Blurring and OpenSea Royalty Challenges | NFT CULTURE | Web3 Culture NFTs and Crypto Art

Blur has recently emerged as a contender in the NFT market scene, offering a platform that has become popular with creators and collectors. This new marketplace has been making waves due to its innovative features and community-driven approach. One of the reasons for its success is the fact that Blur has been able to address a key concern that many creators have – earning full royalties across multiple platforms. Unlike Opensea, Blur allows creators to earn full royalties everywhere, and they’ve even sent a new token to welcome creators into their community. In this article, we will take a closer look at how Blur is shaking up the NFT market industry and provides an exciting alternative to Opensea.

Blur is working to maximize royalties for these collections by increasing minimum royalties while maintaining price competitiveness. Maintaining price competitiveness is essential to prevent traders from moving to fully zero royalty marketplaces. To that end, Blur has begun enforcing a minimum royalty of 0.5% on collections without filters. The aim is to increase the minimum royalty over time.

Are you a creator looking to earn full royalties on both OpenSea and Blur? Unfortunately, OpenSea’s current royalty policy prevents collections from earning royalties on both platforms at the same time. But Blur is here to help.

Blur is a community-driven marketplace, and they want to ensure creators can earn full royalties everywhere. They even sent $BLUR to Creators in their Season 1 airdrop to welcome them into the community. In this article, we’ll explore the options available to creators and how Blur can enable full royalty enforcement on both OpenSea and Blur.

Blur Makes Waves with its 4 recommended outputs

You can read their blog here.

• choice 1 is not to block any platforms. New collections without filters are maximally decentralized, but at the same time they do not have the ability to block zero or optional royalty marketplaces. OpenSea sets royalties to optional on these collections, while Blur enforces a minimum 0.5% royalty (with the seller also able to opt for higher royalties).
• Option 2 is to block Blur. OpenSea does not specify optional royalties when collections filter marketplaces on the blocklist, which includes Blur. However, this option disables bidding on Blur, which provides floor support, increased volume and royalty income for creators. Disabling bids does not improve the creator’s ability to earn royalties. It just hurts it.
• Option 3 is Blur’s recommended option – to block OpenSea. Creators should be able to earn royalties on any marketplace they whitelist, rather than being forced to choose. To encourage this, Blur enforces full royalty on collections that block trading on OpenSea. Creators who implement this option will be eligible to receive Season 2 rewards.
• Option 4 is not to block any of the platforms. Creators who whitelist both OpenSea and Blur should be able to earn royalties on both platforms. Today, OpenSea automatically sets royalties to optional when they detect trading on Blur. Blur would like to encourage OpenSea to stop this policy so that new collections can earn royalties everywhere.

Blur works to maximize royalties for unfiltered collections by increasing minimum royalties while maintaining price competitiveness. They have started enforcing a minimum royalty of 0.5% on collections without filters and plan to increase the minimum royalty over time.

OpenSea’s policy benefits their business by having creators block Blur. However, Blur believes that OpenSea wants to do justice to creators as well, and invites them to work together to enable full royalty on new collections and explore solutions for all collections, with or without filters.

So if you’re a creator who wants to earn full royalties on both OpenSea and Blur, consider implementing Blur’s recommended option to block OpenSea. Not only will you be able to earn royalties on both platforms, but you will also be eligible for Season 2 rewards. And if you want to be featured on Blur, contact them to be featured on their website, Twitter and Discord for your upcoming launches.