Crypto Twitter split as another NFT platform moves to opt-in royalties By Cointelegraph
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Crypto Twitter split as another NFT platform moves to opt-in royaltiesSolana-based Magic Eden has become the latest NFT marketplace to shift to an optional royalties model, following in the footsteps of X2Y2 in August, albeit reluctantly.
Under the optional royalties model, buyers are given the power to set the royalties they want to contribute to an NFT project, meaning there is a chance that some creators may not receive royalties when their artworks are sold.
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Crypto Twitter split as another NFT platform moves to opt-in royaltiesSolana-based Magic Eden has become the latest NFT marketplace to shift to an optional royalties model, following in the footsteps of X2Y2 in August, albeit reluctantly.
Under the optional royalties model, buyers are given the power to set the royalties they want to contribute to an NFT project, meaning there is a chance that some creators may not receive royalties when their artworks are sold.
Continue Reading on Coin Telegraph
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