Here, choose the “Points” option to get the most recent list. Greater airdrop competition also results in more aggressive platform bidding. markets vs swissquote Bidding spreads are smaller, and floor prices are greater. Therefore, it will be more difficult to bid on and sell NFTs at a profit.
The sale prices aren’t high enough to raise suspicion, but the assets are being flipped at such frequency to generate enormous trading volume. It’s not immediately clear who holds the Ethereum wallet that claimed that enormous stash of tokens, but it’s a relatively new wallet created less than three months ago. It has also been incredibly active in the NFT space, trading massive sums of Mutant Ape Yacht Club and Otherside NFTs in recent days. Listing blue chip NFTs can help your chances as well as listing collections with active trading volume. By actively listing NFTs on Blur your Blur loyalty score will rise along with a chance of getting a legendary care package.
In addition, Lending Points are also only emitted at half the rate of Bidding and Listing Points. In fact, the top trader snagged more than $1.9 million worth of the Ethereum-based governance tokens. To celebrate the launch of the platform, Blur will be hosting airdrop events for NFT traders to get a chance at claiming blur’s native BLUR token in early 2023.
Lending points are awarded to users who lend their NFTs on Blend, Blur’s new product that allows users to borrow and lend NFTs. The blend is a way to earn passive income from your NFTs and access rare and exclusive NFTs without buying them. Bid points are also influenced by the duration and risk of the bid, as well as the popularity and rarity of the NFT collection. According to predictions, points will be 210 times harder to obtain, but if season 2 airdrops continue longer, more points will be available overall.
Besides Blur royalties, the platform has another metric that determines how much Blur users get in their care package. Blur Loyalty is a snapshot of the number of NFT traders listed on Blur compared to OpenSea, X2Y2, and LooksRare. The loyalty program counts multi-listed NFTs as loyalty points as long as the price indicated on Blur is the same as or lower than the price on other marketplaces. In November 2022, Blur launched another airdrop dubbed Airdrop 2. This was still within Season 1, and it rewarded all traders who actively listed NFTs on the Blur marketplace in November.
- For season 1, users who have traded NFTs on any platform in the past six months are eligible for blur airdrop.
- Eligible participants received Care Packages with nearly ten times more BLUR tokens than those offered during the airdrop one.
- Blur airdrops reward participants with generous amounts of BLUR, making them a worthy investment.
- Airdrop 3 aims to be twice as rewarding as Airdrop 2, and with 360 million BLUR tokens allocated to it, it will likely meet this target.
- Therefore, Blur declared that all listing and bidding points for Season 2 will be quadrupled going forward until May 1, 2023.
Billing itself the “marketplace for pro traders,” Blur raised $11 million in a seed round led by Paradigm and announced in March 2022. Yes, you do, but you are not directly spending it on Blur. You will be spending it on investments inside the platform. These investments depend on the criteria for airdrop qualification. However, they may include trading BLUR, adding a new collection to Blur’s marketplace, or listing an NFT collection.
How to get BLUR airdrop for NFT traders
Maximum $BLUR airdrops will be guaranteed by 24/7 absolute loyalty. The Blur team is also searching for those who attempt to “game” the system by faking bids. When someone attempts to accept their offers, these users “spoof” bids by withdrawing them.
Is it possible to “game” the system to accrue more Blur points?
Blur season one marks the period between Blur’s launch in October 2022 and February 14th, 2023. During this period, the marketplace was in its infancy, with few users and a need for funding. They achieved both and decided to reward those who took a chance on them by offering airdrops one and two.
BLUR’s 1st airdrop is for NFT traders with over 1 ETH in trading volume on Opensea in the last 6 months. Blur hasn’t yielded billions of dollars’ worth of suspicious-looking trades, however, unlike LooksRare did last year. But data shows that Blur has far fewer active turkeys top crypto exchange partners with regtech leader coinfirm traders and transactions than OpenSea over the past week, despite posting more overall trading volume. This marketplace has held three successful airdrops, where beneficiaries receive generous amounts of the BLUR token based on the selection criteria for each airdrop.
According to him, the goal of bidding on Blur should not be to avoid getting a bid or bidding and removing them quickly. This is because NFT markets move faster than you can remove a bid. Instead, the strategy when bidding on Blur is to get a good price on an NFT. Because in fact, you do want to have some successful bids. This is because there are some desperate sellers selling their valuable NFTs at low prices for liquidity.
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He reminds blur bidders that market makers sometimes go for the highest offer. Instead, they strive to fill the order book on both sides and at all levels. Consider bidding on the top collections closer to the floor price to increase your point total.
Blend (short for Blur Lending) is a peer-to-peer perpetual lending protocol for NFTs. It allows NFT holders to borrow ETH against their NFTs without needing to sell them. Meanwhile, if you want to buy an NFT, you can buy now pay later. For example, you can buy a Punk with 8 ETH (instead of 50 ETH), and borrow the remaining 42 ETH. After making your purchase, you can take full ownership of your NFT anytime by repaying your borrowed amount. Or, you can list your NFT at any time and keep any profit when you sell.
The platform has zero marketplace fees meaning traders can use the Blur marketplace for free. Recent posts about the Blur airdrop have sent ripples across the crypto world. With 360 million Blur, worth at least $385 million, up for grabs, it’s no wonder many crypto enthusiasts and traders are all over the topic. Does it have any tangible value to its beneficiaries, and is there a formula that explains how to get Blur airdrop? He says that the objective of bidding on Blur shouldn’t be to prevent receiving a bid or to remove them swiftly. This is so that you may delete a bid quickly from NFT marketplaces, which move quickly.
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However, Sugar Shane has another approach, which he claims is more cautious and can get you more points over time while limiting losses. To maximize your Blur airdrop, follow his advice and imagine yourself as an NFT market maker. Have faith in your NFT collection, and don’t attempt to sell it for less than you paid. Look for collections with a lengthy history, a big volume, and few competitors to bid on. Additionally, you may place a bid on as many collections as you want with the same ETH.
The marketplace has awarded the token allotments in three waves to date. The first wave was offered up to eligible Ethereum NFT traders who used a competing marketplace in the six months prior to Blur’s own launch. The second wave was for Blur users who listed their NFTs for sale on the marketplace through November, while the final wave is for traders who bid on NFTs through Blur. For each airdrop edition, the platform has significantly increased the rewards that come with each care package. As a result, beneficiaries receive more blur, and the token’s value rises because interested parties are investing heavily in the platform. Since February, the leading NFT platform, OpenSea, has witnessed less NFT trade volume than Blur.
The season 2 airdrop prizes and its conclusion date are yet unknown. Additionally, there will probably be fewer $BLUR prizes in season 2 due to more players competing for airdrops. Find the relatively high volume, low competition, and long-term collections binance cryptocurrency exchange review to bid on. Also, you can use the same ETH to bid on as many collections as possible. Data from analytics platform Dune suggests that about 13% of Blur trades are classified as suspected wash trading, compared to about 2% for OpenSea.