09/01/2023
Today, OpenSea stopped enforcing creator royalties for all new listings.
This change marks a watershed moment in the Web3 space, forcing platforms to choose sides between creators and NFT speculators.
We emphatically and unambiguously stand with creators and have always done so.
Read more about it in our most recent article:
https://www.enshrine.io/blog/opensea-turns-their-back-on-creators-with-their-new-royalty-policy
Opensea updated one of their most important policies to make creator royalty collection optional starting on September 1, 2023. This update is harmful to the creators that drive the NFT space and the repercussions of which we'll feel for years to come. We explore these harms and argue why Web3 platf...