yesterday, #nftfi marketplace #blur finally allowed users to redeem care packages for $BLUR, the platform’s native token. The event was highly anticipated and resulted in a significant market surge over the last month. Ultimately, the royalties-optional marketplace secured over $430 million in trading volume in the last 30 days. And yesterday, the money continued to flow.
The event saw several top traders rake in more than $1 million worth of tokens. According to data from DappRadar, Blur’s 24-hour trading volume was around $9.5 million, making it second only to OpenSea, whose trading volume was approximately $12 million.
Now, it seems that Blur is going toe-to-toe with #OpenSea in a new chapter of the Web3 royalty wars.
the Blur team told users that they should block #OpenSea’s NFT marketplace. Why? Because creators currently can’t earn full royalties on both Blur and OpenSea. Instead, they need to choose one to earn full royalties on — OpenSea or Blur, but not both.
This happens because OpenSea automatically sets royalties to optional when they detect trading on Blur. According to OpenSea, they have this policy to protect both creators and their own bottom line.
