Yuga Labs Introduces Protection Mechanism for NFT Royalties Ahead of Magic Eden's Ethereum Marketplace Debut
Monday, 26 February 2024, 19:45
Yuga Labs Introduces New Protection Mechanism
Yuga Labs has taken a significant step towards safeguarding NFT royalties ahead of Magic Eden's Ethereum marketplace launch. The decision is aimed at improving transparency and protecting creators in the burgeoning NFT space.
Enhanced Security Measures
- The introduction of a protective feature to secure NFT royalties
- Proactive approach to address copyright infringement concerns
This move is essential to ensure fair compensation for artists and establish trust within the NFT community.
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