Yuga Labs will gradually cease support for all upgradeable contracts and new collections on OpenSea SeaPort
ChainCactehr news, Yuga Labs announced that, in light of OpenSea's announcement yesterday regarding the mandatory royalty opt-out plan, it will implement optional creator royalties on all NFT secondary sales after February 2024. In response, Yuga Labs will gradually cease support for all upgradeable contracts and new collections on OpenSea SeaPort, aiming to complete this by February 2024 in conjunction with OpenSea.Yuga Labs stated: "Creator royalties should be protected so that creators can receive proper compensation for their work."