Immutable X Guarantees NFT Royalties, Says Co-Founder

As the recent community buzz over royalty issues was sparked by the NFT marketplace platform; Immutable X, the layer-2 blockchain that solves the issue of scalability for NFTs on Ethereum, confirms the royalty fee is still guaranteed.

Robbie Ferguson, the co-founder of Immutable X, said on Twitter that NFT royalties on Immutable X are guaranteed, and marketplaces and creators can have protected ongoing monetization on any marketplace assets trade.

He added that NFT royalties are enforced on any marketplace at a protocol-wide level, which means marketplaces aren’t forced to compete by offering optional royalties but can have guaranteed economics.

And it seems the co-founder is mocking some platform that has cut royalties recently.

Previously, Magic Eden announced that it started using optional royalties.

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