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Home»NFT»Yuga Labs enforces royalties on consumers: bans trading on OpenSea
NFT

Yuga Labs enforces royalties on consumers: bans trading on OpenSea

2023-09-28No Comments2 Mins Read
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  • Otherside’s Legends of the Mara NFT collection is prohibited from trading on most major NFT platforms, including OpenSea, Blur, LooksRare, and SudoSwap V1, due to Yuga Labs’ strict royalty enforcement.
  • Only platforms that support Royalties Enforcement, such as X2Y2 and SudoSwap V2, are recommended for Mara NFT trading.

Bored Ape Yacht Club’s Yuga Labs recently unveiled an open beta for the game ‘Legends of the Mara (LotM)’. This new gaming experience offers holders of Virtual Land NFTs from Otherdeed a new NFT and a deeper dive into the Otherside metaverse. However, it is prohibited to trade the Mara NFT collection on most platforms.

Yuga Labs on Royalty Enforcement

The ban on trading collections from the Otherside Mara NFT series stems from Yuga Labs’ strict enforcement of royalties. Only platforms that support Royalties Enforcement, such as X2Y2 and SudoSwap V2, are recommended for Mara NFT trading. OpenSea, Blur, LooksRare and SudoSwap V1 are all blacklisted for not meeting these criteria.

Source: Etherscan

Described by the company as a “collection-based 2D strategy game,” Legends of the Mara offers a unique gameplay experience. The game will reveal new insights into the mysterious Kodas, small bipedal creatures that live on 10% of the original 100,000 Otherdeed land plots, but are not tied to them forever.

As the world of non-fungible tokens (NFTs) continues to evolve, issues like this raise questions about the evolving landscape of NFT marketplaces and the importance of protecting creators’ royalties.

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See also  Crypto-friendly retail trading platform eToro files for US stock market IPO: report
Bans Consumers enforces Labs OpenSea Royalties Trading Yuga
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