One big “advantage” (for the companies) of NFTs is that the emitter can take a commission or fee every time the NFT is sold. This can kind of alleviate their fears of people buying from each other instead of buying a new copy. I think that’s a fair middle ground for owning a fully digital copy, between physical copy that companies don’t want and digital copy that consumers don’t want.
Without knowing why people change their wallets, it’s hard to nail down a solution. But, perhaps a smart contract wallet whose access is controlled by an underlying wallet that can be swapped out may help.
In any case, all transfers or smart contract execution attracts a fee. Even sending money between wallets.
Well I know all transactions have fees, I meant a fee charged as a commission to transfer it that goes to the developer.
Wallets get compromised, you might upgrade to a multi sig wallet or make a new shamirs secret sharing wallet. You might want to get more privacy after leaking your identity. All sorts of reasons to change it. Having to pay an extra 4% resale fee or whatever it is doing that wouldn’t be acceptable.
One big “advantage” (for the companies) of NFTs is that the emitter can take a commission or fee every time the NFT is sold. This can kind of alleviate their fears of people buying from each other instead of buying a new copy. I think that’s a fair middle ground for owning a fully digital copy, between physical copy that companies don’t want and digital copy that consumers don’t want.
How can they force that and not also force a fee to move it to a different wallet you own?
People change wallets all the time and putting a fee on that would be inexcusable
Without knowing why people change their wallets, it’s hard to nail down a solution. But, perhaps a smart contract wallet whose access is controlled by an underlying wallet that can be swapped out may help. In any case, all transfers or smart contract execution attracts a fee. Even sending money between wallets.
Well I know all transactions have fees, I meant a fee charged as a commission to transfer it that goes to the developer.
Wallets get compromised, you might upgrade to a multi sig wallet or make a new shamirs secret sharing wallet. You might want to get more privacy after leaking your identity. All sorts of reasons to change it. Having to pay an extra 4% resale fee or whatever it is doing that wouldn’t be acceptable.