Blur will enforce minimum royalties on immutable NFT collections and will also airdrop tokens to creators of NFT collections traded on Blur

Blur, the NFT market, announced that it will implement minimum royalties for immutable NFT series (immutable collections) from 4:00 Beijing time on January 3, which will not affect existing listings. In addition, Blur will also airdrop BLUR tokens to creators of NFT series traded on Blur, and a snapshot has been completed. Blur will continue to collect full royalties on series that use the filter registry and whitelist Blur, the new policy applies to existing/immutable series that cannot adopt the filter registry. Specifically, Blur will initially enforce a minimum 0.5% royalty on immutable NFT series, and will increase the minimum over time (0.5% to start, then 1%, 1.5%, 2%, etc.). This will allow it to increase Blur's royalties while preventing new markets from avoiding them, Blur said. According to Blur, most of the BLUR tokens will be distributed to the community including traders, collectors and creators. Blur will continue to charge a 0% marketplace fee.