Rapper Waka Flocka Flame says NFTs are just a new way for artists to be exploited with unfair terms. So he’s launching his own NFT marketplace. “Instead of paying burdensome gas fees, Satoshi.Art takes only 2.5% for basic costs,” according to a spokesperson. The platform is designed to allow artists to keep a fixed percentage of sales each time they sell their NFTs in perpetuity.
Source: Waka Flocka Flame Says NFT Marketplaces Are Exploiting Artists