Blur reveals extra 300M token airdrop to loyal customers

    Non-fungible token (NFT) market Blur mentioned it might distribute extra 300 million tokens to loyal customers through the second season of its airdrop.

    Blur beforehand airdropped 300 million tokens to its early customers on Feb. 14.

    Methods to qualify for Blur’s “Season 2” airdrop

    {The marketplace} mentioned the “Season 2” of its airdrop would incentivize loyalty amongst its customers.

    Based on Blur, customers would get a 100% loyalty rating in the event that they don’t have listings wherever else. It added that customers who record blue chips NFTs or extra lively collections on its platform might rating 100%.

    In the meantime, customers can additional increase their probabilities with different actions, which embrace interacting with Blur’s social media posts.

    Blur warned:

    “Don’t try to game the system. Relisting NFTs at unrealistic prices, sybiling, or listing dead collections won’t help.”

    Blur usurps OpenSea

    OpenSea, which beforehand managed round 80% of the market, has not too long ago misplaced its dominance to Blur.

    For context, Blur’s buying and selling quantity has overwhelmed that of OpenSea within the final 24 hours and, by extension, over the previous week and month, in line with obtainable knowledge.

    DappRadar knowledge reveals that Blur’s buying and selling quantity within the final 24 hours was $108.08 million, whereas OpenSea recorded $19.27 million. Over the previous 30 days, Blur’s quantity has grown by 117% to $894.48 million, whereas OpenSea’s elevated by 12% to $433.15 million.

    Whereas OpenSea not too long ago launched new measures to regain its market share, analysts mentioned Blur’s new loyalty rating initiative disincentivizes customers from different NFT platforms.

    In addition to that, Blur surpassed decentralized functions like Uniswap to be the highest ETH burner. {The marketplace} additionally performed a task in NFT’s fuel utilization, rising to 27% of ETH’s whole fuel consumption.

    Blur’s native token is buying and selling at $0.956 after a 22% drop within the final 24 hours, in line with CryptoSlate’s knowledge.

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