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OpenSea to deactivate its royalty enforcement system

OpenSea deactivates its royalty tool, aiming for transparency and creator empowerment amidst NFT market shifts. Devin Finzer, the founder of the OpenSea NFT marketplace, has announced that it will be deactivating its royalty enforcement tool.  Starting Aug. 31, OpenSea will no longer maintain the Operator Filter tool. This change will remove any limitations on marketplaces going forward.  To improve transparency, OpenSea is streamlining the process for individuals to determine whether a sale includes the creator’s fee. However, creators who have already implemented the Operator Filter or are utilizing specific digital collections will continue to have their desired fees apply to sales until Feb. 29, 2024. As stated by Finzer in an announcement on Aug. 17, the upcoming changes to the platform aim to empower creators and enhance autonomy within the decentralized web3 ecosystem.  You might also like: Blur dominates, flips OpenSea despite falling NFT trading volume...

NFT aggregator Blur eyes 30% price pump by March amid airdrop euphoria

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BLUR price is also forming a Doji candlestick pattern on its four-hour chart, hinting at a bullish reversal ahead. Blur (BLUR) could rise by up to 30% by March 2023 owing to a mix of technical and fundamental factors. Blur airdrop hype Blur is a nonfungible token (NFT) aggregator that indexes digital art listings across various base marketplaces like LooksRare and OpenSea. In doing so, the aggregator allows users to trade across all NFTs marketplaces via a single interface. Since its launch in October 2022, Blur has become the leading NFT aggregator , accounting for 40%-60% of the daily NFT trading volume, according to data tracked by Messari. Blur versus other NFT marketplaces' volumes. Source: Messari The period has also witnessed the Blur team "airdropping" free BLUR tokens to users who have traded Ethereum-based NFTs in the past six months. On Feb. 15, Blur officially launched its native token of the same name, allowing airdrop recipients to trade it for fiat money a...