NFT Marketplace Blur to Shut Down Website, Stop New Blend Loans Next Month
Summary
NFT marketplace Blur plans to close its website and halt new lending services next month. This decision follows a severe drop in digital collectible trading activity compared to the market highs seen in previous years.
The shutdown comes as NFT trading volumes have collapsed from their 2021-2022 peak, with market revenue projected at $318 million this year.
Source: Read the full story at Decrypt
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