NFT holders can earn millions through IP rights, says Apocalyptic Apes founder

Brian Leclere - 13 June 2022 - APP MARKET_WATCH NFT

Bill Starkov, the founder of Apocalyptic Apes, said that holders can earn a lot of money by licensing their nonfungible tokens.

While the most common way to earn money in the nonfungible token (NFT) space is by flipping the tokens for profit, there are other opportunities to earn money with NFTs as the market continues to develop.

In a Cointelegraph interview, Bill Starkov, the founder of Apocalyptic Apes and a Bored Ape Yacht Club (BAYC) member, talked about how NFT holders can license the intellectual property (IP) rights of the tokens.

Citing BAYC as an example, Starkov noted that “holders can generate thousands of dollars by licensing out their apes for commercial use.” He explained that this can also happen with other projects if the NFT collection becomes more popular.

Apart from this, Starkov strongly believes that, eventually, people’s profile pictures will become celebrities, themselves, as a result of their holders using NFTs. He noted :

Source: NFT holders can earn millions through IP rights, says Apocalyptic Apes founder

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