NFT marketplace Blur will shut down its website at blur.io on November 12, while keeping its protocol operational on-chain. Its NFT lending platform Blend will stop matching new loans on the same date, requiring borrowers to repay or allow their loans to default before the deadline. Global NFT market revenue is projected at $318.3 million in 2026, well below its peaks in 2021 and 2022. Monthly NFT sales volume fell to $167.2 million in September, down from $554.8 million a year earlier and $1.78 billion in December 2023.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
