NFT Market Slump Hits Artists Hard: Payouts to Creators Plunge 98% as Royalties Slashed
The NFT market is experiencing a tumultuous slump, with tensions rising between traders and creators of digital collectibles rising amid controversy surrounding royalties. This friction has resulted from the recent decis...
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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
This friction has resulted from the recent decision by top NFT exchanges, including Blur and OpenSea, to cut royalty rates paid to artists when a token's ownership changes. ...
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This nft story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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