Immutable X rolls out a tool for enforcing NFT royalties on Ethereum
Immutable X is launching an Ethereum product that it claims will help enforce the payment of creator royalties. According to the release, it will function as a community-governed whitelist and blacklist for smart contracts that honor royalty fees. These lists will allow NFT creators to control the smart contracts that can transfer or receive NFTs from their collection, ensuring that users can only trade through royalty-respecting contracts. ImmutableX, the company’s Ethereum-scaling Layer 2 NFT platform, is already using the solution. IMX token holders will have control over the lists. Even as major marketplaces began to make NFT royalties optional, Immutable