MagicEden launches NFT Creator Alliance with Yuga Labs, Fuzzy Penguin and other partners
NFT marketplace MagicEden announced on its official X (formerly Twitter) account that it has launched the Creator Alliance, a coalition of NFT projects to empower NFT creators and grow the ecosystem. "We believe that creators are the lifeblood of the Web 3.0 ecosystem," the company said. The alliance includes a number of partners including Yuga Labs, RTFKT (Nike NFT Project), Fuzzy Penguin, Azuki, AnimocaBrand, CyberKongz, and many others. The Alliance will work together to effectively protect creators, foster innovation, and build a better industry. Specifically, we will create a sustainable ecosystem by building a marketplace where creators can receive royalties at a rate they determine.