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NewsBlur to Enforce Minimum Royalty of 0.5% on Collections That Can't Use Royalty Enforcement Tool

Blur to Enforce Minimum Royalty of 0.5% on Collections That Can't Use Royalty Enforcement Tool

Dec 30,2022,03:13

NFT marketplace Blur announced that starting from 3pm EST, January 2nd, it will enforce a minimum royalty of 0.5% on NFT collections that aren't able to adopt the filter registry, a royalty enforcement tool. On collections that use the filter registry, Blur will continue to enforce full royalties.

In addition, Blur will airdrop $BLUR to creators of collections that trade on Blur, when the token is launched in January. The snapshot has been completed.

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