News digest
Blur is shutting down its website, so why are NFT collectors cheering?
· By MyCryptoSignal Editorial · 82 words
Cointelegraph reports that Blur's decision to shut down its website has sparked criticism of its royalty policies and token rewards, which had helped it gain traction over OpenSea. The closure has revived concerns that these policies, which contributed to Blur's rise during the NFT boom, ultimately hurt creators. This development matters for crypto markets as it highlights ongoing issues with NFT platform royalty policies, such as those that helped Blur overtake OpenSea.
Read the full story at Cointelegraph: https://cointelegraph.com/news/blur-is-shutting-down-its-website-so-why-are-nft-collectors-cheering
Data, not advice.
Source: Cointelegraph — see our editorial policy.
Not financial advice. MyCryptoSignal provides informational data only. Signals and market briefs are NOT financial advice. Trading cryptocurrencies carries significant risk. Always do your own research and consult with qualified financial advisors before making investment decisions. Past performance does not guarantee future results.