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NFTs may have died down, but RARI Foundation’s Jana Bertram is bullish on their evolution, according to her analysis of the industry in the latest episode of the Hashing It Out podcast. Go to Source
Rarible has cemented its commitment to NFT royalty enforcement by launching a testnet for an EVM-compatible chain with embedded royalties on the node level. Go to Source
NFT aggregator Rarible said by October it would cut off aggregate orders from competitors that don’t enforce royalties, such as OpenSea. Go to Source
Yuga Labs said it will start winding back OpenSea support for “all upgradable contracts and any new collections” following the announcement from the NFT marketplace. Go to Source
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. Go to Source Powered by WPeMatico
The CEO of NFT marketplace Magic Eden said NFT creators “need a sustained revenue model” and with “no way” of currently enforcing royalties a “new asset class” could emerge to enforce them. Go to Source Powered by WPeMatico
Solana NFT project DeGods has removed royalty fees and Zuckerberg says Meta is looking at an open Metaverse as a new VR headset rolls out. Go to Source Powered by WPeMatico
