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The post Rarible Sees a Surge in Trading Volume After Supporting NFT Creator Royalties! appeared first on Coinpedia Fintech News
Rarible, the non fungible token (NFT) marketplace, has recorded a surge in trading volume following its public support for maintaining NFT creator royalties. This comes as competitors, such as OpenSea, have decided to rethink their support for royalties, prompting other NFT projects to also reconsider their support for OpenSea. According to DappRadar, Rarible’s 24-hour fiat trading volume had increased by almost 585%, reaching over $45,000 on August 23. NFTs have become a popular market for creators as they allow ownership of unique digital assets, such as artwork and music.