LooksRare Becomes The Latest NFT Marketplace To Scrap The Option Of Creator Royalties By Default 

LooksRare is the latest NFT marketplace to opt for a zero-royalty mechanism  The platform will share 25% of the protocol fee with NFT creators and artists. LooksRare, the leading Ethereum-based NFT marketplace, has announced its new decision, stating the firm will no longer support creator royalties by default.

Timeline of Looksrare

While NFT marketplace LooksRare has pivoted to royalty-free trading, it has diverted some of the protocol's fees to creators. The post LooksRare becomes latest NFT marketplace to nix royalties: Exclusive appeared first on The Block.

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