Magic Eden Launches NFT Royalty Protection Tool MetaShield

Magic Eden announced that it is launching MetaShield in partnership with NFT marketplace CoralCube to give creators the ability to track SOL NFTs listed with custom royalties and take the actions they see fit to protect their business. It is reported that MetaShield identifies NFTs listed/traded on marketplaces that bypass creator royalties. Creators can “shield” or take actions as they see fit like updating metadata, flagging the NFT, or blurring the image.