2022-10-26
Magic Eden, the biggest NFT market on Solana, said this time
users can decide how much they provide to distribute as royalties to creators
when ordering items from the website.
According to Magic Eden, Buyers will have three options to
set their royalty
percentages that need to pay. Moreover, they can revise their user profile to choose
a royalty payment percentage in order
to use it for all of the NFTs on Magic Eden. Besides, they can select a royalty
percentage for a specific collection or even one item.
“It was aware that the move has significant implications for
the NFT space, and expressed hope that it will be temporary,” The NFT platform said.
After the declaration,
some of the creators are saying to NFT royalties’ issue that they should gain a
profit for their work. On the other hand, some users argue they should not be forced
to distribute as royalty payments for NFTs.
This issue has both advantages and disadvantages, SudoSwap, NFT is becoming of interest for being a royalty-free platform. One point, this offering to drop NFT for setting a royalty payment percentage makes NFT’s price rose. Moreover, it would create more scam projects in the future.
Source link: the block
Thank you for the picture: coin68.com
