OpenSea NFT Marketplace Implements Changes to Creator Fees and Royalty Rules – Here's What You Need to Know
The major non-fungible token (NFT) marketplace OpenSea has implemented changes that makes creator fees optional for new collections. Specifically, the OpenSea said it would retire the Operator Filter, which functioned as...
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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Specifically, the OpenSea said it would retire the Operator Filter, which functioned as an enforcement tool for creator royalties on the platform.
Instead, OpenSea will now move to optional royalties for all NFT sales on the secondary market, meaning the ordinary market where NFT collectors and traders sell to each other....
Read More: OpenSea NFT Marketplace Implements Changes to Creator Fees and Royalty Rules – Here's What You Need to Know
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