Rarible, an incorruptible NFT marketplace, has taken a strong stance on creator royalties and has made significant changes to its platform in response to recent developments in the industry. In an effort to support and protect artists and creators, Rarible has pledged to remove OpenSea, X2Y2, and LooksRare from its aggregation service.
In a bold display of solidarity with its users and creators, Rarible has changed its Twitter logo to a ‘%’ symbol, symbolizing its commitment to creator royalties. In a statement, the platform has emphasized that its position on supporting and upholding creator royalties will never waver.
Through a series of messages shared on its social media accounts and website, Rarible has emphasized its dedication to providing an environment where artists and creators are consistently rewarded for their contributions. The platform aims to ensure that true ownership is honored and that creativity is valued and compensated.
This commitment to creator royalties has led Rarible to take action against other platforms that neglect to prioritize royalty payments. Rarible has announced that it will remove NFT marketplaces that bypass royalties from its aggregation service, effective from September 30. This means that popular platforms like OpenSea, X2Y2, and LooksRare will no longer be featured on Rarible’s platform if they fail to fulfill their royalty obligations.
In addition to taking a strong stance against platforms that neglect royalty payments, Rarible has also provided guidance for creators on how they can protect their secondary sales renumeration. The platform enables creators to set up their royalty requirements through Rarible’s various NFT marketplaces and services. This empowers creators to have more control over their artwork and ensures that they continue to receive compensation for any subsequent sales.
As the debate surrounding royalties in the NFT industry continues to intensify, Rarible has emerged as a leading advocate for creator rights and fair compensation. The platform’s actions demonstrate its dedication to creating a sustainable and equitable marketplace for artists and creators to thrive.
For those interested in staying updated on the latest developments in the NFT space, Rarible encourages them to connect with NFT Plazas. NFT Plazas offers a Weekly Newsletter and can be followed on Twitter, Facebook, and Instagram for a comprehensive understanding of the industry.
It is important to note that all investment and financial opinions expressed by NFT Plazas are based on personal research and experience of their site moderators. These opinions are intended as educational material only, and individuals should conduct their own research before making any investment decisions.
In conclusion, Rarible’s unwavering commitment to creator royalties sets it apart from its competitors. By removing platforms that neglect royalty payments and empowering creators to protect their secondary sales renumeration, Rarible actively promotes a fair and transparent ecosystem for artists and creators. As the NFT industry continues to evolve, Rarible stands as a champion for creators’ rights and rewards their creativity appropriately.
