Magic Eden Launches Creator's Alliance to Empower NFT Creators
Magic Eden, a prominent player in the Web3 space, has initiated the Creator’s Alliance, a groundbreaking coalition comprising leading NFT projects.
This alliance aims to establish a sustainable royalty framework, bolstering creators’ empowerment and fostering growth within the NFT ecosystem.
With esteemed members such as Yuga Labs, RTFKT, Pudgy Penguins, and numerous others onboard, the Creator’s Alliance is set to make a significant impact.
We believe that creators are the lifeblood of web3. That’s why we’ve started the Creator’s Alliance – a coalition of the top NFT projects in web3, who are focused on promoting a sustainable royalty framework to empower creators and grow the NFT ecosystem.
— Magic Eden 🪄 (@MagicEden) February 7, 2024
With members like Yuga…
These projects have committed to supporting Magic Eden’s upcoming marketplace on the Ethereum network.
The primary objective of this alliance is to advocate for an industry that prioritizes creator protection and innovation.
One pivotal aspect of this initiative is the promotion of marketplaces that enable creators to set their own royalty rates.
Magic Eden and Yuga Labs, in particular, are dedicated to upholding this philosophy and welcome others to join their cause.
By launching the ME marketplace in collaboration with Yuga Labs, the Creator’s Alliance is laying the groundwork for a brighter future in the Web3 landscape, emphasizing the importance of empowering creators and fostering innovation.
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