16 Nov, 2023

The following report makes a case for a small portfolio allocation betting on the NFT sector. We anticipate a significant upswing in the NFT market, driven by factors such as SocialFi’s success and decentralized casinos.

Small markets often lead to the discovery of larger ones, as seen in traditional markets. In this context, $BLUR positions itself as the go-to NFT marketplace, akin to $UNI in the DeFi space.

More specifically, we outline an idea where we advocate for watching out for the end of Blur Season 2, which ends on November 20th, 2023. This will result in 300M $BLUR being distributed to farmers who have largely taken losses while attempting to game their airdrop allocation.

As a result, we argue for a strategic market positioning where we expect there to be selling pressure and use this to our advantage, as a potential opportunity to pick up what we consider to be a cheap token with good value accrual coming up in the near to mid-term future.

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