Site icon Asian Trade TV

Crypto Twitter split as another NFT platform decides to opt-in royalty payments

The Solana-based Magic Eden has become the most recent NFT marketplace to switch to a royalty model that is optional that follows the model that were followed by X2Y2 which was launched in August. though not without a lot of effort.

In the model of optional royalties buyers have the ability to decide what royalty rates they would like in an NFT project. There could be a possibility that certain creators might not be able to be paid royalties when their works are sold.

Exit mobile version