OpenSea, a prominent player in the marketplace, has provided its users with the first of a number of tools that will enable developers of new NFT collections to impose royalties on-chain. After a lengthy argument among market participants over how best to enforce payments to artists, the business opened its doors on November 8 and stated that it intends to take a substantial, ethical approach to solve the issue. NFT sales are only permitted on marketplaces that impose creator fees, according to the code to which it is granting authors access. OpenSea to Impose On-Chain Fees The business stated on The post OpenSea Launches Tool to Assist NFT Collections Enforce Fees On-Chain appeared first on Cryptoknowmics-Crypto News and Media Platform.
