A new NFT marketplace is taking optional royalties straight to the bin, bucking a recent trend taken on by the likes of X2Y2, Magic Eden, and LooksRare.
On Aug. 27, Ethereum-based NFT marketplace X2Y2 announced it would be introducing an option that allows buyers to set the royalty fee when buying an NFT.
Less than two weeks later on Oct. 27, NFT marketplace LooksRare became the latest to succumb to pressure from buyers, announcing it was doing away with enforcing creator royalties, allowing buyers to choose to pay royalties on an opt-in basis.Credit card giant Visa has become the latest major company set to cash in on FIFA World Cup-related nonfungible tokens — unveiling a charity auction for five NFTs ahead of the upcoming tournament in Qatar.
In a report released on Aug. 23, 2021, Visa said that “NFTs appeal to collectors, fans, teams, leagues, and talent.” The Crypto.com Visa card will allow the exchange’s users in Singapore to use it for everyday purchases and earn rewards in CRO coins.
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