X2Y2 Responds to QQL Block

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X2Y2 implored Tyler Hobbs to "find a solution" Thursday after the Fidenza creator blocked the marketplace from transacting with Hobbs' new collection.

The marketplace tweeted about QQL — co-founded by Hobbs and @dandelion_wist — and its decision to restrict its site based on Wist's statement in Discord that X2Y2 participates in "royalty evasion." The QQL Mint Pass floor price is 19.98 ETH.

"First of all, X2Y2 is NOT a 0% royalty marketplace," X2Y2 tweeted. "Creators can set up their royalty on X2Y2. In this particular case, QQL didn’t even set up their royalty on X2Y2."

X2Y2 said that after making the change to allow users to set their own royalties, around 98 percent have chosen to list with some form of royalty.

"'Code is law,' and QQL has made its own law. When someone else can decide where you can transfer your NFT, you are not the real owners anymore. Sounds familiar? Yes, this is exactly what happens in the music industry - you don’t own the mp3s lying on your hard drive," X2Y2 tweeted.

Author Bio

TD Marquis

A veteran journalist and editor with more than a decade's worth of experience, TD helped a small community newspaper in Vermont win a New England Newspaper Association Right to Know Award in 2014. TD helped compile five years' worth of invoices to uncover a long-established practice of small-town government officials paying themselves six figures to do small jobs around town. TD discovered NFTs with Top Shot in 2021 and his first NFTs on ETH were saving two Mooncats. He is now the proud owner of Rowhome #61 and 1,300 other NFTs of questionable value. He also sent 4 ETH to a fake Mekaverse site and wants Lucky Trader readers to avoid the same fate.

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