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The Blockcrunch Podcast
Are NFTs Coming Back? Interview with Blur Founder - Pacman, Blur, Ep. 248
Oct 31, 2023
46:22
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Founder of Blur, Pacman, discusses why NFTs are not dead, how Blur surpassed OpenSea, user behavior in market conditions, sustainability of Blur's program, key KPIs, stance on royalties, and future plans. Insightful discussion on the NFT market outlook and Blur's innovative approach.
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Quick takeaways
- NFTs are not dead but experiencing a cooldown in hype, influenced by market cycles.
- Blur successfully targets pro traders, emphasizing platform quality over token rewards for sustained success.
Deep dives
NFTs and the Cyclical Crypto Market
NFTs have not died out, but the hype around them has cooled down. The crypto market operates in cycles, with bull and bear runs influencing the market. While NFT volumes have decreased, a few companies, like Blur, continue to build exciting products. Blur, the largest NFT exchange by volume, aims to bring institutional-grade infrastructure to the NFT market. The market's future resurgence is unpredictable, but Blur focuses on scalability and creating a robust platform to support increased activity.
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