2/ Metaplex was built to elevate creators and artists above traditional gatekeepers, but those same commercial dynamics have re-emerged within Solana NFTs and are trying to pressure us into a half-baked governance scheme to take the standard out of the community’s hands.
— Metaplex (@metaplex) December 8, 2022
2/ Currently, @metaplex owns the NFT standard the whole ecosystem is built on.
Their plan is to commercially govern the standard for their token holders. They have a god mode key that allows them to change how it works & plan to govern it for the benefit of their token holders.
— Magic Eden 🪄 (@MagicEden) December 8, 2022
Ask yourself how it feels that they can fire a missile at you that freezes your NFT in place without you doing a thing. It may be for your own good, sure, but how does it feel? As the guy who designed that missile, it makes me feel like an asshole.
— jprince.sol (@redacted_j) December 8, 2022
I am pushing for us to use social consensus to bring royalties back, now.
Then we can calmly discuss the implications of the protocol solutions being presented to us.
It's too confusing to keep track of all the different solutions from ME, Cardinal, Metaplex, HyperSpace, etc.
— Frank (@frankdegods) December 8, 2022