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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Lee la documentación de la APIAINFT is a token that sits at the intersection of NFTs, gaming, and the metaverse, serving as the official governance instrument for the AINFT ecosystem. Holders of the token can participate in decisions about how the protocol is run. It is aimed at participants who want a say in the direction of an NFT-focused platform rather than simply using NFTs as collectibles.
Rather than functioning as a typical utility or payment token, AINFT uses NFTs themselves as the governance mechanism, meaning ownership of the token confers voting rights within the ecosystem. The token exists across multiple networks, including BNB Chain, Ethereum, and Tron, though no block time or consensus algorithm is recorded in the available data. Beyond governance participation, the specific technical mechanics of how votes are cast or executed are not detailed in the information stored here.
No fee stream is recorded in the data for this protocol, which means this site carries no figures for fee revenue, fee recipients, or protocol earnings. The circulating supply stands at approximately 990 trillion tokens against a maximum supply of roughly 999.99 trillion, placing circulating supply at 99.01 percent of the cap at this point in time. Because all tokens appear to have already been issued — supply issued is recorded at 100 percent — and the dilution overhang is 0.0 percent, there is no meaningful remaining supply event to account for in the token economics.
Redactado a partir de las cifras de esta página por un modelo de lenguaje de IA y revisado contra ellas. No contiene ninguna opinión sobre el precio.
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.