NFT marketplace blur_io is rolling out Blend, a peer-to-peer NFT lending platform allowing traders to optimize liquidity within the market. camgthompson reports:
Called Blend, short for Blur Lending, the platform is intended to allow traders to maximize NFT liquidity by allowing buyers to put up collateral for their token purchases.
Blur posted a Twitter thread sharing the details of the product, explaining how the product will help open opportunities for lenders and borrowers seeking to enter the market.. “Many may want to buy into a collection, but very few can afford to pay it all at once. The solution is NFT lending.” Blur said the product was created in collaboration with Dan Robinson, head of research at venture capital firm Paradigm and investor in decentralized exchange (
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