November 23, 2024

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OpenSea implements 0% fees to win over NFT userbase lost to Blur

1 min read
OpenSea implements 0% fees to win over NFT userbase lost to Blur

Major

YouTube’s appointment of new CEO Neal Mohan was perceived as a win for the crypto community considering Mohan’s inclination to use NFTs and Web3 as revenue streams for creators.

As Cointelegraph reported, Mohan — while serving as YouTube’s chief product officer — outlined tentative plans in February 2022 to integrate features such as Metaverse-based content experiences and content tokenization via NFTs.