Collect
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Collector unlocks NFT utilisation by paying an upfront listed price
Once collected, a Radical NFT can be use like any other NFT
An additional subscription price is attached to the NFT
It corresponds to the annual subscription paid by current owner to NFT creator
Radical owner deposits liquidity to cover his subscription until a due date
Radical NFT owner needs to manage his subscriptions
3 fundamentals variable should be monitored
Alike on others marketplaces, this is the upfront price paid to acquire a Radical NFT
As soon as he collects, the new owner settles a listed price of his choice
The NFT is always on sale. An other collector can claim the NFT utilisation by paying the listed price to the current owner
The subscription price is the yearly amount paid from Radical owner to NFT creator
The subscription price is function of the listed price and the fix subscription rate settled by NFT creator
A due date is attached to each Radical NFT subscription
Collector deposits liquidity to lengthen the subscription end date
If the due date is attained, the NFT will be transfer to the Radical initial creator
If the NFT is sold, the previous owner automatically receives the subscription liquidity he had deposited
When collecting a Radical NFT, collector is arbitraging between NFT conservation potential and subscription price
The highest the listed price, the greater the probability to conserve the NFT from others collector. This involve a greater subscription cost
The lowest the listed price, the smallest the subscription cost. This involves lowest probability to conserve the NFT as financial moat is smaller