Blur is a NFT marketplace on the Ethereum network. It quickly became popular for NFT trading, especially among expert traders.
What is Blur
Here's how it works:
-
Batch Transactions: Users can make multiple trades at once, making trading faster and easier.
-
Floor-Sweeping: This feature helps traders buy the cheapest NFTs quickly.
-
Order Book Transactions: Offers a detailed view of buy and sell orders for better trading decisions.
-
Integration with Other Marketplaces: Allows trading across different platforms without leaving Blur, making it more convenient and fluid.
-
Blend Feature: A special part of Blur that lets people lend and borrow NFTs. It's like making a small initial payment to get a high-value NFT, similar to a down payment for a house.
In summary, Blur is designed for serious NFT traders, offering advanced features for quick and efficient trading. It also includes a unique lending platform, making high-value NFTs more accessible to everyone.
Team of Blur
Tieshun Roquerre
Founder
Tieshun worked as a software engineer at the e-commerce site Teespring and subsequently dropped out of high school. He then cofounded StrongIntro and took it through the Y Combinator startup accelerator. Roquerre then did a two-year education at the Massachusetts Institute of Technology (MIT) before dropping out to found crypto domain startup Namebase, which he raised $5 million for and then sold to Namecheap within three years.
Blur review
Pros
Advanced features
Batch transactions allow users to handle complex tasks easily, improving trading efficiency with less effort.
Market access
It offers a gateway to various NFT platforms, simplifying trading by centralizing access.
Lending option
Users can get ETH loans using NFTs as collateral, offering a unique borrowing method within its system.
Low costs
Trading here doesn't cost users extra fees, and paying royalties is up to them, making transactions more affordable.
Cons
High competition
It faces tough competition from established marketplaces, which could impact its growth and user base.
Platform reliance
Its success depends on other NFT platforms. Issues there could directly affect its operation and reliability.