Blur, a zero-fee non-fungible token (NFT) marketplace, has released its native token, $BLUR, on Tuesday. The token will enable traders to benefit from the platform’s governance protocol and share in the marketplace’s success. All traders, Care Package holders, and Creators who have been active in the last three months are eligible for the airdrop, which will last for 60 days. The token will provide users with a range of benefits, including the ability to vote on platform decisions, receive rewards for participating in the community, and receive a share of the platform’s profits. Blur is a revolutionary platform that is set to revolutionize the NFT marketplace and provide users with a secure and transparent way to trade digital assets.
Blur has announced that traders have 60 days to claim their airdropped BLUR tokens, which are currently trading at around 50 cents. Blur has seen tremendous growth since launching four months ago, with 146,823 users trading over $1.2 billion worth of NFTs. According to DappRadar, Blur’s 24-hour trading volume stands at around $9.5 million, making it the second-largest NFT marketplace after OpenSea. To reward its community for their support, Blur is giving away airdropped BLUR tokens to traders, giving them the opportunity to benefit from the platform’s success.
BLUR has been airdropping its token since October through “care packages” to collectors who have traded an Ethereum-based NFT in the past six months. On Tuesday, Blur delayed their token-launch by 90 minutes, warning collectors to be aware of potential phishing attempts and scam links. The zero-fee marketplace has added fuel to the fire to the ongoing debate among creators and marketplaces, and has conducted $2.5 million in trading volume in its first 24 hours, creeping up on OpenSea’s trading volume. BLUR is a great platform for professional NFT traders, and its token-launch is highly anticipated by the NFT trading community.
