Binance.US Lists Blur (BLUR) | Trade Now
What is Blur (BLUR)?
Blur is a marketplace and NFT market aggregator providing users with analytics, portfolio management features, and the option to compare NFTs across various marketplaces.
Blur allows users to manage all of their NFT storage, research, and purchasing in one single platform.
The BLUR token is a governance token, allowing token holders to vote on key parameters of the Blur protocol - including core, process, and informational governance proposals.
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.
What Is Unique About Blur (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).
Notably, the platform has no trading fees for NFT sales, and traders can view their digital assets through Blur's portfolio tab, which delivers information about rarity, value, profit and loss, and more.
How Many Blur (BLUR) Coins Are There in Circulation?
Currently, the total number of BLUR tokens in circulation is 360 million, with a maximum supply of 3 billion scheduled for an eventual release.
How Is the Blur 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.