Royalty-Enforcing NFTs Could Be A ‘New Asset Class’: Magic Eden CEO, Jack Lu

The largest NFT marketplace on Solana, Magic Eden, is grappling with the issue of creator royalties for NFTs. Recently, Magic Eden lost nearly 40% of Solana’s market share to optional-royalty NFT platforms. Magic Eden co-founder and CEO, Jack Lu, proposed a new NFT standard that would “enforce royalties at a hard, technological level” at Solana’s The post Royalty-Enforcing NFTs Could Be A ‘New Asset Class’: Magic Eden CEO, Jack Lu appeared first on CoinGape.