- Art Blocks, an NFT platform, will continue to support creator royalties, which it views as a significant cultural aspect of patronage.
- The platform has also expanded its secondary market by allowing collectors to list the NFT directly they want to buy on the official website and aggregates listings from several other NFT markets while ensuring that creator royalties are included.
Art Blocks, an NFT platform, has announced its continued support for creator royalties despite recent changes made by other platforms. The platform has also expanded the function of its secondary market, allowing collectors to directly buy and sell NFTs on its official website, with support for several NFT markets, including OpenSea and Zora.
The chief technology officer of NFT platform Art Blocks, purplehat.eth, recently announced on social media that the platform would continue to support creator royalties, despite recent adjustments made by OpenSea and Blur.
According to purplehat.eth, Art Blocks firmly believes that creator patronage royalties are a meaningful cultural pillar of patronage. Additionally, Art Blocks has expanded the function of its secondary market by allowing collectors to directly list/off the NFT they want to buy on the platform’s official website.
The NFT markets currently supported by Art Blocks’ aggregation list include OpenSea, LooksRare, X2Y2, Sansa, Zora, Foundation, CoinbaseNFT, Rarible, Sudoswap, and Reservoir, with Blur to be included soon.
Following the thread from purplehat.eth, Art Blocks is using Reservoir0x as their aggregation layer for listings. This ensures that all aggregated listings on the platform that do not already include creator royalties will be royalty-normalized to include them properly. In this way, buyers can be assured that they always support creators when shopping on artblocks_io.
With this functionality, there is no additional marketplace fee being added on top, so the artblocks_io experience should be the lowest fee option that still fully supports both the artist and platform components of creator royalties.He said
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