BLUR - The Fastest NFT Marketplace
Dec 9, 2022
Here is the Blur NFT Marketplace launched in November 2022 and which promises to be a “Pro” platform for selling NFTs. Since its launch, the platform has shown a high volume of trades and interest in the community.
In addition, at its launch, free NFTs were distributed to platform users, the popular airdrops. A month after the launch, Blur has already made two airdrops, the last one occurred on December 4, according to CriptoFácil.
The development of Blur was carried out with the support of large companies in the cryptocurrency market. Paradigm, 6529, Cozomo Medici, dhof, Bharat Krymo, Zeneca are some of those who support it. The company raised $11 million from these investors in funding rounds.
Aimed at merchants looking for more agility in transactions, the Blur team includes developers and creators with experience at the Massachusetts Institute of Technology (MIT). This shows maturity and shows that the Blur market has come to compete with other market giants.
Increase
The Blur market is developing at an increasing rate. According to more recent data, the platform even made 1,160 ETH of transactions in a day on its platform, that is, around BRL 7.5 million in current values.
This data places Blur with a volume close to that of OpenSea, the leader among NFT platforms. In this sense, Blur has become the second largest NFT market in volume and with 2,527 unique users and 10,911 in just one day, says the company itself in a tweet.
Airdrop
The market caught the attention of network investors, due to its widely shared airdrop. It consisted of a bundle of NFTs that could be redeemed within 14 days of launch or for those who traded NFTs in the last six months.
These packages contained several Blur tokens, governance tokens that will be released in 2023.
Even so, it is possible to access the Blur website and try to access the second airdrop of the platform, which promises to be "ten times bigger than the first". All active Blur members during the month of November will be more likely to receive rewards.
Blur of royalties and fees
Blur brings with its launch a different royalty mechanism, that is, the payment made to the artists who use the platform. Users can set their own royalties when listing their NFT.
This means that the buyer can choose how much they want to pay the artist for the sale of each NFT. They can even choose not to pay royalties, but this means that the creator of the NFTs also receives no income from secondary market sales.
To prevent users from selecting only zero royalties, an airdrop incentive has been created for those who do not select zero royalties. Those who pay contributions to the artists will have a preference when it comes to receiving free tokens.
In short, the expectation is that Blur will become the main NFT market. To attract more users, Blur also made all of its tools available at no cost and increased the speed of transactions.
On social media, people say the launch of the platform was a success, showing their approval of the new features. However, many say that Blur still needs to improve on things like customer experience.
More info: https://blur.io/
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