The NFT trading platform Blur will implement minimum royalties for immutable NFT collections and has completed an airdrop snapshot for NFT creators

ChainCatcher news, the NFT trading platform Blur announced that it will implement a minimum royalty on immutable NFT collections starting from January 3rd, 4:00 AM Beijing time. Additionally, Blur will airdrop BLUR tokens to creators of NFT collections traded on Blur, with the snapshot already completed.

It is reported that Blur will initially implement a minimum royalty of 0.5% on immutable NFT collections, which will gradually increase over time (starting at 0.5%, then 1%, 1.5%, 2%, etc.). Blur stated that most of the BLUR tokens will be allocated to the community, including traders, collectors, and creators. Blur will continue to charge 0% market fees. (source link)