In a blog post published today, NFT marketplace Blur encourages users to block its leading competitor OpenSea.
“Creators can’t earn royalties on Blur and OpenSea at the same time. Instead, they can only earn full royalties on OpenSea, or Blur, but not both together.” Blur stated in post.
In last October, Blur was introduced with a royalty-optional approach that was already established by rivals such as X2Y2. By November, the platform had extended royalties to include permission NFTs, and a month later it introduced a minimum royalty fee of 0.5%.
Blur offered three options for creators to choose between Blur and OpenSea. And it encourages creators to adopt Option 3, which is to block OpenSea. To encourage this, Blur enforces full royalties on collections that block trading on OpenSea.
"Our preference is that creators should be able to earn royalties on all marketplaces that they whitelist, rather than being forced to choose. " Blur added.
Here’s a quick look at the choices:
Blur blamed OpenSea’s current royalty policy for limiting creators to earn royalties on only one platform at a time.
"Today, OpenSea automatically sets royalties to optional when they detect trading on Blur. We would like to welcome OpenSea to stop this policy, so that new collections can earn royalties everywhere." Blur said in the blog post.
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