Blur Website Closure Revives Debate Over NFT Royalties and Rewards
Blur’s planned website shutdown has renewed criticism of the royalty rules and token incentives that helped it surpass OpenSea during the NFT boom.
Blur plans to close its website, prompting renewed scrutiny of the policies behind its rise in the NFT market.
The platform overtook OpenSea during the NFT boom with help from its approach to creator royalties and token-based rewards. Those mechanisms contributed to its growth but also hurt creators.
The positive reaction from some NFT collectors reflects criticism of that model. The closure has brought those grievances back into focus, particularly the impact of marketplace incentives on creators.
Source: Cointelegraph
