OpenSea will protect creators from Zero Royalty NFT trend

Zero Royalty NFT in fashion

About Zero Royalty NFT

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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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LooksRare entry

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Bad news for Creators

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OpenSea to the rescue

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Making Royalties optional

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Learn about LooksRare

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We're on You Tube

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Zero Royalty NFT in fashion

Zero Royalty NFT in fashion

About Zero Royalty NFT

About Zero Royalty NFT

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

LooksRare entry

LooksRare entry

Ethereum based NFT marketplace LooksRare also joined the trend by making royalties optional when trading NFTs.

Bad news for Creators

Bad news for Creators

This is seemingly bad news for creators. They won't be able to generate passive income from the sale of their NFT art.

OpenSea to the rescue

OpenSea to the rescue

The biggest marketplace took a stand and announced that it will support NFT creators by enforcing royalty fee on creators

Making Royalties optional

Making Royalties optional

Many marketplaces have rejected the royalty fees but OpenSea wants to make it optional for traders. Though it looks like a shallow support.

Learn about LooksRare

Learn about LooksRare

Checkout LooksRare marketplace on Ethereum

Also Read:

Also Read:

1..Crypto laundering

1..Crypto laundering

2..Twitter NFT Tiles

2..Twitter NFT Tiles

3..FTX crash & Cryptos

3..FTX crash & Cryptos

We're on You Tube

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