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Magic Eden defends its NFT royalty enforcement tool

Magic Eden has been defending community backlash following the launch of MetaShield, its new enforcement tool aimed at preventing NFT buyers who bypass creator royalties. 

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Magic Eden has been defending community backlash following the launch of MetaShield, its new enforcement tool aimed at preventing NFT buyers who bypass creator royalties. 

MetaShield, which was reportedly launched in partnership with NFT marketplace and aggregator Coral Cube saw mixed reactions from the NFT community following its launch, who were split on whether NFT marketplaces should protect creator rights or cut royalty fees to make NFTs cheaper for collectors. 

The NFT royalty enforcement tool is designed to allow NFT creators to flag and blur NFTs that may have been sold that managed to bypass creator royalties.

The new tool came only a few weeks after NFT marketplace X2Y2 introduced a new feature that affords buyers with the discretion to decide whether they pay a royalty fee and, if so, how much when buying an NFT.

Magic Eden cleared the air in its most recent thread, noting that it launched MetaShield in order to protect creators, rather than punish buyers.  The NFT marketplace also confirmed that they will not be taking control of NFTs and that the royalty enforcement tool will not serve to punish buyers.

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