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Bored Ape Creators Propose A New Creator Royalties model
After weeks of discontent within the NFT community, the Bored Ape founders have come up with a proposal to address the creator royalty problem. Remember, the explosive growth of the NFT sector over the past two years owes much to creator royalties. People need to be able to move assets from wallet to wallet. However, since marketplaces don’t use normal wallets but smart contracts, they will be checked “against an oracle of contracts that are known to respect royalties.” If it’s on the list, it will be allowed to transact; otherwise, it won’t. Source: NFTNewsToday.com #NFT
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