*Read this newsletter on the web for the best experience* Hi frenz,Earlier this week, the good old-fashioned conversation about creator royalties resurfaced after NFT Marketplace Magic Eden moved to optional royalties. They argued zero-royalty exchanges had a 50% market share and that it was necessary for the company, but .. the facts don't back this. This move sparked a lot of thoughts and conversations, which even raised the question if creators should start to prevent marketplaces from listing. Magic Eden hosted a Twitter space to explain themselves, but that didn't go smoothly. Either way, it looks like OpenSea is staying the hottest marketplace to date, as their competition is slaughtering themselves by making unpopular decisions. Food for thought! — 🩸💀 AMERICAN RADASS
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Magic Eden makes a controversial NFT decision
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*Read this newsletter on the web for the best experience* Hi frenz,Earlier this week, the good old-fashioned conversation about creator royalties resurfaced after NFT Marketplace Magic Eden moved to optional royalties. They argued zero-royalty exchanges had a 50% market share and that it was necessary for the company, but .. the facts don't back this. This move sparked a lot of thoughts and conversations, which even raised the question if creators should start to prevent marketplaces from listing. Magic Eden hosted a Twitter space to explain themselves, but that didn't go smoothly. Either way, it looks like OpenSea is staying the hottest marketplace to date, as their competition is slaughtering themselves by making unpopular decisions. Food for thought! — 🩸💀 AMERICAN RADASS