Blur to Close Website Nov. 12 After NFT Volume Collapses 99.5%

Blur will deprecate its blur.io frontend on November 12, ending direct website access to its NFT marketplace while leaving the underlying Ethereum protocol operational. In an official announcement , the team said BLUR holders will retain control of the protocol’s fee switch. Blend, its peer-to-peer NFT lending product, will stop matching new loans on the same date. The shutdown affects Blur’s frontend and new Blend lending activity, not the marketplace’s onchain smart contracts. Borrowers must repay outstanding loans or allow them to default before the deadline as the transition begins.

Source: Crypto Economy