NFT Market Update 20th February 2023

Following intense competition from BLUR, Opensea announced it has temporarily eliminated its marketplace fee and made the majority of creator royalties optional for traders.

Yuga Labs responded to concerns on social media about the similarity between the Bored Ape Kennel Club logo and a similar logo created in 2021.

XCOPY’s final work on their existing SuperRare contract, Clutches, sold for 250 ETH.

Moonbirds DAO announced it will fund approved proposals up to $50,0000.

On Sunday Vince Van Dough dropped the second card, Pepe Cheques, in the Notable Pepes series.

6529 Collections announced that the artist behind Monday’s Meme Card drop will be @6529er and the piece is titled “Prof. C. Richard Butt”.