OpenSea clarified that the operator filter is applicable to the new and existing NFT series with royalty enforcement on the chain

It is reported that OpenSea, the NFT trading market, made a clarification on the new policy issued earlier: operatorfilter is applicable to the new and existing NFT series with enforced royalty on the chain. For the NFT series without enforced royalty on the chain, the creator’s income will be optional, with a minimum standard of 0.5%.

Interpretation of this information:

OpenSea, the prominent NFT trading market, has recently issued a new policy that includes a feature called “operator filter.” This allows for the filtering of different NFT series for which royalties are enforced on the blockchain. The new policy applies to both new and existing NFTs. Furthermore, it was explicitly stated that creators will have the option to choose their income for NFTs without enforced royalty.

This clarification by OpenSea is significant because it gives creators more flexibility when it comes to choosing the income they receive for their NFTs without enforced royalty. While a minimum standard of 0.5% is set, creators can choose to accept a higher percentage if they desire. This could lead to an increase in the value of NFT series, as creators have more control over their earnings. Additionally, the “operator filter” feature will make it easier for consumers to find and purchase NFTs that align with their preferences.

Overall, the new policy by OpenSea demonstrates a commitment to improving the NFT ecosystem and empowering creators to make more informed decisions. The industry continues to evolve rapidly, and NFT marketplaces need to make adjustments to keep up with changing trends and consumer preferences. With these changes in place, creators can focus on producing high-quality content while earning fair compensation for their efforts.