BLUR 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.
## 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.
How to Buy BLUR on an Exchange
Step 1: Choose a Reputable Exchange Platform
Select a trusted platform from among many available options for purchasing BLUR. Some reputable platforms include HTX、Bybit、Bitget, and others.
Step 2: Register an Account
Here, we'll register an account on the Bybit(registration link) trading platform. You may need to provide personal information such as phone number and email to complete the registration process.
Step 3: Complete Identity Verification
For security purposes, some platforms may require you to complete identity verification. Follow the platform's instructions to provide necessary identity information (such as country/ID number) and undergo facial recognition. Once your identity is confirmed, you'll receive notification.
Step 4: Link Bank or Payment Method
Link your bank account or other payment methods to the exchange platform for making payments when purchasing BLUR.
Step 5: Purchase BLUR
Find the option to buy coins on the exchange platform, choose the C2C coin purchase process, and then input the quantity of BLUR you wish to purchase. Typically, you'll choose to buy USDT first and select your preferred payment method. Simply place the order, make the payment to the seller, and you'll receive the cryptocurrency. Once payment is complete, you can use your exchange assets to buy BLUR.
Step 6: Store Your BLUR
After purchasing, you can choose to store your BLUR in the digital wallet provided by the exchange platform or transfer it to a hardware wallet under your control.
Step 7: Security Reminder
To protect your exchange account and BLUR assets, be sure to use a strong password and enable two-factor authentication.
BLUR Price:BLUR is a unique governance token native to the Blur platform, which serves as both an NFT marketplace and aggregator. The platform offers advanced features such as real-time price updates, portfolio management, and multi-market NFT comparisons. It claims to provide faster NFT scavenging capabilities and a more intuitive user interface compared to other platforms.The price fluctuates daily, you can go to the exchange: Bybitto check the price.
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