Connect with us

Hi, what are you looking for?


OpenSea Exploring NFT Royalties


OpenSea has officially announced that they are reconsidering their policy on enforcing creator content royalty fees for NFTs as a result of community feedback, stating that they will continue to enforce creator royalty fees.

This comes after they announced they were considering cutting creator royalties, which was met by strong community backlash.

LooksRare was one of the marketplaces that recently announced that they would no longer be supporting creator royalties by default, however will 25% of the LookRare Protocol fee with its creators.

OpenSea says that it will continue to enforce creator fees on all existing collections and that reaching out to the community for guidance was done in order to better understand a variety of perspectives.

You May Also Like


Animoca Brands’ CEO Yat Siu is speaking out following the epic collapse of FTX earlier in the week that sent shockwaves throughout the web3...


Wemade and Sandbox Network have officially announced a partnership that will see both companies work with one another within the Web3 spaces. Per this...


One of Paris’ top esports teams Team Vitality has announced the launch of a brand new mobile app called V.Hive, which will be the first support-to-earn...


Starbucks Odyssey, which is the coffee brands official NFT rewards platform, is celebrating that the brand is calling “unprecedented” success following the initial rollout...