Category: Cryptocurrency exchange

They are planning to distribute a significant amount of tokens in the upcoming airdrop. This is your chance to be a part of a vibrant community – that too without any upfront investment. Conversely, BLUR closed its first day of trading on February 14th at $0.65 and is up 54% currently trading at $1. However, it is too early to make any big predictions about its price. Recent posts about the Blur airdrop have sent ripples across the crypto world.

The loyalty program counts multi-listed NFTs as loyalty points as long as the price indicated on Blur is the same as or lower than the price on other marketplaces. For season 2, users who have earned listing, bid, loyalty, and lending points on the Blur platform are eligible for blur airdrop. If you are an NFT enthusiast, you might have heard of Blur, a decentralized NFT marketplace that offers fast and convenient trading features. Blur also has its native token, BLUR, which incentivizes users who support creator royalties and loyalty. In November 2022, Blur launched another airdrop dubbed Airdrop 2.

More Blur Airdrop Strategies: Trade like an NFT market maker?

He reminds blur bidders that market makers sometimes go for the highest offer. Instead, they strive to fill the order book on both sides and at all levels. The tactic of making as many offers on Blur as you can without any of them being accepted is popular. However, Sugar Shane has another approach, which he claims is more cautious and can get you more points over time while limiting losses.

This is accomplished by keeping an eye on the mempool, withdrawing any ETH from the pool, or increasing their announcement to revoke bids at the last minute. Any wallet discovered to be spoofing bids will be filtered out for Season 2 and will not be eligible for airdrops, the team has said on Twitter. Blur token claim requires users to connect their ETH wallet to the Blur platform and verify their eligibility.

1. Or, you can list your NFT at any time and keep any profit when you sell.
2. To gain a jump start on the Season 2 prizes, you must start listing and bidding NFTs on Blur.
3. Greater airdrop competition also results in more aggressive platform bidding.
4. And the next cliff unlocks will be on 15th June 2023, unlocking 196 million $BLUR to all holders.
5. The reason for this is that if you allow time for the market to fill up, you may be able to sell that NFT for a profit.

In this airdrop, 50% of the airdrop will be distributed to the Blur community based on their Blur Points. Meanwhile the remaining 50% of the airdrop tokens will be distributed based on their Holder Points. You should make sure that the airdrop participation is done through the official channels or within the wallet interface.

Blur Airdrop strategy: How to turn 1-2 ETH into $85,000?

Unlike OpenSea, Blur charges zero trading fees and does not strictly enforce creator royalties. Blur brazenly announced that any collections that blocked sales on OpenSea could collect their full royalty fees on Blur. Notably, OpenSea responded by dropping its trading fee from 2.5% to 0% for what it says is a limited time. You will be spending how to calculate gross margin it on investments inside the platform.

To date, this strategy has paid dividends, but whether its market penetration can last over the long term has yet to be determined. By applying this playbook, Blur effectively used a gamified approach (via Care Packages) to build out the marketplace in stages, first focusing on supply and then demand. Blur overtook OpenSea achieving user market share of 45% compared to OpenSea’s 43%, and trading volume market share of 85% compared to OpenSea’s 10%. The airdrop released 360 million tokens, comprising about 12% of the total supply of the project. At its current price, Blur has a market capitalization of $414 million and a fully diluted market capitalization of $3.2 billion.

What is the eligibility for participation in the Blur Airdrop?

After abiding by all the requirements, you can wait for the free token distribution. Airdrop 3 aims to be twice as rewarding as Airdrop 2, and with 360 million BLUR tokens allocated to it, it will likely meet this target. However, according to Luke Cannon, using $0 airdrop anchoring is the best (and safest) approach for Blur season, two airdrops. In other words, to make lucrative bids solely and presume the airdrop will be useless.

Users can claim or risk losing their BLUR tokens within a specified period. Blur is airdropping free BLUR tokens to users who trade NFTs. Users who actively trade NFTs until May will get points based on the trades.

If you are a beginner looking for an entry point in the crypto world or a crypto enthusiast, either way, this is an excellent opportunity. The season 3 airdrop will be powered by the new layer two native yield known as Blast. If you want to be a part of the airdrop without any upfront investment, this is your best chance. Blur has already conducted their Airdrop twice and is looking forward to the next season. Around 300 million Blur tokens were distributed during the second season. They have announced the distribution of a significant amount of  $BLUR tokens through the season 3 Airdrop.

In Season 2, Blur confirmed that the secret to maximising rewards in Season 2 was Loyalty. Those who get onto the leaderboard and further rewarded with different boosts of up to 2.5x for the top 100 point earners in a 24 hour time period. There will be a linear unlock of 1.2 million $BLUR per day distributed to the community treasury.

The alluring free token distribution of the $BLUR tokens through airdrop is a golden opportunity. Make sure that you do your research about the crypto project before finalizing your participation in any crypto-related event. It is mandatory to have the complete information firsthand.

When someone attempts to accept their offers, these users “spoof” bids by withdrawing them. Although we try to list only legit projects we can not be responsible for any issues or loss due to scam. The Blur foundation has also received 3% of the BLAST supply, which will be distributed to traders and BLUR holders.

This is due to certain desperate sellers offering their precious NFTs for sale at low prices to create liquidity. Holders should immediately think twice before selling their NFT if their offer is accepted. The rationale is that you can sell the NFT for a profit if you give the market time to fill up.

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.

1. Besides Blur royalties, the platform has another metric that determines how much Blur users get in their care package.
2. The least royalty percentage is 0.5, but one can customize this and opt for higher figures.
3. Bid points are also influenced by the duration and risk of the bid, as well as the popularity and rarity of the NFT collection.
4. 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.