Establishment of Magic Eden Royalty Alliance: Dozens of NFT Projects Withdraw Successively from OpenSea and Blur
The project that provides the greatest support for maintaining royalties undoubtedly is Yuga Labs, which, after parting ways with OpenSea on the issue of royalties, has joined forces with Magic Eden to bring about today’s development. The founder of Yuga Labs stated that, in celebration of the launch of Magic Eden’s Ethereum marketplace, royalties for all series will be reduced for a period of 69 days.
