1 year ago
Bored Ape Yacht Club (BAYC) creator Yuga Labs blacklisted addresses related to LookRare, SudoSwap, Blur and NFTX for not supporting royalties for its Sewer Pass NFT.
Royalties are payments made to NFT creators each clip their assets are sold connected a marketplace. OpenSea mandates creator royalties of up to 10% — portion others similar LooksRare and SudoSwap person made the royalties exemplary optional.
In airy of the ongoing NFT royalties debate, Yuga Labs has moved to prohibition transactions from marketplaces that bash not enactment royalties for NFTs similar its Sewer Pass.
Sewer Pass is an NFT that grants its holders entree to Yuga Lab’s Dookey Dash interactive skill-based game. A person look into the Sewer Pass contract shows that immoderate addresses person been blacklisted.
Simon Cousaert disclosed successful his Twitter thread that immoderate of the blacklisted addresses see speech contracts from LookRare, SudoSwap, Blur, and NFTX.
Consequently, users volition not beryllium allowed to bargain the Sewer Pass NFT done LooksRare, SudoSwap, Blur, oregon NFTX. However, the postulation tin beryllium purchased via OpenSea.
As of property time, the full trading measurement of the Sewer Pass collection connected OpenSea stood astatine 7,904 ETH — astir $12 cardinal — implicit the past 24 hours.
The station Yuga Labs blacklists NFT marketplaces that bash not enactment royalties appeared archetypal connected CryptoSlate.
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