Royalty Fee of 5% on Meebits NFTs Announced by Yuga Labs
The floor price for the Meebits collection increased from 4.33 ETH to 5.01. Yuga didn’t explain how the money would be used. Yuga Labs has instituted a royalty on Meebits NFT sales as part of its business model. There will be a 5% royalty charge applied to all Meebits sales