Launch of NFT royalty is defended by Magic Eden
NFT royalty is an enforcement tool created to give NFT creators the ability to recognize NFTs that have been sold without paying creator royalties.
Magic Eden which is a NFT marketplace in Solana has criticised this NFT royalty.
According to Magic Eden marketplace should protect creators right or reduce royalty to make NFTs more affordable for collectors.
A few weeks ago X2Y2 unveiled a brand new feature to give customers the freedom to pay a royalty charge when purchasing a NFTs.
Magic Eden also said that editor has the ability to restore the NFT to its initial state when debt has been settled.
This enforcement tool of NFT royalty is launched on Sep. 12, 2022.
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