Magic Eden, a non-fungible token (NFT) exchange, has revised its stance on creator royalties. On Thursday, it announced the creation of a protocol that would impose fees on any new collections that choose to use the tool. 🧵 Today's a big day! We’re excited to launch Open Creator Protocol, an open source, free, feature-rich tool built on Solana's managed-token standard in the SPL library, for creators to protect royalties on new collections. We hope it becomes 1 of many royalty protection tools. pic.twitter.com/IZq4QscXaI — Magic Eden 🪄 (@MagicEden) December 1, 2022 Magic Eden to Start Enforcing Royalties Creators publishing new The post Magic Eden Introduces a Protocol to Ensure Creator Royalties appeared first on Cryptoknowmics-Crypto News and Media Platform .
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