Blur is a zero-fee, non-fungible token (NFT) marketplace that caters specifically to the needs of professional NFT traders. Unlike other NFT markets, Blur NFT Marketplace was designed from the ground up to provide faster sweeps, better trading fees, advanced sorting functions, and a more intuitive interface. These features have helped Blur quickly gain a significant market share in NFT sales, even forcing competitors like OpenSea to eliminate their trading fees. Blur has become a popular platform for trading various NFT projects, such as BoredApe NFT, Milady NFT, and Azuki NFT.
Summary
Blur NFT Marketplace is a unique platform that has quickly gained popularity among professional NFT traders. We’ll explore the factors that set Blur apart from its competitors, including its creation, features, and benefits. We’ll also discuss the advantages of using Blur, its tokenomics, and the impressive airdrops that have contributed to its growth. Additionally, we’ll examine Blur’s historical price performance, where to buy BLUR tokens, and answer some frequently asked questions about this exciting new platform
What is Blur NFT Marketplace?
Blur is a zero-fee, non-fungible token (NFT) marketplace that caters specifically to the needs of professional NFT traders. Unlike other NFT markets, Blur was designed from the ground up to provide faster sweeps, better trading fees, advanced sorting functions, and a more intuitive interface. These features have helped Blur quickly gain a significant market share in NFT sales, even forcing competitors like OpenSea to eliminate their trading fees.
Why is Blur Unique
Blur stands out from other NFT marketplaces in several key ways. First, it offers instant liquidity for NFT traders, allowing them to quickly buy and sell digital assets from other marketplaces. Second, Blur supports batch shelf and floor-sweeping transactions, making it easier for traders to acquire multiple NFTs at once. Finally, Blur’s order book system provides a more traditional trading experience, similar to what professional traders are used to in other financial markets.
Advantages of Blur
- Zero-fee trading: Blur eliminates trading fees for both buyers and sellers, making it more cost-effective and convenient for professional traders to engage in NFT transactions.
- Instant liquidity: Blur allows traders to quickly buy and sell digital assets from other marketplaces, providing instant liquidity for NFT trading.
- Batch shelf and floor-sweeping transactions: Blur supports batch shelf and floor-sweeping transactions, enabling traders to acquire multiple NFTs at once, saving time and effort.
- Order book system: Blur’s order book system provides a more traditional trading experience, similar to what professional traders are used to in other financial markets.
- Customizable creator royalties: While Blur honors creator royalties, it allows traders to customize the percentage they pay, offering greater flexibility and control over their transactions.
- Advanced sorting functions: Blur offers advanced sorting functions, making it easier for traders to find the NFTs they’re looking for and make informed trading decisions.
- Intuitive interface: Blur’s user interface is designed to be intuitive and user-friendly, making it accessible to both experienced and novice NFT traders.
- Faster sweeps: Blur’s platform is optimized for speed, allowing traders to execute sweeps faster than on other NFT marketplaces.
- Community ownership: By holding and staking BLUR tokens, traders can participate in the governance of the Blur marketplace and benefit from the platform’s success through community ownership.
- Generous airdrops: Blur has conducted several notable airdrops to reward its loyal users, with plans for additional airdrops focused on the platform’s most active and committed traders.
What is Blur Used for
Blur is primarily used for buying, selling, and trading NFTs. The platform’s native token, BLUR, serves as a governance token, allowing holders to participate in the decision-making process of the Blur marketplace. By holding and staking BLUR, traders can also profit from the platform’s success through community ownership.
BLUR Tokenomics
Blur has minted a total of 3 billion BLUR tokens, which will be distributed over a period of 4 to 5 years. The tokenomics allocate 51% of the tokens to the community, 29% to core contributors, 19% to investors, and 1% to advisors. This distribution model ensures that the majority of the tokens are in the hands of the platform’s users and supporters.
BLUR Airdrops
Blur has conducted several notable airdrops to reward its loyal users. The first airdrop was open to anyone who had traded NFTs in the 6 months prior to the airdrop, with users receiving “care packages” based on the value of their trades. The second airdrop, which was ten times larger than the first, was limited to users who had listed at least one NFT on Blur by November 2, 2022. Blur has announced plans for additional airdrops, with a focus on rewarding its most loyal traders.
How Many Blur (BLUR) Coins Are There in Circulation
As of March 2023, there are approximately 410,470,186 BLUR tokens in circulation, out of the total supply of 3 billion tokens. Over the next five years, the Blur treasury will distribute an additional 39% of the token supply through contributor grants, community initiatives, and incentive programs.
Blur NFT Historical Price and Analysis
BLUR tokens have experienced significant price fluctuations since their initial airdrop. The all-time high for BLUR was recorded on February 13, 2023, at $45.98, just before the token was officially airdropped. Following the airdrop, the price experienced a sharp decline, hitting an all-time low of $0.4318 on February 14, 2023. However, the price has since stabilized and has shown signs of recovery, gaining 34.5% since the post-airdrop drop.
Despite the initial price volatility, Blur’s marketplace growth has been impressive. The platform has consistently outperformed its competitors in terms of trading volume, with an average daily sale of $21.26 million since its launch. Blur has also attracted over 571,000 users, with an average of 2,137 traders using the platform daily.
Where to Buy BLUR Tokens
BLUR tokens are available for purchase on a variety of major cryptocurrency exchanges, including Coinbase, KuCoin, Kraken, Uniswap, OKX, Huobi, Bybit, BTCEX, BingX, and Bitget. The wide availability of BLUR tokens makes it easy for traders to acquire them and participate in the platform’s governance and incentive programs.
Conclusion
Blur NFT Marketplace has quickly established itself as a leading platform for professional NFT traders, offering a unique combination of features, benefits, and incentives. With its trader-friendly fee structure, customizable creator royalties, and generous airdrops, Blur has attracted a large and growing user base. As the platform continues to evolve and expand, it is well-positioned to remain at the forefront of the rapidly-evolving NFT market. Whether you’re a seasoned NFT trader or just getting started, Blur is definitely a platform worth exploring.
FAQs
What makes Blur different from other NFT marketplaces?
Blur is designed specifically for professional NFT traders, offering features like instant liquidity, batch shelf and floor-sweeping transactions, and an order book system. It also has a trader-friendly fee structure and customizable creator royalties.
How can I participate in Blur’s governance?
By holding and staking BLUR tokens, you can participate in the decision-making process of the Blur marketplace. The more tokens you hold, the greater your voting power.
Will there be more BLUR airdrops in the future?
Yes, Blur has announced plans for additional airdrops, with a focus on rewarding its most loyal traders. Keep an eye on the platform’s official channels for updates on upcoming airdrops.
