Blur Refund 50% For NFT Traders Affected By UI Behavior
After a customer pointed out an interface problem that led them to lose 70 ETH, Blur is providing some traders a 50% refund on certain purchases.
Previously, user Keungz.eth paid 70 ETH for Art Gobbler 8273 on Blur since the amount submitted in Blur’s bidding algorithm could not recognize the first decimal given, and when the user entered “.70,” the NFT marketplace would default to a bid of “70” rather than “0.7.”
After additional investigation, the platform determined that this is a problem from the user’s perspective, and it will reimburse 50% to traders who were harmed by this UI behavior.
It will specifically inquire about collection bids that exceed 25% of the non-flagged floor and instantly reimburse them. It will do so within the next ten days (likely sooner).
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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Website: coincu.com
Harold
Coincu News
Author
NFTs News
Blur Refund 50% For NFT Traders Affected By UI Behavior
After a customer pointed out an interface problem that led them to lose 70 ETH, Blur is providing some traders a 50% refund on certain purchases.
Previously, user Keungz.eth paid 70 ETH for Art Gobbler 8273 on Blur since the amount submitted in Blur’s bidding algorithm could not recognize the first decimal given, and when the user entered “.70,” the NFT marketplace would default to a bid of “70” rather than “0.7.”
After additional investigation, the platform determined that this is a problem from the user’s perspective, and it will reimburse 50% to traders who were harmed by this UI behavior.
It will specifically inquire about collection bids that exceed 25% of the non-flagged floor and instantly reimburse them. It will do so within the next ten days (likely sooner).
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join us to keep track of news: https://linktr.ee/coincu
Website: coincu.com
Harold
Coincu News
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