Magic Eden Shifts to Optional Creator Royalties for EVM Chains; Yuga Labs Responds

Magic Eden has announced a shift to optional creator royalties for its EVM chains, a move influenced by feedback from the community.
This change allows creators to enforce royalties using code-based options like 721C. The decision comes ahead of Magic Eden's pending token launch. In response to this shift, Yuga Labs has pulled the exclusivity for their Koda and Otherdeeds (Expanded) collections, citing low trading volumes of 18 ETH in the past week.
This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.
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