Discover BLUR crypto price predictions based on facts and its potential growth.
What Is Blur Crypto?
Marketplace
NFTs (Non-Fungible Tokens) are digital assets representing unique items from art to music to games to collectables – creating an unprecedented demand for platforms enabling their acquisition, sale or trading.
Blur.io and OpenSea are two of the premier non-financial trading marketplaces.
Blur.io was only launched in October 2022 but quickly rose to become one of Ethereum’s top NFT marketplaces, surpassing OpenSea in terms of sales volume.
OpenSea is one of the oldest and largest NFT marketplace platforms, established in 2017. It supports various NFT across various platforms and protocols like Ethereum, Polygon, Solana and Binance Smart Chain, among many others.
Blur.io and OpenSea both possess unique advantages as NFT marketplaces, with both offering zero fees for sellers and low buyer fees; however, both may face scaling issues with continued growth.
Why Blur.io Stands Out?
Some of its key advantages include:
- Real-time price feeds: Provide users with real-time updates of NFT prices, allowing them to see market trends and opportunities instantly. Meanwhile, portfolio management enables them to manage their collections across various platforms (OpenSea, Rarible and SuperRare, among others) with ease.
- Multi-marketplace NFT comparisons: Allows users to compare NFTs across various marketplaces and platforms such as Polygon, Solana, Binance Smart Chain and others.
- Floor depth visualizations: Display floor depth visualizations that show how many NFTs are available at various price points in an NFT collection.
- Automatic metadata updates: Unleash the artworks of newly issued NFTs by automatically updating their metadata.
- Trait-based floor listings: Display NFT prices according to their traits such as rarity, attributes or properties.
- Gas fee presets: Enhance trading efficiency by enabling users to set their desired gas fees for transactions.
BLUR Token
Blur.io provides holders with its native token, BLUR, to gain access to governance, rewards and exclusive features.
This platform has garnered much praise due to its generous airdrops, rewarding loyal and active users with BLUR tokens as rewards.
Blur.io provides many uses for its BLUR token:
- Governance: By holding BLUR tokens, holders have access to voting on Blur Improvement Proposals (BIPs) that affect the development and direction of the platform.
- Reward: Holders can earn rewards by providing liquidity or participating in other activities on the platform – this token could provide you with voting power that could make a real difference!
- Access: Only BLUR holders can take advantage of some exclusive features and benefits, including curated collections, premium listings and special events.
Exclusive features available only to BLUR holders
- Trading Fee Discounts: Take advantage of Blur.io’s trading fee discounts and sell NFTs without incurring fees at all. In contrast, buyers only incur minimal charges of 0.5% for purchases of high-quality NFTs from various sources and platforms like OpenSea, Rarible and SuperRare – for no added charge when selling NFTs to us!
- Curated Collections: Access curated collections of high-quality NFTs available across various sources like OpenSea, Rarible and SuperRare that buyers can purchase at reduced rates for both parties involved – whether selling or buying!
- Premium Listings: to increase visibility and potential sales.
- Special Events: Take part in exciting special events and promotions like giveaways, auctions, drops or collaborations with artists and creators.
Blur Crypto Airdrop
The first airdrop
The first airdrop for Blur.io, launched on October 20, 2022, was open to those who actively traded NFTs on any Ethereum-based marketplace within six months before Blur’s launch in October 2022. These users could claim free care packages via Blur’s website.
Care packages are NFTs that can be opened in exchange for BLUR tokens, the amount in each care package being determined by trading activity and loyalty of their owner.
The second airdrop
This airdrop was exclusively available to users who listed NFTs for sale on Blur.io through November 2022 and who were eligible to claim free care packages based on their listing activity and loyalty.
Establishing loyalty means listing only NFTs on Blur.io or adhering to royalty agreements made with original creators.
The third airdrop
The third airdrop was for users who had placed bids on NFTs through Blur.io and could claim free care packages based on their bidding activity and loyalty.
Bidding loyalty refers to placing bids close to the floor price of National Financing Transactions (NFTs) or using Blur.io’s sweep feature to do so.
NFT community members eagerly anticipated the most recent airdrop, which was postponed from January to February 2023. Users who claimed care packages could open them on February 14, 2023, to claim their BLUR tokens.
The airdrop generated immense enthusiasm, driving trading volume for BLUR tokens to an all-time high of USD 45.98 within one day.
Tokenomics
Tokenomics for BLUR was developed to empower its community and provide democratic governance of its protocol.
- Community (51%): Airdrops, Treasury Funds and Ecosystem Funds make up this portion.
- Airdrops are the primary way that Blur.io distributes BLUR tokens to its users based on trading activity and loyalty.
- Treasury funds may be used to cover expenses such as development, marketing, partnerships or operational expenses.
- Ecosystem funds are utilized for grants, bounties, hackathons and other community initiatives. Ecosystem funds also pay team tokens vested over four years with a one-year cliff.
- Investors (18.9%) include seed round and private round investors.
- Investor tokens will be distributed over two years with a six-month cliff period
- Advisor (1.2%) tokens will also be granted on a gradual basis over two years with six-month cliff periods.
Vesting
- Community (51%): Tokens distributed in this way will be disbursed over four years with daily unlocks between February 14, 2023, and 2027; their distribution ratio being 40% in year 1, 30% in years 2 & 3, 20% for years 4 and 10% in years 5. Team (28.9%):
- Team: Team tokens will be distributed over four years, with daily unlocks starting February 14 2023 and continuing until February 14 2027. Team tokens follow a similar distribution ratio as community tokens. However, there will be a four-month lock-out between February 14 and June 14, 2023, in which no tokens will be unlocked during this timeframe.
- Investors (18.9%): Investor tokens will be released daily between February 14, 2023, and February 14, 2025, with daily unlocks between those dates, at a ratio equivalent to that for community tokens – though investors have an earlier cliff from February 14, 2023, to April 14, 2023.
- Advisors(1.2%): Advisor tokens are assumed to have a vesting schedule similar to investor tokens.
BLUR crypto price prediction
Search engines have seen an increased level of interest in BLUR crypto price predictions over recent months, which speaks volumes.
Predicting the market price of assets at any particular moment would be impossible, yet it is undeniable that Blur.io is becoming more and more popular over time and gathering new members into its community stepwise.
When Bitcoin completes its next halving cycle in 2024, and the circulation supply of BLUR still lies far short of total supply, market capitalisation could potentially reach 1- 2 billion USD, possibly exceeding $2 in price at some points.
(*) Please be aware that this post represents nothing more than speculation with no solid proof and should not be taken as financial advice.
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