Blur NFT Market Launches Popular Collection Feature and Ranks Second in Gas Expense Consumption

02/17/2023 03:11 • Metaverse & Beyond • 150 views

It is reported that Blur, the NFT market, announced the launch of a new feature of “popular collection” on its official website. Users can directly track relevant NFT series. In addition, according to the gas expense data displayed by Blur, the gas expense consumption of its platform has exceeded Tether and Seaport 1.1, second only to Uniswap.

Blur Launches New Feature “Popular Collection”

Interpretation of the news:

Blur, an NFT market, has announced the launching of a new feature called “popular collection” on its website. With this feature, users can easily track relevant NFT series on the platform. This update builds on the goal of increasing user experience and convenience, which many NFT marketplaces are also prioritizing. By highlighting popular collections, users can easily navigate through the platform and find the NFTs they are interested in buying or selling.

In addition, the gas expense data displayed by Blur indicates that its gas expense consumption has exceeded that of Tether and Seaport 1.1, ranking second only to Uniswap—the popular decentralized exchange that has been leading the market in trading volumes. Gas expenses are transaction fees that network users pay to process smart contracts on the Ethereum blockchain. The use of Ethereum-based smart contracts to create and trade NFTs has led to a surge in gas expenses throughout the NFT market.

The high gas expense consumption shows that the Blur NFT marketplace has been experiencing significant user activity, and it is gaining traction among NFT enthusiasts. It also proves that the gas expense market is expanding rapidly as more NFT marketplaces are emerging. Interestingly, Blur’s gas expense data shows that they are ahead of Tether, a leading stablecoin, in terms of usage in the Ethereum network.

Being second to Uniswap, which is expected given the nature of their products, is still impressive for an NFT marketplace. This indicates that Blur has managed to capture a significant share of the NFT market’s user base. With the launch of the popular collection feature and the success of the platform in terms of gas expense consumption, the future of Blur NFT market looks promising.

In conclusion, increasingly, NFT marketplaces are making user experience and convenience a priority, and Blur has joined the trend. The gas expense data also shows that the NFT market is rapidly expanding, and Blur is among the top marketplaces in terms of gas expense consumption. Blur’s popularity is increasing among NFT enthusiasts, and with the recent update, it is poised for even more growth.

Overall, the combination of the Popular Collection feature and the high gas expense ranking makes Blur a promising platform within the NFT market.

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Blur NFT Market Launches Popular Collection Feature and Ranks Second in Gas Expense Consumption

Blur Launches New Feature “Popular Collection”

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