OpenSea Makes Shift To Optional Royalty Model
Yuga Labs – creators of the popular Bored Ape Yacht Club (BAYC) NFT collection – has unveiled its plans to cut ties
Read More
Optional
OpenSea Goes Zero-Fee, Creator Royalties Optional
“This is the start of a new era for OpenSea,” the marketplace said on Twitter. “We’re excited to test this model and find the right balance of incentives and motivations for all ecosystem participants – creators, collectors, and power buyers and sellers.” Original Source
Read More
NFT Marketplace LooksRare Switches to Optional Royalties
“The growth of zero-royalty marketplaces has eroded the general willingness to pay royalties throughout the NFT space,” the company explained, adding that its new royalty structure is meant to be “a competitive solution that still benefits creators.” Source
Read More
Magic Eden Moves to Optional Royalty Model
Solana’s top NFT marketplace is the latest platform to switch to a no-fee model, following in the controversial trend set by X2Y2 and others. Source
Read More