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Yuga Labs to Support Only Royalty-Respecting NFT Platforms

source-logo  coingape.com 27 February 2024 06:30, UTC

Yuga Labs, the creator of the beloved Bored Ape Yacht Club and Mutant Ape Yacht Club NFT collections, has announced a significant change in partnership preferences with NFT marketplaces. The company has adopted an open stance, partnering solely with platforms that respect the creator’s right to payment of royalties. This action highlights the increasing worry concerning artists’ rights with the explosion of the NFT sector.