OpenSea, a blockchain-based marketplace for digital collectibles, announced today that creator fees have generated over $1 billion in royalties for creators in 2022.
Pointing to other considerations including the platform’s catered audience, business model, and longevity.
Simplifying the process to buying, selling, and trading NFTs under one interface.
But is another marketplace really needed or is it just hype?
Sparking another heated debate surrounding NFT creator royalties.