[drtz]

There has been a move toward centralization in the NFT space with Opensea and Magiceden marketplaces completely dominating the space, largely to the detriment of projects and / or users. One recent example: project royalties are now optional, so projects relying on these royalties from sales have had the rug pulled out from under them.

I expect we'll start to see some backlash where major new NFT projects build more safeguards into their contracts to try and reel back in some of the control the marketplaces have gained.

[AlexandrB]

The way NFT royalties were marketed was always highly misleading IMHO. A lot of the news articles made it sound like royalties were a property of NFTs themselves via some kind of smart contract. But it is in fact a feature of some NFT exchanges and you always had the option of trading the NFT via other means if you wanted to avoid the royalty payment. So royalties were always optional. The marketing just made it sound like they were not[1].

Given this, it must be asked how NFTs are in any way different from the traditional art markets for the artists themselves.

[1] https://techcrunch.com/2022/11/02/whats-going-on-with-nft-ro...