NFT Marketplace Blur to Shut Down Website, Stop New Blend Loans Next Month
The shutdown comes as NFT trading volumes have collapsed from their 2021-2022 peak, with market revenue projected at $318 million this year.
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The shutdown comes as NFT trading volumes have collapsed from their 2021-2022 peak, with market revenue projected at $318 million this year.
Blur’s planned website closure revived criticism of the royalty policies and token rewards that helped it overtake OpenSea during the NFT boom, but hurt creators.
The NFT marketplace's frontend next month while the protocol stays onchain. The BLUR token fell more than 20%.
After several delays, Cardano wallet firm SecondFi finally launched a recovery portal for victims of its $21M hack.
Porsche has shuttered its 911 NFT project PIONΞERS CIRCLE after a year of poor China sales and thousands of layoffs.
During the salad years of NFTs, many folks from a variety of industries were captivated and made predictions that failed.