NFT Royalties Take a Halt - What's Next for Creators?
Too Long; Didn't Read
NFT Royalties were more like the frosting on the cake for creators, a way to get additional benefits even after selling their NFTs. However, the narrative for these extra toppings has changed over the years. There has been some debate on whether NFT royalty should still be given to creators, and OpenSea was one major marketplace that stood firmly with the former rather than the latter.
Many marketplaces have moved on to a "no-royalty fee" model, leaving OpenSea the only contender for this resort. However, this changed on the 17th of February when the marketplace announced removing the mandatory royalty fee payment.