Blur’s New Collateralized Lending System for NFTs Receives Mixed Reactions from Crypto Community
The non-fungible token (NFT) marketplace, Blur, has partnered with venture capital firm Paradigm to launch Blend, a collateralized lending system that allows buyers to purchase NFTs using a buy-now, pay-later (BNPL) method. According to Blur, the lending system will not charge borrowers or lenders any fees. However, this announcement has ...