NFT

Yuga Labs Enforces Royalties on Consumers: Bans Trading on OpenSea

Abstract

  • Otherside’s Legends of the Mara NFT assortment has been prohibited from buying and selling on most well-known NFT platforms, together with OpenSea, Blur, LooksRare, and SudoSwap V1, because of Yuga Labs’ strict enforcement of royalties.
  • Solely platforms that help Royalties Enforcement, like X2Y2 and SudoSwap V2, have been really useful for Mara NFT buying and selling.

Bored Ape Yacht Membership’s Yuga Labs lately unveiled an open beta for its “Legends of the Mara (LotM)” sport. This new gaming expertise grants Otherdeed digital land NFT holders a brand new NFT and a deeper dive into the Otherside metaverse. Nevertheless, the Mara NFT assortment has been prohibited from buying and selling on most platforms.

Yuga Labs on Royalty Enforcement

The ban on buying and selling the Otherside Mara NFT collection collections stems from Yuga Labs’ strict enforcement of royalties. Solely platforms that help Royalties Enforcement, like X2Y2 and SudoSwap V2, have been really useful for Mara NFT buying and selling. OpenSea, Blur, LooksRare, and SudoSwap V1 have all been blacklisted for failing to satisfy these standards.

Supply: Etherscan

Legends of the Mara, described by the agency as a “collection-based 2D technique sport,” presents a singular gameplay expertise. The sport is about to unveil new insights into the mysterious Kodas, small bipedal creatures residing on 10% of the unique 100,000 Otherdeed land plots—however aren’t tied to them eternally.

Because the world of non-fungible tokens (NFTs) continues to evolve, points like this increase questions concerning the evolving panorama of NFT marketplaces and the significance of defending creators’ royalties.

See also  OpenSea Introduces New Standards for Redeemable NFTs

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