WEB3
by Miracle Nwokwu
September 28, 2023
Yuga Labs has blacklisted the most popular NFT platforms from trading its new NFT collection, for one specific reason...
Summary
Bored Ape Yacht Club's Yuga Labs recently unveiled an open beta for its “Legends of the Mara (LotM)” game. This new gaming experience grants Otherdeed virtual land NFT holders a new NFT and a deeper dive into the Otherside metaverse. However, the Mara NFT collection has been prohibited from trading on most platforms.
The ban on trading the Otherside Mara NFT series collections stems from Yuga Labs' strict enforcement of royalties. Only platforms that support Royalties Enforcement, like X2Y2 and SudoSwap V2, have been recommended for Mara NFT trading. OpenSea, Blur, LooksRare, and SudoSwap V1 have all been blacklisted for failing to meet these criteria.
Legends of the Mara, described by the firm as a "collection-based 2D strategy game," offers a unique gameplay experience. The game is set to unveil new insights into the mysterious Kodas, small bipedal creatures residing on 10% of the original 100,000 Otherdeed land plots—but are not tied to them forever.
As the world of non-fungible tokens (NFTs) continues to evolve, issues like this raise questions about the evolving landscape of NFT marketplaces and the importance of protecting creators' royalties.
Author
Miracle Nwokwu
Miracle is a seasoned DeFi writer with over 6 years of experience in the industry. With a keen understanding of market trends, price movements, and trading patterns, Miracle has a passion for unraveling the complexities of the blockchain world. Miracle holds bags in BNB, MATIC, and other valuable cryptocurrencies.
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