OpenSea Pledges to Enforce NFT Royalties After Creator Backlash

OpenSea, the largest NFT marketplace by trading volume, announced today that it will continue to enforce creator royalties on NFTs following significant pushback from the community. “We will continue to enforce creator fees on all existing collections,” the firm wrote in a tweet thread. “We’re awed by the passion we’ve seen from creators and collectors alike this week. We were looking for your feedback, and we heard it, loud and clear.”

Source: OpenSea Pledges to Enforce NFT Royalties After Creator Backlash – Decrypt

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