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Blend NFT Lending Platform Records $6.6 Billion in Total Transactions

According to Foresight News, Blend, an NFT lending platform under Blur, has reached a total transaction volume of $6.6 billion. The platform has also recorded a total of 720,536 loans. The current number of individual borrowers on the platform stands at 11,044, while the number of individual lenders is 4,532. These figures indicate a significant level of activity and engagement on the platform, reflecting the growing interest in NFTs and their potential use in lending and borrowing.
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Konami's Digital Division To Enhance NFT Platform Using Avalanche Blockchain

According to PANews, Konami, a renowned Japanese game developer, has announced that its digital division will use the Avalanche blockchain to enhance its NFT platform, Resella. The platform will be supported by Avalanche Subnet and will benefit from Ava Labs' AvaCloud Web3 launchpad services. The aim is to provide users with unparalleled efficiency, zero gas costs, and consistent processing speeds. Konami states that Resella eliminates the need for users to open external crypto wallets or handle cryptocurrencies. This move is seen as a significant step towards making the platform more user-friendly and efficient. The use of Avalanche blockchain technology will not only improve the platform's performance but also reduce costs associated with transactions, making it more accessible to a broader user base. The collaboration with Ava Labs will further enhance the platform's capabilities, providing a robust and reliable infrastructure for the platform. This partnership will ensure that Resella can handle high volumes of transactions without compromising on speed or efficiency. The use of AvaCloud Web3 launchpad services will also provide additional support, enabling the platform to operate smoothly and efficiently. This development is a clear indication of Konami's commitment to leveraging blockchain technology to improve its services and provide a better user experience. It also highlights the growing trend of integrating blockchain technology into various sectors, including gaming, to enhance efficiency and reduce costs.
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