OpenSea Shuts Down Royalty Enforcement, Makes Creator Fees Optional

OpenSea Shuts Down Royalty Enforcement, Makes Creator Fees Optional 15

However, for NFT creators who enable the OpenSea Operator Filter for their collection before August 31, the NFT marketplace will enforce the creator’s preferred royalty on all secondary sales till February 29, 2024. This option will also be extended to existing collections on all non-Ethereum blockchains.

Craziest thing Opensea ever did was make creator royalties optional.

Shortsighted knee jerk reaction to compete with Blur, which will end up dying anyway. pic.twitter.com/G4aPWmrwJx

The NFT community on X (formerly Twitter) expressed frustration with OpenSea’s decision to make creator fees optional. NFT artists questioned the incentive to stay with OpenSea instead of going to rival marketplaces like Blur. 

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