{"id":21414,"date":"2023-08-22T00:45:16","date_gmt":"2023-08-22T00:45:16","guid":{"rendered":"https:\/\/nftandcrypto-news.com\/nft\/yuga-labs-to-block-nft-trades-on-opensea-over-creator-royalties\/"},"modified":"2023-08-22T00:45:17","modified_gmt":"2023-08-22T00:45:17","slug":"yuga-labs-to-block-nft-trades-on-opensea-over-creator-royalties","status":"publish","type":"post","link":"https:\/\/nftandcrypto-news.com\/nft\/yuga-labs-to-block-nft-trades-on-opensea-over-creator-royalties\/","title":{"rendered":"Yuga Labs to Block NFT Trades on OpenSea Over Creator Royalties"},"content":{"rendered":"
Yuga Labs and CryptoPunks are the two latest NFT brands to stand up and speak out against OpenSea\u2019s extremely controversial decision last week to (once again) do away with enforcing \u201cmandatory\u201d creator royalty fees \u2013 by blocking all support for any new NFT collections on OpenSea\u2019s SeaPort by February 2024.\u00a0<\/p>\n
Yuga Labs, the parent company of both BAYC and CryptoPunks announced via \u201cX\u201d (formerly Twitter) that it was committed to helping \u201cfoster an ecosystem where\u2026creators are rewarded for their work.\u201d<\/p>\n