Blur, the ascendant NFT marketplace, introduced on Tuesday that it’s going to quickly airdrop 300 million tokens in extra tokens to loyal customers. Nevertheless, this announcement comes only a day after Blur surpassed once-untouchable competitor OpenSea as the most well-liked Ethereum NFT buying and selling platform when it comes to the buying and selling quantity.
Nevertheless, it should distribute 300 million tokens to merchants throughout the platform’s “Season 2,” which has already begun. In accordance with CoinGecko, the token is at the moment buying and selling at $0.99.
Blur Will Distribute Tokens Based mostly On Loyalty Rating
The corporate claims that tokens might be given out to merchants in “Season 2” as a part of a extra rigidly gamified program. Prospects of Blur might be given a “loyalty rating” primarily based on how they use and assist the buying and selling platform. Nevertheless, for instance, consumers and sellers who don’t use some other NFT market will obtain a 100% loyalty rating.
The variety of BLUR tokens a consumer will finally obtain in a later airdrop will rely upon their loyalty rating in addition to what number of NFTs they listing.
300M+ BLUR might be distributed to the group in Season 2.
What’s the key to maximizing rewards? Loyalty.
Customers with 100% loyalty have the best possibilities of Legendary Care Packages, that are price 100x Unusual Care Packages.
Listed below are 3 methods to maximise your loyalty👇 pic.twitter.com/Cgiemrvpxh
— Blur (@blur_io) February 21, 2023
Any motion, regardless of how small, may improve a consumer’s probability of receiving extra tokens beneath this new loyalty system. The corporate indicated on Tuesday that even quote-tweeting its Season 2 Twitter announcement may increase a consumer’s loyalty rating.
The vast majority of BLUR might be distributed to group members who contribute to the protocol’s success, and loyalty is without doubt one of the greatest methods to try this regardless of how a lot itemizing and bidding you do!
— Blur (@blur_io) February 21, 2023
At present, Blur Has Extra Market Quantity Than Opensea
The buying and selling volumes on Blur are at the moment noticeably greater than these on OpenSea. Nevertheless, nearly all of that exercise seems to have been pushed by a smaller group of whale merchants. They typically flip NFTs to use Blur’s rewards system and earn as a lot BLUR as they’ll. Nevertheless, the acceptance of Blur’s native token will decide how nicely that rewards program does. The token has misplaced about 24% of its worth up to now day, falling from $1.28.
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