.looksrare moves to optional royalties, following in the footsteps of other NFT marketplaces like the_x2y2 and magiceden. camlearnscrypto reports
on Thursday that they will no longer require collectors to pay royalties to creators when purchasing digital collectibles., said that rather than supporting royalties “by default,” they will instead distribute 25% of platform fees to creators and collection owners. Buyers can now “opt-in” to pay royalties at checkout.
LooksRare’s decision follows a trend of NFT platforms dropping requirements for artist payouts. In August, marketplace
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