FU
Blur …

… for turning art into shitcoins and penny stocks with farming .

What you call “volume” is the result of a pocketful of self-soothing farmers you’ve given a sugar-coated rotten carrot . We all know this myopic game of hot potato with artwork ends in somebody getting burned . It won’t be the creators . Wash trading to farm token rewards is worse than grinding for loot crates .

But , listen Blur … It’s never too late for second chances . You have the power to fix this , and your reputation . Creators need marketplaces , and marketplaces need creators . We hope the end of Season 2 sees the conclusion of blur farming , and a shift to focusing on contributing positively to the industry . Now’s your chance .

Creators:

Take control and upgrade your old contract to enforce royalties , making farming an unprofitable venture for your collection .

Here is how you do it:

Step 1 – Decide whether to make it a claim or airdrop to existing holders .

There are pros and cons to each . We recommend including your community on this decision .

Quick note: Airdropping to holders is the cleanest way to do it but most costly . It will be about $15-20k per 10,000 erc-721 airdrops at lowish gas (20-30 gwei)

Step 2 – Deploy your contract utilizing the OpenSea filter registry

At Truth , we are using this one . Add any public functions you want: airdrop/claim , burn , etc .

Step 3 – Prepare your community for the changeover .

This means changing metadata for existing collections a few days BEFORE change over to build awareness . The Plague did an amazing job on this . We have one that got people talking. Talking means awareness . Awareness means there is a lower chance someone buys it after the cutoff . Changing to a new NFT image lets people know that this collection will be upgrading . It’s necessary to communicate every step to your community .

Step 4 – Contact Blur directly via Discord and ask them to disable bids .

This is a big one . Otherwise people will get dumped on . You can also ask them to turn off as much as possible . Turning off buying is an important one .

Step 5 – Contact Opensea via support to turn off listings and buying .

Also communicate that you would like them to re-assign your collections volume to the new contract . You’ll need your Old Contract Address , Opensea Collection Link , and New Contract Address .

Step 6 – Before you airdrop you should think through and have a plan for any utility or claims / actions based on your tokens .

After it is over , ask Opensea and Blur to delist your old tokens .

You may need to adjust any integrations or tools you use that check wallets for certain NFTs , but you should be good to go from here .

Last thing – one thing we learned and recommend others doing is to communicate every single step to the point you think you are doing too much .

You can email us at dev@truthlabs . co if you have any questions on the process .