The Unforeseen Consequences of Removing Royalties: A Look at the NFT Ecosystem

Recent decisions by prominent platforms Blur and OpenSea to remove royalties have sparked a contentious debate. The crux of the argument is this: the removal of royalties, while seemingly an opportunity for traders, has inadvertently set the NFT ecosystem back by removing an essential source of liquidity for projects.

Source: The Unforeseen Consequences of Removing Royalties: A Look at the NFT Ecosystem | NFT CULTURE | NFT News | Web3 Culture | NFTs & Crypto Art

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