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Point of View: Why is Blur's halving revenue execution delayed and more in line with the long term

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What Blur has done is introduce liquidity to the NFT, making it easier for big players to participate. In the short term, the downside is that the whale controls price /floor volatility.
Original author: 0xWizard



Blur failed to halve revenue as expected, delaying by a month. The comments are full of curse words. fuck blur has become politically correct in the NFT world. Here are some of my thoughts.


Miner:


understand@machibigbrotherAs a representative of the big miners (brush airdrop), why are dissatisfied? The advantages of the front brush airdrop were diluted by a month's extension of the double reward, and the interests were damaged, which is like the project party in the gaming miners, the perception is not good.


Blur

https://twitter.com/blur_io/status/1640783834223456320


NFT Players:


The comments were filled with complaints and abuse, generally stating that blur had "ruined the NFT market" and specifically accusing blur of introducing the following issues:


1) Let playing NFT from collecting to trading and grinding air drop game, not pure once;


2) The whale controls the NFT market price;


3) The floor price falls (fluctuates wildly);


I have some thoughts and doubts about the above questions


1) If you are a collector, you don't seem to have to pay attention to short-term fluctuations in prices and what other people in the community think, just work with people who share the same values;


2) The fact that the whale controls the market price is the same everywhere. The price of cex is the same, but it is not as clear as on the chain;


3) floor price fell, nothing more than the previous NFT whale liquidity is not good, shipment is not convenient, fall a little slower. Bad projects, sooner or later return to zero; Really good project, also not afraid of short-term collapse.


What blur has done is introduce liquidity to the NFT, making it easier for big players to participate. In the short term, the downside is that the whale controls price /floor volatility.


If this pattern holds, in my view, the long-term benefits for the NFT market outweigh the drawbacks:


For some NFT, artistic attributes dominate; A large proportion of NFT are mainly financial and trading attributes.


For the latter, improved liquidity, making it easier for anyone to get in and out, especially the big guys, would bring more fresh liquidity to the market.


Once the os model, the bull market all dare not enter, lack of liquidity, unable to enter and exit large funds, who dare to trade. Even in the 21-year NFT bull market, if you dare to invest a little more money in NFT, you will be an exit liquidity. Only small funds can have profit opportunities.


Instead of just blaming blur, there should be a little more tolerance and further observation that good mobility will lead to real long-term prosperity for NFT.


After observing the announcement, blur's tvl did not decline significantly. It seems that most miners, though dissatisfied, still accepted it; Well, the real needs of the maker didn't leave.



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