TechFlow, NFT trading platform Blur announced it will enforce a minimum royalty for immutable NFT collections starting at 4:00 AM Beijing time on January 3. Additionally, Blur will airdrop BLUR tokens to creators of NFT collections that have been traded on Blur; the snapshot has already been completed.
According to reports, Blur will initially enforce a minimum 0.5% royalty on immutable NFT collections, gradually increasing over time (starting at 0.5%, then 1%, 1.5%, 2%, etc.). Blur stated that the majority of BLUR tokens will be distributed to the community, including traders, collectors, and creators. Blur will continue to charge 0% marketplace fees. Source link
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