An image from Spotify’s annual Stream On event. Spotify One of the main complaints about Spotify is that there simply isn’t enough money being paid out. That’s a common criticism from musi...
Tag: royalties
NFT Royalties Are ‘Not Going Away on SuperRare’: Co-Founder Jon Perkins
Creator royalties, or a lack thereof, on NFT marketplaces have been the niche’s biggest talking point of late. For SuperRare though, the decision to pay creators was already made five years ago....
This Week on Crypto Twitter: NFT Community Wants Creator Royalties Back
Illustration by Mitchell Preffer for Decrypt There were ubiquitous losses among the leading cryptocurrencies this week as the latest inflation readings prompted fears among investors that the Federal ...
Blur’s stance on royalties is ‘insulting,’ Animoca Brands Chairman Yat Siu says
Animoca Brands Chairman Yat Siu has a message for marketplaces: if you care about the health of the web3 ecosystem, you should stand behind creator royalties. The remarks, made in an interview...
OpenSea is Zero-fee now, Creator Royalties becomes optional
OpenSea, the largest NFT marketplace in the world, has made a bold move by eliminating all transaction fees for buyers and sellers on its platform. The move is intended to attract even more creators ...
Why we need more NFT royalties and less marketplaces
Ad In the fast-evolving world of NFTs, the decision by leading marketplace OpenSea to temporarily eliminate its 2.5% fee on sales and reduce creator royalty protections in response to the emergence of...
Blur Advises NFT Creators to Block OpenSea in Royalties Battle
Open war has finally erupted between leading NFT marketplaces. On Wednesday, upstart NFT marketplace Blur announced that it will enforce full creator royalties for any collection that blocks trading o...
Rihanna Producer Sells Royalties to ‘Bitch Better Have My Money’ as NFTs
A tiny fraction of royalties from Rihanna’s smash hit song “Bitch Better Have My Money” has just been redistributed to 205 people via 300 Ethereum NFTs in a collection that sold out Thursday, per Ethe...
Donald Trump NFT Creator Pockets $1.3 Million in Royalties
Donald Trump’s Trump Card NFT collection has earned over $16 million in revenue on secondary NFT marketplace OpenSea, even as the collection’s floor price falls to about 0.5 ETH. Secondary Sales 4x Pr...
Yuga Labs Excludes Marketplaces For Not Allowing Creator Royalties
10 mins ago | 2 mins read NFT News Yuga Labs promptly moved to prevent secondary trading on certain exchanges. The Sewer Pass is inaccessible on marketplaces that don’t adhere to creator royalties. Th...
Bored Ape Creator: “Royalties Must Be Respected”
Join Our Telegram channel to stay up to date on breaking news coverage The Bored Ape Yacht Club’s creators made it apparent that they didn’t love it as marketplaces pushed to stop enforcing creator ro...
‘Creator Royalties Must Be Respected,’ Says Bored Ape Creator as Some Sewer Pass NFT Trades Blocked
As marketplaces moved to stop (or potentially stop) enforcing creator royalties on NFT sales late last year, the creators of the Bored Ape Yacht Club made their position clear: they didn’t love it. Wi...
NFT Creators Looking for Royalties Face an Uphill Battle: Galaxy
Thanks to widespread, emerging marketplace policies, NFT creators looking to cash in on royalties have been having a difficult go of it. Until yet another set of standards for corresponding smar...
OpenSea reconsiders NFT royalties in response to creators’ criticism
OpenSea postpones its royalty policy enforcement until January 2023 amid the community backlash. OpenSea has announced that it will move the royalties policy enforcement date to January 2, 2023. The p...
OpenSea tweaks policy on NFTs royalties after early criticism
The leading marketplace for nonfungible tokens OpenSea has announced another slew of changes to its approach revealed in early November toward enforcing viable creator royalties on NFTs projects. This...
OpenSea Again Changes Course on NFT Royalties After More Creator Pushback
In brief OpenSea has announced various changes to its enforcement of creator royalties following complaints from some creators and builders. The firm has extended the deadline by which creators of new...
OpenSea revises royalties for NFT creators
OpenSea announced that it has revisited its strategy regarding NFT creator royalties and launched version 2 of the tool. Not only that, the marketplace has extended the deadline to 2 January, the date...
Magic Eden launches NFT tool to enforce creator royalties
The Solana-based NFT marketplace Magic Eden has announced the Open Creator Protocol (OCP). OCP is an open-source tool that NFT creators on Solana can deploy to ensure that royalties are paid whenever ...
Magic Eden Introduces OCP Tool to Mandate NFT Creator Royalties
Editors News The OCP expands upon the Metaplex SPL token norm for Solana-based NFTs. Magic Eden’s OCP is similar to OpenSea’s latest Ethereum toolset. There is a potential danger to creator royalties ...
Solana-Based NFT Marketplace Magic Eden Launches Tool to Enforce Creator Royalties
The non-fungible token (NFT) space may have been spared the brunt of the catastrophic fall of FTX, but the battle for market share continues. Amidst the chaos, Magic Eden – the most popular marketplac...
Magic Eden Launches Solana NFT Tool to Enforce Creator Royalties
In brief Magic Eden has launched the Open Creator Protocol, which it says can enforce creator royalties on Solana NFTs that use the tool. In October, the leading Solana NFT marketplace made creator ro...
Magic Eden to debut code enforcing NFT royalties, allowing ‘gamification’ of collections
Solana’s biggest NFT marketplace, Magic Eden, has followed in the footsteps of OpenSea in releasing code that allows creators to enforce royalties on new NFT collections. The move appears ...
OpenSea ends 2022 with major partnerships and $1B in NFT royalties
The year has had one of the harshest crypto winters in history. Despite the fact that investors have suffered significant losses, several DeFi sectors have prospered in 2022. The OpenSea NFT market ha...
OpenSea says NFT creators earned $1 billion in royalties this year
Creators selling NFTs on OpenSea collectively earned $1.1 billion this year, with 80% of that amount allocated to collections outside the top 10. These earnings do not include sponsorship revenu...
Why OpenSea Is Sticking With NFT Creator Royalties
In brief OpenSea CEO Devin Finzer spoke with Decrypt about the NFT marketplace’s recent moves around creator royalties. The firm said that it will continue to enforce royalties set on all projects aft...
NFT marketplace X2Y2 follows rival, OpenSea in enforcing royalties – crypto.news
The NFT marketplace X2Y2 announced that it has removed “Flexible Royalty”, its original practice of letting users choose royalties, saying it will now enforce royalties on all collections. X2Y2 tails ...
Ethereum NFT Marketplace X2Y2 Will Enforce Royalties Following OpenSea’s ‘Brave Move’
In brief X2Y2, an Ethereum marketplace, said today that it will enforce creator-set royalties on all NFTs going forward. OpenSea recently made a similar announcement after considering a move away from...
NFT Marketplace X2Y2 To Reinstate Creator Royalties
8 seconds ago | 2 mins read NFT News An NFT royalty is a percentage of the profit made from a sale on the secondary market. X2Y2 lauded OpenSea for finally standing up for creator royalties. A few wee...