Hack, bug, confusion on the Blur platform? – OpenSea’s new challenger has a name, Blur. This is gradually catching on with large reinforcements from Airdrops. And the NFT platform does not hesitate to support its enthusiastic users even if the cause of the error is disputed. All details.
A clumsiness? Blur refunds your losses
Passed on On Twitter, bad manipulations by a user on the NFT Blur platform would have resulted in them losing 70ETH, or about $86,600 at current prices. A sum, tell me. Still, blur is out of the question and is more of an awkwardness, as is often the case. Due to a mistake in the comma, the investor suggested a exorbitant amount of 140 ETH for buying one NFT art eater. But the land price (land price) of the collection is closer to 3-4 ETH.
In fact if you a purchase suggestion (bid) and not a direct purchase (Buy), it is understood that the price indicated is lower than the minimum price of the collection. Otherwise it is of no interest to the buyer, so buy NFT directly. The deceived user criticizes this by stating that the platform should have automatically integrated a zero or a comma when entering the price. Furthermore, there was also no security preventing price proposals well above the reserve price of the collection. The user should of course have been more careful with it and that’s where it could end. After all, everyone is held accountable for their actions. The crypto world is not known for the quality of their customer service. However, the Blur team decided otherwise.
“Initially, we viewed this manipulation as a user error, as there was basically no bug on our platform. However, upon further investigation, we understand why this can be considered a bug from the user’s perspective. Therefore, we refund up to 50% to merchants who have been victims of this type of error. »
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The dangers of the early days of NFT platforms?
The Blur team also clarified their point of view as follows:
“To go into a little more detail, we refund all purchase requests at 25% above the accepted reserve price. The money will be automatically refunded within the next 10 days. »
This policy gives credibility to a platform a hit since its launch last October. However, Blur remains young and therefore risky. It still has many steps to take to establish trust between itself and its potential users. There is no doubt that their reimbursement approach is fully geared in this direction. The future will show whether it will be possible to compete with the Sector Octopus, OpenSea.
NFT platforms struggle in the highly competitive NFT market. Platforms like Magic Eden or LooksRare want their share of the cake. However, the OpenSea platform remains the undisputed market leader and regularly opens its marketplace to new blockchains. Like the latest namely the BNB chain.
You have the right not to understand anything about the NFT trend. On the other hand, not being interested in bitcoin is unforgivable! Don’t wait any longer and prepare for the future. Register now on the eToro platform (commercial link).