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OpenSea Again Changes Course on NFT Royalties After More Creator Pushback

In a tweet thread today, OpenSea revealed a number of tweaks to its own approach to NFT royalties, including the formation of the Creator Ownership Research Institute (CORI), a group that will oversee curation of the list of Ethereum marketplaces blocked by what's known as the "Operator Filter" tool as well as policies related to its development.

2/ The revolutionary potential of creator fees has been under attack for months. Marketplaces that do not respect creator fees have been rapidly growing in prominence, and creators, in turn, have seen their effective creator fees severely diminished.

— OpenSea (@opensea) December 8, 2022

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