Good news for NFT creators from Magic Eden marketplace

Magic EDEN & Zero royalty NFTs

About Zero Royalty

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The cost of NFT Royalty

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Who started the trend?

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Magic Eden joins the list

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U-turn by Magic Eden

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Influenced from OpenSea

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What it means?

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We're on You Tube

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Magic EDEN & Zero royalty NFTs

Magic EDEN & Zero royalty NFTs

About Zero Royalty

About Zero Royalty

Zero Royalty is the new NFT trend which allow buyers to purchase NFTs without paying the royalty fee.

The cost of NFT Royalty

The cost of NFT Royalty

Everytime when an NFT is sold, its royalty gets paid directly to the creator ranging between 5%-12% of net sales.

Who started the trend?

Who started the trend?

New NFT marketplaces Yawww, HadeSwap started the trend and witnessed tremendous demand for such NFTs

Magic Eden joins the list

Magic Eden joins the list

Leading NFT marketplace on Solana i.e Magic Eden join hands with Coral Cube to boost its efforts towards royalty free NFT

U-turn by Magic Eden

U-turn by Magic Eden

Magic Eden recently launched a tool called Open Creator Protocol (OCP) to protect creator royalties, diverting from its pervious decision

Influenced from OpenSea

Influenced from OpenSea

The decision is influenced from the recent announcement by OpenSea saving creators from zero royalty.

What it means?

What it means?

It indicates support to NFT creators. From canceling their income to protecting it. Good news for NFT creators

Also Read:

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We're on You Tube

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