{"id":4980,"date":"2023-03-19T12:00:48","date_gmt":"2023-03-19T12:00:48","guid":{"rendered":"https:\/\/nft.runfyers.com\/index.php\/2023\/03\/19\/blur-nft-marketplace-under-scrutiny-for-possible-market-manipulation\/"},"modified":"2023-03-19T12:00:48","modified_gmt":"2023-03-19T12:00:48","slug":"blur-nft-marketplace-under-scrutiny-for-possible-market-manipulation","status":"publish","type":"post","link":"https:\/\/nft.runfyers.com\/index.php\/2023\/03\/19\/blur-nft-marketplace-under-scrutiny-for-possible-market-manipulation\/","title":{"rendered":"Blur NFT Marketplace Under Scrutiny For Possible Market Manipulation"},"content":{"rendered":"<p><\/p>\n<div>\n<p>The NFT market has experienced a surge in activity, with the four-month-old marketplace Blur surpassing former market leader OpenSea in trading volume. Despite its success, some have been raised about the legitimacy of Blur\u2019s trading volume, with CryptoSlam claiming suspicious activity and market manipulation.<\/p>\n<figure id=\"attachment_96696\" aria-describedby=\"caption-attachment-96696\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><picture decoding=\"async\" class=\"wp-image-96696 size-full\"><source type=\"image\/webp\" data-lazy-srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/blur-scaled.jpeg.webp 1200w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/blur-300x150.jpeg.webp 300w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/blur-768x384.jpeg.webp 768w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/blur-112x56.jpeg.webp 112w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/blur-150x75.jpeg.webp 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/blur-450x225.jpeg.webp 450w\" srcset=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%201200%20600'%3E%3C\/svg%3E\" data-lazy-sizes=\"(max-width: 1200px) 100vw, 1200px\"\/>\n<\/picture>\n<noscript><picture decoding=\"async\" class=\"wp-image-96696 size-full\"><source type=\"image\/webp\" srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/blur-scaled.jpeg.webp 1200w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/blur-300x150.jpeg.webp 300w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/blur-768x384.jpeg.webp 768w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/blur-112x56.jpeg.webp 112w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/blur-150x75.jpeg.webp 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/blur-450x225.jpeg.webp 450w\" sizes=\"(max-width: 1200px) 100vw, 1200px\"\/><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/blur-scaled.jpeg\" alt=\"Blur nft marketplace logo\" width=\"1200\" height=\"600\" srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/blur-scaled.jpeg 1200w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/blur-300x150.jpeg 300w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/blur-1024x512.jpeg 1024w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/blur-768x384.jpeg 768w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/blur-112x56.jpeg 112w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/blur-150x75.jpeg 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/blur-450x225.jpeg 450w\" sizes=\"(max-width: 1200px) 100vw, 1200px\"\/>\n<\/picture>\n<\/noscript><figcaption id=\"caption-attachment-96696\" class=\"wp-caption-text\">Blur trading volume comes into question. Source: BLUR<\/figcaption><\/figure>\n<h2><span id=\"Blur_NFT_MarketBoom_NFT_Marketplace_Outshines_OpenSea_Amid_Fee_Frenzy\"><strong>Blur NFT MarketBoom: NFT Marketplace Outshines OpenSea Amid Fee Frenzy<\/strong><\/span><\/h2>\n<p>Recent data reveals that the <a href=\"https:\/\/nftevening.com\/blur-marketplace-explained-what-you-should-know\/\" target=\"_blank\" rel=\"noopener\">Blur<\/a> NFT marketplace has achieved an impressive sales volume of $1.88 billion in the last 30 days, compared to <a href=\"https:\/\/nftevening.com\/what-is-opensea-a-guide-to-the-most-popular-nft-marketplace\/\" target=\"_blank\" rel=\"noopener\">OpenSea\u2019s<\/a> $474.58 million. Some attribute Blur\u2019s rise to prominence to its polished interface, robust analytical tools, swift trade execution capabilities, and zero platform fees. However, the competition among NFT marketplaces has raised questions with regard to fees and royalties, negatively affecting the NFT ecosystem.<\/p>\n<h2><span id=\"Blur_Trading_Volume_Under_Fire_CryptoSlam_Exposes_Suspected_Market_Manipulation\"><strong>Blur Trading Volume Under Fire: CryptoSlam Exposes Suspected Market Manipulation<\/strong><\/span><\/h2>\n<p>Crypto Slam has called Blur\u2019s impressive trading volume <a href=\"https:\/\/www.forbes.com\/sites\/digital-assets\/2023\/03\/17\/what-blurs-success-reveals-about-nft-marketplaces\/?sh=2485196189fc\" target=\"_blank\" rel=\"noopener\">into question<\/a>. They claim that only 1% of high-value traders are responsible for the bulk of trading activity on the platform. CryptoSlam identified over $577 million in wash-traded NFTs between February 14th and February 25th. As so, it has removed these transactions from its data and accusing Blur of misrepresenting the NFT market. Data engineer Scott Hawkins from CryptoSlam stated:<\/p>\n<blockquote>\n<p>\u201cWhat we are finding is that this is artificially propping up sales volume in a very disingenuous way for the entire NFT market.\u201d<\/p>\n<\/blockquote>\n<p>Despite Blur NFT marketplace\u2019s high trading volume, OpenSea still has more users, with 294,146 users in the last 30 days compared to Blur\u2019s 113,886. Critics argue that a small percentage of wallets on Blur are responsible for the majority of transactions, casting doubt on the marketplace\u2019s overall success.<\/p>\n<h2><span id=\"Blur_Volume_Fact_or_Fiction_Dissecting_NFT_Trading_Trends\"><strong>Blur Volume: Fact or Fiction? Dissecting NFT Trading Trends<\/strong><\/span><\/h2>\n<p>A <a href=\"https:\/\/www.youtube.com\/watch?v=prMP3ALHE-w\" target=\"_blank\" rel=\"noopener\">recent video<\/a> by Youtuber PROOF discusses if the Blur volume is real. The video discusses various topics including the trading volume on the platforms OpenSea and Blur. It also delves into the behavior of long-term holders on Blur. The presenter analyzes data and charts to determine what is driving the trading volume on Blur NFT matrket.<\/p>\n<p><noscript><iframe loading=\"lazy\" title=\"Is the Blur Volume Real? | BrainDrops Go Parabolic | Notable Sales\" width=\"696\" height=\"392\" src=\"https:\/\/www.youtube.com\/embed\/prMP3ALHE-w?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen><\/iframe><\/noscript><\/p>\n<p>The video does not suggest that the volumes of the Blur NFT market are fake. Instead, the presenter discusses whether flippers or real buyers are driving the trading volume on Blur. It also investigates the impact of the incentives provided by Blur\u2019s airdrop program on trading behavior.<\/p>\n<h2><span id=\"Blurs_Battle_Navigating_NFT_Growth_Amid_Manipulation_Concerns\"><strong>Blur\u2019s Battle: Navigating NFT Growth Amid Manipulation Concerns<\/strong><\/span><\/h2>\n<p>As the NFT market continues to evolve, Blur\u2019s <a href=\"https:\/\/nftevening.com\/blur-nft-marketplace-to-be-valued-at-1-billion-usd\/\" target=\"_blank\" rel=\"noopener\">future success<\/a> hinges on its ability to address concerns surrounding potential market manipulation and maintain its competitive edge. Both skeptics and supporters have been analyzing trading volume and user behavior. It remains to be seen whether Blur can sustain its growth and emerge as a trusted marketplace for NFT enthusiasts.<\/p>\n<div class=\"bottom-text__subscribe\">\n<div id=\"mlb2-5802138\" class=\"ml-form-embedContainer ml-subscribe-form ml-subscribe-form-5802138\">\n<div class=\"ml-form-align-center\">\n<div class=\"ml-form-embedWrapper embedForm\">\n<div class=\"ml-form-embedBody ml-form-embedBodyHorizontal row-form\">\n<div class=\"ml-form-embedContent\" style=\"\">\n<h4><span id=\"Join_Our_New_To_The_Moon_daily_Newsletter\">Join Our New &#8220;To The Moon&#8221; daily Newsletter<\/span><\/h4>\n<p>Get our free, 5 minutes daily newsletter. Join 25,000+ NFT enthusiasts &amp; stay on top \ud83d\udc4a\ud83c\udf1a<\/p>\n<\/div>\n<\/div>\n<div class=\"ml-form-successBody row-success\" style=\"display:none\">\n<div class=\"ml-form-successContent\">\n<h4><span id=\"Thank_you\">Thank you!<\/span><\/h4>\n<p>You have successfully joined our subscriber list.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><img loading=\"lazy\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" width=\"1\" height=\"1\" style=\"max-width:1px;max-height:1px;visibility:hidden;padding:0;margin:0;display:block\" alt=\".\" border=\"0\" data-lazy-src=\"https:\/\/track.mailerlite.com\/webforms\/o\/5802138\/c5t4g8?v1668587371\"\/><noscript><img loading=\"lazy\" src=\"https:\/\/track.mailerlite.com\/webforms\/o\/5802138\/c5t4g8?v1668587371\" width=\"1\" height=\"1\" style=\"max-width:1px;max-height:1px;visibility:hidden;padding:0;margin:0;display:block\" alt=\".\" border=\"0\"\/><\/noscript><\/p>\n<div class=\"bottom-text__wrapper post-content\">\n<p>\u00a0<\/p>\n<hr\/>\n<p><em>All investment\/financial opinions expressed by NFTevening.com are not recommendations.<\/em><\/p>\n<p><em>This article is educational material.<\/em><\/p>\n<p><em>As always, make your own research prior to making any kind of investment.<\/em><\/p>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/nftevening.com\/blur-nft-marketplace-under-scrutiny-for-possible-market-manipulation\/\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The NFT market has experienced a surge in activity, with the four-month-old marketplace Blur surpassing former market leader OpenSea in trading volume. Despite its success, some have been raised about the legitimacy of Blur\u2019s trading volume, with CryptoSlam claiming suspicious activity and market manipulation. Blur trading volume comes into question. Source: BLUR Blur NFT MarketBoom: [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4982,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[9],"tags":[21],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/blur-scaled.jpeg","jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/4980"}],"collection":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/comments?post=4980"}],"version-history":[{"count":0,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/4980\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/4982"}],"wp:attachment":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=4980"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=4980"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=4980"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}