Blur is the native governance token of Blur, a unique non-fungible token (NFT) marketplace and aggregator platform that offers advanced features such as real-time price feeds, portfolio management and multi-marketplace NFT comparisons. It claims to have faster NFT sweeps, and a more intuitive interface than other comparable platforms.
As a result, many professional NFT traders increasingly prefer to use Blur for their trading activities — although it may be due to incentives like the recent airdrop of 360 million BLUR tokens — worth around $355M at the time of writing. It is an Ethereum-based platform that has raised over $14m from world class investors and traders including Paradigm, 6529, Cozomo Medici, dhof, Bharat Krymo, Zeneca, OSF, MoonOverlord, icebergy, Deeze, Andy8052, Keyboard Monkey and many more.
BLUR came to prominence after launching in October 2022, when it promised airdrops of BLUR tokens to the top platform users.
Blur Crypto Point Table
|Circulating Supply||484,281,841 BLUR|
|Official Project Website||Click Here To Visit Project Website|
BLUR Price Live Data
The live Blur price today is $0.472655 USD with a 24-hour trading volume of $20,524,292 USD. They update BLUR to USD price in real-time. This is down 1.03% in the last 24 hours. The current CoinMarketCap ranking is #130, with a live market cap of $228,860,446 USD. It has a circulating supply of 484,201,693 BLUR coins and the max. supply is not available.
If you would like to know where to buy Blur at the current rate, the top cryptocurrency exchanges for trading in Blur stock are currently Binance, BTCEX, OKX, Deepcoin, and CoinW. You can find others listed on our crypto exchanges page.
Who Are the Founders of Blur (BLUR)?
Blur’s founders and developers are active only through pseudonyms. The founder is known as Pacman, a Web3 developer. Zeneca, Founder of ZenAcademy and The 333 Club, took on the role of Director of the Blur Foundation.
According to Blur, the team has experience across MIT, Citadel, Five Rings Capital, Twitch, Brex, Square, and Y Combinator.
What Was the BLUR Airdrop?
The series of Blur airdrops gave access to BLUR tokens in the form of Care Packages. The Care Packages have four tiers of rarity and were distributed to users who were active with beta testing six months before the official Blur launch in October 2022. The second airdrop was for traders actively listing on the marketplace through November 2022, while the third drop was allocated to traders who placed bids on Blur through February 14, 2023.
The February 2023 airdrop was a massive global event, with BLUR’s price jumping to over $5 before dropping to under $1 within 24 hours, as many recipients sold straight away.
What Is Unique About Blur (BLUR)?
Blur has been specifically designed to excel in areas where other platforms fall short, specifically in the hotly debated NFT creator royalties category. It supports creatives by providing those who pay royalties with extra BLUR tokens as an incentive and strives to strike a fair balance between creators and traders.
It does not fully support secondary market creator royalties as OpenSea does. However, in a brazen decision in February 2023, it announced that any collections that blocked sales on OpenSea could collect their full royalty fees on Blur.
Despite being tailored towards professional traders, newcomers to the NFT market can also benefit from Blur’s various features with some effort put into learning how to use the platform.
Blur also stands out from other NFT marketplaces with its numerous features that support better NFT trading experiences that could help traders optimize profits. It allegedly has a faster NFT sweep and snipe function, real-time price feeds, and a sorting function based on price. As an aggregator, it connects to X2Y2, OpenSea, and LooksRare (LOOK).
Real-time Price Feeds
Blur provides real-time price feeds that allow users to stay updated with the current values of NFTs. This feature enables informed decision-making by providing accurate and timely information on the market trends, helping users assess the value and potential of specific NFTs.
With Blur, users can efficiently manage their NFT portfolios. The platform offers comprehensive tools to organize and track their holdings, providing an overview of their collection’s performance, value, and historical data. This feature simplifies portfolio management and empowers users to optimize their NFT investments.
Multi-Marketplace NFT Comparisons
Blur serves as an aggregator platform, enabling users to access multiple NFT marketplaces in one centralized location. This feature streamlines the process of discovering, comparing, and evaluating NFTs across different platforms. Users can explore a wide range of NFT offerings, compare prices, and make more informed decisions based on their preferences and market conditions.
Blur’s native governance token allows users to actively participate in the decision-making processes that shape the platform’s future. Holders of Blur tokens gain voting rights, enabling them to influence platform governance matters. This democratic approach ensures that the community has a say in key decisions, fostering a decentralized and user-centric ecosystem.
How Many Blur (BLUR) Coins Are There in Circulation?
Currently, the total number of BLUR tokens in circulation is 360 million, with a maximum supply of 3 billion scheduled for an eventual release.
How Is the Blur Network Secured?
BLUR operates on the Ethereum blockchain as an ERC-20 token, secured through Proof-of-Stake — the Ethereum network’s consensus mechanism after 2022’s Merge event. This mechanism uses validators to confirm transactions, and validators stake 32 ETH to participate in consensus and validating transactions.
Where Can You Buy Blur (BLUR)?
If you want to know where to buy BLUR at the current rate, the top cryptocurrency exchanges for Blur token are Coinbase, KuCoin, Kraken, Uniswap, OKX, Huobi, Bybit, BTCEX, BingX, Bitget and more. You can find others listed on crypto exchanges page.
In conclusion, Blur represents an exciting development in the world of non-fungible tokens (NFTs) with its native governance token. As the backbone of the Blur platform, this token empowers users to actively participate in the decision-making processes that shape the platform’s future. By holding Blur tokens, users gain voting rights and can influence key governance matters, ensuring a community-driven approach to platform development and evolution.
What sets Blur apart is its advanced features, which provide a comprehensive and user-friendly experience for NFT enthusiasts. The real-time price feeds offer up-to-date information on the value of NFTs, allowing users to make informed investment decisions. Additionally, the portfolio management feature enables users to organize and track their NFT holdings efficiently, while the multi-marketplace NFT comparisons allow users to explore and compare offerings from various platforms in one centralized location.