Blur has been in the news a lot lately following its first airdrop that happened on February 14th, where it distributed 360 million $BLUR tokens, about 12% of the entire token’s allocation. At about $1.20 per token, the entire airdrop was worth over $432 million, which was mainly distributed between the traders with the top activity on the NFT trading and aggregation platform.
Blur’s prominence in the DeFi and NFT space is getting more established, as it recently surpassed Opensea in daily NFT trading volume on the Ethereum network. As a result, Blur has gained much traction in the crypto world and has fast become the talk of the town.
Amid all these, Blur has maintained high industry interest by announcing plans to launch a season 2 airdrop a few days after distributing over $430 million tokens. According to the official announcements, the season 2 airdrop will be worth $300 million, and unlike the first one that took many people by surprise, Blur has released detailed guidelines on how to benefit from the season 2 airdrop.
What is Blur?
If this article’s introduction leaves you confused, hold on a second.
Blur is a decentralized community-driven NFT marketplace and aggregator designed for professional traders that allows them to execute trades faster. Unlike other popular marketplaces, it offers many highly-requested features and quality-of-life updates, including real-time price feeds and the ability to sort NFTs by trait floor price. This makes the NFT trading experience more streamlined and intuitive to institutionalize the NFT space while increasing decentralization.
Despite being fairly new in the NFT trading industry, Blur has fast gained popularity due to its unique features and novel approach to NFT trading, and in that regard, the platform has launched the $BLUR token for traders to participate in DAO governance to participate in decentralized decision making as it concerns the platform.
Three hundred twenty million $BLUR tokens were airdropped in Blur’s season 1 airdrop, and they have promised a second airdrop season which will come up soon.
How To Qualify For Blur’s Season 2 Airdrop
According to Blur’s official Twitter release, loyalty is the most important metric to qualify for the season 2 airdrop. The release stated, “Users with 100% loyalty have the highest chances of Mythical Care Packages, worth 100x Uncommon Care Packages.”
Below are ways to show your loyalty to Blur.
- List your NFTs through blur only. If you list NFTs through other platforms, your score will be reduced.
- List as many NFTs as possible, particularly blue-chip NFTs and active collections. Listing inactive NFT collections will do you no good.
- Place bids on listed items within Blur. Listing rewards on the platform will be as large as bidding rewards.
- Complete all your transactions within a single wallet to earn the best loyalty score.
- Don’t try to game the system by listing or relisting NFTs with unrealistic prices.
Although loyalty earns the most points, you can also earn tokens by interacting with blur on Twitter via this Tweet
P.S. You can contribute to the Blur community in many ways, including quote tweeting this thread with a reason for why you use Blur :) https://t.co/Lxy3mOjdPt
— Blur (@blur_io) February 21, 2023
It’s important to note that “loyalty” remains the most important metric because there are no clear terms of how Twitter engagements will be rewarded with airdrop tokens. Regardless, it's worth trying even if you can’t accrue high NFT trading volumes on the platform.
Will Blur Season 2 Indeed be worth $300 million?
About two weeks ago, when Blur announced that it would distribute another 300 million $BLUR tokens, it was trading at about $0.99 per token. However, as more people try to cash in on their airdropped tokens, $BLUR’s value keeps reducing, even trading below $0.60 within that period.
$BLUR is currently trading at $0.62, and You can monitor real-time prices of the $BLUR token with live charts via Cwallet
Blur hasn’t released a timeline of when the season 2 airdrop will be distributed; however, it remains clear that 300 million tokens will be distributed, and the actual dollar value will depend on $BLUR’s price at that moment.
Final Takeaway
Blur's innovative approach to NFT trading and its unique features have made it popular among traders. Additionally, its upcoming airdrop has seen it soar high among its closest competitor, OpenSea, recording over $ 1 billion more in NFT transactions for the past 30 days.
You can also benefit from the paradigm change in the NFT trading industry by fulfilling the loyalty criteria of Blur and interacting with them on Twitter. Good luck!
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