OpenSea Rows Back on Royalties After Community Pressure

Reading Time: 2 minutes Leading NFT marketplace OpenSea has rowed back on its plan to scrap mandatory creator royalties The move comes after NFT creators disagreed with the marketplace’s intentions to enable optional royalties OpenSea had indicated that it will provide on-chain support of creator fees for new NFTs  Leading NFT marketplace OpenSea has bowed to pressure from NFT creators and has brought back compulsory royalties payment for all collections on the platform…
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