- Yuga Labs has blocked Blur, SudoSwap, LooksRare, and NFTX marketplaces.
- Yuga Labs announced the minting of its Sewer Passes.
- Yuga Labs’ Sewer Pass NFT Collection collects more than $6 million in sales.
Yuga Labs launched their Sewer Passes for minting after declaring the launch of a new non-fungible token initiative within the Bored Ape Yacht Club network, producing over 4,000 ETH in total transactions.
Wu Blockchain tweeted that Yuga Labs had blacklisted some marketplaces. Blur, SudoSwap, LooksRare, and NFTX are among them, as a result of the new OpenSea royalties standard. The royal conflict is heating up.
The volume of transactions has surpassed 6840 ETH since the launch of MINT on Sewer Pass, and the present floor price is 1.17 ETH. The Sewer Passes were divided into four categories. The floor price for a Tier 1 Sewer Pass on the secondary NFT market economy OpenSea was 1.3 ETH, which is about $1,970, while Tier 4 entries were marketed for up to roughly $640,000, which is 420 ETH.
LooksRare is a web-based NFT exchange where dealers and consumers have won more than $1.3 billion in incentives. Founded in January 2022 by “Zodd” and “Guts,” LooksRare is a decentralized NFT global market based on Ethereum.
NFTX is a platform that enables the creation of liquid marketplaces for illiquid non-fungible tokens. Customers transfer NFT into an NFTX vault, which generates an exchangeable ERC20 token representing a claim on a randomized commodity from the vault. Tokens can also be used to purchase an NFT from a vault.
SudoSwap is a decentralized exchange (DEX) system on the Ethereum blockchain that allows for the trustless switching of non-fungible tokens (NFTs). The method was created by the creator of 0xmons, a human-AI hybrid NFT venture of animated monsters produced using generative adversarial networks, and was released in May 2022.
Blur is a non-traditional investment community and organizer. Individuals may evaluate NFTs from different markets, maintain portfolios with extensive statistics, and purchase NFTs.