Devin Finzer, the CEO of OpenSea, intends to collaborate with Apple on developing non-fungible token (NFT) applications. Finzer thinks he can collaborate with Apple to promote the NFTs sales, which is presently unavailable via the Apple app store.
Starting December 2, 2022, all the new NFT collections launching on the Magic Eden marketplace will have creator royalties. Magic Eden is now a part of the list of marketplaces that provides creator fees to the creators.
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.