NFT Project The Plague of Frogs Announces Contract Migration Delayed to March 27
According to reports, the NFT project The Plague of Frogs announced on official Twitter that it would migrate the new contract originally scheduled for March 24th and enforce royalties, which will be postponed to next Monday, March 27th, because developers need more time to test to ensure that there are no issues. At that time, OpenSea will synchronize the migration, but Blur may delist the NFT and cancel the bid on March 25th. After the migration, the new NFT will be airdropped into the wallet holding the old The Plague of Frogs NFT, It is also possible to cancel the pledge, transfer, and re pledge to obtain the same rewards, and it is understood that the mandatory royalty rate will not be higher than 10%.
Interpretation of this information:
The Plague of Frogs, an NFT project, has announced on Twitter that the migration of their new contract, which was supposed to occur on March 24th with enforced royalties, has been postponed to March 27th due to the need for more testing by developers. The migration will be synchronized with OpenSea, but there is the possibility of delisting and bid cancelation by Blur on March 25th. After the migration, the new NFT will be airdropped into wallets holding the old NFT, and pledges can be canceled, transferred, and re-pledged for the same rewards. It has been reported that the mandatory royalty rate will not exceed 10%.
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