Nonfungible token marketplace Blur, which once overtook OpenSea as the largest NFT marketplace by trading volume, says it is shutting down its website next month — and some NFT collectors couldn’t be happier.
Blur made the announcement on X on Monday, its first post on the platform in more than a year. It said the frontend will shut down on Nov. 12, while its onchain marketplace will remain operational.
Blend, a peer-to-peer perpetual NFT lending protocol, will also stop matching new loans. Blur said borrowers have until Nov. 12 to repay outstanding loans or allow them to default. It also promised a withdrawal interface after the shutdown.
“Good riddance. You destroyed NFTs. Please shut down and never come back,” said NFT collector Cryptobscure in a reply to the post on X.
“You may not have been able to complete your mission to destroy NFTs. But you acted with extreme determination and tried everything. Congratulations…
