🖼️ NFT & Web3: Opensea

OpenSea’s recent royalty policy shift—triggered by pressure from high‑profile creators such as Mark Cuban and Yuga Labs—has sparked a sharp backlash among sellers and collectors. The platform’s new model, which caps secondary sale royalties at 10% for most NFTs, is expected to reduce creator revenue streams and could dampen minting activity, particularly for artists who rely on higher royalty percentages to sustain long‑term projects. Market sentiment has cooled, with OpenSea’s trading volume falling 12% week‑on‑week, while alternative marketplaces are seeing a modest uptick in activity. In a bid to counteract the dip, OpenSea has integrated Perplexity Computer’s AI to provide on‑chain market answers, aiming to enhance user experience and retain liquidity. Additionally, the return of NFTs to Solana—an ecosystem known for lower gas fees—signals a strategic pivot to diversify platform offerings and attract cost‑sensitive creators.