TechFlow reports that the NFT project y00ts announced on X that starting tomorrow, it will begin enforcing royalty policies in collaboration with Magic Eden.
100% of royalties will be used for two purposes: buying back y00ts and providing X badges to y00ts creators. Once the Magic Eden ETH marketplace launches, y00ts will no longer be tradable on marketplaces that do not enforce royalties.
Previous report, Yuga Labs stated on X that the new Magic Eden Ethereum marketplace, jointly launched by Yuga Labs and Magic Eden, will go live tomorrow. Additionally, from tomorrow onward, Yuga Labs will cease partnerships with any NFT marketplaces that do not support all creator royalties. Yuga Labs collections featuring the royalty filter will only be available for trading on platforms that respect all creator royalties at the protocol level.
