Blur is an NFT marketplace on the Ethereum network designed for pro traders. Backed by Paradigm, the platform launched for public use in October 2022, making it a relatively new entrant into the highly competitive NFT market.

What sets Blur apart from its competition is that it functions like a direct marketplace on the lines of OpenSea while also serving as an aggregation platform like Genie & Gem. This unique model ensures that Blur users enjoy higher liquidity - both created by its own marketplace and leveraged from other NFT marketplaces.

With a distinct focus on UI and UX, Blur is designed from the ground up for users who have expertise in trading NFTs. In addition to its design elements, pro traders can enjoy meager trading fees and faster settlement on the Blur marketplace.

BLUR is the native token of the Blur NFT Marketplace and is an ERC-20 token on the Ethereum network. It will drive the platforms community ownership efforts, allowing BLUR holders to participate in the platforms decentralized governance mechanism and earn rewards from the revenues generated by Blur.

The Blur.io NFT marketplace hosts its own collections and serves as a market aggregator. In addition to a wide range of popular NFT collections to trade, it also offers professional NFT traders several advanced analytics and portfolio management capabilities.

The Blur market aggregator also provides a one-stop source where NFT traders can compare prices of popular non-fungible tokens across multiple marketplaces. This option lets them find the most competitive rates and trading fees, giving them the most profitable NFT trading opportunities available in the market.

Blur is an Ethereum-based NFT platform designed to offer the lowest gas fees on the network. This is a handy feature, as Ethereum has often been plagued with high gas fees, despite being the most extensive ecosystem for NFTs in the blockchain and crypto industry.

Blurs users enjoy faster NFT sweeps and snipes than other leading NFT marketplaces. They also enjoy access to accurate real-time price feeds, superior UI and user experience, and zero trading fees when selling their NFTs on the platform.

Blurs public launch took place in October 2022, making it a very recent entrant in the NFT market as of February 2023. Its developers had conducted the first round of $BLUR airdrops to early adopters who had used the platform in the beta phase six months before the official launch.

The first round of airdropped BLUR tokens, known as Care Packages, were distributed well before the official release of the native cryptocurrency. Blur.io announced the second round of airdrops for users who had traded NFTs on the platform since November 2022 - three months before the release of the token.

These Care Packages consisted of four levels of rarity depending on their trading history. Listing a higher number of NFTs on Blur instead of other NFT marketplaces increases the users loyalty, making them eligible for receiving more rare and valuable Care Packages.

Users can start exchanging their Care Packages for $BLUR tokens following the tokens launch on 14 February 2023. In addition, traders who have used the Blur platform since 14 February 2023 can also receive airdrops of the BLUR cryptocurrency.

Blur (BLUR) is an attractive cryptocurrency investment, particularly if you have confidence in the potential of the NFT market and associated tokens. As the native token of a popular NFT marketplace, the BLUR price has the potential to experience gains as the industry matures, attracts more users and applications, and delivers increased value.

The price of the Blur token could also strengthen as more NFT collections launch exclusively on its platform. Such partnerships could stimulate higher on-chain activity, driving investor demand for the BLUR token.

Furthermore, the value of BLUR could rise alongside an overall improvement in market sentiment towards cryptocurrencies. This would attract more investors and traders to the market who are constantly seeking new tokens to buy and hold, which could contribute to gains in the BLUR to USD price.

While it is impossible to provide an exact BLUR price prediction for any given duration, several factors play a crucial role in driving the price action and volatility of BLUR crypto. These factors include:

Level of Adoption

The BLUR token price could increase as more traders utilize the Blur NFT marketplace for NFT trading. Higher trading volumes could enhance the appeal of buying and holding BLUR crypto, thereby supporting its value in the market.

Future Developments

As the development team introduces new features such as analytics and trading tools, more users can sign up and begin trading their NFTs on the Blur platform. Additionally, partnerships with reputable NFT collections and news about funding can also boost BLUR price statistics.

Market Outlook

The price of the Blur token could also receive support from a bullish or positive sentiment among crypto traders. A risk-on sentiment in the crypto market could encourage buying activity and generate interest in trading and holding BLUR tokens. Conversely, a bearish or risk-off sentiment could weaken the BLUR price in the market.

BLUR is the native cryptocurrency of the Blur NFT marketplace and serves the following purposes:

Governance Token

As a BLUR token holder, you can participate in Blur's governance process. You have the ability to vote on proposals recommending future upgrades and contribute your thoughts on the project's evolution.

Airdrops to Reward Loyal Users

Since February 2023, following the official launch of the BLUR token, Blur has been distributing its native crypto asset as an incentive to reward active traders on the platform. Early adopters received BLUR token airdrops via Care Packages, and traders who have used the platform since November 2022 can also receive BLUR as a reward for their loyalty towards Blur.

Crypto Asset for Trading and Holding

Trade Blur crypto against other cryptocurrencies and profit from changing market conditions. You can buy or sell BLUR against other digital assets or hold it long-term if you believe in the future potential of the Blur.io NFT marketplace. Before trading BLUR in the market, review the live price of the Blur token, BLUR market cap, circulating supply, 24-hour trading volume, and the latest crypto news.

Incentive Token

BLUR token holders will also receive a percentage of revenues from the Blur marketplace as a reward. This mechanism aims to drive higher engagement with the NFT marketplace among traders.

Blur will conduct multiple rounds of token airdrops. Here's how to check if you are eligible for any of the rounds and can receive $BLUR airdrop:

Early Adopters

Users who participated in the Blur NFT marketplace beta testing six months before its launch received BLUR airdrops in the form of Care Packages. Following the token's launch on February 14, 2023, they can now exchange their Care Packages to redeem BLUR tokens.

Blur Users

All users who have traded on the Blur platform between November 2022 and February 13, 2023, can claim BLUR airdrops. You can check your eligibility by connecting your wallet to the Blur.io app.

All users who trade on the Blur marketplace and accumulate bid points and list points until March 14, 2023, are also eligible to claim BLUR airdrops. To participate, you must connect your wallet and trade NFTs on Blur to earn points. The higher your loyalty, calculated based on your trading activity, the more tokens you can claim through the airdrop.

The total supply of BLUR tokens is set at 3 billion, and all tokens were minted at genesis. As of February 2023, the circulating supply of BLUR stands at 360 million.

The developers plan to gradually unlock access to the remaining supply of BLUR tokens over a period of four to five years. The initial token distribution details are as follows:

1. 51% of BLUR tokens are allocated to community members.

2. 29% of the total supply is allocated to past and future contributors, with a four-year vesting schedule.

3. 19% of the supply is reserved for investors with a four-year vesting schedule.

4. 1% of BLUR tokens will be allocated to project advisors, with a vesting period spanning four to five years.