March 22, 2023

NFT Collector Gmoney: ‘Marketplaces Have Nothing to Trade Without Creators’

Paris, France – NFT collector Gmoney, known for his pseudonymous identity, recently spoke to Decrypt’s Dan Roberts at NFT Paris about the importance of creators in the NFT space.

Gmoney, who is also the founder of Web3 luxury brand 9dcc, emphasized that marketplaces would have nothing to trade without creators. He stated that creators are the backbone of the NFT ecosystem and that they should be compensated fairly for their work.

The collector also discussed the recent trend of big brands getting into NFTs, stating that it was a positive development for the space. He believes that the involvement of big brands will bring more mainstream attention to NFTs and help to legitimize the industry.

However, Gmoney also touched on the ongoing debate over creator royalty fees. He stated that while he believes creators should be compensated fairly, he also understands the need for marketplaces to make a profit. He suggested that a balance needs to be struck between the two.

Looking to the future, Gmoney expressed excitement about the potential for new developments in the NFT space. He believes that the industry is still in its early stages and that there is much more to come.

Overall, Gmoney’s message was clear: creators are essential to the NFT space, and they should be treated fairly. As the industry continues to grow and evolve, it will be important to keep this in mind and ensure that creators are given the recognition and compensation they deserve.

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