• Blur, an NFT marketplace, has seen a significant increase in volume since its launch in October.
• According to statistics from Dune Analytics, Blur has captured about 30% of the market share in terms of sales volume.
• Seven-day metrics from dappradar.com indicate that Blur has recorded $33.06 million in NFT sales.
Since its launch in October, the non-fungible token (NFT) marketplace Blur has seen a surge in volume, rivaling industry leader Opensea. Statistics from Dune Analytics show that Blur has captured nearly 30% of the total market share in sales volume, with Opensea still holding the majority at 48%. Seven-day metrics from dappradar.com indicate that Blur has recorded $33.06 million in NFT sales, while Opensea comes in at $112.89 million.
The rise in Blur’s market share is attributed to its upcoming native token launch, which was originally scheduled for January 2023 but has been delayed until February 14th of the same year. Blur has also seen success with its Looksrare NFT marketplace, which had a significant user growth after the platform airdropped 120 million LOOKS tokens, or 12% of the total supply, to its community in 2021.
The platform has seen a steady increase in users as well, with 24-hour statistics showing that Blur’s sales total $5.08 million, compared to Opensea’s $16.24 million. This surge in market share and increasing popularity has made Blur a force to be reckoned with in the NFT marketplace, and is a sign of the future for the world of digital assets.
Blur has made it clear that it is committed to creating an innovative NFT marketplace, and with its upcoming native token launch, it is sure to continue its ascent in the market. With the increasing popularity of NFTs, Blur is sure to be a leader in the space for years to come.