Yuga Labs Ends Support for Royalty-Free Marketplaces, Partners with Magic Eden for Trading Incentives
February 27th, 2024
Yuga Labs announced today that it will stop supporting marketplaces that do not honor creator royalties. This change comes just before the launch of Magic Eden's Ethereum marketplace. As a result, only selected marketplaces that comply with this policy, led by Magic Eden, can host trades of Yuga Labs collections with royalty filters.
Additionally, this partnership rewards transactions of Yuga Labs collections on Magic Eden with a 50% diamond bonus.