OpenSea, a popular marketplace, finally decided to take a position on the ongoing NFT royalty debate and created tools to enforce it. Its blocklist allowed users to block any marketplaces that didn’t pay royalties from listing assets. Blur, an NFT market aggregater, discovered a loophole within the OpenSea blocklist system.
OpenSea: How Blur?
Blur was able, interestingly, to bypass OpenSea’s blocklist by using Seaport, an OpenSea-launched Web3 marketplace tool. Seaport does not have the royalties rules, so Blur was allowed to list assets without violating them.
Blur has been able to gain an advantage over OpenSea by using this simple, but effective loophole. This is a new development from Blur. A recent announcement by the marketplace before the $BLUR token launch indicated that it was trying to make new ground in the industry.
$BLUR launches February 14
We are sorry that this delay has occurred. We are trying new things, and the extra two weeks will enable us to launch something that has never been done before. Airdrop 3 will continue up until then. pic.twitter.com/ZzSyGzjZJD
— Blur (@blur_io January 19, 2023
OpenSea has so far not responded to this development.
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*NFT Plazas’ investment/financial opinions are based on the research and experience of its moderators. They are meant to be educational and not as a substitute for professional advice. Before making any type of investment, individuals are responsible for fully researching any product.
Blur Gets Creative to Avoid the OpenSea Blocklist appeared originally on NFT Plazas.
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