Coin Gabbar Token

<p>On May 1, Blur, a non-fungible token (NFT) marketplace, launched a new collateralized lending protocol called Blend. The protocol allows for <a href="https://coingabbar.com/en/crypto-currency-news/sothebys-launches-on-chain-nft-marketplace-for-secondary-sales" rel="noopener noreferrer nofollow">NFT</a> collateral and charges no fees from lenders and borrowers. While some in the community praised the move as a significant development, others expressed concerns about the risks involved. A community member called on the US Securities and Exchange Commission (SEC) to protect users from such products, which was echoed by Web3 lawyer Jesse Hynes. Meanwhile, Blur&#39;s move has intensified the competition in the NFT marketplace, with OpenSea making its own moves to stay competitive.</p>

Mixed Reactions to Blur's NFT Lending Protocol

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