The NFT trading platform Blur will implement minimum royalties for immutable NFT collections and has completed an airdrop snapshot for NFT creators

2022-12-30 08:10:54
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ChainCatcher news, the NFT trading platform Blur announced that it will implement a minimum royalty on immutable NFT collections starting from January 3rd, 4:00 AM Beijing time. Additionally, Blur will airdrop BLUR tokens to creators of NFT collections traded on Blur, with the snapshot already completed.

It is reported that Blur will initially implement a minimum royalty of 0.5% on immutable NFT collections, which will gradually increase over time (starting at 0.5%, then 1%, 1.5%, 2%, etc.). Blur stated that most of the BLUR tokens will be allocated to the community, including traders, collectors, and creators. Blur will continue to charge 0% market fees. (source link)

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