blockchain and has been operational since October 2022. It is one of the fastest-rising marketplaces in the NFT segment and that is not surprising.The fact that Blur operates on the Ethereum blockchain means it has access to a lot of liquidity. However, this is not the main reason for its rapid growth. The main reason is perhaps the fact that the Blur NFT marketplace does not charge any trading fees. In addition, NFT sellers on the marketplace can earn royalties.
To put Blur’s win over OpenSea into perspective, the former dominated 65% NFT market share in May 2023 according to. Sales soared to $442 million during the month. But how about we let the latest data speak for itself?
Source: News Formal (newsformal.com)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Interest in Blur craters as NFT enthusiasts return to OpenSeaAfter a few months of losing some of its market share to Blur, new interest in OpenSea has put it back on top.
Source: CryptoAmb - 🏆 22. / 68 Read more »
NFT market witnesses a domino effect with Blur triggering the fallsThe NFT sector witnessed a massive decline in interest over the last few months.
Source: CryptoAmb - 🏆 22. / 68 Read more »
Drake ‘Deeply Disappointed’ Nobody Threw Bras At Him During Montreal ShowDrake was feeling a little frisky at his show in Montreal. The singer is currently on the road for his 'It's All A Blur' tour, which has seen him get showered with underwear on stage at stops like Detroit. The feat was not repeated at his show in Montreal, which the musician noted with some…
Source: ETCanada - 🏆 67. / 51 Read more »
Interest in Blur craters as NFT enthusiasts return to OpenSeaAfter a few months of losing some of its market share to Blur, new interest in OpenSea has put it back on top.
Source: CryptoAmb - 🏆 22. / 68 Read more »
NFT market witnesses a domino effect with Blur triggering the fallsThe NFT sector witnessed a massive decline in interest over the last few months.
Source: CryptoAmb - 🏆 22. / 68 Read more »
UAE suspends Emirate Gold from Good Delivery List, LBMA follows suitKitco News' general-interest stories takes a look at what is making headlines in the marketplace and how that is impacting precious metals prices
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »