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Gettin' Heated
OpenSea kills its main source of income, Meta tests paid verified badges, Spellbook Legal launches AI contract-improvements
Good morning! Elon allegedly laid off a bunch of engineers after setting a one-week deadline to make Twitter's ad-targeting work like Google's search ads. Rough...
Highlight of the day
OpenSea tests killing its marketplace fee and making creator royalties optional. The move is driven by competition, as rival marketplace Blur surpassed OpenSea's trading volume. Removing marketplace fees destroys OpenSea's primary revenue stream, and making royalties optional takes away secondary transaction income from creators.
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Twitter nugget
Pay to turn someone else's camera on
— gaut (@0xgaut)
2:50 PM • Feb 20, 2023
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- Amol