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Analyst: Ben Giove
Blur is an Etheruem-based NFT marketplace and aggregator. Blur enables users to trade NFTs on other marketplaces such as OpenSea and LooksRare, as well as on Blur itself via bidding pools, which traders can use in order to easily place bids on NFTs.
Blur has grown dramatically over the past several months. The marketplace has facilitated $2.9B in volumes since its launch in October 2022 During this time, Blur has seen its market-share of NFT trading volumes on Ethereum grow from 7.5% to 77.3%. There is currently $128.2M of ETH locked in the Blur bidding pool.
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