NFTs are dead, only the war between NFT exchanges remains āļø
While NFT volumes and traders hit recent lows, one figure is quietly taking over a large portion of the market.
Launched on October 22, in less than a year, Blur has become the largest NFT exchange by volume (about 60% of the market today). Challenge, then beat established giant OpenSea, which once controlled over +80% of overall volume (2022).
However, it is important to note that the 2021/22 NFT market has nothing to do with 2023. Not only did volume decrease, but the number of active traders also decreased by a third š
It's hard to accept, but whatever the market conditions, Blur's methods work quite well, and there's certainly a lot to learn from them.
š„ Enhanced UI for professional traders, aggregation of fractional trades, reduced royalty fees, Airdrop Farming mechanism, Blend release, etc... so many aspects of Blur took them to current position.
Just when the market seemed to have been firmly grasped by OpenSea, Blur suddenly appeared, proving that there is always room for innovation and progress. Do you agree with that?
(Thanks to Hildebert (Dragonfly) for his Dune panel on this topic, string data is always an advantage