Blur in the NFT Market Drops Third-Party Suspicious Tags

02/24/2023 01:33 • Metaverse & Beyond • 67 views

It is reported that Blur in the NFT market tweeted that Blur and LooksRay will no longer display third-party suspicious tags in the UI by default from today. Blur said that its discovery of suspicious tags does more harm than good to end users. If necessary, users can still enable suspicious tags in the “View Settings” of the favorite page. However, no matter whether it is opened in the view settings or not, the items that are marked suspiciously still cannot accept bids on Blur.

Blur and LooksRay will no longer display third-party suspicious tags in the UI by default

Interpretation of the news:

Recently, Blur in the NFT market announced on Twitter that they will no longer display third-party suspicious tags in the UI by default from that day onwards. The statement noted that the discovery of such suspicious tags may do more harm than good to end-users. As a result, they are dropping these tags altogether to ensure a safe and scam-free experience for their users.

Blur is not alone in this move, as other players in the NFT market are also aggressively taking measures to prevent scams and ensure a secure environment for their users. The NFT market has been riddled with scams and frauds as it is relatively new and lacks proper regulation. The decision by Blur is an excellent move to build trust and credibility with its community and set an example for others in the market to follow suit.

The statement further mentioned that though users could still enable suspicious tags in the “View Settings” of the favorite page, it would not affect the items’ ability to receive bids on Blur. The move shows Blur’s dedication to provide its users with a trustworthy and safe platform to buy and sell NFTs.

This decision by Blur is a positive step toward limiting fraudulent activities in the NFT market. By eliminating suspicious tags, they have given a clear message to third-party scammers that their unethical behavior on this platform will not be tolerated. This strict action will have many benefits, such as establishing the market’s legitimacy and providing a safe and secure environment for buyers and sellers alike.

In conclusion, Blur’s decision to drop third-party suspicious tags is a well-thought-out move that emphasizes their commitment to provide a secure and transparent NFT market for users. This move will undoubtedly have a positive impact on the NFT market, as it will set the benchmark for others to establish strict measures to prevent scams in the future.

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Blur in the NFT Market Drops Third-Party Suspicious Tags

Blur and LooksRay will no longer display third-party suspicious tags in the UI by default

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