Investor story: Why we were wrong to be bullish on Blur? Loss experience in the NFT market
This podcast mainly discusses the current state of Magic Eden, token valuations, and topics related to NFTs. The two guests share their views on the current NFT market, investment experiences, and potential future developments. Overall, the valuation of Magic Eden’s token might be impacted by the sluggish NFT market, especially with the underperformance of tokens from NFT platforms like Blur and Tensor. Additionally, they explore potential recovery paths for the NFT market, particularly regarding liquidity, IP innovation, and community building. The audio transcription was generated by GPT, so there may be some errors. Please listen to the full podcast: YouTube: Spotify Purchasing BLUR Based on On-Chain Data but Misjudging the NFT Market and the Team defioasis: Welcome back to the WuBlockchain podcast. I’m defioasis, an analyst from WuBlockchain. Recently, Magic Eden announced the launch of a new token, and as we all know, the overall NFT market has been pretty rough from last year to ...