Blur Coinmarketcap (BLUR) Review : Is It Good Or Bad Coin Read Our Article

About Blur Coinmarketcap

Blur Coinmarketcap is the native governance token of Blur, a unique non-fungible token (NFT) marketplace and aggregator platform that offers advanced features such as real-time price feeds, portfolio management and multi-marketplace NFT comparisons. It claims to have faster NFT sweeps, and a more intuitive interface than other comparable platforms.

As a result, many professional NFT traders increasingly prefer to use Blur for their trading activities — although it may be due to incentives like the recent airdrop of 360 million BLUR tokens — worth around $355M at the time of writing. It is an Ethereum-based platform that has raised over $14m from world class investors and traders including Paradigm, 6529, Cozomo Medici, dhof, Bharat Krymo, Zeneca, OSF, MoonOverlord, icebergy, Deeze, Andy8052, Keyboard Monkey and many more. BLUR came to prominence after launching in October 2022, when it promised airdrops of BLUR tokens to the top platform users.

Blur Coinmarketcap Point Table

Blur Coinmarketcap Live Price Data

Who Are the Founders of Blur (BLUR)?

Blur’s founders and developers are active only through pseudonyms. The founder is known as Pacman, a Web3 developer. Zeneca, Founder of ZenAcademy and The 333 Club, took on the role of Director of the Blur Foundation. According to Blur, the team has experience across MIT, Citadel, Five Rings Capital, Twitch, Brex, Square, and Y Combinator.

What Was the BLUR Airdrop?

The series of Blur airdrops gave access to BLUR tokens in the form of Care Packages. The Care Packages have four tiers of rarity and were distributed to users who were active with beta testing six months before the official Blur launch in October 2022. The second airdrop was for traders actively listing on the marketplace through November 2022, while the third drop was allocated to traders who placed bids on Blur through February 14, 2023.

The February 2023 airdrop was a massive global event, with BLUR’s price jumping to over $5 before dropping to under $1 within 24 hours, as many recipients sold straight away.

Blur Coinmarketcap Features

NFT Marketplace

Users can buy, sell, and trade their digital assets on Blur’s extensive NFT marketplace. It offers a fluid environment for exploring and discovering NFTs across many categories, with an easy user interface and search features.

Real-Time Price Feeds

Blur incorporates real-time price feeds for NFTs, enabling users to keep up with the most recent market movements. These precise pricing feeds offer useful information whether you’re wanting to keep tabs on the value of your collection or look for prospective investment opportunities.

Blur Coinmarketcap Portfolio Administration

Blur Users may properly track and manage their NFT holdings with the use of the powerful portfolio management tools provided by Coinmarketcap. Users may manage their collections, keep track of performance indicators, and learn important information about their investment holdings.

NFT Comparisons Across Multiple Marketplaces

Blur offers a special tool that enables customers to compare NFTs across many marketplaces. When purchasing or selling NFTs, this functionality enables users to examine pricing, rarity, and other aspects and make educated judgements.

Blur Coinmarketcap Governance and Voting

Holders of BLUR, the native governance token, have the ability to vote and participate in the platform’s governance. They have the ability to vote on amendments, upgrades, and other governance issues, providing the community a say in how the platform develops in the future.

Rewards and incentives

Blur Coinmarketcap presents a rewards programme that encourages active engagement on the platform. By participating in activities, sponsoring events, or adding liquidity to the market, users can earn BLUR tokens.

What Is Unique About Blur Coinmarketcap (BLUR)?

Blur has been specifically designed to excel in areas where other platforms fall short, specifically in the hotly debated NFT creator royalties category. It supports creatives by providing those who pay royalties with extra BLUR tokens as an incentive and strives to strike a fair balance between creators and traders.

It does not fully support secondary market creator royalties as OpenSea does. However, in a brazen decision in February 2023, it announced that any collections that blocked sales on OpenSea could collect their full royalty fees on Blur.

Despite being tailored towards professional traders, newcomers to the NFT market can also benefit from Blur’s various features with some effort put into learning how to use the platform.

Blur also stands out from other NFT marketplaces with its numerous features that support better NFT trading experiences that could help traders optimize profits. It allegedly has a faster NFT sweep and snipe function, real-time price feeds, and a sorting function based on price. As an aggregator, it connects to X2Y2, OpenSea, and LooksRare (LOOK).

How Is the Blur Coinmarketcap Network Secured?

BLUR operates on the Ethereum blockchain as an ERC-20 token, secured through Proof-of-Stake — the Ethereum network’s consensus mechanism after 2022’s Merge event. This mechanism uses validators to confirm transactions, and validators stake 32 ETH to participate in consensus and validating transactions.

Where Can You Buy Blur (BLUR)?

If you want to know where to buy BLUR at the current rate, the top cryptocurrency exchanges for Blur token are Coinbase, KuCoin, Kraken, Uniswap, OKX, Huobi, Bybit, BTCEX, BingX, Bitget and more. You can find others listed on our crypto exchanges page.

Blur Coinmarketcap Conclusion

In conclusion, Blur Coinmarketcap (BLUR) is the unique NFT marketplace and aggregator Blur’s governance token. Blur offers consumers a seamless and thorough NFT experience with real-time price feeds, portfolio management, and multi-marketplace NFT comparisons. Additionally, BLUR token owners get access to exclusive platform perks and governance privileges. With its cutting-edge features and user-centric approach, Blur Coinmarketcap is revolutionising the NFT field.

Blur Coinmarketcap FAQ