Why was Blur 2 cancelled?

In the world of cryptocurrency and finance, projects often come and go, but the cancellation of Blur 2 has raised many questions among enthusiasts and investors alike. Could you elaborate on the reasons behind this decision? Was it due to financial constraints? Did the team encounter technical difficulties that were too challenging to overcome? Or perhaps the market conditions at the time simply didn't align with the vision of the project? As a professional in this field, I'm curious to understand the motivations and considerations that led to this outcome.