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Another NFT Marketplace Goes Zero Royalties in 'Race to the Bottom'

The token rewards-driven marketplace LooksRare will no longer enforce royalties and instead pay a share of protocol fees to creators.

38 /100
Market signal

Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Another NFT Marketplace Goes Zero Royalties in 'Race to the Bottom'
The token rewards-driven marketplace LooksRare will no longer enforce royalties and instead pay a share of protocol fees to creators.

Why this matters

This nft story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

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