The platform will disable the OpenSea Operator Filter, which enforces royalties, on Aug. 31 in favor of a optional creator fee model.
The platform will disable the OpenSea Operator Filter, which enforced royalties, on Aug. 31.Connect/Create WalletNo wallet? No problem. You can set one up for free. We recommend Torus for first-time users.NFT marketplace OpenSea is changing its creator fee structure.
The platform has opted to make creator fees optional for new collections after Aug. 31. It will also disable the OpenSea Operator Filter, a tool that enforced creator royalties, according to aCollections that used the filter up to that date will have their creator fee royalties enforced on OpenSea through Feb. 29, after which the fees will become optional.
"To be clear, creator fees aren’t going away – simply the ineffective, unilateral enforcement of them," OpenSea wrote. "In November 2022, we launched the Operator Filter: a tool designed to give creators more control by restricting the sale of their collections to web3 marketplaces that enforce creator fees in secondary sales. It was meant to empower creators with greater control over their web3 business models, but it required the buy-in of everyone in the web3 ecosystem, and unfortunately that has not happened.
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