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If you can use this NFT, can you sell it?If you can use this NFT, can you sell it?
Renting an in-game item means you can use it, but not necessarily sell it. The ERC-4907 standard in the $ETH ecosystem records the NFT’s owner and user separately.
It adds a user role to the existing NFT standard—that is, a person who is permitted to use the NFT. This role does not grant the ability to transfer the NFT or assign other users, and it can also have an expiration time.
After the usage period ends, the interface for checking users should treat the user as inactive, without requiring a separate transaction to end the role. However, this does not mean that every game or website will automatically recognize these rules; whether usage rights are honored depends on the support provided by each application.
If you can use this NFT, can you sell it?
If you can use this NFT, can you sell it?
Renting an in-game item means you can use it, but not necessarily sell it. The ERC-4907 standard in the $ETH ecosystem records the NFT’s owner and user separately.
It adds a user role to the existing NFT standard—that is, a person who is permitted to use the NFT. This role does not grant the ability to transfer the NFT or assign other users, and it can also have an expiration time.
After the usage period ends, the interface for checking users should treat the user as inactive, without requiring a separate transaction to end the role. However, this does not mean that every game or website will automatically recognize these rules; whether usage rights are honored depends on the support provided by each application.
Renting an in-game item means you can use it, but not necessarily sell it. The ERC-4907 standard in the $ETH ecosystem records the NFT’s owner and user separately.
It adds a user role to the existing NFT standard—that is, a person who is permitted to use the NFT. This role does not grant the ability to transfer the NFT or assign other users, and it can also have an expiration time.
After the usage period ends, the interface for checking users should treat the user as inactive, without requiring a separate transaction to end the role. However, this does not mean that every game or website will automatically recognize these rules; whether usage rights are honored depends on the support provided by each application.
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If an NFT specifies royalties, are they automatically paid when it changes hands?If an NFT specifies royalties, are they automatically paid when it changes hands?
Creators may see that royalties are set for an NFT and assume the money will automatically arrive every time it changes hands. But under the ERC-2981 royalty standard in the $ETH ecosystem, providing payment information and making the actual payment are separate things.
This standard royaltyInfo interface returns the address and amount of royalties due based on the given sale price. It answers “who should be paid, and how much,” but actually transferring the money still requires the marketplace or other participants to do so.
Why not force payment on every transfer? The standard explains that moving an NFT between wallets doesn’t necessarily mean it’s being sold. A transfer alone can’t distinguish a transaction from an owner simply reorganizing their holdings.
If an NFT specifies royalties, are they automatically paid when it changes hands?
If an NFT specifies royalties, are they automatically paid when it changes hands?
Creators may see that royalties are set for an NFT and assume the money will automatically arrive every time it changes hands. But under the ERC-2981 royalty standard in the $ETH ecosystem, providing payment information and making the actual payment are separate things.
This standard royaltyInfo interface returns the address and amount of royalties due based on the given sale price. It answers “who should be paid, and how much,” but actually transferring the money still requires the marketplace or other participants to do so.
Why not force payment on every transfer? The standard explains that moving an NFT between wallets doesn’t necessarily mean it’s being sold. A transfer alone can’t distinguish a transaction from an owner simply reorganizing their holdings.
Creators may see that royalties are set for an NFT and assume the money will automatically arrive every time it changes hands. But under the ERC-2981 royalty standard in the $ETH ecosystem, providing payment information and making the actual payment are separate things.
This standard royaltyInfo interface returns the address and amount of royalties due based on the given sale price. It answers “who should be paid, and how much,” but actually transferring the money still requires the marketplace or other participants to do so.
Why not force payment on every transfer? The standard explains that moving an NFT between wallets doesn’t necessarily mean it’s being sold. A transfer alone can’t distinguish a transaction from an owner simply reorganizing their holdings.
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Does having a token ID mean there’s only one?Does having a token ID mean there’s only one?
When you see a collectible with a token ID, it’s easy to assume it’s one of a kind. But in the $ETH ecosystem, you first need to check which standard it uses.
ERC-1155 is a multi-token standard: a single contract can manage different types of tokens. An ID can refer to a type of token, which can have its own supply and other attributes. In other words, recognizing an ID doesn’t tell you how many units it represents.
You can think of it like a product SKU: the SKU distinguishes the product variant, while inventory is tracked separately. This is just to help explain the difference between IDs and quantities; it doesn’t mean all collectibles using this standard are issued in large quantities. The standard also allows for unique, non-fungible items.
Does having a token ID mean there’s only one?
Does having a token ID mean there’s only one?
When you see a collectible with a token ID, it’s easy to assume it’s one of a kind. But in the $ETH ecosystem, you first need to check which standard it uses.
ERC-1155 is a multi-token standard: a single contract can manage different types of tokens. An ID can refer to a type of token, which can have its own supply and other attributes. In other words, recognizing an ID doesn’t tell you how many units it represents.
You can think of it like a product SKU: the SKU distinguishes the product variant, while inventory is tracked separately. This is just to help explain the difference between IDs and quantities; it doesn’t mean all collectibles using this standard are issued in large quantities. The standard also allows for unique, non-fungible items.
When you see a collectible with a token ID, it’s easy to assume it’s one of a kind. But in the $ETH ecosystem, you first need to check which standard it uses.
ERC-1155 is a multi-token standard: a single contract can manage different types of tokens. An ID can refer to a type of token, which can have its own supply and other attributes. In other words, recognizing an ID doesn’t tell you how many units it represents.
You can think of it like a product SKU: the SKU distinguishes the product variant, while inventory is tracked separately. This is just to help explain the difference between IDs and quantities; it doesn’t mean all collectibles using this standard are issued in large quantities. The standard also allows for unique, non-fungible items.
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🚨 The NFT industry is getting a new approach! The RWAIX protocol is now open source,
with plans to test real transactions within 90 days—but there is no token yet!
Group: [点击进入玖玖短线策略群](https://app.binance.com/uni-qr/SC8V8G2r)
🔥 The NFT market is still under pressure, but some projects are beginning to explore new ways to verify transactions!
NFT Limited has announced that it is open-sourcing the RWAIX protocol and plans to move ahead with testing over the next 90 days, aiming to launch a limited pilot of real NFT transactions in the first quarter of 2027.
What is this system trying to solve? Simply put, it aims to create records of transaction agreements, asset delivery, payments, and dispute resolution that can be checked by independent verifiers, reducing reliance on records held by a single platform.
📌 What should you know about RWAIX?
✅ Open source for developer review: A reference implementation has been published on GitHub under the MIT License. It includes core protocol logic, API documentation, and 50 automated tests. The company says all internal tests passed, but that does not mean the protocol has undergone an independent security audit.
✅ Plans to test real NFT orders: The initial pilot will cover transaction agreements, delivery confirmation, independent verification, payments, and potential dispute resolution.
✅ Looking ahead to AI agents: The company is also exploring potential applications such as GPU computing service rentals, automated software agents, and remote robotics. The goal is to verify that a service has been completed before confirming the related transaction or payment.
🤖 Why are AI agents worth watching?
In the future, software agents may do more than answer questions: they could independently purchase online services, access computing resources, and even carry out specific tasks.
If these agents receive clear authorization and leave verifiable transaction records, payments, service delivery, and dispute resolution could become more transparent.
However, AI computing and robotics applications are still in the exploratory stage. The company has not announced any corresponding commercial customers or formal deployment contracts, so future plans should not be mistaken for business that has already been realized.
Follow me by tapping my profile picture for daily market analysis and short-term trading strategies 🚀
#nft #RWA
🚨 The NFT industry is getting a new approach! The RWAIX protocol is now open source,
with plans to test real transactions within 90 days—but there is no token yet!
Group: 点击进入玖玖短线策略群
🔥 The NFT market is still under pressure, but some projects are beginning to explore new ways to verify transactions!
NFT Limited has announced that it is open-sourcing the RWAIX protocol and plans to move ahead with testing over the next 90 days, aiming to launch a limited pilot of real NFT transactions in the first quarter of 2027.
What is this system trying to solve? Simply put, it aims to create records of transaction agreements, asset delivery, payments, and dispute resolution that can be checked by independent verifiers, reducing reliance on records held by a single platform.
📌 What should you know about RWAIX?
✅ Open source for developer review: A reference implementation has been published on GitHub under the MIT License. It includes core protocol logic, API documentation, and 50 automated tests. The company says all internal tests passed, but that does not mean the protocol has undergone an independent security audit.
✅ Plans to test real NFT orders: The initial pilot will cover transaction agreements, delivery confirmation, independent verification, payments, and potential dispute resolution.
✅ Looking ahead to AI agents: The company is also exploring potential applications such as GPU computing service rentals, automated software agents, and remote robotics. The goal is to verify that a service has been completed before confirming the related transaction or payment.
🤖 Why are AI agents worth watching?
In the future, software agents may do more than answer questions: they could independently purchase online services, access computing resources, and even carry out specific tasks.
If these agents receive clear authorization and leave verifiable transaction records, payments, service delivery, and dispute resolution could become more transparent.
However, AI computing and robotics applications are still in the exploratory stage. The company has not announced any corresponding commercial customers or formal deployment contracts, so future plans should not be mistaken for business that has already been realized.
Follow me by tapping my profile picture for daily market analysis and short-term trading strategies 🚀
#nft #RWA
with plans to test real transactions within 90 days—but there is no token yet!
Group: 点击进入玖玖短线策略群
🔥 The NFT market is still under pressure, but some projects are beginning to explore new ways to verify transactions!
NFT Limited has announced that it is open-sourcing the RWAIX protocol and plans to move ahead with testing over the next 90 days, aiming to launch a limited pilot of real NFT transactions in the first quarter of 2027.
What is this system trying to solve? Simply put, it aims to create records of transaction agreements, asset delivery, payments, and dispute resolution that can be checked by independent verifiers, reducing reliance on records held by a single platform.
📌 What should you know about RWAIX?
✅ Open source for developer review: A reference implementation has been published on GitHub under the MIT License. It includes core protocol logic, API documentation, and 50 automated tests. The company says all internal tests passed, but that does not mean the protocol has undergone an independent security audit.
✅ Plans to test real NFT orders: The initial pilot will cover transaction agreements, delivery confirmation, independent verification, payments, and potential dispute resolution.
✅ Looking ahead to AI agents: The company is also exploring potential applications such as GPU computing service rentals, automated software agents, and remote robotics. The goal is to verify that a service has been completed before confirming the related transaction or payment.
🤖 Why are AI agents worth watching?
In the future, software agents may do more than answer questions: they could independently purchase online services, access computing resources, and even carry out specific tasks.
If these agents receive clear authorization and leave verifiable transaction records, payments, service delivery, and dispute resolution could become more transparent.
However, AI computing and robotics applications are still in the exploratory stage. The company has not announced any corresponding commercial customers or formal deployment contracts, so future plans should not be mistaken for business that has already been realized.
Follow me by tapping my profile picture for daily market analysis and short-term trading strategies 🚀
#nft #RWA
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🚨 A Major Change in the NFT Market!
NFT marketplace Blur is preparing to shut down its front end on November 12.
Its monthly trading volume reportedly fell below $7 million.
That is a dramatic decline from its peak activity in 2023.
The front-end shutdown does not necessarily mean the underlying protocol will disappear.
This development highlights the risks facing NFT platforms.
Question: Can the NFT market regain its former popularity, or has the hype faded?
#NFT #Blur #Web3 #CryptoNews
🚨 A Major Change in the NFT Market!
NFT marketplace Blur is preparing to shut down its front end on November 12.
Its monthly trading volume reportedly fell below $7 million.
That is a dramatic decline from its peak activity in 2023.
The front-end shutdown does not necessarily mean the underlying protocol will disappear.
This development highlights the risks facing NFT platforms.
Question: Can the NFT market regain its former popularity, or has the hype faded?
#NFT #Blur #Web3 #CryptoNews
NFT marketplace Blur is preparing to shut down its front end on November 12.
Its monthly trading volume reportedly fell below $7 million.
That is a dramatic decline from its peak activity in 2023.
The front-end shutdown does not necessarily mean the underlying protocol will disappear.
This development highlights the risks facing NFT platforms.
Question: Can the NFT market regain its former popularity, or has the hype faded?
#NFT #Blur #Web3 #CryptoNews
480
🚨 JUST IN: ETHEREUM NFT MARKETPLACE BLUR FACES SHUTDOWN! 💥
One of crypto’s best-known NFT marketplaces is facing a major turning point! 😳
📉 Reports say Blur’s trading volumes have collapsed by 99%, raising serious questions about the future of NFT trading platforms.
🔥 Is the NFT market making a comeback someday, or is this the end of an era?
💬 BULLISH or BEARISH on NFTs in 2026?
#Ethereum #ETH #NFT #Blur #CryptoNews
$ETH
{spot}(ETHUSDT)
🚨 JUST IN: ETHEREUM NFT MARKETPLACE BLUR FACES SHUTDOWN! 💥
One of crypto’s best-known NFT marketplaces is facing a major turning point! 😳
📉 Reports say Blur’s trading volumes have collapsed by 99%, raising serious questions about the future of NFT trading platforms.
🔥 Is the NFT market making a comeback someday, or is this the end of an era?
💬 BULLISH or BEARISH on NFTs in 2026?
#Ethereum #ETH #NFT #Blur #CryptoNews
$ETH
One of crypto’s best-known NFT marketplaces is facing a major turning point! 😳
📉 Reports say Blur’s trading volumes have collapsed by 99%, raising serious questions about the future of NFT trading platforms.
🔥 Is the NFT market making a comeback someday, or is this the end of an era?
💬 BULLISH or BEARISH on NFTs in 2026?
#Ethereum #ETH #NFT #Blur #CryptoNews
$ETH
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💥 $1.43 billion → less than $7 million. What happened to the NFT giant?
Blur once challenged OpenSea and dominated the NFT market. Now the platform has announced that it will shut down its website on November 12, while its NFT lending service, Blend, will stop accepting new loans.
📉 The numbers are striking:
• In March 2023, trading volume reached $1.43 billion per month.
• In March 2026, it was less than $7 million.
• The BLUR token plunged after the announcement.
But there’s a catch: Blur’s smart contracts will remain on Ethereum. So this isn’t the protocol disappearing entirely, but rather the closure of its familiar interface and a halt to new loans.
🧠 The main lesson for the crypto market: even a high-profile project with large trading volumes can lose popularity if its activity isn’t backed by sustainable demand.
NFTs once seemed like the future of the digital economy. Time will tell whether this market makes a comeback.
Do you think NFTs can still return to the peak of their popularity, or is their golden age already behind them?
#Crypto #nft #BLUR #Ethereum #Blockchain
💥 $1.43 billion → less than $7 million. What happened to the NFT giant?
Blur once challenged OpenSea and dominated the NFT market. Now the platform has announced that it will shut down its website on November 12, while its NFT lending service, Blend, will stop accepting new loans.
📉 The numbers are striking:
• In March 2023, trading volume reached $1.43 billion per month.
• In March 2026, it was less than $7 million.
• The BLUR token plunged after the announcement.
But there’s a catch: Blur’s smart contracts will remain on Ethereum. So this isn’t the protocol disappearing entirely, but rather the closure of its familiar interface and a halt to new loans.
🧠 The main lesson for the crypto market: even a high-profile project with large trading volumes can lose popularity if its activity isn’t backed by sustainable demand.
NFTs once seemed like the future of the digital economy. Time will tell whether this market makes a comeback.
Do you think NFTs can still return to the peak of their popularity, or is their golden age already behind them?
#Crypto #nft #BLUR #Ethereum #Blockchain
Blur once challenged OpenSea and dominated the NFT market. Now the platform has announced that it will shut down its website on November 12, while its NFT lending service, Blend, will stop accepting new loans.
📉 The numbers are striking:
• In March 2023, trading volume reached $1.43 billion per month.
• In March 2026, it was less than $7 million.
• The BLUR token plunged after the announcement.
But there’s a catch: Blur’s smart contracts will remain on Ethereum. So this isn’t the protocol disappearing entirely, but rather the closure of its familiar interface and a halt to new loans.
🧠 The main lesson for the crypto market: even a high-profile project with large trading volumes can lose popularity if its activity isn’t backed by sustainable demand.
NFTs once seemed like the future of the digital economy. Time will tell whether this market makes a comeback.
Do you think NFTs can still return to the peak of their popularity, or is their golden age already behind them?
#Crypto #nft #BLUR #Ethereum #Blockchain
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The NFT era has officially come to an end: Blur is shutting down on November 12.
Blur, which once took down OpenSea, announced on October 12 that the blur.io frontend will go offline on November 12. The numbers are brutal:
Monthly trading volume plunged from $1.43 billion in March 2023 to less than $7 million in March 2026—a 99.5% drop. At its peak, Blur accounted for over 70% of Ethereum NFT trading volume. According to Token Terminal, the protocol has generated zero revenue in three years—because it has always charged zero fees. After the BLUR announcement, the token fell another 29%, down 99.8% from its all-time high of $5.
Interestingly, only the website frontend is shutting down; the smart contracts will continue running on-chain, and BLUR holders still control the fee switch. But 99% of users only know how to use the website, so shutting down the frontend is practically the same as shutting down the service.
Founder Roquerre shut down Blast just ten days ago (TVL fell from $2 billion to $32 million). This NFT cycle is truly over.
$BLUR
#NFT #Blur
This is solely my personal opinion and does not constitute investment advice.
The NFT era has officially come to an end: Blur is shutting down on November 12.
Blur, which once took down OpenSea, announced on October 12 that the blur.io frontend will go offline on November 12. The numbers are brutal:
Monthly trading volume plunged from $1.43 billion in March 2023 to less than $7 million in March 2026—a 99.5% drop. At its peak, Blur accounted for over 70% of Ethereum NFT trading volume. According to Token Terminal, the protocol has generated zero revenue in three years—because it has always charged zero fees. After the BLUR announcement, the token fell another 29%, down 99.8% from its all-time high of $5.
Interestingly, only the website frontend is shutting down; the smart contracts will continue running on-chain, and BLUR holders still control the fee switch. But 99% of users only know how to use the website, so shutting down the frontend is practically the same as shutting down the service.
Founder Roquerre shut down Blast just ten days ago (TVL fell from $2 billion to $32 million). This NFT cycle is truly over.
$BLUR
#NFT #Blur
This is solely my personal opinion and does not constitute investment advice.
Blur, which once took down OpenSea, announced on October 12 that the blur.io frontend will go offline on November 12. The numbers are brutal:
Monthly trading volume plunged from $1.43 billion in March 2023 to less than $7 million in March 2026—a 99.5% drop. At its peak, Blur accounted for over 70% of Ethereum NFT trading volume. According to Token Terminal, the protocol has generated zero revenue in three years—because it has always charged zero fees. After the BLUR announcement, the token fell another 29%, down 99.8% from its all-time high of $5.
Interestingly, only the website frontend is shutting down; the smart contracts will continue running on-chain, and BLUR holders still control the fee switch. But 99% of users only know how to use the website, so shutting down the frontend is practically the same as shutting down the service.
Founder Roquerre shut down Blast just ten days ago (TVL fell from $2 billion to $32 million). This NFT cycle is truly over.
$BLUR
#NFT #Blur
This is solely my personal opinion and does not constitute investment advice.
7
Verified
Blur is closing its blur.io website on Nov 12. BLUR has dropped 37% since the team posted it, from about $0.0181 to $0.0114.
Blur posted the news on Oct 13 at 03:59 UTC+8. Only the website goes away. The marketplace contracts stay live on-chain, and BLUR still controls the protocol's fee switch. Blend, Blur's NFT lending market, stops matching new loans the same day. Borrowers have until then to repay or let loans default, and a withdrawal tool comes after.
Traders treated it as an exit. In the week before, BLUR traded $5.5M to $7.7M a day. The last 24 hours did $64.6M, almost twice its $33.2M market cap, per CoinGecko. The token now sits 99.8% below its $5.02 peak from February 2023.
A fee switch only earns on trades that reach the contracts. After Nov 12, every one of those has to come through someone else's site.
Blend borrowers have 29 days. Revoke Blur approvals you no longer use, and ignore any "migration" link that isn't from Blur's official account.
$BLUR
#Blur #NFT
NFA. DYOR.
Blur is closing its blur.io website on Nov 12. BLUR has dropped 37% since the team posted it, from about $0.0181 to $0.0114.
Blur posted the news on Oct 13 at 03:59 UTC+8. Only the website goes away. The marketplace contracts stay live on-chain, and BLUR still controls the protocol's fee switch. Blend, Blur's NFT lending market, stops matching new loans the same day. Borrowers have until then to repay or let loans default, and a withdrawal tool comes after.
Traders treated it as an exit. In the week before, BLUR traded $5.5M to $7.7M a day. The last 24 hours did $64.6M, almost twice its $33.2M market cap, per CoinGecko. The token now sits 99.8% below its $5.02 peak from February 2023.
A fee switch only earns on trades that reach the contracts. After Nov 12, every one of those has to come through someone else's site.
Blend borrowers have 29 days. Revoke Blur approvals you no longer use, and ignore any "migration" link that isn't from Blur's official account.
$BLUR
#Blur #NFT
NFA. DYOR.
Blur posted the news on Oct 13 at 03:59 UTC+8. Only the website goes away. The marketplace contracts stay live on-chain, and BLUR still controls the protocol's fee switch. Blend, Blur's NFT lending market, stops matching new loans the same day. Borrowers have until then to repay or let loans default, and a withdrawal tool comes after.
Traders treated it as an exit. In the week before, BLUR traded $5.5M to $7.7M a day. The last 24 hours did $64.6M, almost twice its $33.2M market cap, per CoinGecko. The token now sits 99.8% below its $5.02 peak from February 2023.
A fee switch only earns on trades that reach the contracts. After Nov 12, every one of those has to come through someone else's site.
Blend borrowers have 29 days. Revoke Blur approvals you no longer use, and ignore any "migration" link that isn't from Blur's official account.
$BLUR
#Blur #NFT
NFA. DYOR.
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📊 Monthly trading volume plunged from $1.43 billion to $7 million. Blur turned out the lights.
Blur turned out the lights.
On October 12, Blur posted on X for the first time in over a year, saying the blur.io front end would shut down on November 12. The on-chain marketplace protocol will keep running, and BLUR will retain control of the fee switch. The same announcement had an even tougher line: Blend, its lending product, would stop matching new loans effective immediately. Borrowers must either repay by November 12 or let their loans default. A withdrawal tool will come later. No choice.
The monthly trading volume tells you why. In March 2023, Blur did about $1.43 billion in volume in a single month (according to DefiLlama), accounting for over 70% of Ethereum NFT trading. By this March, it was under $7 million. A 99.5% drop. The website homepage still advertises zero fees and $7.4 billion in cumulative trading volume. According to Token Terminal, protocol revenue over the past three years was zero. Free comes at a cost.
On the token side, BLUR fell more than 20% in a single day on the day of the announcement. As I write this, two price sources quote it at $0.01143 and $0.01145. That’s a 99.7% drop from its peak of over $5 in early 2023.
The same crowd is still packing up elsewhere. Tieshun Roquerre’s other chain, Blast, announced it was shutting down ten days ago; its assets fell from over $2 billion to around $32 million. Abstract, the L2 from Pudgy Penguins’ parent company Igloo, has also set December 15 as its shutdown date.
The collectibles market below has been ice-cold for a long time. In September, the whole market saw $167.2 million in trading volume across 2.9 million transactions (CryptoSlam), compared with its January 2022 peak of $6 billion. Floor prices are according to CoinGecko as of October 13. Bored Apes were at 5.12 ETH, or about $12,880, down 97% from 153.7 ETH in May 2022. CryptoPunks were at 31.29 ETH, down 75% from 125 ETH in August 2021—the most resilient among the eight major collections. Pudgy Penguins fell another 72% over the year, and Moonbirds fell 99%. Everything is down.
ApeFest in Charleston is still going ahead this weekend. On October 17, Bored Ape and Mutant Ape holders can pay $99 for a ticket to Beeple Studios. Tickets are still on sale.
Prices. As I write this, four sources quote BTC between $83,597 and $83,689, up about 0.4% in 24 hours. ETH is at $2,510–$2,513.
The marketplace is shutting down, but the contracts are still on-chain. The question is who will pay to maintain this infrastructure after the tide goes out.
$BTC $ETH $BLUR
#中本聪国际社区Baoluo币商资本 #NFT #Cryptocurrency
📊 Monthly trading volume plunged from $1.43 billion to $7 million. Blur turned out the lights.
Blur turned out the lights.
On October 12, Blur posted on X for the first time in over a year, saying the blur.io front end would shut down on November 12. The on-chain marketplace protocol will keep running, and BLUR will retain control of the fee switch. The same announcement had an even tougher line: Blend, its lending product, would stop matching new loans effective immediately. Borrowers must either repay by November 12 or let their loans default. A withdrawal tool will come later. No choice.
The monthly trading volume tells you why. In March 2023, Blur did about $1.43 billion in volume in a single month (according to DefiLlama), accounting for over 70% of Ethereum NFT trading. By this March, it was under $7 million. A 99.5% drop. The website homepage still advertises zero fees and $7.4 billion in cumulative trading volume. According to Token Terminal, protocol revenue over the past three years was zero. Free comes at a cost.
On the token side, BLUR fell more than 20% in a single day on the day of the announcement. As I write this, two price sources quote it at $0.01143 and $0.01145. That’s a 99.7% drop from its peak of over $5 in early 2023.
The same crowd is still packing up elsewhere. Tieshun Roquerre’s other chain, Blast, announced it was shutting down ten days ago; its assets fell from over $2 billion to around $32 million. Abstract, the L2 from Pudgy Penguins’ parent company Igloo, has also set December 15 as its shutdown date.
The collectibles market below has been ice-cold for a long time. In September, the whole market saw $167.2 million in trading volume across 2.9 million transactions (CryptoSlam), compared with its January 2022 peak of $6 billion. Floor prices are according to CoinGecko as of October 13. Bored Apes were at 5.12 ETH, or about $12,880, down 97% from 153.7 ETH in May 2022. CryptoPunks were at 31.29 ETH, down 75% from 125 ETH in August 2021—the most resilient among the eight major collections. Pudgy Penguins fell another 72% over the year, and Moonbirds fell 99%. Everything is down.
ApeFest in Charleston is still going ahead this weekend. On October 17, Bored Ape and Mutant Ape holders can pay $99 for a ticket to Beeple Studios. Tickets are still on sale.
Prices. As I write this, four sources quote BTC between $83,597 and $83,689, up about 0.4% in 24 hours. ETH is at $2,510–$2,513.
The marketplace is shutting down, but the contracts are still on-chain. The question is who will pay to maintain this infrastructure after the tide goes out.
$BTC $ETH $BLUR
#中本聪国际社区Baoluo币商资本 #NFT #Cryptocurrency
Blur turned out the lights.
On October 12, Blur posted on X for the first time in over a year, saying the blur.io front end would shut down on November 12. The on-chain marketplace protocol will keep running, and BLUR will retain control of the fee switch. The same announcement had an even tougher line: Blend, its lending product, would stop matching new loans effective immediately. Borrowers must either repay by November 12 or let their loans default. A withdrawal tool will come later. No choice.
The monthly trading volume tells you why. In March 2023, Blur did about $1.43 billion in volume in a single month (according to DefiLlama), accounting for over 70% of Ethereum NFT trading. By this March, it was under $7 million. A 99.5% drop. The website homepage still advertises zero fees and $7.4 billion in cumulative trading volume. According to Token Terminal, protocol revenue over the past three years was zero. Free comes at a cost.
On the token side, BLUR fell more than 20% in a single day on the day of the announcement. As I write this, two price sources quote it at $0.01143 and $0.01145. That’s a 99.7% drop from its peak of over $5 in early 2023.
The same crowd is still packing up elsewhere. Tieshun Roquerre’s other chain, Blast, announced it was shutting down ten days ago; its assets fell from over $2 billion to around $32 million. Abstract, the L2 from Pudgy Penguins’ parent company Igloo, has also set December 15 as its shutdown date.
The collectibles market below has been ice-cold for a long time. In September, the whole market saw $167.2 million in trading volume across 2.9 million transactions (CryptoSlam), compared with its January 2022 peak of $6 billion. Floor prices are according to CoinGecko as of October 13. Bored Apes were at 5.12 ETH, or about $12,880, down 97% from 153.7 ETH in May 2022. CryptoPunks were at 31.29 ETH, down 75% from 125 ETH in August 2021—the most resilient among the eight major collections. Pudgy Penguins fell another 72% over the year, and Moonbirds fell 99%. Everything is down.
ApeFest in Charleston is still going ahead this weekend. On October 17, Bored Ape and Mutant Ape holders can pay $99 for a ticket to Beeple Studios. Tickets are still on sale.
Prices. As I write this, four sources quote BTC between $83,597 and $83,689, up about 0.4% in 24 hours. ETH is at $2,510–$2,513.
The marketplace is shutting down, but the contracts are still on-chain. The question is who will pay to maintain this infrastructure after the tide goes out.
$BTC $ETH $BLUR
#中本聪国际社区Baoluo币商资本 #NFT #Cryptocurrency
461
While Asia was trading. The NFT sector shows no signs of recovery: global trading volumes for digital assets have continued to decline for the third consecutive quarter. As we noted earlier, Blur’s closure was a symptom, not the cause. Metaverses are losing institutional interest. BTC is holding at $83,779.
$BTC ETH #NFT #Metaverse $BNB $XRP SOL
While Asia was trading. The NFT sector shows no signs of recovery: global trading volumes for digital assets have continued to decline for the third consecutive quarter. As we noted earlier, Blur’s closure was a symptom, not the cause. Metaverses are losing institutional interest. BTC is holding at $83,779.
$BTC ETH #NFT #Metaverse $BNB $XRP SOL
$BTC ETH #NFT #Metaverse $BNB $XRP SOL
75
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$BLUR | The Website Is Closing, Not the Protocol
🚨 $BLUR is facing a major change—but the headline doesn’t tell the whole story.
Blur plans to retire its website on November 12, while keeping its on-chain marketplace protocol operational. Blend will also stop matching new loans.
Meanwhile, BLUR’s latest completed 1H candle closed at $0.01162. The preceding completed 4H candle recorded approximately 1.86x its 20-candle average volume.
The distinction matters: keeping smart contracts operational doesn’t guarantee that users will continue using the platform.
Can BLUR retain meaningful utility without its familiar trading interface?
$BLUR #NFT #CryptoNewss #Web3
{future}(BLURUSDT)
$BLUR | The Website Is Closing, Not the Protocol
🚨 $BLUR is facing a major change—but the headline doesn’t tell the whole story.
Blur plans to retire its website on November 12, while keeping its on-chain marketplace protocol operational. Blend will also stop matching new loans.
Meanwhile, BLUR’s latest completed 1H candle closed at $0.01162. The preceding completed 4H candle recorded approximately 1.86x its 20-candle average volume.
The distinction matters: keeping smart contracts operational doesn’t guarantee that users will continue using the platform.
Can BLUR retain meaningful utility without its familiar trading interface?
$BLUR #NFT #CryptoNewss #Web3
🚨 $BLUR is facing a major change—but the headline doesn’t tell the whole story.
Blur plans to retire its website on November 12, while keeping its on-chain marketplace protocol operational. Blend will also stop matching new loans.
Meanwhile, BLUR’s latest completed 1H candle closed at $0.01162. The preceding completed 4H candle recorded approximately 1.86x its 20-candle average volume.
The distinction matters: keeping smart contracts operational doesn’t guarantee that users will continue using the platform.
Can BLUR retain meaningful utility without its familiar trading interface?
$BLUR #NFT #CryptoNewss #Web3
63
·
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It’s been just one day since the shutdown announcement, and Blur has already seen the full chain reaction: a token plunge, an exchange warning, and a takeover offer—the NFT veteran’s farewell is far uglier than anyone expected.
#BlurPlansToRetireBlurioFrontendOnNov12
#NFT #Blur
On October 12, Blur announced on X that it would shut down the blur.io web frontend on November 12. Blend lending will also stop matching new loans that day, and borrowers must repay their loans before the deadline or allow them to default. The marketplace protocol itself will remain on-chain, with $BLUR retaining control of the fee switch. The announcement gave no reason for the shutdown; it only reminded users to follow official accounts and beware of fake announcements.
Within 24 hours, $BLUR plunged by around 30%, falling to about $0.012. Data from multiple market trackers agreed, putting the drop between 29% and 34%—a textbook case of “sell the news.”
The next blow came from South Korea. On October 13, Upbit designated $BLUR as an asset under investment warning and suspended deposits of $BLUR starting at 3 p.m., citing concerns about the project’s business legitimacy and sustainability. The warning period runs through the end of October; if the issues aren’t addressed, the token could be delisted outright. That means South Korean holders who want to transfer their assets out will have another hurdle to clear.
Meanwhile, $SUSHI CEO Alex McCurry publicly proposed acquiring Blur, saying he was willing to talk with the team. The proposal included no price or terms, making it look more like a flag planted on a distressed asset—but the news itself shows that, in others’ eyes, Blur’s on-chain contracts and accumulated user assets still have value.
Blend borrowers are the ones facing the most immediate pressure: outstanding loans must be settled by November 12, while liquidity is already thin and some of the largest positions are concentrated in blue-chip NFTs like BAYC and MAYC. Some lending protocols have already offered borrowers refinancing and migration options. Blur has also promised a withdrawal tool, though it hasn’t said when it will launch.
In short: the frontend shutdown is the “surface”; the exchange scrutiny and token crash are the “underlying problem.” Blur’s contracts are still alive, but “Blur the company” is visibly losing credibility by the day. For anyone still holding $BLUR or with a position on Blend, the remaining month is a window of opportunity—not a time to sit back and wait.
This is not investment advice. DYOR; trading involves risk.
It’s been just one day since the shutdown announcement, and Blur has already seen the full chain reaction: a token plunge, an exchange warning, and a takeover offer—the NFT veteran’s farewell is far uglier than anyone expected.
#BlurPlansToRetireBlurioFrontendOnNov12
#NFT #Blur
On October 12, Blur announced on X that it would shut down the blur.io web frontend on November 12. Blend lending will also stop matching new loans that day, and borrowers must repay their loans before the deadline or allow them to default. The marketplace protocol itself will remain on-chain, with $BLUR retaining control of the fee switch. The announcement gave no reason for the shutdown; it only reminded users to follow official accounts and beware of fake announcements.
Within 24 hours, $BLUR plunged by around 30%, falling to about $0.012. Data from multiple market trackers agreed, putting the drop between 29% and 34%—a textbook case of “sell the news.”
The next blow came from South Korea. On October 13, Upbit designated $BLUR as an asset under investment warning and suspended deposits of $BLUR starting at 3 p.m., citing concerns about the project’s business legitimacy and sustainability. The warning period runs through the end of October; if the issues aren’t addressed, the token could be delisted outright. That means South Korean holders who want to transfer their assets out will have another hurdle to clear.
Meanwhile, $SUSHI CEO Alex McCurry publicly proposed acquiring Blur, saying he was willing to talk with the team. The proposal included no price or terms, making it look more like a flag planted on a distressed asset—but the news itself shows that, in others’ eyes, Blur’s on-chain contracts and accumulated user assets still have value.
Blend borrowers are the ones facing the most immediate pressure: outstanding loans must be settled by November 12, while liquidity is already thin and some of the largest positions are concentrated in blue-chip NFTs like BAYC and MAYC. Some lending protocols have already offered borrowers refinancing and migration options. Blur has also promised a withdrawal tool, though it hasn’t said when it will launch.
In short: the frontend shutdown is the “surface”; the exchange scrutiny and token crash are the “underlying problem.” Blur’s contracts are still alive, but “Blur the company” is visibly losing credibility by the day. For anyone still holding $BLUR or with a position on Blend, the remaining month is a window of opportunity—not a time to sit back and wait.
This is not investment advice. DYOR; trading involves risk.
#BlurPlansToRetireBlurioFrontendOnNov12
#NFT #Blur
On October 12, Blur announced on X that it would shut down the blur.io web frontend on November 12. Blend lending will also stop matching new loans that day, and borrowers must repay their loans before the deadline or allow them to default. The marketplace protocol itself will remain on-chain, with $BLUR retaining control of the fee switch. The announcement gave no reason for the shutdown; it only reminded users to follow official accounts and beware of fake announcements.
Within 24 hours, $BLUR plunged by around 30%, falling to about $0.012. Data from multiple market trackers agreed, putting the drop between 29% and 34%—a textbook case of “sell the news.”
The next blow came from South Korea. On October 13, Upbit designated $BLUR as an asset under investment warning and suspended deposits of $BLUR starting at 3 p.m., citing concerns about the project’s business legitimacy and sustainability. The warning period runs through the end of October; if the issues aren’t addressed, the token could be delisted outright. That means South Korean holders who want to transfer their assets out will have another hurdle to clear.
Meanwhile, $SUSHI CEO Alex McCurry publicly proposed acquiring Blur, saying he was willing to talk with the team. The proposal included no price or terms, making it look more like a flag planted on a distressed asset—but the news itself shows that, in others’ eyes, Blur’s on-chain contracts and accumulated user assets still have value.
Blend borrowers are the ones facing the most immediate pressure: outstanding loans must be settled by November 12, while liquidity is already thin and some of the largest positions are concentrated in blue-chip NFTs like BAYC and MAYC. Some lending protocols have already offered borrowers refinancing and migration options. Blur has also promised a withdrawal tool, though it hasn’t said when it will launch.
In short: the frontend shutdown is the “surface”; the exchange scrutiny and token crash are the “underlying problem.” Blur’s contracts are still alive, but “Blur the company” is visibly losing credibility by the day. For anyone still holding $BLUR or with a position on Blend, the remaining month is a window of opportunity—not a time to sit back and wait.
This is not investment advice. DYOR; trading involves risk.
136
·
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NFT trading platform Blur has announced that it will shut down its front end on November 12, while its underlying on-chain protocol will continue to operate and its core trading capabilities will remain available.
The Blur team said that after the front end goes offline, users will still be able to interact directly with the on-chain protocol, and governance rights over the $BLUR token’s fee switch will remain unchanged. On the same day, Blend, Blur’s lending platform, will also stop matching new orders, further scaling back its business. This change means Blur’s centralized access point is officially withdrawing, with its trading logic to be handled entirely by on-chain contracts and community governance, taking the platform a step further toward decentralization.
(Source: CryptoPotato)
#Blur #NFT
⚠️Risk reminder: The above is shared for informational purposes only and does not constitute investment advice. Investing involves risks; exercise caution when entering the market.
NFT trading platform Blur has announced that it will shut down its front end on November 12, while its underlying on-chain protocol will continue to operate and its core trading capabilities will remain available.
The Blur team said that after the front end goes offline, users will still be able to interact directly with the on-chain protocol, and governance rights over the $BLUR token’s fee switch will remain unchanged. On the same day, Blend, Blur’s lending platform, will also stop matching new orders, further scaling back its business. This change means Blur’s centralized access point is officially withdrawing, with its trading logic to be handled entirely by on-chain contracts and community governance, taking the platform a step further toward decentralization.
(Source: CryptoPotato)
#Blur #NFT
⚠️Risk reminder: The above is shared for informational purposes only and does not constitute investment advice. Investing involves risks; exercise caution when entering the market.
The Blur team said that after the front end goes offline, users will still be able to interact directly with the on-chain protocol, and governance rights over the $BLUR token’s fee switch will remain unchanged. On the same day, Blend, Blur’s lending platform, will also stop matching new orders, further scaling back its business. This change means Blur’s centralized access point is officially withdrawing, with its trading logic to be handled entirely by on-chain contracts and community governance, taking the platform a step further toward decentralization.
(Source: CryptoPotato)
#Blur #NFT
⚠️Risk reminder: The above is shared for informational purposes only and does not constitute investment advice. Investing involves risks; exercise caution when entering the market.
182
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Verified
【10.14 Early-Morning Recap | The End of an NFT Era】
There was plenty of important news last night. Here are the key takeaways:
1. $BLUR announced it will shut down its frontend on November 12, and Blend will stop matching new loans. Its token plunged more than 16% in 24 hours. Once a dominant force that accounted for 70% of the Ethereum NFT market, its monthly trading volume has collapsed 99.5% from its peak, and Upbit has placed it on its warning list. The narrative around NFT liquidity has cooled off completely.
2. $SOL ’s biggest upgrade of the year, Alpenglow, is scheduled to activate on mainnet on October 21. It will cut finality from 12.8 seconds to around 150 milliseconds—a breakthrough 18 months in the making.
3. $PYTH posted strong Q3 results: ARR reached $11.49 million, up 86% quarter over quarter; 94.4% of RWA perpetual trading volume was based on its oracle; and the DAO used 100% of its revenue to buy back PYTH. ETH staking migration is also accelerating, with the share of stake held by 0x02 validators surpassing 40% for the first time.
Note: Tensions around the Strait of Hormuz are escalating, with more than 10 oil tankers leaving the Persian Gulf. Geopolitical risk aversion may continue to weigh on risk assets.
NFA | DYOR
#比特币 #以太坊 #Solana #NFT #CryptoRecap
【10.14 Early-Morning Recap | The End of an NFT Era】
There was plenty of important news last night. Here are the key takeaways:
1. $BLUR announced it will shut down its frontend on November 12, and Blend will stop matching new loans. Its token plunged more than 16% in 24 hours. Once a dominant force that accounted for 70% of the Ethereum NFT market, its monthly trading volume has collapsed 99.5% from its peak, and Upbit has placed it on its warning list. The narrative around NFT liquidity has cooled off completely.
2. $SOL ’s biggest upgrade of the year, Alpenglow, is scheduled to activate on mainnet on October 21. It will cut finality from 12.8 seconds to around 150 milliseconds—a breakthrough 18 months in the making.
3. $PYTH posted strong Q3 results: ARR reached $11.49 million, up 86% quarter over quarter; 94.4% of RWA perpetual trading volume was based on its oracle; and the DAO used 100% of its revenue to buy back PYTH. ETH staking migration is also accelerating, with the share of stake held by 0x02 validators surpassing 40% for the first time.
Note: Tensions around the Strait of Hormuz are escalating, with more than 10 oil tankers leaving the Persian Gulf. Geopolitical risk aversion may continue to weigh on risk assets.
NFA | DYOR
#比特币 #以太坊 #Solana #NFT #CryptoRecap
There was plenty of important news last night. Here are the key takeaways:
1. $BLUR announced it will shut down its frontend on November 12, and Blend will stop matching new loans. Its token plunged more than 16% in 24 hours. Once a dominant force that accounted for 70% of the Ethereum NFT market, its monthly trading volume has collapsed 99.5% from its peak, and Upbit has placed it on its warning list. The narrative around NFT liquidity has cooled off completely.
2. $SOL ’s biggest upgrade of the year, Alpenglow, is scheduled to activate on mainnet on October 21. It will cut finality from 12.8 seconds to around 150 milliseconds—a breakthrough 18 months in the making.
3. $PYTH posted strong Q3 results: ARR reached $11.49 million, up 86% quarter over quarter; 94.4% of RWA perpetual trading volume was based on its oracle; and the DAO used 100% of its revenue to buy back PYTH. ETH staking migration is also accelerating, with the share of stake held by 0x02 validators surpassing 40% for the first time.
Note: Tensions around the Strait of Hormuz are escalating, with more than 10 oil tankers leaving the Persian Gulf. Geopolitical risk aversion may continue to weigh on risk assets.
NFA | DYOR
#比特币 #以太坊 #Solana #NFT #CryptoRecap
587
·
--
【10.13 Late-Night Review | The End of an NFT Era】
Tonight’s main story is $BLUR: it announced that its frontend will shut down on November 12, and the Blend lending protocol will stop matching new loans on the same day. Once Ethereum’s largest NFT marketplace and the platform that dethroned OpenSea, its trading volume has already plunged 99%. After the news broke, BLUR fell more than 16% in 24 hours, and Upbit and Bithumb urgently added it to their trading warning lists. The on-chain protocol remains active, but an era has come to an end.
Fund flows remain subdued: U.S. spot Bitcoin ETFs saw net outflows of $65.4 million in a single day; spot Ethereum ETFs have now recorded net outflows for 10 consecutive days, with $85.39 million flowing out yesterday. Meanwhile, Grayscale’s GSOL quietly bought $20.2 million worth of $SOL over the past 20 days, highlighting a clear split between bulls and bears.
On the macro front, tensions in the Middle East pushed Brent crude above $106, while 10 supertankers left the Persian Gulf, with risk aversion weighing on risk assets. Morgan Stanley is bullish on RWA: the tokenized asset market could reach $3–10 trillion in the 2030s. Morpho also added $1.5 billion in stablecoin TVL in a single day, accounting for 68% among leading protocols—DeFi’s foundations remain solid.
NFA | DYOR
#比特币 #以太坊 #NFT #BLUR #CryptoMarketReview
【10.13 Late-Night Review | The End of an NFT Era】
Tonight’s main story is $BLUR : it announced that its frontend will shut down on November 12, and the Blend lending protocol will stop matching new loans on the same day. Once Ethereum’s largest NFT marketplace and the platform that dethroned OpenSea, its trading volume has already plunged 99%. After the news broke, BLUR fell more than 16% in 24 hours, and Upbit and Bithumb urgently added it to their trading warning lists. The on-chain protocol remains active, but an era has come to an end.
Fund flows remain subdued: U.S. spot Bitcoin ETFs saw net outflows of $65.4 million in a single day; spot Ethereum ETFs have now recorded net outflows for 10 consecutive days, with $85.39 million flowing out yesterday. Meanwhile, Grayscale’s GSOL quietly bought $20.2 million worth of $SOL over the past 20 days, highlighting a clear split between bulls and bears.
On the macro front, tensions in the Middle East pushed Brent crude above $106, while 10 supertankers left the Persian Gulf, with risk aversion weighing on risk assets. Morgan Stanley is bullish on RWA: the tokenized asset market could reach $3–10 trillion in the 2030s. Morpho also added $1.5 billion in stablecoin TVL in a single day, accounting for 68% among leading protocols—DeFi’s foundations remain solid.
NFA | DYOR
#比特币 #以太坊 #NFT #BLUR #CryptoMarketReview
Tonight’s main story is $BLUR : it announced that its frontend will shut down on November 12, and the Blend lending protocol will stop matching new loans on the same day. Once Ethereum’s largest NFT marketplace and the platform that dethroned OpenSea, its trading volume has already plunged 99%. After the news broke, BLUR fell more than 16% in 24 hours, and Upbit and Bithumb urgently added it to their trading warning lists. The on-chain protocol remains active, but an era has come to an end.
Fund flows remain subdued: U.S. spot Bitcoin ETFs saw net outflows of $65.4 million in a single day; spot Ethereum ETFs have now recorded net outflows for 10 consecutive days, with $85.39 million flowing out yesterday. Meanwhile, Grayscale’s GSOL quietly bought $20.2 million worth of $SOL over the past 20 days, highlighting a clear split between bulls and bears.
On the macro front, tensions in the Middle East pushed Brent crude above $106, while 10 supertankers left the Persian Gulf, with risk aversion weighing on risk assets. Morgan Stanley is bullish on RWA: the tokenized asset market could reach $3–10 trillion in the 2030s. Morpho also added $1.5 billion in stablecoin TVL in a single day, accounting for 68% among leading protocols—DeFi’s foundations remain solid.
NFA | DYOR
#比特币 #以太坊 #NFT #BLUR #CryptoMarketReview
305
Blur’s website is closing. Its on-chain protocol is staying.
According to reports published on October 13, Blur plans to retire its website frontend on November 12, 2026. Its Ethereum marketplace protocol will remain operational on-chain, with $BLUR retaining control of the fee switch.
That distinction matters: functioning smart contracts and an easy-to-use marketplace are different things.
Blend, Blur’s NFT lending service, is also set to stop matching new loans on November 12. The team has announced a withdrawal tool for afterward, but its availability date remains unclear.
My takeaway: a protocol’s survival depends on more than contracts remaining online. Accessible interfaces, liquidity and continued development also matter.
The announcement does not establish what happens next to the token’s price.
Which matters most for a marketplace’s long-term usefulness: liquidity, its interface, or developer support?
$BLUR $ETH
#NFT #DeFi
Educational commentary, not a trade recommendation.
Blur’s website is closing. Its on-chain protocol is staying.
According to reports published on October 13, Blur plans to retire its website frontend on November 12, 2026. Its Ethereum marketplace protocol will remain operational on-chain, with $BLUR retaining control of the fee switch.
That distinction matters: functioning smart contracts and an easy-to-use marketplace are different things.
Blend, Blur’s NFT lending service, is also set to stop matching new loans on November 12. The team has announced a withdrawal tool for afterward, but its availability date remains unclear.
My takeaway: a protocol’s survival depends on more than contracts remaining online. Accessible interfaces, liquidity and continued development also matter.
The announcement does not establish what happens next to the token’s price.
Which matters most for a marketplace’s long-term usefulness: liquidity, its interface, or developer support?
$BLUR $ETH
#NFT #DeFi
Educational commentary, not a trade recommendation.
According to reports published on October 13, Blur plans to retire its website frontend on November 12, 2026. Its Ethereum marketplace protocol will remain operational on-chain, with $BLUR retaining control of the fee switch.
That distinction matters: functioning smart contracts and an easy-to-use marketplace are different things.
Blend, Blur’s NFT lending service, is also set to stop matching new loans on November 12. The team has announced a withdrawal tool for afterward, but its availability date remains unclear.
My takeaway: a protocol’s survival depends on more than contracts remaining online. Accessible interfaces, liquidity and continued development also matter.
The announcement does not establish what happens next to the token’s price.
Which matters most for a marketplace’s long-term usefulness: liquidity, its interface, or developer support?
$BLUR $ETH
#NFT #DeFi
Educational commentary, not a trade recommendation.
313
·
--
A major change in the NFT market: Blur’s web interface will shut down on November 12, but the marketplace protocol will remain operational on-chain. On the same date, Blend will stop matching new loans; borrowers have until then to repay or risk default. Blur said it will later provide an interface for withdrawing Blend assets. So the shutdown affects the user portal and new lending, not the contracts themselves. Do you expect activity to continue through alternative interfaces? $BLUR #NFT #DeFi
A major change in the NFT market: Blur’s web interface will shut down on November 12, but the marketplace protocol will remain operational on-chain. On the same date, Blend will stop matching new loans; borrowers have until then to repay or risk default. Blur said it will later provide an interface for withdrawing Blend assets. So the shutdown affects the user portal and new lending, not the contracts themselves. Do you expect activity to continue through alternative interfaces? $BLUR #NFT #DeFi
113
·
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The king of NFT trading is shutting down.
Blur — once home to over 70% of Ethereum NFT volume — will close its website on Nov 12, and its Blend lending service will stop arranging new loans. The numbers tell the story: monthly volume collapsed more than 99.5%, from about $1.43B in March 2023 to under $7M by March 2026. Despite billions in trades, the zero-fee marketplace recorded $0 in protocol revenue over three years. CoinDesk reported it on Oct 13, 00:43 EDT (12:43 CST).
The smart contracts stay live on-chain, so this is a frontend shutdown, not a protocol death. Still, the lesson is brutal: token-subsidized volume without revenue is not a business model.
Not financial advice.
---
The former king of NFT trading is closing its doors.
Blur, which once accounted for more than 70% of Ethereum NFT trading volume, will close its website on Nov 12, and its lending service Blend will stop issuing new loans. Monthly trading volume fell by more than 99.5%, from about $1.43 billion in March 2023 to under $7 million in March 2026. Despite billions of dollars in trades, the zero-fee marketplace generated $0 in protocol revenue over three years. CoinDesk reported this on Oct 13 at 12:43 Beijing time (00:43 EDT).
The contracts will remain live on-chain; only the frontend is shutting down. But the lesson is brutal: trading volume built on subsidies, without revenue, is not a business.
Not investment advice; for reference only.
$BLUR $ETH
#NFT #Blur #CryptoNews
The king of NFT trading is shutting down.
Blur — once home to over 70% of Ethereum NFT volume — will close its website on Nov 12, and its Blend lending service will stop arranging new loans. The numbers tell the story: monthly volume collapsed more than 99.5%, from about $1.43B in March 2023 to under $7M by March 2026. Despite billions in trades, the zero-fee marketplace recorded $0 in protocol revenue over three years. CoinDesk reported it on Oct 13, 00:43 EDT (12:43 CST).
The smart contracts stay live on-chain, so this is a frontend shutdown, not a protocol death. Still, the lesson is brutal: token-subsidized volume without revenue is not a business model.
Not financial advice.
---
The former king of NFT trading is closing its doors.
Blur, which once accounted for more than 70% of Ethereum NFT trading volume, will close its website on Nov 12, and its lending service Blend will stop issuing new loans. Monthly trading volume fell by more than 99.5%, from about $1.43 billion in March 2023 to under $7 million in March 2026. Despite billions of dollars in trades, the zero-fee marketplace generated $0 in protocol revenue over three years. CoinDesk reported this on Oct 13 at 12:43 Beijing time (00:43 EDT).
The contracts will remain live on-chain; only the frontend is shutting down. But the lesson is brutal: trading volume built on subsidies, without revenue, is not a business.
Not investment advice; for reference only.
$BLUR $ETH
#NFT #Blur #CryptoNews
Blur — once home to over 70% of Ethereum NFT volume — will close its website on Nov 12, and its Blend lending service will stop arranging new loans. The numbers tell the story: monthly volume collapsed more than 99.5%, from about $1.43B in March 2023 to under $7M by March 2026. Despite billions in trades, the zero-fee marketplace recorded $0 in protocol revenue over three years. CoinDesk reported it on Oct 13, 00:43 EDT (12:43 CST).
The smart contracts stay live on-chain, so this is a frontend shutdown, not a protocol death. Still, the lesson is brutal: token-subsidized volume without revenue is not a business model.
Not financial advice.
---
The former king of NFT trading is closing its doors.
Blur, which once accounted for more than 70% of Ethereum NFT trading volume, will close its website on Nov 12, and its lending service Blend will stop issuing new loans. Monthly trading volume fell by more than 99.5%, from about $1.43 billion in March 2023 to under $7 million in March 2026. Despite billions of dollars in trades, the zero-fee marketplace generated $0 in protocol revenue over three years. CoinDesk reported this on Oct 13 at 12:43 Beijing time (00:43 EDT).
The contracts will remain live on-chain; only the frontend is shutting down. But the lesson is brutal: trading volume built on subsidies, without revenue, is not a business.
Not investment advice; for reference only.
$BLUR $ETH
#NFT #Blur #CryptoNews
194
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