Magic Eden defends launch of NFT royalty enforcement tool

Magic Eden defends launch of NFT royalty enforcement tool


Solana-based nonfungible token (NFT) marketplace Magic Eden has fended off some community backlash following the launch of MetaShield, its new enforcement tool aimed at deterring 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 on Sep. 12, 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.

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In an eight-part Twitter post on Sept. 14, Magic Eden defended its new tool, noting that some of the “hardest working creators

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