Blur Will Honor Royalties

Blur will honor royalties that use OpenSea's or Blur's royalty enforcement tools, the marketplace tweeted Monday.

Blur gave instructions on how to add its marketplace to the OpenSea filter list and how to add OpenSea and Blur through its own tool. It also promised more $BLUR airdrops if users list with royalties on its site through the end of November.

Blur will enforce royalties on permissioned NFTs. We will continue to incentivize royalties on all NFTs while taking 0% marketplace fees ourselves.
— Blur (@blur_io) November 14, 2022

Blur was also critical of OpenSea's handling of royalties saying the market-leading marketplace's decision to "turn off royalties on new collections that don't block optional royalty marketplaces" shifts NFTs from "open, decentralized assets" to "permissioned assets ruled by OpenSea."

"This introduces significant centralization and regulatory risk to NFTs," Blur said. "The entire industry saw the importance of decentralization in the wake of last week’s events. If you are a collection creator, we recommend using your own blacklist that you fully control yourself."

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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