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marketplaces · opensea · blur · royalty wars

BlockyVSDouble-Spend Dan
Blocky saysNFT marketplaces (OpenSea, Blur) let people mint, list, and trade tokens — and fought over royalties.

Marketplaces are the storefronts: they index tokens, handle listings/bids, and execute trades via contracts. Competition (Blur vs OpenSea) drove a "royalty war" — creator royalties were never truly enforced on-chain, so marketplaces made them optional to win traders, gutting a key creator income stream. It exposed that "enforced royalties" were a social, not protocol, guarantee.

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Double-Spend Dan attacks — common mistakes

Boss battleExplain why creator royalties proved hard to enforce.

Example code

<!doctype html><html><head><meta charset="utf-8"></head>
<body style="background:#06040d;color:#e6e0ff;font-family:monospace;padding:20px"><pre>royalties: paid by the marketplace, not the protocol
competitor makes them optional → race to the bottom
→ "enforced" was really voluntary</pre></body></html>
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