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In February, Huang Licheng, the big brother of the Blur team, expressed his extreme pessimism about Blur's development today.

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In February, Huang Licheng, the big brother of the Blur team, expressed his extreme pessimism about Blur

Taiwanese celebrity Brother Mark Huang expressed his gratitude to the Blur team during the airdrop of the first season, reminding the community to remember that OpenSea did not give any tokens when trading NFTs. However, he recently posted continuously expressing pessimism about Blur, emphasizing that once the "real liquidity provider" leaves, Blur's liquidity will also drop to zero. In addition, Huang also entered the meme coin PEPE.

2/15 Brother Maji: Thanks to the Blur Team

Taiwanese celebrity Brother Maji, Huang Licheng, reaped nearly 1.85 million BLUR tokens in the NFT trading market during the first season of Blur's airdrop, valued at approximately $1.48 million based on the price of $0.8 at the time.

He specifically expressed:

Thanks to the Blur team, it is super difficult to build and give back to the community. Our NFT community has a strong power. Remember, the next time you want to trade NFTs, OpenSea has never given any tokens away.

5/9 Brother Maji: Extremely Bearish on Blur's Development

On May 9th, Huang Licheng pointed out, based on information from insiders, that the BLUR point system has collapsed, and neither the protocol nor the community can add value in NFT trading anymore. Even risk-free bid orders can earn points.

He emphasized that Blur's point algorithm dilutes rewards for "true liquidity providers," creating a negative feedback loop where liquidity on Blur will drop to zero once the providers leave.

Huang Licheng believes that false liquidity deployed by bots is easily identifiable by monitoring a large number of bid orders that are canceled before execution, and with not many users having funds in their wallets, Blur has not addressed this issue, which is suffocating Blur and the NFT ecosystem.

In response, Blur founder Pacman replied to Huang Licheng that they are working on an automated detection solution, expected to be launched later this week.

Brother Maji Enters PEPE

In addition to complaining about Blur's mechanism, online data also shows that Huang Licheng bought 660 billion PEPE meme coins for about 73.4 ETH, approximately $137,000, in the past three days.

However, this did not bring much price increase to PEPE, with only a 2.15% rise in 24 hours.

Furthermore, even with OpenSea Pro announcing today that it accepts PEPE payments, the community seems no longer to view any news as a major positive development.

PEPE App +1: OpenSea Pro Accepts PEPE Payments! But Prices Continue to Slide, Down 54% from Highs