Blur Emerges as a Strong Contender in the NFT Market
On February 22, the data showed that the trading volume of Blur in the NFT market reached about 108 million US dollars in the past 24 hours, with a month-on-mo…
On February 22, the data showed that the trading volume of Blur in the NFT market reached about 108 million US dollars in the past 24 hours, with a month-on-month increase of 0.66%, more than twice that of OpenSea (45.21 million US dollars).
Data: The transaction volume of Blur platform has more than doubled that of OpenSea in the past 24 hours
Interpretation of the news:
The NFT market has been gaining traction in recent months, with more and more people investing in digital assets. On February 22, the data showed that the trading volume of Blur in the NFT market reached about 108 million US dollars in the past 24 hours. This is a significant milestone for Blur, which has emerged as a strong contender in the NFT market.
Compared to its competitor OpenSea, Blur’s trading volume has increased by more than twice in the past 24 hours, with a month-on-month increase of 0.66%. This is an impressive feat considering that OpenSea has been a leading player in the NFT market for some time now. While OpenSea still has a much larger overall market share, Blur’s growth in recent months signals that it has the potential to become a major player in the NFT market.
So, what is driving Blur’s success in the NFT market? One possible reason is its unique selling point. Blur offers a platform that allows artists to create and sell their own NFTs without having to go through a middleman. This has made the platform very attractive to artists who seek more control over their creations and want to maximize their profits.
Another reason for Blur’s success could be its focus on user experience. The platform is designed to be easy to use, even for people who are not tech-savvy. This has helped to attract a wider audience to the NFT market and has made it easier for people to invest in digital assets.
In conclusion, Blur’s emergence as a strong contender in the NFT market is a positive sign for the industry as a whole. Its rapid growth shows that there is a demand for platforms that offer artists more control and that prioritize user experience. As the NFT market continues to grow, it will be interesting to see how Blur and other players in the space continue to evolve and compete for market share.
This article and pictures are from the Internet and do not represent Fpips's position. If you infringe, please contact us to delete:https://www.fpips.com/2421/
It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.
Recommended articles
-
What is Dogecoin (What is the name of Dogecoin)?
Dogecoin is an digital currency. How did it come about? What determines its valu
-
Mysten Labs and Battlemon Join Forces: Creating a Decentralized Gaming Experience
According to reports, Mysten Labs, the Web3 Infrastructure Company and the initial developer of the Sui Layer1 blockchain, announced today that it has established a partnership wit
-
China’s Plan to Boost Online Gaming Technology and Business Form with Innovation
According to reports, Yang Fang, deputy director of the Publishing Bureau of the Publicity Department of the CPC Central Committee, said in his speech at the a…
-
What are the uses of the three major bitcoins (three types of bitcoins)
What are the uses of the three major bitcoins? According to Bitcoinist, the thr
-
Bitfinex will go live with Arbitrum (ARB)
According to the official announcement, Bitfinex will launch Arbitrum\’s native token ARB. ARB deposits will be opened around 10:00 a.m. World Standard Time on March 22, 2023. ARB t
-
What is the platform currency of Büttel Exchange (Bitter platform currency)
What is the platform currency of Büttel Exchange? What is the platform currency of Büttel Exchange? In the Bitcoin Cash Cash (BCH) community, everyone is not unfamiliar with the concept of decentralized exchanges. But everything from Bitmex to Gate.io cannot be separated from BTT. The main feature of this project is that it adopts a dividend mode, which means that it can receive a maximum of 50000 BTCs per week as a return; If you want to use it for margin trading, you need to invest $10000 in mining. So users can purchase and exchange BToken tokens into the platform by pledging BTM or BTC. These tokens are used to reward users who participate in consensus voting. At the same time, by deducting a certain proportion of handling fees, corresponding profits can be obtained, which is called position rebate One of the most important things for investors is to hold a certain amount of platform currency. For example, when an…
-
Air Carbon Exchange (ACX) and StoneX Group Join Forces to Expand US Carbon Trading Market
It is reported that Air Carbon Exchange (ACX) and StoneX Group have agreed to cooperate on the US carbon trading market, which will become a part of the StoneX platform. ACX provid
-
Social Future, a social metaverse company, completed a $6 million financing
On April 6th, Social Future, a social metaverse company based on artificial intelligence, announced the completion of a $6 million financing, with SNZ, Everest Venture Group, Foliu
-
Giant Whale’s Transfer of 11033743 ARBs To Coin Security: What It Means for the Market
On April 15th, according to Twitter user ember monitoring, during the period from April 4th to 9th, the giant whale address that purchased 11033743 ARBs from the exchange and DEX h
-
What does 24-hour currency trading mean (can currency be purchased 24 hours a day)
What does 24-hour mean in currency trading? What does 24 hours mean in the field of digital currency First of all, let’s take a look at what 24-hour means, which means trading time is all day. That is to say, when you hand over the money to the exchange, it will be together for 24 hours. Because your funds are stored on the exchange, 24 hours is not a working day. For a small asset, it takes 24 hours of continuous operation until someone transfers it to you Next, let’s take a look at the specific market data: Bitcoin prices are currently above $10700, with some room for decline from the nearest support level of $9850; The price of Ethereum is currently around $3.78, close to the low of $6.89 on April 14; XRP is also about to fall below the 0.012 yuan mark Can coins be purchased 24 hours a dayEditor’s note: This article is from the vernacular blockchain…
-
The number of new Ethereum addresses hit a new high in three months
According to reports, data shows that the number of new Ethereum addresses has reached 3274 in the past hour (7d MA), a new high in three months.
The number of new Ethereum address -
What is ETO (and EGT) Coin?
ETO (Ethereum 2.0) is a highly anticipated blockchain project that is currently
-
TMON CEO and intermediary arrested for corruption related to Terra payment
On February 15, the South Korean prosecutor investigating the Terra/Luna crash arrested Mr. A, the former CEO of the country\’s e-commerce giant TMON, for accep…
-
Uniswap Announces Launch of BNB Chain for Faster and Cheaper Transactions
It is reported that Uniswap has announced the launch of BNB Chain. Uniswap stated that, like Polygon and Arbitrum, BNB Chain typically provides faster and cheaper transactions than the main Ethereum network, making Uniswap more easily accepted by a wider audience. Uniswap Announces Online BNB Chain Analysis based on this information:Uniswap, one of the leading decentralized exchanges (DEXs) in the cryptocurrency space, has recently announced the launch of BNB Chain. This development is aimed at providing faster and cheaper transactions for Uniswap users. BNB Chain is now the third layer-two scaling solution introduced by Uniswap after Polygon and Arbitrum. According to Uniswap, BNB Chain offers an alternative to the main Ethereum network, where transaction fees and network congestion have caused several issues. This development is expected to make Uniswap more efficient and accessible to a wider audience. Uniswap users can now transfer their assets to BNB Chain seamlessly and enjoy the benefits of faster and cheaper transactions. With the Ethereum…
-
The bankruptcy court ruled that Deltec needs to repay Alameda’s previous loan of nearly $53 million
According to reports, a judge from the Delaware Bankruptcy Court ruled on Wednesday that Deltec International Group should repay a loan of nearly $53 million originally provided to
-
What is Bonbon Coin (When will Bonbon Coin be launched)?
Bonbon Coin, according to official sources, is a new type of digital currency t