NFT marketplace Rarible has seen trading volumes soar following a statement that it would be supporting creator royalties by cutting off orders from rivals such as OpenSea which don’t enforce royalties.
a 15% trading volume drop over 24 hours — and LooksRare and X2Y2 with respective 24-hour volume increases of 5.8% and 14%.
Rarible’s volume rise follows co-founder Alex Salnikov stating on Aug. 22 that it “will no longer support marketplaces that neglect royalties” and by Sep. 30 it won’t aggregate orders from OpenSea, LooksRare or X2Y2.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Rarible to cease aggregating orders from OpenSea, LooksRare and X2Y2 amid royalty debateNFT aggregator Rarible will discontinue aggregating orders from NFT marketplaces OpenSea, LooksRare and X2Y2 by Sept. 30.
Read more »
Ex-OpenSea Employee Sentenced to Three Months in First NFT Insider-Trading CaseNathaniel Chastain was convicted of trading on nonfungible tokens that were to be featured on a marketplace.
Read more »
Ex-OpenSea employee receives prison sentence for NFT insider tradingA former OpenSea employee has been sentenced to three months in prison over an NFT insider trading scheme.
Read more »
Gala’s NFT mystery boxes: Where gaming fun meets blockchain innovationFirst-gen blockchain games prioritized crypto-earning over gameplay, leading to an unsustainable growth model. Now, a Web3 gaming platform is about to change that
Read more »
OpenSea Product Manager Sentenced to Three Months in PrisonNo more insider trading in NFT industry?
Read more »
Artfi NFT Innovator Welcomes Francis Gurry as New AdvisorFormer WIPO director takes advisory role in NFT marketplace; it will curate platform's efforts to make art markets more transparent and democratic
Read more »