50% will be distributed to Blur community members based on their Blur Points and 50% based on their Holder Points. Blur is at cryptocurrency project that provides users with a decentralized marketplace for trading NFTs. Blur ($BLUR) refers to itself as the “Fastest NFT Marketplace”. Recently they completed the first season of 3 airdrops- known rent expense accountingtools as “Care Packages”.
Meanwhile, Blur has announced they will distribute over 300 million $BLUR in Season 2, and all listing and loyalty points will be doubled until 1 May 2023. Blur’s Season 2 airdrop has already closed with over 300 million BLUR being distributed. Blur however, have confirmed they will be doing a Season 3 airdrop in May 2024. So in this article, we give strategic ways to increase listing points with the lowest investment possible. Blur is a promising project that has captured the attention of investors around the globe.
Whilst Season 2 airdrop recipients start at a 2x multiplier. You can withdraw your deposit at any time, but your multiplier will decrease in proportion to the amount withdrawn until you are back at 1x multiplier. Blur has said that Loyalty is the secret weapon for getting the most rewards for Blur Points in Season 3. At the end of Season 3, these points will be converted into Care Packages with different rarities.
Tokens per Claim
The reward is often an amount of BLUR coins deposited in the user’s wallet. So far, Blur has had two successful airdrops during season 1. Currently, however, the platform is launching Blur airdrop season 2, which will be its third airdrop. Up to May 1, 2023, Blur doubled all bidding and listing points. Here, choose the “Points” option to get the most recent list.
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Similar to Blur, LooksRare allocated 12% of its token supply for its airdrop, requiring users to list an NFT to claim the $LOOKS token. This led to little sticky usage and inorganic volume, with reportedly ~95% of historical volume attributed to wash trading. Although season one of the airdrop has been completed, the second season has already started and promises to offer more token rewards to users of the platform.
Blur Token Airdrop: How to claim free BLUR tokens for NFT traders?
To maximize your Blur airdrop, follow his advice and imagine yourself as an NFT market maker. Have faith in your NFT collection, and don’t attempt to sell it for less than you paid. Look for collections with a lengthy history, a big volume, and few competitors to bid on. Additionally, you may place a bid on as many collections as you want with the same ETH.
Here’s a breakdown of the loyalty scores and how much they impact your luck in receiving a valuable airdrop. Listing points are awarded to users who list their NFTs on Blur at competitive or lower prices than other marketplaces. The popularity and rarity of the NFT collection also influence listing points.
Also, washing trading for points by using bots to wash trade in order to increase visibility of a collection and therefore increasing the points allocated towards it. Finally, spoofing bids by using bots to create fake bids that cannot be accepted and front run bid accepts to get points without any risk. Since February, the leading NFT platform, OpenSea, has witnessed less NFT trade volume than Blur. Dune Analytics identified 11% of Blur’s total traded volume as wash trading.
- Besides Blur royalties, the platform has another metric that determines how much Blur users get in their care package.
- The least royalty percentage is 0.5, but one can customize this and opt for higher figures.
- Bid points are also influenced by the duration and risk of the bid, as well as the popularity and rarity of the NFT collection.
- This occurs when a person buys and sells the same item to create the appearance of active trading.
How to claim Blur Season 1 airdrop?
As per the reports, the Blur Airdrop is scheduled to happen within two months. You need to keep an eye on the official channels and social media platforms of the project. Expert investors always make it a point to keep themselves updated. A decentralized market for exchanging NFTs is made available to consumers via the cryptocurrency project Blur. When evaluating an airdrop, whether the tokens given away are subject to a lockup term should be considered.
Lending points are awarded to users who lend their NFTs on Blend, Blur’s new product that allows users to borrow and lend NFTs. The blend is a way to earn passive income from your NFTs and access rare and exclusive NFTs without buying them. According to predictions, points will be 210 times harder to obtain, but if season 2 airdrops continue longer, more points will be available overall. The season 2 airdrop prizes and its conclusion date are yet unknown. Additionally, there will probably be fewer $BLUR prizes in season 2 due to more players competing for airdrops. Blur’s scheduled April 2023 debut has been postponed, most likely until May 2023.
How much is the $BLUR token worth?
Transferring NFTs in exchange for loyalty, i.e., to list on other markets. He says that the objective of bidding on Blur shouldn’t be to prevent receiving a bid or to remove them swiftly. This is so that you may delete a bid quickly from NFT marketplaces, which move quickly.
As a result, beneficiaries receive more blur, and the token’s value rises because interested parties are investing heavily in the platform. Unfortunately, there is no way to “game” the system to get more Blur points, and the Blur team are actively taking steps to stop tactics such as. Transferring NFTs for loyalty i.e. transferring NFTs to list on other marketplaces.