Unchained

The Chopping Block: The Inside Story of How Blur Toppled NFT Giant OpenSea - Ep. 459

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Welcome to “The Chopping Block” – where crypto insiders Haseeb Qureshi, Robert Leshner, Tom Schmidt, and Tarun Chitra chop it up about the latest news. This week, it’s time for a case study: Special guest Pacman, founder of Blur, explains how his upstart NFT marketplace fought OpenSea and won.


Show highlights: 

  • what it’s like to launch a token
  • why Blur was created and what its strategy was for competing with OpenSea
  • why royalties remain a lightning rod in the NFT community
  • how Blur designed its liquidity mining program and the lesson learned from failed designs
  • the reasons why Blur succeeded in the NFT marketplace environment
  • Pacman’s reaction to OpenSea’s decision to not enforce royalties
  • why forking the Blur code won’t work for new marketplace competitors
  • why the NFT market remained strong in the depths of a bear market
  • why Pacman thinks AMMs for NFTs won’t work
  • whether the “death of royalties” is good or bad for the ecosystem




    • Hosts
    • Haseeb Qureshi, managing partner at Dragonfly 
    • Tarun Chitra, managing partner at Robot Ventures
    • Robert Leshner, founder of Compound 
    • Tom Schmidt, general partner at Dragonfly 
      Guest

      Pacman, founder of Blur

      • Twitter
      DisclosuresPrevious coverage on NFT royalties:
      • The Chopping Block: Two on Two Debate: NFT Royalty Throwdown!
      • Are NFT Royalties the Way? How to Build a Sustainable Creator Economy
        • Links
        • Dune: Blur VS OpenSea
        • Blog post: How to earn royalties on Blur
        • OpenSea’s response
        • Unchained: 
        • OpenSea Eliminates Marketplace Fee, Makes Creator Royalties Optional
        • Blur Airdrops 360M Tokens to NFT Traders

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          UnchainedBy Laura Shin