Blur dominates almost 80% of NFT trading volume as market activity spikes

Blur’s NFT marketplace now holds almost 80% of non-fungible token trading volume as activity in the sector spikes. OpenSea’s NFT market share has declined to a low of almost 17% of total trading volum

Blur's Control Over the NFT Market Expands - Paving the Way for Digital Assets.

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With Blur's NFT Market Domination, artists have the power to create, sell, and trade unique and limited-edition digital artworks. Each piece is authenticated through blockchain, ensuring its provenance and value.

Whether you're an art enthusiast looking to own a one-of-a-kind piece or an artist ready to unleash your creative potential, Blur's NFT Market Domination is the platform for you.

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According to The Block's Data Dashboard, November saw $605 million in Ethereum-based NFT trading. That's up from a monthly trading volume of $306 million in October, an increase of almost 100%.

Just four days into December, NFT trading volume for the month has already reached almost $90 million, with nearly $70 million coming from transactions on the Blur NFT marketplace.

Shift from OpenSea Since February of this year, the NFT sector has witnessed a notable market share shift from OpenSea to Blur, with the later marketplace now dominating almost 80% of total trading volume in the Ethereum-based NFT market. OpenSea, the NFT marketplace that was once dominant, has been ceding ground and currently holds around only 17% of NFT trading volume.

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According to The Block's Data Dashboard, there has also been an uptick in trading on Solana-based NFT marketplaces, with daily volumes rising throughout November and into December. On Nov. 30, total trading volume across Solana-based NFT markets stood at $9.3 million, a high not seen since April of this year. The majority of this volume was on Tensor, with over $5 million in daily trades.

Blur, launched in October 2022, is a zero-fee NFT marketplace designed to cater to the needs of professional NFT traders.

Disclaimer: Larry Cermak, CEO of The Block, is an angel investor in Blur.

Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.

Brian McGleenon is a UK-based markets reporter for The Block. He has worked as a financial journalist and producer for multiple news outlets over the years, such as Fuji Television, The Independent, Yahoo Finance, The Evening Standard, and The Daily Express. Brian is also a screenwriter and producer with one feature film produced and one in development with Northern Ireland Screen. Apart from web3 and cryptocurrency developments, he is also interested in geopolitics, environmental issues, artificial intelligence, and longevity research.

Unlocking the Potential

With Blur's NFT Market Domination, the possibilities are endless. Our cutting-edge technology and innovative solutions unlock the potential for artists, collectors, and investors alike.

By leveraging blockchain technology, Blur's NFT marketplace provides a secure and transparent platform for artists to showcase and sell their unique digital creations. With our user-friendly interface and robust features, artists can easily upload their artwork, set their own pricing, and reach a global audience.

For collectors, Blur's NFT Market Domination offers unprecedented access to a diverse range of digital assets. From digital art and music to virtual real estate and virtual goods, our marketplace has something for everyone. With each purchase, collectors receive a verifiable digital certificate of authenticity, ensuring the uniqueness and provenance of their assets.

Investors can also benefit from Blur's NFT Market Domination by participating in the growing digital asset market. As the popularity of NFTs continues to rise, investors can seize the opportunity to diversify their portfolios and potentially generate substantial returns. With our advanced analytics and market insights, investors can make informed decisions and stay ahead of the curve.

Unlock the potential of NFTs with Blur's NFT Market Domination. Join our thriving community, explore new digital frontiers, and experience the future of art, collectibles, and investments.

Revolutionizing the NFT Market

Introducing Blur's NFT Market Domination, the ultimate game changer in the world of non-fungible tokens (NFTs). We are paving the way for a new era of digital ownership and revolutionizing the way artists, collectors, and investors connect.

With Blur's NFT Market Domination, we are redefining the NFT market by offering a marketplace that is secure, transparent, and user-friendly. Our platform provides a seamless and intuitive experience, allowing users to easily buy, sell, and trade NFTs with confidence.

What sets us apart from other NFT marketplaces is our commitment to innovation. We are constantly pushing the boundaries of technology to provide the best possible experience for our users. Our advanced features include real-time tracking of NFT prices, instant settlements, and robust security measures to protect your digital assets.

Artists and creators can showcase their work to a global audience and gain maximum exposure through Blur's NFT Market Domination. Our platform allows them to mint their own NFTs and retain full control and ownership of their digital creations.

Collectors and investors can discover a wide range of unique and rare NFTs on our platform. From digital art, music, and videos to virtual real estate and virtual goods, our marketplace offers something for everyone. Our rating and review system ensures that you can make informed decisions and find the most valuable and authentic NFTs.

Join the NFT revolution with Blur's NFT Market Domination. Experience the future of digital ownership and become a part of the vibrant and dynamic community that is shaping the future of art and commerce.

The Power of Blur's Platform

Blur's NFT Market Domination is more than just a marketplace for buying and selling NFTs. Our platform is designed with a powerful set of features that empower artists, collectors, and traders to maximize their potential and thrive in the NFT space.

1. Seamless NFT Creation and Listing

With Blur's Platform, artists can easily create and list their NFTs, enabling them to showcase their talent and reach a global audience. Our intuitive interface allows artists to upload their artwork, set the desired price, and customize additional details such as royalties and unlockable content.

2. Advanced Trading Tools

Blur's Platform is equipped with advanced trading tools that enhance the buying and selling experience. Our platform supports instant and secure transactions, allowing collectors and traders to quickly acquire or sell NFTs. Additionally, we offer features such as bid and ask orders, price charts, and real-time notifications to help users make informed decisions.

3. Secure and Transparent Transactions

Security and transparency are the pillars of Blur's Platform. We employ state-of-the-art blockchain technology to ensure that every transaction is secure and tamper-proof. By leveraging the blockchain's decentralized nature, we eliminate the need for intermediaries, providing users with full control over their assets and ensuring transparent and verifiable transactions.

Benefits

Blur's Platform

Join the Blur's NFT Market Domination and unlock the true power of the NFT revolution. Start creating, trading, and collecting unique digital assets on our platform today!

The Benefits of Joining Blur's NFT Market

Joining Blur's NFT Market offers numerous benefits that make it the ultimate choice for digital artists and collectors alike.

1. Increased Exposure: By joining Blur's NFT Market, you gain access to a large and diverse community of art enthusiasts and investors. Your creations will be showcased to a global audience, giving you greater visibility and potential for recognition.

2. Secure and Transparent Transactions: Blur's NFT Market leverages blockchain technology, ensuring secure and transparent transactions. Each artwork is represented by a unique token, preventing fraud and unauthorized duplication.

3. Fair Royalties: Blur's NFT Market supports the artists' rights by automatically allocating royalties for every resale or secondary market transaction. This ensures that artists can continue to earn from the value their work generates over time.

4. Ownership and Authenticity: As a member of Blur's NFT Market, you can prove the ownership and authenticity of your digital creations. This provides peace of mind to collectors, knowing that they are acquiring genuine and unique pieces of art.

5. Community Engagement: Joining Blur's NFT Market allows you to connect with fellow artists, collectors, and enthusiasts. You can participate in community events, discussions, and collaborations, fostering creativity and professional growth.

Don't miss out on the incredible opportunities that Blur's NFT Market provides. Join today and be part of a revolutionary ecosystem that empowers digital artists and enriches the world of art.

Exclusive Access to Top Artists

Blur's NFT Market Domination offers you a unique opportunity to gain exclusive access to the most sought-after artists in the industry. Our platform connects collectors directly with top artists, allowing you to discover and own their exclusive digital creations.

Discover the Latest Masterpieces

Stay ahead of the curve and explore the latest masterpieces created by the world's leading artists. Our platform showcases a wide range of digital artwork, including paintings, sculptures, and interactive pieces.

Connect with Renowned Artists

Interact and engage with renowned artists who are pushing the boundaries of creativity. Gain insights into their artistic process and the inspiration behind their work. This exclusive access allows you to form a deeper connection with your favorite artists and expand your art collection with their limited edition NFTs.

Invest in the Future of Art

By participating in Blur's NFT Market Domination, you are not just collecting unique digital assets, but also supporting the evolution of the art world. NFTs provide artists with new opportunities to monetize their work and reach a global audience, while collectors can enjoy true ownership of digital artwork.

Don't miss out on this exclusive chance to connect with top artists and own their digital creations. Join Blur's NFT Market Domination today and become a part of the future of art!

Increased Visibility and Exposure

With Blur's NFT Market Domination, you can take advantage of increased visibility and exposure for your art or collectibles. Our platform offers a wide range of features and tools that can help you showcase your NFTs to a larger audience.

By listing your NFTs on Blur's marketplace, you can reach a global community of art enthusiasts and collectors who are actively searching for unique digital assets. Our user-friendly interface and intuitive search options make it easy for potential buyers to discover your work.

Furthermore, Blur's NFT Market Domination provides various promotional opportunities to boost your visibility. Our marketing team actively promotes featured NFTs through social media campaigns, influencer collaborations, and targeted advertisements. This ensures that your art receives maximum exposure and reaches the right audience.

Whether you're an established artist or just starting, our platform offers equal opportunities for everyone to gain visibility. We believe that every piece of digital art deserves recognition, and we strive to create a community that appreciates and supports the unique creations of talented artists.

Don't miss out on the chance to showcase your art to a wider audience. Join Blur's NFT Market Domination today and take your visibility and exposure to new heights.

Seamless Buying and Selling Experience

At Blur's NFT Market, we are committed to providing a seamless buying and selling experience for our users. Whether you are an artist looking to sell your digital work or a collector searching for unique NFTs, our platform offers a user-friendly interface and a secure marketplace.

Our intuitive design allows users to navigate the platform with ease. With just a few clicks, you can browse through thousands of NFTs, filter by category or price, and discover new and exciting creations.

Secure Transactions

Your peace of mind is our top priority. Utilizing advanced blockchain technology, we ensure that every transaction made on our platform is secure and transparent. Say goodbye to worries about fraud or counterfeits - our marketplace verifies each NFT's authenticity, giving you the confidence to buy and sell with peace of mind.

Join the Blur's NFT Market today and experience the seamless buying and selling process yourself. Discover stunning digital artwork, engage with a vibrant community of artists and collectors, and turn your digital creations into valuable assets.

What is Blur's NFT Market Domination about?

Blur's NFT Market Domination is a guide that provides insights and strategies for dominating the NFT market. It covers topics such as finding and investing in valuable NFTs, building a strong NFT collection, and optimizing profitability in the NFT space.

Who is the author of Blur's NFT Market Domination?

The author of Blur's NFT Market Domination is an experienced NFT investor and enthusiast who has achieved significant success in the NFT market. The author shares their knowledge and strategies in this guide to help others succeed in the NFT space.

What makes Blur's NFT Market Domination unique?

Blur's NFT Market Domination stands out from other guides on the same topic due to its comprehensive and practical approach. It provides step-by-step instructions, real-life examples, and insider tips that can give readers a competitive edge in the NFT market.

Is Blur's NFT Market Domination suitable for beginners?

Yes, Blur's NFT Market Domination is suitable for beginners. While it covers advanced topics, it also includes introductory information for those who are new to the NFT market. The guide provides a solid foundation and walks readers through the basics before diving into more complex concepts.

Last updated 4 months ago