Metaversal is bankless newsletter Weekly level-ups for NFTs, virtual worlds and collectibles
Dear country without banks
$RARE for SuperRare, $ENS for Ethereum Name Service, $LOOKS for LooksRare.
these are some maximum Airdrop events in the NFT ecosystem so far.
In particular, a new project joined the ranks today. This is the NFT Marketplace Blur with a new governance token $BLUR.
With a massive amount of activity currently spiking around $BLUR, it’s time to get all the basics right!
-WMP
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Blur, the NFT marketplace aggregator that recently competed against OpenSea, is highly anticipated $BLUR Airdrop Today, Tuesday, February 14th.
why it matters: Blur’s $blur Launching is both a strategy to achieve decentralized governance of that market and a tactic to gain market share from rivals like OpenSea. The airdrop is the largest the NFT ecosystem has seen since early last year, and has accordingly sparked a new surge of attention and activity around NFTs.
key address: there were some fake $BLUR address Floating trying to capitalize on the excitement of airdrops. These will go unnoticed as the actual $BLUR token is live and on a central stage, but regardless of these early stages, make sure to use trusted smart contracts to verify.
Tokenomics: The total supply of $BLUR is 3 billion tokens. The amount of airdrop tokens that Blur just released to the community for claiming was $360 million of BLUR, or 12% of the total supply. 78% of the supply will be delivered to the team’s two lockup smart contracts, with the remaining 9% of the tokens controlled by the Blur multisig wallet. Team vesting will occur next along his four-year schedule.
Billing method: go to Blur.io Click the “Airdrop” tab. Click through to see the intro animation and Blur season 1 stats, then open the care package you need to get (geo-blocked for US users). You must confirm your claim by sending a confirmation tweet saying “I have claimed $BLUR…” and complete the transaction to receive $BLUR in your wallet.
Airdrop activity ETH Gas Price Soars As of this writing, charge $BLUR when the gas settles down. He has 60 days to complete the claim.
current price movement: The first price discovery for $BLUR on Uniswap this morning was above US$3 a pop, but soon came under heavy selling pressure, with the price dropping to $0.49 before rising steadily again. started. At the time of writing, $BLUR was trading around his $0.70.Only time will tell what happens next, but if previous NFT airdrops like $LOOKS and $X2Y2 are any indication, the price of $BLUR is in May Top out in the next 72 hours, at least for the first market cycle.
Season 2 rewards: Many have speculated whether Blur will continue token incentives after the airdrop, and now such rewards have been confirmed as Blur announced the arrival of ‘Season 2’ incentives.
So, for the next 30 days, Blur will double all bid points and listing points on the market. Note that you earn points for future $BLUR rewards.
NFT market war: Currently, the trading of $BLUR is very volatile, but current market activity suggests that the token has a market capitalization of around US$253 million. This places the token in the market capitalization ballpark of similarly constructed $LOOKS and $X2Y2 tokens, but Blur has recently facilitated much higher NFT trading volumes than LooksRare and X2Y2.
Tomorrow, at Bankless, we’ll have an opinion on how Blur can transform its initial momentum to beat out competitors, including NFT juggernaut OpenSea. Please note that. Of course, Blur’s ultimate victory is not guaranteed and won’t be easy, but Blur has a fighting chance and the launch of $BLUR is a big strategic and tactical step in that direction. Whatever happens, it will be fascinating to see how the market war evolves from here.
William M. Peester is a professional writer and creator of metaversal— Bankless newsletter focused on the emergence of NFTs in the crypto economy. Recently, we also provide content to Bankless, JPG, etc.
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