Yuga Labs: will gradually stop supporting all upgradeable contracts and new collections for OpenSea SeaPort.
2023-08-19 00:38
Odaily News: Yuga Labs announced on Twitter that, following OpenSea's announcement of the discontinuation of mandatory royalties, they will implement an optional creator royalties plan for all NFT secondary sales after February 2024. Yuga Labs will gradually stop supporting OpenSea SeaPort's upgradable contracts and new series and plan to complete this process concurrently with OpenSea in February 2024.
Yuga Labs stated, "Although NFTs have always aimed to give users true ownership of their digital assets, they also empower creators. Yuga firmly believes in protecting creators' royalties to enable them to benefit from their creations."
Yuga Labs stated, "Although NFTs have always aimed to give users true ownership of their digital assets, they also empower creators. Yuga firmly believes in protecting creators' royalties to enable them to benefit from their creations."
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