NFT Marketplace Metaplex Lays Off Part of Its Employees

NFT protocol development studio Metaplex has laid off an unnamed number of employees due to a deteriorating market environment.

Bored Ape Yacht Club Founders Propose a Royalty Collection Model for NFT Creators

The creators of the NFT collection Bored Ape Yacht Club (BAYC) have presented a solution for collecting royalties from secondary sales of assets.

OpenSea Unveils Tool to Collect Royalties from NFT Collections

OpenSea has introduced a royalty collection tool that will now be applied to new collections of NFTs.