Mark Cuban and Bored Ape Yacht Club creator Yuga Labs were among the major players speaking out Friday against NFT trading platform OpenSea, over the company’s Thursday announcement that it intends to sunset enforcement of creator royalties. 

“Not collecting and paying royalties on NFT sales is a HUGE mistake by OpenSea,” Cuban, the billionaire tech entrepreneur, wrote on Twitter Friday. “It diminished trust in the platform and hurts the industry.”

Cuban’s words generally carry some weight in the NFT space, given the Dallas Mavericks’ owner’s public profile and longstanding involvement in the crypto industry.

But they likely stung even more given the fact that Cuban is himself an OpenSea investor, who participated in the company’s $23 million
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Author: Sander Lutz

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