OpenSea has changed its model for collecting royalties and paying commissions at the same time. The marketplace team switched the platform to the model of “optional collection” of royalties with a minimum amount of 0.5%. The company also allowed creators to distribute their collections on alternative platforms.
We’re making some big changes today:
1) OpenSea fee → 0% for a limited time
2) Moving to optional creator earnings (0.5% min) for all collections without on-chain enforcement (old & new)
3) Marketplaces with the same policies will not be blocked by the operator filter— OpenSea (@opensea) February 17, 2023
OpenSea has marked its decision as a move to the position of the competing Blur platform. Pacman, blur head calling out boycott OpenSea, making it hard for NFT creators to take royalties on two marketplaces at the same time. Blur introduced a number of options, including bidding on both platforms, running auctions on Blur, and running OpenSea on Blur.
OpenSea respects the Pacman initiative with a “best choice” and has moved the platform to a new royalty collection model. Now creators can take away the minimum royalties from the expansion of 0.5% from the ability to pay for the appointments of hundreds. In addition, as a rule, as a rule, the creators were not allowed to take credit, since their collections were presented on alternative platforms, it was confiscated.
