Tieshun Roquerre Raises $40 Million for Blur Ecosystem
Additionally, Blur founder Tieshun Roquerre raised $40 million to contribute to the Blur ecosystem.
If you’re an NFT enthusiast, you may be frustrated by high transaction costs when trading digital collectibles. Tieshun Roquerre, the founder of NFT marketplace Blur, feels your pain. He’s launching Blast, a new layer-2 network to address this issue. The network will provide native yield for DApps and reduce transaction costs for non-fungible tokens. To fund this venture, Roquerre raised $20 million from Paradigm, Standard Crypto, and others. Additionally, he raised another $40 million to contribute to the Blur ecosystem, which will be used to build DApps on Blast and advance NFTs on Ethereum. As a result of this news, Blur’s native token BLUR surged 12% to $34.
Hot Take: Blur Founder Tieshun Roquerre Tackles High Transaction Costs With Blast Layer-2 Network
Tieshun Roquerre, founder of NFT marketplace Blur, is addressing the high costs associated with trading digital collectibles with the launch of the Blast layer-2 network. This new network aims to provide native yield for DApps and reduce transaction costs for non-fungible tokens, bringing relief to NFT enthusiasts. Roquerre’s efforts have been supported by significant funding, including $20 million from Paradigm and Standard Crypto, along with an additional $40 million for the Blur ecosystem. These developments have caused Blur’s native token BLUR to surge 12% to $34, marking an exciting moment for the NFT community.
By
By
By
By