Pro
NFTsLending

Blur, Financialization, and Renewed Interest in NFTs

Key Insights

  • Blur has quickly come to dominate NFT volume since its launch in October, dethroning OpenSea.
  • Blur’s specific focus on UI features such as sweeping and sniping has immediately found a fit with high-volume traders.
  • Demand for NFT financialization tools will likely rise as HODLers hunt for liquidity.

In the latter part of the year, NFT volumes declined, but there are early signs that volumes may recover as marketplaces with improved user interfaces and innovative models start to attract veteran traders.

NFTs for the Pro Trader

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Eshita is a Research Analyst at Messari focused on Web3 topics. Previously, she was a Venture Fellow at Bloomberg Beta and prior to that was working on data at Shareworks by Morgan Stanley.

Mentioned Assets
Outline
  • Key Insights
  • NFTs for the Pro Trader
  • On NFT Financialization
  • Parting Thoughts
Author
Eshita is a Research Analyst at Messari focused on Web3 topics. Previously, she was a Venture Fellow at Bloomberg Beta and prior to that was working on data at Shareworks by Morgan Stanley.
Mentioned Assets