Is Web3’s Promise of Creator Royalties Broken?

OpenSea, the largest NFT marketplace, briefly considered changing its policy before a deafening backlash from artists forced the company to double down on its commitment to royalties. OpenSea also introduced an “enforcement tool” allowing artists to blacklist rival marketplaces that don’t honor creator royalties. It’s a small win for creators although some have called it a “bandaid” as many growing platforms still do not enforce royalties by default.

Source: Is Web3’s Promise of Creator Royalties Broken?

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