thoughts on the OpenSea royalty enforcement approach? all opinions welcome.

Building /bright-moments - minting onchain art IRL | /purple #15 | FID 129 #magikarp

it's extremely toxic and anticompetitive

The default is 0% fees. OpenSea literally does not give you any fees *unless* you implement their filter registry *and* block their competitors

They could've let artists decide, could've enforced fees in contract, but now artists r forced to block OS competitors to get any fee

i sell tickets offchain. sometimes still build onchain. prev. basement.

BD at Circle - building a Dollar API for the internet 💵

Former founder and operator at Snap
  
sterling_twit.twitter

T.me/sterlingba 

I should note they changed this policy yesterday: https://twitter.com/opensea/status/1600913314258636800?s=46&t=XJRUWjHczITk9_PRO1EMAA

Still not sure how i feel about a blocklist of competitors, but at least it’s not screwing artists over now