Magic Eden CEO : royalties-enforcing NFTs could be 'new asset class'

11/08 01:20

Speaking at Solana’s Breakpoint conference in Lisbon, Portugal, Magic Eden co-founder and CEO Jack Lu advocated for a new NFT standard that would “enforce royalties at a hard, technological level.” “There is a real opportunity to give rise to a new asset class,” Lu said, adding that Magic Eden has spoken to “dozens of creators amongst many, many industries” to canvass their opinions. “Some folks really want sovereign ownership, [while] some folks really want royalty enforcement or new business models," he continued. But Lu warned that a new standard for NFTs “will have special trade-offs,” adding that “royalty enforcing by necessity means that the creator has some level of control.”
bullishbullishbullish2bearishbearishbearish1Me gustaCompartir
Descargo de responsabilidadEl contenido anterior no representa las posiciones de HTX.HTX no ofrece ninguna recomendación de trading.

Artículos relacionados

  • Image

    X Eyes Auto-Lock For Crypto Mentions After Tortoise Death Hoax

  • Image

    Solana Market Hit by Wave Of Treasury-Driven Selling, SOL’s Pullback To Extend?

  • Image

    Solana: Can SOL target $110 as KEY metrics signal buying pressure?

Todos los comentarios0Lo más recientePopular

avatar
Lo más recientePopular

Artículos relacionados

  • Image

    X Eyes Auto-Lock For Crypto Mentions After Tortoise Death Hoax

  • Image

    Solana Market Hit by Wave Of Treasury-Driven Selling, SOL’s Pullback To Extend?

  • Image

    Solana: Can SOL target $110 as KEY metrics signal buying pressure?