News/Immutable X Guarantees NFT Royalties, Says Co-Founder

Immutable X Guarantees NFT Royalties, Says Co-Founder

Oct 17,2022,15:12

Robbie Ferguson, co-founder of Immutable X, said on Twitter that "NFT royalties on Immutable X are guaranteed," and marketplaces and creators can have protected ongoing monetization on any marketplace assets trade. He added that NFT royalties are enforced on any marketplace at a protocol-wide level, which means "marketplaces aren't forced to compete by offering optional royalties, but can have guaranteed economics."

Previously, Magic Eden announced that it started using optional royalties.

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