SNEAK PEEK
- A new NFT marketplace, Blur was launched on Wednesday.
- It is an Ethereum-based NFT marketplace.
- On its launch, the NFT marketplace rewarded its new users with BLUR tokens.
Blur an Ethereum-backed NFT marketplace was launched on 19th October 2022. On the occasion of its launch, the NFT marketplace announced special rewards for its new users. The platform announced a free airdrop of BLUR tokens for its users.
Blur is officially LIVE!
— Blur (@blur_io) October 19, 2022
To celebrate our launch we’re airdropping Care Packages containing $BLUR tokens to everyone who’s stuck around in the bear market.
You have 14 days to claim ⏰ pic.twitter.com/PEaMONziQD
The Blur team announced the launch of the platform and the free airdrop on Twitter on Wednesday. As per the Tweet, there are three types of airdrop – Uncommon, Rare, and Legendary.
It also published a blog post on its official website. The Blur team excitedly announced the launch of its marketplace saying,
Blur’s marketplace goes live today and the Blur marketplace itself charges zero marketplace fees. In short, our marketplace, aggregator, and advanced trading tools are available to everyone at zero cost.
The marketplace has not announced the amount of BLUR tokens they are offering in the airdrop. But if you have traded an NFT within the last 6 months, you will be eligible for the free airdrop. Traders will also be eligible for free airdrop if they list an NFT for sale on the platform.
Users have 14 days to claim the rewards. However, the BLUR token will be usable only in January 2023 when the token will be activated as a governance token for the Blur platform.
The Blur NFT marketplace calls itself the best platform for pro traders. According to the blog post on its official website, the platform is 10x faster than Gem. Gem is a batch buying NFT tool which the OpenSea platform acquired in April. The newly launched marketplace is also offering aggregation features, portfolio analytics, and zero marketplace fees to its traders.
In the blog post, Blur says,
Blur lets you sweep and list across marketplaces, snipe reveals, and manage your portfolio faster than anywhere else.
Blur says that it has been in the development phase for the last 276 days and was functional in a closed beta mode. On the matter of funding and acquired investors, Blur said,
We’ve also 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.
Another important point in the blog post was about creator royalties. Blur said that it wants to “create an incentive structure that increases royalty revenue in the ecosystem.”
The platform pointed out that traders who will set royalties above 0.5% will receive more rewards than those who set below or at 0.5%. Traders who will pay partial royalties or full royalties will receive premium rewards than those who are completely ignoring royalties.
The first Airdrop is scheduled for October 2022 and the second is in November 2022. In November the platform will drop Care Packages for all traders who will list on its platform. In the official post, Blur says, the second package will be much larger than the first one.
Users can open their Care Packages and access BLUR tokens in January 2023 when they will launch their token and governance protocol in January.
Blur team also said,
If you have Blur points from our waitlist or participated in our private beta, there will be a separate airdrop for you once $BLUR launches in January
