A crypto analyst doing NFT-focused research has described a recently popular NFT platform as “the worst thing that could happen to the altcoin market.”
Aaron Sage called this altcoin an ’empty project’ in his latest tweet
“Blur (BLUR) is the worst thing that can happen in this space,” Aaron Sage, who describes himself as “extremely passionate about NFTs, Crypto and Personal Development,” said in a recent tweet. Sage criticizes BLUR’s user interface for being too simplistic, saying the platform is like a list that lacks “things like art and project description.”
The analyst also said that unlike rival platform OpenSea, Blur does not support creators with grassroots initiatives.
At the end of the tweets, Sage said that he doesn’t hate BLUR or its users, he just misses the NFT space when it was centered around “art and culture” and not money:
If only the NFT field could change its lens to what it used to be with Blur, not the way it is today, but rather the arts and culture-related (i.e. monkey noises in the clubhouse or even lazy lion twitter raids).
Blur soon dethroned OpenSea
BLUR was launched in October 2022 with the support of Paradigm and ParaFi and managed to raise $11 million in startup funding seven months ago. By February, research platform Delphi Digital said BLUR had achieved 53% market share just months after its launch. This momentum can be attributed to several factors, including free transactions, the option to skip or reduce royalties, and the functionality to purchase multiple NFTs at once.
Also, Delphi Digital said that BLUR’s token airdrop plan is a key factor in its growing market share. On February 14, eligible users received their share of 360 million tokens, which is equal to 12% of the supply at an average of $2,943 each according to Forbes. The firm recently announced an additional 300 million “Season 2” airdrop to be distributed.
Its current data shows that BLUR has increased its market share to 55%, nearly doubling that of OpenSea, the next closest marketplace.
OpenSea is no longer the first choice of altcoin investors
Regarding which platform is better, @GSKrovina said that the main difference between BLUR and OpenSea is that BLUR is aimed at traders, not individual users, as evidenced by the listing format and multiple simultaneous NFT purchase functionality.
While Sage was critical of BLUR’s user interface, @GSKrovina said it’s more suitable for traders looking to “move volume”. cryptocoin.com We mentioned that Blur has recently come to the fore with wash trading.
Contact us to be instantly informed about the last minute developments. twitter‘in, Facebookin and InstagramFollow and Telegram And YouTube join our channel!
Risk Disclosure: The articles and articles on Kriptokoin.com do not constitute investment advice. Bitcoin and cryptocurrencies are high-risk assets, and you should do your due diligence and do your own research before investing in these currencies. You can lose some or all of your money by investing in Bitcoin and cryptocurrencies. Remember that your transfers and transactions are at your own risk and any losses that may occur are your responsibility. Cryptokoin.com does not recommend buying or selling any cryptocurrencies or digital assets, nor is Kriptokoin.com an investment advisor. For this reason, Kriptokoin.com and the authors of the articles on the site cannot be held responsible for your investment decisions. Readers should do their own research before taking any action regarding the company, assets or services in this article.
Disclaimer: Advertisements on Kriptokoin.com are carried out through third-party advertising channels. In addition, Kriptokoin.com also includes sponsored articles and press releases on its site. For this reason, advertising links directed from Kriptokoin.com are on the site completely independent of Kriptokoin.com’s approval, and visits and pop-ups directed by advertising links are the responsibility of the user. The advertisements on Kriptokoin.com and the pages directed by the links in the sponsored articles do not bind Kriptokoin.com in any way.
Warning: Citing the news content of Kriptokoin.com and quoting by giving a link is subject to the permission of Kriptokoin.com. No content on the site can be copied, reproduced or published on any platform without permission. Legal action will be taken against those who use the code, design, text, graphics and all other content of Kriptokoin.com in violation of intellectual property law and relevant legislation.