The liquidity provided by market makers makes it safer to buy new collections

Blur founder Pacman said on social media that the vast majority of trading volume in traditional and token markets comes from a small number of market makers (MMS). In the NFT market, trading activity from MMS looks very different from trading activity from collectors. There were very few MMS in NFT before Blur, and as this market matures you will see more coming into the market. Understanding the dynamics in the game is important for everyone, with MMS providing liquidity and profiting from the spread between the real price of the asset. Every transaction they make comes in the form of royalties paid to the creator. Their activities will look different from what NFT enthusiasts are used to. But their entry allows more players to enter the market. The liquidity they provide makes it safer to buy new collectibles, which leads to more volume and more income for the creators. As infrastructure and liquidity improved, the token world exploded, allowing the market to grow. NFT will also see a huge growth, and the entry of MM is just the beginning.