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MARKETPLACE November 2022

What is Blur? OpenSea's competitor sweeping the NFT marketplace

OpenSea has long been the leading NFT (non-fungible token) marketplace for artists and collectors. However, a new platform called Blur is gaining traction in the NFT industry, offering a simpler user experience and lower fees.

Blur launched in 2021 and has since gained a huge following thanks to its simplified approach to buying and selling NFTs. Unlike OpenSea, which allows the sale of a wide variety of NFTs, Blur focuses on digital art pieces and collectibles, which makes the platform easier for users to navigate.

In addition, Blur charges a fee of only 2.5% per transaction, compared to the 2.5% fee plus Ethereum gas fee that OpenSea charges sellers. This makes selling NFT on Blur more profitable for artists and collectors.

Blur is also notable for its "collections" feature, which allows users to group multiple pieces of art or collectibles in one place. This makes it easier for collectors to find pieces that fit their interests and for artists to promote their collections.

Although Blur does not yet have the same number of users as OpenSea, its growing popularity shows that NFT users are looking for alternatives to the more established marketplaces. With its simplified approach and lower fees, Blur could be a force to be reckoned with in the NFT industry.

In conclusion, Blur is quickly becoming a serious competitor to OpenSea in the NFT market. Its focus on digital art pieces and collectibles, lower fees and collections features are gaining a following and could change the way users buy and sell NFTs in the future.

NFT Trends

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