3min chapter

Bankless cover image

ROLLUP: Bitcoin NFTs | Canto | FOMC Interest Rates | Blur OpenSea Royalties

Bankless

CHAPTER

The Royalty for the Creators

OpenSea's new policy effectively created a defense line to defend its dominant position from emerging competitors like Blur. Since Blur didn't honor royalties, they are on the block list. So Blur finds a loophole by leveraging OpenSea's seaport to create a new exchange system. The old one continues to handle collections that do not block it while the new one manages to manage his collection previously blocked.

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