HomeCrypto NewsNFT project y00ts will enforce creator royalties starting tomorrow

NFT project y00ts will enforce creator royalties starting tomorrow

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NFT project y00ts will enforce creator royalties starting tomorrow

NFT project y00ts announced on X that starting tomorrow, the project will enforce the royalty policy together with Magic Eden.

100% of the royalties will be used for two things: purchasing y00ts, and providing X badges to y00ts creators. When the Magic Eden ETH market goes live, y00ts will not be able to trade on markets where royalties are not enforced.

According to previous news , Yuga Labs stated on X that the new Magic Eden Ethereum market jointly launched by Yuga Labs and Magic Eden will be launched tomorrow. 

In addition, cooperation with NFT marketplaces that do not support all creator royalties will stop starting tomorrow, and Yuga Labs collectibles with royalty filters can only be traded on marketplaces that respect all creator royalties at the protocol level.

Source

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