GM Web3 ☀️ on Rug Radio 🎙️: The Blur royalty conflict

Today we discussed the performance of the traditional and cryptocurrency markets, with BTC nearing $25k and ETH touching $1700. They mention that alts are doing well and the tech analysis suggests that there is still room for growth. They also talk about the decrease in leverage in crypto and how this could lead to a healthier market.

We went through the NFT market and the high trading volume of Otherdeeds, Sewer passes, and Moonbirds. The Blur airdrop will sustain the effect and provide double rewards through March, but there may be more low-quality trading as a result. we then delved into Blur's new royalty structure, which could lead to the blocking of Opensea or denying the volume of Blur, putting the founders in a tough position.

The hosts share that GQ Magazine has partnered with Moonpay and artists to launch a new collection, "change is good," providing special access to events and physical items. They also talk about the upcoming NFT Paris event, where Pudgy Penguins and Rektguy will have events, and Rug Radio and Farokh will be present.

The hosts then briefly mention The Plague NFT's charity initiative on Polygon, which innovatively used frogs and announced that the Polygon zkEVM Mainnet Beta is set to go live on March 27, which is a significant development for scalability. The episode concludes with a summary of events that were discussed, providing a wealth of knowledge for cryptocurrency and NFT enthusiasts.

Summary with links: Gldn's Notes

GM

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