About Blur
BLUR is the native governance token of Blur, a unique non-fungible token (NFT) marketplace and aggregator platform that offers advanced features such as real-time price feeds, portfolio management and multi-marketplace NFT comparisons. It claims to have faster NFT sweeps, and a more intuitive interface than other comparable platforms.
As a result, many professional NFT traders increasingly prefer to use Blur for their trading activities — although it may be due to incentives like the recent airdrop of 360 million BLUR tokens — worth around $355M at the time of writing. It is an Ethereum-based platform that has raised over $14m from world class investors and traders including Paradigm, 6529, Cozomo Medici, dhof, Bharat Krymo, Zeneca, OSF, MoonOverlord, icebergy, Deeze, Andy8052, Keyboard Monkey and many more.
Blur Coin Point Table
| Coin Basic | Information |
|---|---|
| Coin Name | Blur |
| Short Name | BLUR |
| Circulating Supply | 483,645,529 BLUR |
| Total Supply | 3,000,000,000 |
| Support | 24/7 |
| Official Project Website | Click Here To Visit Project Website |
Who Are the Founders of Blur (BLUR)?
Blur’s founders and developers are active only through pseudonyms. The founder is known as Pacman, a Web3 developer. Zeneca, Founder of ZenAcademy and The 333 Club, took on the role of Director of the Blur Foundation.
According to Blur, the team has experience across MIT, Citadel, Five Rings Capital, Twitch, Brex, Square, and Y Combinator.
What Was the BLUR Airdrop?
The series of Blur airdrops gave access to BLUR tokens in the form of Care Packages. The Care Packages have four tiers of rarity and were distributed to users who were active with beta testing six months before the official Blur launch in October 2022.
The second airdrop was for traders actively listing on the marketplace through November 2022, while the third drop was allocated to traders who placed bids on Blur through February 14, 2023.
The February 2023 airdrop was a massive global event, with BLUR’s price jumping to over $5 before dropping to under $1 within 24 hours, as many recipients sold straight away.
Features
Real-time price feeds
Blur offers real-time price information for NFTs, allowing users to stay up to date with the latest market trends and make informed decisions regarding buying, selling, or trading NFTs.
Portfolio management
With Blur, users can easily manage their NFT collections and track their performance. The platform provides tools and analytics to monitor the value, rarity, and overall composition of their portfolios, enabling users to make strategic decisions based on data-driven insights.
Multi-marketplace NFT comparisons
Blur simplifies the process of comparing NFTs across different marketplaces. Users can efficiently evaluate and analyze NFT listings, pricing, and attributes from various platforms, enabling them to make well-informed decisions regarding purchases or investments.
Governance rights
BLUR token holders have governance rights within the Blur platform. They can participate in voting and decision-making processes that shape the future of the platform, ensuring a decentralized and community-driven approach to governance.
Enhanced liquidity
BLUR tokens can be used to provide liquidity on decentralized exchanges and yield farming platforms, allowing token holders to earn rewards for providing liquidity and contributing to the liquidity pool.
What Is Unique About Blur (BLUR)?
Blur has been specifically designed to excel in areas where other platforms fall short, specifically in the hotly debated NFT creator royalties category. It supports creatives by providing those who pay royalties with extra BLUR tokens as an incentive and strives to strike a fair balance between creators and traders.
It does not fully support secondary market creator royalties as OpenSea does. However, in a brazen decision in February 2023, it announced that any collections that blocked sales on OpenSea could collect their full royalty fees on Blur.
Despite being tailored towards professional traders, newcomers to the NFT market can also benefit from Blur’s various features with some effort put into learning how to use the platform.
Blur also stands out from other NFT marketplaces with its numerous features that support better NFT trading experiences that could help traders optimize profits. It allegedly has a faster NFT sweep and snipe function, real-time price feeds, and a sorting function based on price. As an aggregator, it connects to X2Y2, OpenSea, and LooksRare (LOOK).
How Many Blur (BLUR) Coins Are There in Circulation?
Currently, the total number of BLUR tokens in circulation is 360 million, with a maximum supply of 3 billion scheduled for an eventual release.
How Is the Blur Network Secured?
BLUR operates on the Ethereum blockchain as an ERC-20 token, secured through Proof-of-Stake — the Ethereum network’s consensus mechanism after 2022’s Merge event. This mechanism uses validators to confirm transactions, and validators stake 32 ETH to participate in consensus and validating transactions.
Where Can You Buy Blur (BLUR)?
If you want to know where to buy BLUR at the current rate, the top cryptocurrency exchanges for Blur token are Coinbase, KuCoin, Kraken, Uniswap, OKX, Huobi, Bybit, BTCEX, BingX, Bitget and more. You can find others listed on our crypto exchanges page.
Conclusion
Finally, Blur, a cutting-edge non-fungible token (NFT) marketplace and aggregator platform, uses BLUR as its native governance token. The platform stands out for its cutting-edge capabilities, which include multi-marketplace NFT comparisons, portfolio management, and real-time pricing feeds.
Through their governance rights, holders of BLUR tokens can participate in decision-making processes and have a significant impact on the development and direction of the platform, helping to shape its future. With its wide variety of features and community-driven governance, Blur intends to offer NFT aficionados and collectors a seamless and all-encompassing experience, thereby advancing the development and expansion of the NFT ecosystem.