Magic Eden CEO: Royalties-Enforcing NFTs Could Be 'New Asset Class'
The Solana-centric marketplace is pushing for NFTs with “special properties” to enforce creator royalties—but warns that they will have “trade-offs.”
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
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
Read on DecryptRelated market context
Hester Peirce departs SEC after years of advocating for digital assets
Peirce's departure leaves the SEC with a narrowed perspective, potentially impacting future crypto regulation and innovation initi...
BNY weighs digital asset infrastructure deal with Kraken parent Payward: CoinDesk
A potential BNY-Payward partnership could significantly enhance crypto infrastructure, fostering greater integration with traditio...
Solana ETFs Overtake XRP Funds With $1.91 Billion in Assets
Solana ETFs have overtaken XRP products in total net assets after an eight-day inflow streak brought in nearly $254 million. The s...
Once a $2 billion Ethereum layer-2, Blast is shutting down after assets plunge 98%
Once home to more than $2 billion in crypto assets, Blast is shutting down as activity fades, costs rise, and bigger platforms lik...
The SEC is turning crypto custody into a fight over asset coverage
The SEC's proposal could reshape the crypto custody landscape, emphasizing asset coverage and integration over regulatory status a...
XRP Price Prediction: Ripple Teases Special Announcement in Korea Blockchain Week
XRP price is hovering at $1.52 on October 2, up 1% over 24 hours, as we look toward Ripple’s October 3 appearance in Seoul, which...