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OpenSea Makes Changes to Fees Following Tension With Blur

OpenSea, the largest NFT marketplace, tweeted on Friday that it had started “started to see meaningful volume and users move to NFT marketplaces that don’t fully enforce creator earnings.” 

OpenSea said it was dropping its fee to 0% for a period of time while also moving to a 0.5% “creator earnings model, with the option for sellers to pay more.” 

The marketplace is also allowing sales using competitors with the same policies, so creators won’t have to make the choice between receiving earnings on OpenSea or Blur, it tweeted.  

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