NFT marketplace Rarible sees uptick after commitment to royalties
NFT aggregator Rarible said by October it would cut off aggregate orders from competitors that don’t enforce royalties, such as OpenSea.
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Ethereum NFT royalties hit two-year low as Bored Ape floor price falls below 30 ETH
NFT royalties act as an important gauge of incoming revenues to fund ongoing development of various projects in the ecosystem.
What are NFT royalties, and how do they work?
NFT royalties refer to the percentage of sales or transactions of a nonfungible token (NFT) that are paid to the original creator or owner of the NFT.
Musician Grimes willing to “split 50% royalties” with AI-generated music
The Canadian musician took to Twitter to voice her support of AI-generated music using her voice, saying she is willing to be a “guinea pig” for the new technology.
Nifty News: Chinese firms to offer World Cup metaverse viewings, X2Y2 backtracks on royalties, and more
In early November the Chinese government made an ambitious plan to boost the nation’s VR industry, now it seems local tech companies are using the World Cup to test-run their products.
OpenSea to enforce creator royalties on all collections after community outcry
The NFT marketplace has clarified its stance on creator royalties after receiving significant public backlash from an earlier post.
Bored Apes founders propose new model for NFT creator royalties
The BAYC founders want an NFT creator royalties model that ensures transferring NFTs between wallets remains free and encourages creators to remain within the NFT ecosystem.
OpenSea launches on-chain tool to enforce NFT royalties
The royalty enforcement tool only applies to new NFT collections at this stage, with a decision to be made on existing collections at a later date.
Nifty News: NFT marketplace says no to opt-in royalties, Visa jumps on World Cup NFTs and more
A new NFT marketplace is giving a hard pass to optional royalties, bucking the trend, and NFTs are getting a new home on Ripple’s XRPL.
Nifty News: LooksRare the latest NFT market to sack royalties, Twitter’s tweeting tiles, and more
LooksRare joins the lineup of NFT marketplaces that have abandoned default creator royalties but says its replacement solution is “competitive”.