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NFT marketplace Magic Eden and Yuga Labs plan to launch an Ethereum platform, which will be "contractually obligated" to pay royalties on NFT sales (Andrew Hayward/Decrypt)

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Andrew Hayward / Decrypt:

NFT market Magic Eden and Yuga Labs plan to launch an Ethereum platform, which will probably be “contractually obligated” to pay royalties on NFT gross sales  —  Magic Eden’s new Ethereum NFT market will probably be “contractually obligated” to pay royalties.  What does that imply for merchants?



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