Solana Could Get Enforceable NFT Royalties Via New Metaplex Standard
Creator royalties have largely fallen out of favor in the Solana NFT space lately, as top marketplace Magic Eden made paying them optional last week after royalties-shunning rivals snatched away market share. Now Metaplex, the creator of Solana’s NFT standard, says it is developing a new standard that can enforce royalty payments across the board. Metaplex announced the news on Thursday night amid the ongoing debate around creator royalties, saying it is “building a new asset class that will enable creators to enforce royalties at the protocol level.”. And while this has largely upset project creators that depend on those fees for revenue, NFT royalties are not currently enforceable with the current Solana standard.
Source
https://t.me/nftsdefifinance
