Launch of NFT royalty is defended by Magic Eden

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NFT royalty is an enforcement tool created to give NFT creators the ability to recognize NFTs that have been sold without paying creator royalties.

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Magic Eden which is a NFT marketplace in Solana has criticised this NFT royalty.

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According to Magic Eden marketplace should protect creators right or reduce royalty to make NFTs more affordable for collectors.

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A few weeks ago X2Y2 unveiled a brand new feature to give customers the freedom to pay a royalty charge when purchasing a NFTs.

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Magic Eden also said that editor has the ability to restore the NFT to its initial state when debt has been settled.

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This enforcement tool of NFT royalty is launched on Sep. 12, 2022.

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