Animoca Brands Launches NFT Licenses, Empowers Creators with Royalties By DailyCoin
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Animoca Brands Launches NFT Licenses, Empowers Creators with Royalties- Animoca Brands has introduced NFT licenses that enforce creator royalties.
- The venture capitalist released the licenses in light of leading NFT marketplaces exploiting creator royalties.
Creator royalties have been a controversial topic as of late as leading NFT marketplaces, Blur and OpenSea, compete to remove creators from the equation.
The rising concerns for creator royalties led to Animoca Brands taking things into their own hands, with chairperson Yat Siu at the forefront, advocating for creators’ rights.
The chairperson shared in an interview that the NFT marketplacesâ cutting out royalties from their fee structure insulted the creators.
Interestingly, as part of its commitment to supporting NFT creator royalties, Animoca Brands has introduced a set of NFT licenses that legally binds creator royalties payments and other conditions.
The venture capitalist…
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Animoca Brands Launches NFT Licenses, Empowers Creators with Royalties- Animoca Brands has introduced NFT licenses that enforce creator royalties.
- The venture capitalist released the licenses in light of leading NFT marketplaces exploiting creator royalties.
Creator royalties have been a controversial topic as of late as leading NFT marketplaces, Blur and OpenSea, compete to remove creators from the equation.
The rising concerns for creator royalties led to Animoca Brands taking things into their own hands, with chairperson Yat Siu at the forefront, advocating for creators’ rights.
The chairperson shared in an interview that the NFT marketplacesâ cutting out royalties from their fee structure insulted the creators.
Interestingly, as part of its commitment to supporting NFT creator royalties, Animoca Brands has introduced a set of NFT licenses that legally binds creator royalties payments and other conditions.
The venture capitalist…
Continue Reading on DailyCoin
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