Jack Lu, co-founder and CEO of Magic Eden, proposed a new NFT standard that would technically enforce royalties. Jack Lu believes that the implementation of this standard is expected to create a new asset class that provides support for those who want royalties or new business models. Magic Eden has currently communicated with dozens of creators in the industry to solicit their opinions. However, Jack Lu reminded that the new NFT standard will give users some special trade-offs, adding that mandatory royalties mean that creators can only have a certain degree of control and ownership, but not all, because mandatory royalties NFT will be different from the NFT we understand today. (