Bored Apes founders propose new model for NFT creator royalties

[Google News Bot]

The founder of Bored Ape Yacht Club (BAYC) has weighed in on the ongoing non-fungible token (NFT) creator royalties debate and shared a potential path forward that they believe best deals with the issue. A Nov. 8 blog post from BAYC co-founder Wylie Aronow — co-signed by co-founders Greg Solano and Kerem Atalay — shared that they regard creator royalties as “the single most important factor that brought them [creators and artists] into the ecosystem.” The post was in response to OpenSea’s Nov. 6 announcement that it would follow other NFT marketplaces on royalty enforcemen ...

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