Yuga Labs blacklists Blur, SudoSwap and other marketplaces in Sewer Pass mint
NFT
www.theblock.co
18 January 2023 22:30, UTC
Studying time: ~2 m
Yuga Labs blacklisted at the very least 4 marketplaces that do not mandate NFT royalties in its latest NFT drop, Sewer Cross.
Sewer Cross contains coding that blocks NFT transactions from wallets belonging to Blur, SudoSwap, LooksRare and NFTX, based on Simon Cousaert, The Block Analysis’s Director of Knowledge. LooksRare, SudoSwap and Blur have an non-compulsory royalty system, and NFTX additionally would not honor royalty funds.
The transfer is the most recent salvo within the ongoing struggle over NFT royalties. In blacklisting these marketplaces, Yuga Labs joins different NFT creators in blocking royalty-evading platforms from transacting with their NFTs.
In September, QQL blacklisted X2Y2, one other NFT market with non-compulsory royalties, from coping with the QQL Mint Cross NFT drop. X2Y2 responded to the blacklisting by saying, “When another person can resolve the place you may switch your NFT, you aren’t the actual homeowners anymore.”
Sewer Cross netted $1.3 million in buying and selling quantity one hour after its launch, and has amassed practically $5 million value of ETH 4 hours after the launch.
