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After listening to the community, the leading NFT marketplace adjusted its royalty enforcement deadline to January 2nd, 2023, with several tweaks to its creator fees approach.
OpenSea Extends NFT Royalty Enforcement Deadline After More Creator Pushbacks
NFT royalties are cryptocurrency payouts that give creators a portion of secondary sales of their digital collectibles. The creator determines the percentage of sales assigned for royalties at the time of minting.
Market Leaders Opensea, Yuga Labs & Animoca Brands Take on NFT Royalty
The company has introduced a community-governed white- and blacklisting tool to enforce creator royalties on-chain.
Immutable is Enforcing NFT Royalty Fees on Ethereum at a Protocol Level
The free-to-play card trading game has activated royalty fees for secondary market transactions with the goal of creating a sustainable Play and Earn ecosystem where tokens can be redistributed as rewards to active players.
Gods Unchained Implements Royalty fees on Secondary Market Transactions of Cards