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Altcoin News

BLUR Rolled Out Most Awaited Airdrop for $BLUR Tokens

The airdrop will be allocated into three waves to cover different users and traders.

Written By Rajpalsinh
Published 2023-02-15
Make The Crypto Times preferred on GoogleGoogle
Blur Dominates NFT Market, Leaving OpenSea Struggling to Keep Up

A newly arrived NFT marketplace, Blur announced a long-awaited airdrop of $BLUR tokens to reward Ethereum NFT traders. From Feb 14, users can open their Care Packages, a granted locked package to users, to claim tokens’ allotment. The airdrop will be open for the next 60 days.

$BLUR is now LIVE

All traders across all marketplaces in the last 3 months, Care Package holders, and Creators are eligible for the airdrop.

You have 60 days to claim your BLUR ⏰ pic.twitter.com/AZynnHeIhz

— Blur (@blur_io) February 14, 2023

Blur was launched last year, in October with the commitment of token rewards for their users. Blur strives to compete with the giant NFT marketplace on Ethereum, Opensea. By dropping 360M BLUR tokens, the marketplace is jumping on the journey of decentralisation as these tokens will give governance power to the community. 

As per the data present on the website, the tokens will be distributed across the community, advisors, investors, and contributors for respectively 51%, 1.2%, 18.8%, and 29%.

To consider different users and traders, Blur has decided to drop token allotment into three different waves. 

In the Airdrop 1, the token allotment will be offered to qualified Ethereum NFT traders. The trader must have a 6-months trading history in the competing marketplace before Blur was rolled out.

Also Read: Uniswap launches NFT Marketplace aggregator with $5M Airdrop

Airdrop 2 is applied to users who listed their NFTs through November. Airdrop 3 and last wave would consider traders who bid on NFTs through Blur.

At the time of writing, nearly 87% $BLUR tokens have been claimed, which is quite impressive. It shows the potential of the marketplace to give tough competition to Opeansea.

However, the users have seen a long haul for $BLUR tokens’ airdrop. Earlier, the airdrop was planned to launch in January, but afterward, it was canceled and postponed.

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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