The value created by BLUR is far greater than the market value of tokens on the surface. First of all, BLUR’s pioneering trading method has activated the vitality of NFT blue chips, which has led to a significant increase in the price and trading volume of many blue-chip NFTs. Secondly, it has made the competitiveness of the NFT track industry more prominent. Before opensea It can be said to be the dominant player in the NFT trading market. Although the later challengers X2Y2, LooksRare, and sudoswap were all the rage, they still cannot shake their dominance.
But BLUR is different. It has surpassed opensea in terms of transaction volume, and its popularity has remained so far. Although there is still a gap with it, the gap is also narrowing. As far as project valuation is concerned, the total amount of BLUR tokens is 3 billion, and the listing price is not considered the highest price. Based on the current price of about 1 U, the market value of FDV has reached 3 billion US dollars, and the market value in circulation is calculated based on the total amount of 300 million tokens. That's $300 million. It has defeated many well-known WEB3 projects, and left the traditional web2 companies behind. This is the charm of web3.
The last thing that people talk about the most is that they have created many airdrop myths about getting rich. This circle will give generous rewards to those who are diligent and unique.
After the above brief summary of blur, blur deserves our continuous attention in the future, so the purpose of our article today is to discover the next Nftfi potential project. NFTfi is the combination of NFT and DeFi, the purpose is to solve the problem of low liquidity in the NFT market.
1. GEM.xyz
NFT aggregator, currently Gem has been acquired by opensea, I don’t know if it’s because of the father of the funder, the social platform is not as active as before, and the popularity has dropped a lot compared to before. But Gem is still pretty good. Since the launch of the platform, Gem has accumulated a transaction volume of over 1.1 million ETH.
2. Element NFT Marketplace
In the multi-chain aggregated NFT market, with the launch of the BLUR airdrop, everyone turned their attention to Element, and the official also tweeted that a token economic model considering the launch of ELE will be launched soon. This caused the trading volume of the platform to jump. In May 21, the project completed a financing of US$11.5 million. The participating institutions include SIG Heiner Asia Venture Capital Fund, Dragonfly, Draper Dragon, INCE Capital, and Sequoia China. You can participate in the transaction and brush it appropriately.
3. Sudoswap
SudoSwap is an NFT DEX based on the AMM trading protocol. It was a phenomenal project that was once very popular. Due to the unsatisfactory airdrop, the active transaction volume dropped sharply. Because the players participated in it and did not get a reasonable distribution, XMON holders distributed The share is too large, and the user hardly gets anything. The initial supply of SUDO is 60 million pieces, and the transaction has not yet been opened, but the market has cooled by half, and the performance of the token should be unsatisfactory.
4. BendDao
NFT liquidity protocol that supports instant NFT-backed loans, collateral listings, and NFT down payments. No fundraising, it is currently the leading project of NFT lending, the market value of BEND token circulation is 9 million US dollars, the market value is relatively low, the increase has nearly doubled in the past 30 days, and the TVL is $ 237.5 M. It has not been listed on a large exchange, and the space potential is relatively large
5. ParaSpace
Launched by the Polkadot-based DeFi protocol Parallel Finance team, in terms of NFT lending, it currently ranks second with TVL$ 55.73 m, which can be regarded as a late star. There are no tokens issued yet, you can pay attention to use them, there may be airdrops in the future. Compared with BendDAO, its model is a cross-margin cross-margin leverage model, and the team behind ParaSpace has received an investment of 29 million US dollars, including Polychain Capital, Slow Ventures, Coinbase, StarkWare and other star investment institutions. Lots of potential.
6. Tribe 3
In a gamified NFT futures exchange, users can use leverage to trade NFT perpetual contracts. In addition to being an NFT futures exchange, it also has NFT games and social functions. The current investment institutions include Spartan Group, IVC, Newman, etc. The gameplay is relatively new. The main network of Tribe 3 will be launched before the end of March, and the test network is now open to all users https://testnet.tribe 3.xyz/ Interested parties can Get involved.
7 . NFEX
The NFT derivatives exchange recently announced that it has completed a financing of US$3 million. ABCDE Capital, Amber Group, etc. participated in the investment. Now the test network has been launched, and you can join the official website for details.
In fact, everyone in the market is still paying more attention to NFT exchanges, but many people are looking forward to the airdrops issued by Opensea. After all, the market valuation of Opensea has reached tens of billions. Before the next round of bull market comes, there should be news. It will be the period when NFT explodes.
