🔁 OpenSea vs. Blur: The Fee War That Reshaped the NFT Marketplace Game By Q5iet v3.0 In early 2023, OpenSea—the king of NFT marketplaces—hit the panic button. Facing intense competition from Blur, a newcomer backed by deep liquidity and trader incentives, OpenSea slashed its fees to zero, reworked its royalty structure, and opened up its platform like never before. This wasn’t just a counterstrike—it was a paradigm shift. Let’s explore what changed, why it matters, and how this “Fee War” is still impacting Web3 in 2025. 💥 The Challenge: Blur Arrives Fast and Free Launched in 2022, Blur targeted power users with: 0% trading fees Airdrop incentives (Season 1 + 2) Trader-first UI with real-time floor analytics, aggregators, and batch listings In just 3 months, Blur captured 80%+ of daily Ethereum NFT trading volume. OpenSea’s dominance? In freefall. 🔧 OpenSea Fights Back Here’s how OpenSea responded in February 2023: Cut platform fees to 0% (down from 2.5%) Optional royalties (minimum 0.5%) for collections not using on-chain enforcement Disabled operator filter, allowing dual listing on Blur, LooksRare, etc. The message was clear: “We’re not losing without a fight.” 📊 Who Gained, Who Lost? ✅ Traders Won big. No fees. Airdrops everywhere. Many flipped to Blur for points farming and liquidity depth. ⚠️ Creators Lost income stability. Some protested by blocking OpenSea listings to preserve royalties on Blur. 🧠 Platforms Forced into rapid innovation: Blur launched Season 2 + lending OpenSea rolled out OS 2.0, multi-chain support, and the upcoming SEA token 💡 Key Lessons from the War Incentives drive migration. People chase value—whether it’s points, liquidity, or speed. Royalties are broken. Without on-chain enforcement, creators remain vulnerable to platform wars. Innovation matters. Blur’s UX advancements redefined trader expectations across Web3. Trust is fragile. OpenSea’s moves fractured creator trust—an ongoing reputational challenge. 🔮 The State of Play (2025) OpenSea has reclaimed ~70% of unique wallet engagement Blur still dominates high-volume traders and whale segments Magic Eden is growing multi-chain, now expanding into Solana, BTC, and ETH Fee wars are cooling down—but strategic features and token ecosystems are the new battleground 🧩 Final Thought The “Blur Effect” forced OpenSea to evolve—and in doing so, made the entire NFT space better. It’s no longer about who owns the most users. It’s about who builds the best alignment between creators, traders, and collectors. The next winners won’t just be faster or cheaper. They’ll be the platforms that earn trust and deliver value at scale. #OpenSea #Blur #NFTMarketplace #Web3Economy #BlockchainInnovation #CreatorRoyalties #DeFi #OS2 #SEA #CryptoTrading #DigitalOwnership 🧠📉🔁💸

A community member just added a banner image for $ME on MobyScreener 🖼️ https://t.co/e7J3XkrhPc

A $Magic Eden whale just bought $19,970.00 of $PENGU at $1.15B MC 🐳 https://t.co/7vQUDjpfef

🚨 BREAKING: $WLFI has become the #3 highest volume project on Whales Market, with $8.5M in trading volume. - Top 1: $JUP (@JupiterExchange) - $43.5M - Top 2: $ME (@MagicEden) - $18M Only trust fully on-chain data 🔥 Check it out: https://t.co/MNnlWYs9ZQ https://t.co/wCWP1g5P8e

A $Magic Eden whale just bought $22,750.00 of $Hosico at $52.91M MC 🐳 https://t.co/jEKK6qJ7v7

Flashnet to Launch Its First Fully Regulated Bitcoin Stablecoin, USDB

Decentralized exchange Flashnet and U.S.-licensed entity Brale will launch the fully Treasury-backed USDB stablecoin this summer on Bitcoin’s Layer 2 network Spark, with Magic Eden supporting its distribution and platform integration. https://t.co/rXQsv8HVyf

Flashnet and Brale are planning to partner with Magic Eden to jointly launch the USDB stablecoin.

Read more about Magic Eden x Sats Terminal: https://t.co/02hwba5Htj https://t.co/oXK3F1gjKH

TOPU, Inc. Collection mint begins tomorrow Please check your eligibility on our Magic Eden Launchpad https://t.co/wn0ZueovPL Full details below 🧵 https://t.co/074lZjsV3x

Weekly Recap: Agents Evolving, Communities Growing Last week, we outlined 10+ things that we'd deliver to push the CryptoAgents forward on all fronts - product, marketing, and community Let's go through what we've shipped so far. 1. CryptoAgents Desktop App Featuring powerful local, private AI agents that get sh*t done for you. Download the agent store here: https://t.co/v2DyJsnkqR Invite codes are now rolling out in the CryptoAgents holders’ private channel on our Discord. 2. CryptoAgents Mobile App Following popular demand from the community, we’re getting ready to ship the Android version of the Agent Store mobile app! We’ve submitted the app to Google Play, it should be available in just a couple of days! 3. McAgenty game McAgenty game is how you can bring your CryptoAgents to life and start unlocking real value from their IPs. We're currently working on integrating the game into the Agent Store and will keep you updated throughout the process. ETA: next week 4. Agent Lab We’re building tools for CryptoAgent holders to customize names, enhance personalities, and develop agent intelligence. We’ll release features gradually so you can try them out and share feedback. ETA: this week 5. Agent ICOs We’ve been heads-down building the Launchpad /Agent ICOs - we call them Initial Utility Offerings (IUO). The Launchpad itself is an AI agent and the #1 requirement is that agents must have a working, usable product to launch. ETA: next week 6. Developer Docs We’ve published the Agent Starter Kit for you to build intelligence for your CryptoAgents. https://t.co/dzCSL8HPgG This kit includes guides to help you create personality agents (like chatbots) and utility agents (like automation tools). 7. CryptoAgents Prints Exclusive prints are headed to our early supporters. If all goes well, we'll offer Prints services to all CryptoAgents holders. 8. CryptoAgents Top Voices The 2nd round of Top Voices rewards will be distributed soon. Keep posting CryptoAgents content and tag @CryptoEternalAI to join the leaderboard and earn rewards. 9. Partnership We’re now actively working with some NFT communities to co-create their own AI agents that represent their unique vibes. If you happen to know a good NFT community and think they are a good fit for CryptoAgents, please make the intro! 10. Building the TLDR Agent We’re working on the “TLDR CryptoAgent” for @acidmandoteth! If reading long chats isn’t your thing, this one’s for you. Just paste the convo and get the TLDR. Coming soon! 11. Featured on Magic Eden CryptoAgents are now on @MagicEden. The Lucky Buy feature is also live, giving you a chance to own a CryptoAgent for just 1% of the listing price. Check it out: https://t.co/f2dWmUE1zs 12. Discord Roles Are Live CryptoAgents holders now have special roles in the Discord. Join our Discord to claim the roles and connect with fellow Agent holders. 👉https://t.co/pB40cnusOP

🔥 Bitkub Exchange partners with @MagicEdenComm 🌟.Bitkub Exchange is announcing a collaboration with Magic Eden, a leading NFT marketplace, to bring NFT experiences to Thailand's community and its users..For more information, please refer to the link below:https://t.co/I0Mk2Q8MH1.*Disclaimer: Cryptocurrency and digital tokens involve high risks; investors may lose all investment money and should study information carefully and make investments according to their own risk profile..#Bitkub #BitkubxME #ME #MECommunity #Collaboration

We recommend purchasing only Satflow-originating listings on Satflow until Magic Eden's issues are resolved. Listing/buying both Runes and Ordinals on Satflow are unaffected.

New Listing: ME.@MEFndn $ME is now listed on Bitkub!.📌Pair: $ME/THB📌Deposit and Withdrawal: June 13, 2025 at 05:00 PM (GMT+7)📌Trade: June 16, 2025 at 05:00 PM (GMT+7).Cryptocurrency and digital tokens involve high risks; investors may lose all investment money and should study information carefully and make investments according to their own risk profile..#Bitkub #BitkubExchange #ME #MagicEden

A Magic Eden whale just bought $4,470 worth of RFC at a market cap of $10.73 million. 🐳 https://t.co/RH5I1Bf1ee

According to Bloomberg, World Liberty Financial, partly owned by Donald Trump’s children, sent a cease-and-desist letter to Fight Fight Fight, led by longtime Trump associate Bill Zanker, demanding it stop using the “TRUMP” name to promote the unauthorized “TRUMP Wallet.” Developed with Magic Eden, the project has drawn public criticism from Donald Trump Jr. and Eric Trump. https://t.co/6Il0rKV4f9

TRUMP wallet X account has been unfrozen

The Trump family issues a cease and desist notice regarding Magic Eden's crypto wallet project

The official website's associated X account of TRUMP Wallet has been frozen again.

$ME is trading at $1.03, with a 24-hour trading volume of $537.9 million and a live market capitalization of $153.0 million, representing a 20.04% gain over the past day. This surge was ignited by the unexpected announcement of a Trump-branded “TRUMP Wallet” in partnership with Magic Eden—which briefly sent ME from below $0.80 to over $1.14 in just hours and triggered a 3,000% spike in volume as bulls chased the hype. Even after Trump’s team denied any affiliation, the frenzy drew renewed retail and institutional interest into ME, compounding a broader NFT/NFT-market rotation and solidifying Magic Eden’s native token as a high-beta play in the current altcoin upswing.