The Buzz and Concerns Surrounding NFTs
From Blend to Hoopas: Unveiling Trends and Emerging Opportunities
Russian DeFi
May 15, 2023
NFTs have been all the rage lately, but are we headed toward a bear market📊?
📉Let's explore the possibility and what it means for investors and creators alike. Buckle up, from the reads below, it's a wild ride already!
1. New Developments: Introducing Blend by Blur
Blur made an exciting announcement about their new platform, "Blend," which introduces peer-to-peer perpetual lending for NFTs. Learn more about this groundbreaking innovation in the tweet by Dancing Eddie.
WOW
@blur_io JUST ANNOUNCED "BLEND"
"Peer-to-Peer Perpetual Lending for NFTs."
but what does that mean?
⤹🧵 https://t.co/WaGZeHU6hE https://t.co/8DbyG8C11B— Eddie 🕺 (@DancingEddie_)
May 1, 2023
2. The Culture of NFTs: Alive or Fading?
While some argue that NFTs will never reach their former peak, there are differing opinions about the current state of the NFT culture. To gain clarity on this matter, read the insightful analysis shared by wale.swoosh.
NFTs are not dead.
When in doubt, read this 🧵👇
(1/14) https://t.co/OQjbggEgR0
— wale.swoosh 🐳 (@waleswoosh)
Apr 26, 2023
3. NFT Lending Protocol: Expanding Opportunities with Blend
Continuing with the developments from @blur_io, their lending protocol, Blend, has started offering loans on three collections, with plans to include more in the near future. Find out more about this expansion in the tweet shared by Top Smoke
Blend, @blur_io's NFT lending protocol, just came out.
Here's how to leverage trade NFTs 🧵👇
(1/8) https://t.co/l7kghcm50R
— Top Smoke (@realtopsmoke)
May 1, 2023
4. The Future of Solana NFTs: The Rise of Hoopas
The Solana blockchain has seen significant growth in its NFT ecosystem. In this regard, QuantPIXL discusses the potential impact of Hoopas and their role in filling up the pace of the Solana NFTs. Read more about it in the tweet:
The Hoopas are coming to Solana🫶
This is exactly what Solana NFTs need.
Why? A Thread.🧵 https://t.co/5UJfJQyNdG
— Quant (@QuantPIXL)
Apr 23, 2023
5. Self-Branding in NFTs: A Guide to Success
Building a strong personal brand is crucial in the NFT space. TEE provides valuable advice, emphasizing the importance of a simple and concise Twitter name. Explore more guides on self-branding using the link shared in the tweet:
gm what is self branding in NFTs?
Thread: 🧵 https://t.co/QZFsSsX32p
— TEE 🧊 (@ikuzoeth)
Apr 26, 2023
6. The Value of NFTs: Beyond Financials and Emotional Connection
Amidst discussions of market trends, it's essential to remember the emotional connection and unique value that NFTs bring. Minh highlights the incomparable blend of financial and emotional significance in NFTs. Discover more insights in the tweet:
NFTs are NOT going to zero.
This is why
⤹🧵 https://t.co/eeL2M19aCN— Minh (@MINHxDYNASTY)
Apr 27, 2023
7. The Solana NFTs Market: Momentum and Potential Slowdown
After the surge in popularity of MadLadsNFT, the Solana NFTs market has faced speculation about a potential slowdown. However, Levis assures that it's only a matter of time before the next bull run takes place. Stay informed about the latest developments and market trends to navigate the ever-changing landscape of Solana NFTs. Check out the tweet by Levis for further insights:
Why the Solana NFTs market dying again after the @MadLadsNFT momentum?
A thread 🧵
1/9 https://t.co/UGVaGXjdGc— Levis (@LevisNFT)
Apr 30, 2023
8. The Blur Halvening: Exploring the Impact
The concept of halvening, where the number of points decreases, leading to fewer bids and potentially less floor support, has garnered attention in the NFT community. Gain a deeper understanding of this theory by reading the tweet shared by Moritz:
The Blur halvening is happening in 2 days and could potentially lead to a lot of volatility.
Let's look what impact it will have on the floor price of your NFTs 🧵👇
(1/14) https://t.co/1hH0ZLEtTT
— Moritz (@moritz_web3)
Apr 29, 2023
9. NFTs to Watch
For those seeking exciting NFT projects, Trill highlights a list of NFTs to watch, including WaltsVault, pepepeepee, SavedSouls, Nakamigos, and RTFKT. Stay tuned to their progress and potential opportunities. Check out the tweet for more information:
5 NFTs to Watch This Week 🧵👇 https://t.co/he0WRwNdqr
— TRILL (@trillvillhou)
Apr 24, 2023
✨ Conclusion: Navigating the Dynamic NFT Landscape
While the possibility of a bear market in the NFT space looms, it is crucial to remember that the market is dynamic and ever-evolving.
Recent developments, such as Blend's introduction of peer-to-peer perpetual lending, along with the growth of Solana NFTs and the value they bring, indicate a continued interest and potential for future growth.
Stay informed, explore new opportunities, and keep an eye on the market trends to make informed decisions as an investor or creator in the NFT space. Remember, the NFT journey is full of surprises, so buckle up and embrace the wild ride ahead.