Blur and Open Sea’s failure to support Ordinals trading has led to them falling behind the OKX NFT marketplace. As Ordinals fever peaks higher, will they adapt be crushed by them?
The new marketplace, due to arrive by the end of the year, aims to ensure artists keep earning from their work. Its success could influence the policies of competing NFT platforms.
Blur and Open Sea’s failure to support Ordinals trading has led to them falling behind the OKX NFT marketplace. As Ordinals fever peaks higher, will they adapt be crushed by them?
The new marketplace, due to arrive by the end of the year, aims to ensure artists keep earning from their work. Its success could influence the policies of competing NFT platforms.
The NFT studio behind BAYC announced it would take its collections off OpenSea after the marketplace’s decision to wind down “Operation Filter”, a tool that gave creators the power to enforce royalties.
OpenSea has recently rolled out OpenSea Pro, a marketplace with advanced features targeting professional NFT traders, and plans to regain its market share from the rival Blur marketplace.
The leading marketplace for Solana NFTs is adopting an optional creator royalty model. The protocol lets creators of new NFT collections block marketplaces that refuse to grant royalties.
