OpenSea slashed marketplace fees temporarily, and royalties were made optional. Its competitor Blur captured almost half of the total volume across all marketplaces. Popular NFT marketplace OpenSea announced that it will cut its 2.5% service fee on sales for a limited period of time and will move towards optional creator royalties, as the competition among […]
Its competitor Blur captured almost half of the total volume across all marketplaces.announced that it will cut its 2.5% service fee on sales for a limited period of time and will move towards optional creator royalties, as the competition among NFT marketplaces heats up.2) Moving to optional creator earnings for all collections without on-chain enforcement OpenSea stated that it will enforce a minimum of just 0.5% creator royalty for all collections without on-chain royalty enforcement.
In fact, the daily trading volume on Blur increased by more than four times since the launch of Blur token, data from revealed. Blur’s share of the total NFT trading volume remained above 70% since the launch, comfortably surpassing OpenSea.Blur’s gain has been OpenSea’s loss. As evident from data by Token Terminal, key indicators on OpenSea showed a decline. The daily active users on the marketplace nosedived from a monthly peak of 90.6k on 10 February to a little over 42k, at the time of writing.
This could be because it catered more to individual investors, unlike Blur which has pitched itself as the NFT marketplace for professional traders.Subscribe to get it daily in your inbox.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Popular locomotive moves out of Stellarton for new home | SaltWireA train that was until last week housed in storage at the former Department of Mines building in Stellarton is moving to a new home. Locomotive 42 was ...
Read more »
The most common health problems for popular dog breeds: What to look out forIt can be difficult for pet owners to watch their dog experience pain and to feel helpless to do anything about it. To avoid that feeling, it’s important to watch for red flags that indicate a trip to the vet or some extra care is needed to keep your dog happy and healthy.
Read more »
The most common health problems for popular dog breeds: What to look out forIt can be difficult for pet owners to watch their dog experience pain and to feel helpless to do anything about it. To avoid that feeling, it’s important to watch for red flags that indicate a trip to the vet or some extra care is needed to keep your dog happy and healthy.
Read more »
Popular Indian restaurant flagged for 10 infractions by Toronto health inspectorsOne of Toronto's most popular restaurants for Indian food was slammed with multiple infractions by health inspectors recently. Banjara near Christi...
Read more »
Popular Toronto social media account taken down by InstagramA popular Instagram account linked to witness tampering involving a high-profile Toronto police investigation has been taken down. The three indivi...
Read more »
Beloved Indian restaurant gets 10 infractions from Toronto health inspectorsBeloved Indian restaurant gets 10 infractions from Toronto health inspectors Via DenetteWilford
Read more »