Forget the lottery: How a German NFT project with 50% fees breaks the rules

Introduction

Anyone familiar with the world of NFTs knows the typical picture: quick profits, hype cycles, and the constant hunt for the next project that could explode overnight. It’s a landscape dominated by speculation, where the real value often disappears behind empty promises and dazzling roadmaps. In this noisy, opaque market, a project that claims half of every resale for itself seems, at first glance, like economic suicide.

This is precisely where the German “BlockShark RTE” project comes in. RTE stands for “Radical Transparency Experience”—a radical transparency experience. It’s a counter-proposal to common practice, a socio-economic experiment that deliberately breaks with conventions. At first glance, the core mechanics seem absurd, but closer analysis reveals a fascinating depth that intertwines personal stories, gamified incentives, and a sustainable economic logic.

This article analyzes this high-risk maneuver. We delve into the mechanics of a brilliant idea, but also into the deadly traps—from market dynamics to German tax law—that could bring it down. Prepare for a journey into what may be Germany’s most radical NFT project.

1. The 50% Rule: A brilliant plan with a fatal flaw

The core of the “BlockShark RTE” economy is a rule that would make any experienced NFT trader’s hair stand on end: a royalty fee of an incredible 50% on every sale on the secondary market. This fee is precisely divided: 25% goes directly into the coffers of the BlocksShark DAO to finance the project long-term, and 25% goes to the founder. In the spirit of radical transparency, the founder’s share serves a clearly stated purpose: paying off personal debt.

Compared to the market standard of 5–10%, this figure is extreme. However, an initial analysis reveals an Achilles’ heel that could bring the entire model crashing down: the so-called “Royalty Trap” The reality in Web3 is unforgiving: Large NFT marketplaces like OpenSea or Blur no longer enforce royalties. Buyers and sellers can simply set the fee to zero, which would cripple the entire economic machine of the project and destroy the founder’s plan.

But where most projects would fail, BlockShark demonstrates a crucial strategy. Instead of relying on the goodwill of marketplaces, it focuses on technical enforcement. This is achieved through the use of services like NFTs2Me, which directly integrate fee enforcement into the smart contract, and the development of its own dedicated marketplace store.blockshark.xyz A closed ecosystem is created. In this “walled garden,” the 50% rule is not just a recommendation, but an unshakeable law. But even if the technical enforcement of the fees succeeds, a second, purely German trap lurks that could destroy the financial success.

2. The Infinite Machine: How the Secondary Market Becomes the Main Feature

What motivates a buyer to accept a 50% fee? The answer lies in the so-called “Phase II” of the project. Unlike typical NFT projects, whose value and utility often plummet after the initial mint, with Blockshark RTE, buying on the secondary market is just the beginning.

The concept is simple yet effective: Every new owner who acquires an RTE-NFT on the open market also receives the full “Radical Transparency Experience.” The system uses the blockchain to recognize that it is a new owner and grants them access to the four AI agents. These new participants can then also conduct their investigations, submit their assessments, and qualify for the monthly lottery.

This creates a permanent incentive to buy that goes beyond mere speculation. The actual benefit of the NFT – access to the game and the chance to win – is not tied to the original owner, but is renewed with each resale.

You don’t just have an NFT drop here, but an economic machine designed to theoretically sustain itself through “Phase II”.

3. Your chances of winning are up to 50 million times higher than in the lottery.

A key element that enhances the experience is a high-value monthly raffle. For 20 months, 25 “TimeLoop-25” lifetime access NFTs will be raffled off each month among new participants. These NFTs grant lifetime access to future projects within the Blockshark ecosystem.

The odds of winning are weighted: those who engage thoroughly with the transparently presented information and make accurate predictions will be rewarded. Participants with two correct predictions receive one entry, with three correct predictions two entries, and with four correct predictions even three entries for the draw.

The resulting probabilities are astronomically high compared to state lotteries. A detailed analysis of the winning odds compared to the German Lotto jackpot (“6 correct numbers plus the Super Number”) reveals impressive figures:

• With 1,000 participants per month: Your chance of winning is approximately 5 million times more likely than the lottery jackpot.
• With only 100 participants per month: Your chance is even around 50 million times more likely.

These figures form the basis for a marketing message that is as simple as it is powerful.

“Forget the lottery. With Blockshark RTE, you don’t have a 1 in 140 million chance. You have a real chance. And even if you don’t win the ticket, you’ll have experienced the truth.”

4. The German tax trap: When €30,000 in income suddenly turns into tax debt.

Despite its ingenious economic structure, the project demonstrates how thin the line is between a visionary idea and the harsh realities of the business world. A critical issue that nearly destroyed its entire financial success is the so-called…“Tax trap” The founder originally assumed he was exempt from sales tax due to the small business regulation.

This assumption is incorrect. The planned primary sale of 3,000 NFTs at approximately €10 each would generate a revenue of €30,000. This immediately exceeds the €22,000 annual revenue threshold relevant for the small business exemption. Consequently, the entire income becomes subject to VAT. Approximately €4,800 of the €30,000 would have to be paid to the tax office. In addition, personal income tax would be levied on the remaining profit.

This point is more than just a lesson; it’s a classic pitfall that demonstrates how a brilliant Web3 concept can fail without sound business acumen. The warning from the project analysis is unequivocal: “Nothing is worse than ‘debts paid off, but new tax debts to the government’.”

Conclusion

The Blockshark RTE project is far more than just another NFT drop. It’s a high-risk, yet fascinating socio-economic experiment that redefines the boundaries of what’s possible in Web3. It combines radical transparency, a gamified economy, and a deeply personal destiny in a way that is unique in the NFT space. The founder’s personal motivation lends the entire endeavor a human dimension that extends far beyond purely financial interests.

…settle all debts to avoid leaving scorched earth and to pursue my further plans with Switzerland and El Salvador with a clear conscience!

Ultimately, one central question remains: Is this a forward-looking model that shows how personal crises can be overcome with radical transparency, or is it a lesson in how even the most ingenious Web3 economy can be crushed by the relentless realities of market mechanisms and tax laws?