BitMEX ex-CEO Arthur Hayes, who came to the fore with his comments in terms of Bitcoin and altcoins, announced his new hunt. The cryptocurrency entrepreneur bought 341,000 BLURs based on his on-chain address. Here are the details…
What altcoins are in Arthur Hayes’ focus?
Arthur Hayes, a well-known crypto influencer and entrepreneur, recently received approximately 341,000 BLUR from an address starting with 0x62ac. This move comes as Hayes has had a winning streak with his trading and investments, seeing double-digit gains on all assets he has recently purchased, leading to huge profits for him. The BLUR token has seen a significant increase in interest from major investors, which has contributed to its volatile price performance. The price of the token fluctuated greatly, dropping from almost $5 to $0.4 within hours or even minutes.
Despite the surge in investor interest, the BLUR token is relatively unknown in the crypto space. With this, cryptocoin.com As we reported, recent investments by influential figures such as Hayes and other big whales have drawn attention to the token and its potential. The price performance of the BLUR token can be attributed to its low liquidity and wide distribution through the airdrop mechanism, which leads to increased volatility in its price. As major investors continue to show interest in the token, its price is likely to continue to fluctuate.
Blur hit the market fast
It’s no surprise that Hayes’ focus is on BLUR. Because the coin stood out with its launch and airdrops on February 14. On Wednesday, next-gen NFT marketplace Blur announced that it will enforce full creator royalties for any trade-blocking collections on its dominant NFT trading platform, OpenSea. Blur does not fully comply with the creator’s copyright settings; This means that the platform does not impose a fee (usually between 5 and 10 percent) that NFT creators routinely charge for secondary sales of their work.
Currently, the platform only enforces a 0.5 percent minimum creator royalty, with traders having the option to pay more. But Blur announced today that it will enforce any royalties charged by any NFT project creator – only as long as the creator prevents their collection from being traded on OpenSea. In a blog post, Blur’s leadership explained this policy change as a purely defensive survival tactic, enforced by OpenSea’s own non-competitive practices.
Last fall, a number of NFT marketplaces, including Blur, stopped holding creator royalties, subverting a practice that was until then considered an industry norm. The $13.3 billion company, left in an unstable state, has rolled out a block list tool that allows creators to ban their NFTs from being traded in any market that doesn’t honor creator copyrights. Collections that chose to use the tool would guarantee full enforcement of their creators’ copyrights in OpenSea.
Contact us to be instantly informed about the last minute developments. twitter‘in, Facebookin and InstagramFollow and Telegram And YouTube join our channel!
Risk Disclosure: The articles and articles on Kriptokoin.com do not constitute investment advice. Bitcoin and cryptocurrencies are high-risk assets, and you should do your due diligence and do your own research before investing in these currencies. You can lose some or all of your money by investing in Bitcoin and cryptocurrencies. Remember that your transfers and transactions are at your own risk and any losses that may occur are your responsibility. Cryptokoin.com does not recommend buying or selling any cryptocurrencies or digital assets, nor is Kriptokoin.com an investment advisor. Therefore, Kriptokoin.com and the authors of the articles on the site cannot be held responsible for your investment decisions. Readers should do their own research before taking any action regarding the company, assets or services in this article.
Disclaimer: Advertisements on Kriptokoin.com are carried out through third-party advertising channels. In addition, Kriptokoin.com also includes sponsored articles and press releases on its site. For this reason, advertising links directed from Kriptokoin.com are on the site completely independent of Kriptokoin.com’s approval, and visits and pop-ups directed by advertising links are the responsibility of the user. The advertisements on Kriptokoin.com and the pages directed by the links in the sponsored articles do not bind Kriptokoin.com in any way.
Warning: Citing the news content of Kriptokoin.com and quoting by giving a link is subject to the permission of Kriptokoin.com. No content on the site can be copied, reproduced or published on any platform without permission. Legal action will be taken against those who use the code, design, text, graphics and all other content of Kriptokoin.com in violation of intellectual property law and relevant legislation.