OpenSea Shifts on Creator Royalties
Vaulted by PROOF
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Is There a Monopoly in Product Building?
Zen: I see kind of both a very good and a bad here, right? One thing about this space is it's just impossible to break through monopolies. OpenSea had that monopoly for so long. When you have a monopoly, just that pressure to do better isn't there. You've got an even race, which is almost impossible without this kind of undercutting they did. It does also show that at the end of the day, when you cut margins, eventually everybody loses.
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