Blur, which was introduced to users in the NFT market last year, made an important announcement tonight. Blur, which surpassed OpenSea as the most valuable NFT marketplace in the market with the NFT frenzy in 2021, announced that the second airdrop season will end on November 20. So what can investors expect during this process and how can this affect the Blur token? Let’s examine together.
Blur Airdrop Event
In the Blur airdrop event announced on October 19, 2022, the team based their criteria on the NFT trading volumes on OpenSea in the last six months. The first claim event took place on February 14, 2022, and users made a significant income on the platform. Especially during that period, the troubled market conditions caused users to stay away from the NFT market.
The main airdrop event that influenced the dynamics of the market was announced by the team on November 6, 2022. According to this, in the event named the second airdrop season, users bidding on NFT collections determined by the team on the Blur platform and conducting buy and sell transactions earned points for the event. In today’s announcement, it was stated that this event will end on November 20 and the eligible users will become BLUR token holders.
The removal of copyright fees in Blur’s NFT collections and the inclusion of bids in the scoring system caused a significant drop in the base prices of Blue Chip NFT collections, and the Blur platform became the target of criticism by many Web3 users.
Message from Users to OpenSea
Despite all these, OpenSea’s silence in the face of these developments and its delayed response to some of the events enabled Blur to become the most used and voluminous marketplace in the NFT market. After the announcement from the Blur team, many Web3 users made airdrop-related posts for OpenSea.
The BLUR token is witnessing the worst times of the recent period. An announcement from a team in the midst of the cryptocurrency market crisis led to an increase in sales for BLUR. As of the time of writing, BLUR is trading at $0.1625 after reaching its peak of $1.40 on February 19, 2023. 12% of the total supply of 3 billion tokens was allocated for the airdrop. This number corresponds to 360 million BLUR.
