Blur, the ascendant NFT marketplace, introduced on Tuesday that it’s going to quickly airdrop 300 million tokens in extra tokens to loyal customers. However, this announcement comes only a day after Blur surpassed once-untouchable competitor OpenSea as the preferred Ethereum NFT buying and selling platform by way of the buying and selling quantity.
However, it can distribute 300 million tokens to merchants throughout the platform’s “Season 2,” which has already begun. According to CoinGecko, the token is presently buying and selling at $0.99.
Blur To Distribute Tokens Based On Loyalty Score
The firm claims that tokens might be given out to merchants in “Season 2” as a part of a extra rigidly gamified program. Customers of Blur might be given a “loyalty score” based mostly on how they use and assist the buying and selling platform. However, for instance, patrons and sellers who don’t use every other NFT market will obtain a 100% loyalty rating.
The variety of BLUR tokens a consumer will ultimately obtain in a later airdrop will rely on 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.
Users with 100% loyalty have the best probabilities of Mythical Care Packages, that are value 100x Uncommon Care Packages.
Here are 3 methods to maximise your loyalty???? pic.twitter.com/Cgiemrvpxh
— Blur (@blur_io) February 21, 2023
Any motion, irrespective of how small, might enhance a consumer’s probability of receiving extra tokens below this new loyalty system. The firm indicated on Tuesday that even quote-tweeting its Season 2 Twitter announcement might enhance a consumer’s loyalty rating.
The majority of BLUR might be distributed to group members who contribute to the protocol’s success, and loyalty is likely one of the greatest methods to try this irrespective of how a lot itemizing and bidding you do!
— Blur (@blur_io) February 21, 2023
Currently, Blur Has More Market Volume Than Opensea
The buying and selling volumes on Blur are presently noticeably increased than these on OpenSea. However, the vast majority of that exercise seems to have been pushed by a smaller group of whale merchants. They typically flip NFTs to take advantage of Blur’s rewards system and earn as a lot BLUR as they will. However, the acceptance of Blur’s native token will decide how nicely that rewards program does. The token has misplaced about 24% of its worth prior to now day, falling from $1.28.
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