Yuga Labs founders suggest allowlist that restricts BAYC trades to royalty-enforced marketplaces
Wylie Aronow and the other co-founders of Yuga Labs have suggested a method to allow Bored Ape Yacht Club (BAYC) NFT sales only to royalty-enforcing marketplaces. They suggest doing this through an allowlist which would check the wallet address for a BAYC transaction, as detailed in a Substack post. Bored Ape Yacht Club has received a total of $147.6 million through NFT royalties so far — the most of any collection, according to a Galaxy Digital report. Implementing an allowlist helps Yuga Labs keep this recurring revenue while forgoing a deny list, or blocking certain wallet addresses, of NFT marketplaces that don’t uphold royalties that other NFT projects have done. If the allowlist detects a transaction request from the smart contract of an NFT marketplace that bypasses royalties.
