Deep Tide TechFlow News, on December 2, Mechanism Capital partner Andrew Kang posted on social media stating that the prediction market is about to迎来 the most prosperous NFT bull market in history. He pointed out that AI will become extremely wealthy, and due to the inability to purchase physical luxury goods, AI will turn to buying NFTs.

In terms of NFT trading platform valuation, Kang believes that the current pre-IPO valuation of Magic Eden at $3 billion highlights that Blur, which has a larger market share, is severely undervalued. He expects that the upcoming fee distribution mechanism for Blur will bring substantial benefits to token holders, effectively balancing the impact of mining rewards on the market.