Cryptocurrency

Blur reveals additional 300M token airdrop to loyal users

Non-fungible token (NFT) marketplace Blur said it will distribute an additional 300 million tokens to loyal users during the second season of its airdrop.

Blur airdropped 300 million tokens to early users on February 14th.

How to qualify for Blur’s ‘Season 2’ airdrop

market Said Airdrop “Season 2” inspires user loyalty.

According to Blur, users get a 100% loyalty score if they don’t have listings elsewhere. She added that users who list her NFTs in good standing or more active collections on that platform will get a 100% score.

On the other hand, users can further enhance their potential with other activities, such as interacting with Blur’s social media posts.

Blur warning:

“Don’t try to cheat the system. Relisting NFTs at unrealistic prices, sibilling them, or listing dead collections doesn’t help.”

Blur Takes OpenSea

OpenSea, which previously controlled about 80% of the market, recently lost that dominance to Blur.

For context, according to the available data, Blur’s trading volume has surpassed OpenSea’s over the past 24 hours, and thus over the past week and month.

Dapp Radar data shows that Blur traded $108.08 million in the last 24 hours, while OpenSea hit $19.27 million. In the last 30 days, Blur volume increased 117% to $894.48 million, while OpenSea increased 12% to $433.15 million.

OpenSea recently introduced new avenues to regain market share, but analysts say Blur’s new loyalty score initiative will keep users away from other NFT platforms.

On top of that, Blur surpassed decentralized applications like Uniswap to become the top ETH burner. The marketplace also contributed to NFT gas usage, rising to 27% of total ETH gas consumption.

Blur’s native token is trading at $0.956 after dropping 22% over the past 24 hours. of crypto slate data.

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