Rapid Insights: OpenSea Retaliates Against Royalty Circumvention
Quick Take
- Rapid Insights provide a deeper analysis of the current crypto landscape in a timely fashion.
- On Saturday, OpenSea announced the launch of an on-chain royalty enforcement tool that is aimed at re-establishing royalty payments as the norm for creators.
- The NFT juggernaut has generated $1.1bn in royalty payments for creators since the beginning of the year.
- With an average realized royalty fee of 5.46%, the platform outshines its competitors.
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Author: Thomas Bialek
