OpenSea to Transfer Ownership of Operator Filter Registry to a Multi-Sig Controlled by CORI

OpenSea tweets that it will transfer ownership of the Operator Filter Registry, an on-chain creator royalty enforcement tool, to a multi-signature controlled by the Creators Ownership Institute (CORI) by January 2, 2023.

CORI was created by ZORA, OpenSea, Manifold, Foundation, SuperRare and Nifty Gateway to provide funding and create improvement mechanisms for creator-owned tools and to manage these tools transparently.

Currently, Operator Filter is very much a V1, and V2 will first decentralize management and governance of the registry - by granting control of it to CORI. CORI's mission is to provide open and transparent governance of the existing Operator Filter Registry and its associated rules. In the future, it will also focus on improving mechanisms for creator fee enforcement.

In addition, OpenSea has extended the deadline for when new collections will be required to comply with the creator fee enforcement standard to January 2nd, 2023 across all EVM chains.

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