Yuga Labs decided to leave OpenSea

Yuga Labs decided to leave OpenSea

Yuga Labs’ response to OpenSea’s shift to copyright services came after the company announced it would be leaving the platform.

nft One of the most popular platforms in the world open searesponse is increasing. The company faced backlash from several companies and users, especially Yuga Labs, for saying that it had made changes to copyright services. Epoch Labs, one of the creators of Bored Ape Yacht Club (BAYC), said it has pulled out of OpenSea.

Feedback on OpenSea is growing

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Announcing its Operator Filter in 2022, OpenSea received a positive response in the NFT and crypto industry. The platform, which facilitates in terms of royalty fees and marketplace, has announced that it will remove the operator filter service. The announcement caused confusion in the NFT industry.

Backlash against OpenSea came from several companies, notably Yuga Labs. Announcing that it dropped OpenC support for contracts and new collections, Yuga Labs brought with it Mobility in favor of BAYC. Daniel Alegre, CEO of Yuga Labs, published a post on X saying that OpenSea will be gradually phasing out its seaport-related smart contracts. Alegre about recent experiencesEra advocates copyright protection for creatorsYuga Labs’ separation from OpenSea is expected to be completed by February 2024.