OpenSea Drops Anchor on Creator Fees: Are They Sinking?

OpenSea Adjusts Its Royalties Strategy Amidst Market Pressure

OpenSea, the renowned NFT marketplace, has recently shifted its approach to creator fees and royalties, making them optional. Amid market pressures and rivalry from platforms this move raises concerns for artists who rely on these royalties. As the NFT world responds, some platforms remain committed to artist welfare, positioning themselves as havens for genuine art collectors. With the NFT ecosystem at a crucial juncture, choices made now will significantly impact the future of digital artistry.