Cryptoknowmics
2023-02-18 07:07:19

OpenSea Announces 0% Fee to Regain Users Lost to Blur

To win back its migrating customers, OpenSea has announced three major changes, including a limited-time 0% fee, optional creator earnings, and leniency on other operators. What’s Behind OpenSea 0% Fee Scheme? OpenSea, a major nonfungible token (NFT) marketplace, has been losing its once dominant user base to competing platforms, including Blur, which surpassed OpenSea in daily Ethereum trading volume on Feb. 18. OpenSea aims to revitalize its dominance in the space, acknowledging that it lost users to other “NFT marketplaces that don’t fully enforce creator earnings.” OpenSea claims to defend creator earnings on all collections and supports the Operator Filter The post OpenSea Announces 0% Fee to Regain Users Lost to Blur appeared first on Cryptoknowmics-Crypto News and Media Platform .

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