Magic Eden defends launch of NFT royalty enforcement tool

Magic Eden defends launch of NFT royalty enforcement tool

MetaShield works by enabling creators to flag an NFT or blur the image if the listed or traded NFT bypasses creator royalties. Solana-based nonfungible token (NFT) marketplace Magic Eden has fended off some community backlash following the launch of MetaShield, its new enforcement tool aimed at deterring NFT buyers who bypass creator royalties. MetaShield, which was reportedly launched in partnership with NFT marketplace and aggregator Coral Cube saw mixed reactions from the NFT community following its launch on Sep. 12, who were split on whether NFT marketplaces should protect creator....


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Nifty News: Royalty-enforcing NFTs a 'new asset class,' South Korea buys NFTs...

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