Magic Eden has launched the Open Creator Protocol, a new protocol that enforces creator royalties

BlockBeats, December 2nd, CoinDesk reports that Solana Eco NFT marketplace Magic Eden has announced that starting December 2nd, Magic Eden will launch a deal The agreement will impose royalties on all new collectibles that choose to use the tool. The Open Creator Protocol (OCP), an open-source tool, will give creators who publish collectibles the option of whether or not they want to protect their royalties. Royalties will remain optional on the platform for creators who do not adopt OCP for their NFT. In addition, the new agreement offers dynamic royalties, a feature that Outlines the relationship between NFT sales prices and royalty amounts based on a linear price curve, as well as customizable Token transferability that allows creators to gamify the rules of their collections' trading behavior. When launched, the platform will host a free "Magic Mint" for users to test the Open Creator Protocol and its features.