Two More Collections Coming To Blur's Blend Platform on Monday

Today, Blur announced that two more collections are coming to the Blend platform on Monday, May 15th.

What It Means

Once again, we'll see what two collections it ends up being and how it affects price action and the respective ecosystem as a whole.

In any case, it seems like it won't be a Memeland collection (based on this tweet from Memeland regarding NFT finance).

❗ Why It Matters

Blur's introduction of Blend at the start of May has been as big of a jolt to the NFT space as the initial month-long delay from April warranted. It wasn't what people expected, and was it really what people needed?

The long-term ramifications (and benefit to prospective buyers that could be liquidated of their initial investment) of Blur lending remain to be seen, but Blur continues to build quickly and adapt on the fly, so they appear up to the challenge.

🎤 Community Quotes

The consensus sentiment from a poll from NFTstatistics.eth appears to be that Blend announcements will lead to short-term pumps before ultimately retracing (with Milady being the exception of the four collections introduced so far, but perhaps that will remain an outlier because of influence from both early $PEPE users and Elon).

🔜 What’s Next?

Those interested can turn on notifications for @blur_io for Monday's reveal, if they haven't already.

🧠 Learn More

Author Bio

Julian Son

NFT analyst

Started out sweating Top Shot queues in Feb 2021. Hoarded Koalas after seeing Gary V bought the #1 rarity Koala, then got rugged hard. Now living next to an underpass in Venice Beach. Loves most sports, except cricket. Hates snakes, SBF, and the IRS.

Disclaimer: The author or members of the Lucky Trader staff may own NFTs discussed in this post. Furthermore, the information contained on this website or the Lucky Trader mobile application is not intended as, and shall not be understood or construed as financial advice. AI may have assisted in the creation of this content.