TechFlow News — OpenSea announced it will transition to optional creator fees starting Thursday, August 31, 2023, better reflecting the principles of choice and ownership that drive this decentralized ecosystem.
This means four key changes:
1. The OpenSea operator filter will be removed on August 31. This means that, from that date forward, the operator filter will no longer block any marketplace.
2. For collections that had the OpenSea operator filter enabled prior to August 31, as well as all existing collections on non-Ethereum blockchains, OpenSea will enforce creator's preferred fees on all secondary sales between August 31, 2023, and February 29, 2024.
3. Starting August 31, we will make it easier for buyers to identify secondary listings that include the creator's preferred fee.
4. Starting August 31, we will make it easier for sellers to choose either the creator's preferred fee or a custom creator fee option.
