The new NFT marketplace Blur held an airdrop with a value of roughly $1,500 and since their much-touted airdrop, the BLUR tokens have already gathered over $500 million in trade volume in the past few days. However, the Blur team has announced that there will be a second season of the airdrop, during which both listing points and bidding points will be increased by 100% until April 1st, 2023.
Blur’s Upcoming Season 2 Airdrop
The second season of the Blur airdrop comes as a result of the initial airdrop’s major success and is done with the intention to further entice users in utilizing the new NFT platform. Airdrops are frequently used as a form of advertisement by cryptocurrency projects and involve the distribution of free tokens or coins to a large audience.
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The BLUR team shared their thoughts on the upcoming airdrop in the following way:
Season 1 was just the beginning. There’s a lot more coming. Season 2 rewards have not been revealed yet, but for the next 30 days, all bidding and listing points have been doubled. All bidding and listing points are doubled until 04/01.
Users who have traded NFTs on the platform six months before the airdrop were sent a Care Package containing a specific number of BLUR tokens as part of the company’s inaugural airdrop. The probabilities of receiving really rare Care Packages with a lot more tokens depend on a user’s luck when they unveil these Care Packages, according to Blur’s loyalty program. If the average loyalty throughout the airdrop campaign stays high, there are more chances of receiving the BLUR tokens.
Blur Airdrop Details
A user needs both “Listing Points” and “Bid Points” in order to take part in the airdrop for Blur Season 2 content. The user’s odds of receiving an airdrop increase in proportion to the number of points they have. The Blur team dropped hints about a few other ways that users could make the most of their airdrops. These include things like listing additional NFT collections, making use of all of Blur’s listing capabilities (such as listing by floor price, trait floor price, and ladder list), listing on other NFT markets through Blur, and listing a minimum of three sweeps on Blur before Airdrop 2 takes place.
Moreover, the Blur Bidding Pools have hit an all-time high of $132.65M TVL, which is almost 2.4 times the TVL for Aptos and 0.5x the TVL for Solana. Blur has also surpassed both Uniswap and Seaport to become the most popular protocol on Ethereum in terms of the amount of gas used. This has led to the OpenSea platform experiencing apprehension ever since the new marketplace was made available to consumers on the market.
In response to that, OpenSea had recently brought new changes to its platform which many believe to be unequivocal evidence that Blur is consolidating its position as a dominant player in the NFTs trading industry. And, therefore the cost of Blur’s native token has gone through the roof. As things stand, the price of Blur (BLUR) is currently trading at $14.23 which represents a decrease of 1.57% over the past 24 hours, in contrast to a gain of 4.31% over the last seven days, according to CoinMarketCap’s crypto market tracker.
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Pratik has been a crypto evangelist since 2016 & been through almost all that crypto has to offer. Be it the ICO boom, bear markets of 2018, Bitcoin halving to till now – he has seen it all.
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.