Art Blocks Debuts NFT Marketplace With Enforced Creator Royalties

Minty News

03/30

Art Blocks, a blockchain-based generative art platform with over $1.4 billion worth of secondary market NFT sales, has launched its own secondary marketplace integrated within its website. The marketplace allows users to browse NFTs listed natively or aggregated from other platforms, honoring artists' specified creator royalty settings and providing a secure, scam-free platform while taking no platform fee. The marketplace launch coincidentally aligns with a declining trend of creator royalties in Ethereum NFT marketplaces, a trend Art Blocks has opposed. The marketplace aims to provide a hub for artists to showcase their work and provide incentives for collectors who pay royalties, with potential future opportunities to empower creators with control over their creations.

Source: Decrypt

Original Link: https://decrypt.co/124848/art-blocks-nft-marketplace-enforced-creator-royalties

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