Immutable Launches NFT Licensing Enforcement Tool on Ethereum

Immutable is launching a product on Ethereum that will help enforce creator royalty payments. Creators have to decide how strictly they want to enforce royalties.

NFT creators will be able to use these tools to control smart contracts, which can transfer or receive NFTs from their collections. to ensure Users will only be able to trade through contracts that respect royalties.

This solution is already implemented on the ImmutableX platform. The company’s Ethereum-scaling Layer 2 NFT

Immutable co-founder Robbie Ferguson has come out.NFT licensing support Although the main market is set to be an option. Buyers can opt out of paying NFT licenses in almost all major markets.

In October, Ferguson said NFT royalties on Immutable were guaranteed. and it is enforced at a level across protocols in any trading market.

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