Offchain_Wizard

every single time I see people defending blur like they just blocked the past blur incentivized volume farming at a loss in exchange for rewards in a separate $BLUR token that they owned a huge allocation of. this put negative pressure on nearly every NFT floor, abolished rarity premiums, and killed any momentum instantly. they got rid of creator royalties and fees, once again, not because of the goodness of their heart, because it incentivized people to trade more volume at as small of margin as possible NFTs don't need high liquidity or loans to succeed. How 'liquid' were baseball cards, pokemon cards, watches, physical art for years. To sell them, you had to go through an arduous grading process and then list, sell, ship on sites like ebay or amazon, or physically attend shows/trade fairs and try to find a buyer by hand. If people are buying NFTs as art, collectibles, membership, etc. there is absolutely no need for them to be highly liquid. You already have access to the entire internet of potential buyers. You don't need tight bids at all times that are 98% of the time placed by flippers or farmers.