In response to Blur question, Greg Solano, Yuga Labs/BAYC co-founder, criticizes marketplaces in “a race to the bottom … with less and less of them honoring creator royalties”

"We find it problematic that there's a race … between different [NFT] marketplaces … with less and less of them honoring creative royalties," @yugalabs co-founder @CryptoGarga says.

Watch more: https://t.co/rLIGM1O6T5 pic.twitter.com/wUsyLdq66e

— CoinDesk (@CoinDesk) March 7, 2023

• On the same day we analyzed the erosion of creator royalties on marketplaces not fully respecting them, Yuga Labs/Bored Ape Yacht Club co-founder Greg Solano came out strongly in favor of marketplaces respecting creators and royalties.

“WE FIND IT PROBLEMATIC THAT THERE’S A RACE TO THE BOTTOM between different marketplaces … with less and less of them honoring creator royalties.”

Greg Solano, Yuga Labs co-founder, to CoinDesk

• The interview with CoinDesk can be found here.