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NFT project y00ts: Creator royalties will be enforced starting tomorrow
2024-02-27 05:43:30
Odaily News NFT project y00ts announced on the X platform that starting tomorrow, the project will enforce the royalty policy together with Magic Eden. 100% of the royalties will be used for two things: purchasing y00ts, and providing X badges to y00ts creators. When the Magic Eden ETH market goes live, y00ts will not be able to trade on markets where royalties are not enforced. This morning’s news, Yuga Labs announced on the X platform that the new Magic Eden Ethereum market launched in cooperation with Magic Eden will be launched tomorrow. It is said to be the first major marketplace to launch in partnership with creators, with the platform featuring custom pages for collectors, loyalty rewards and a contractual obligation to honor creator royalties. Additionally, starting February 27, Yuga Labs will stop supporting marketplaces that do not support royalties for all creators, and its collections with royalty filters will only be available on marketplaces that respect the protocol level of paying royalties to all creators. trade.