OpenSea Will Continue to Enforce Creator Fees on All Existing Collections

Nov 10,2022
KingData News: OpenSea tweeted that it is now observing a greater tendency among NFT collectors to sell NFTs in the royalty-free NFT market to get as much revenue as possible in a bear market, with data showing that nearly half of the top 20 NFT series sold last week without paying royalties. OpenSea has chosen to continue to collect royalties on the already live NFT series, can assist creators in enforcing royalties through the on-chain mechanism, and recommends that creators create additional incentives for the community and refuse to link to the royalty-free NFT marketplace from their websites.
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