Oct 31, 2023
The trading volume of NFTs has markedly decreased since the previous bull market, with a recent figure of merely $37 million per week, a sum that constitutes less than 1% of Bitcoin's daily trading volume. This downturn begs the question: are NFTs facing extinction, or is there potential for resurgence?
Joining us today is Tieshun, widely recognized as Pacman on Twitter and notably the founder of Blur, the singular NFT marketplace that triumphed over Opensea to talk about:
Why NFTs are not dead
How Blur successfully dethroned OpenSea
Outlook for the NFT market and
Blur
Host: Jason Choi @mrjasonchoi . Not financial
advice.
Timestamps:
(00:00:00) – Episode Introduction
(00:01:33) – Pacman’s Web 3 journey
(00:07:31) – How to revive the NFT markets
(00:12:39) – User behaviour in bull vs bear market
(00:14:52) – How Blur dethroned OpenSea
(00:19:59) – Sustainability of Blur’s incentive program
(00:27:33) – Key KPIs that matters
(00:35:53) – Blur’s stance on royalties
(00:42:34) – Blur’s future plans
More Resources:
Guest
Pacman’s Twitter: https://twitter.com/PacmanBlur
Blur’s Twitter: https://twitter.com/blur_io
Blockcrunch
Blockcrunch VIP: https://blockcrunch.substack.com/
Blockcrunch Twitter: https://twitter.com/theBlockcrunch
Jason Choi’s Twitter: https://twitter.com/mrjasonchoi
Disclaimer:
The Blockcrunch Podcast (“Blockcrunch”) is an educational resource intended for informational purposes only. Blockcrunch produces a weekly podcast and newsletter that routinely covers projects in Web 3 and may discuss assets that the host or its guests have financial exposure to. Views held by Blockcrunch’s guests are their own. None of Blockcrunch, its registered entity or any of its affiliated personnel are licensed to provide any type of financial advice, and nothing on Blockcrunch’s podcast, newsletter, website and social media should be construed as financial advice. Blockcrunch also receives compensation from its sponsor; sponsorship messages do not constitute financial advice or endorsement.
Full disclaimer: https://blockcrunch.substack.com/about