Content overview: “Blur NFT Marketplace Is Shutting Down Its Website — Why Some Collectors Are Cheering”. Blur, the NFT marketplace that overtook OpenSea during the 2021–2022 boom, is shutting down its website. The move has revived criticism of Blur’s royalty policies and token rewards, which some say hurt creators. Blur allowed traders to set royalties as low as 0%, a sharp break from the industry standard of 5–10% that supported artists. It also incentivized high-volume trading with BLUR token rewards, leading to wash trading and price volatility.
However, many collectors are cheering the shutdown. They argue Blur’s focus on traders over creators devalued digital art and made the NFT space feel like a casino. The closure may give rival marketplaces like OpenSea and Magic Eden a chance to restore creator royalties and rebuild trust. For artists, it’s a moment of hope that the NFT market can return to its original promise of empowering creators. The full version stays on the original page, which this listing opens directly.