Blur (BLUR)

From CryptoWiki

NFT marketplace on Ethereum

Basics

History

Audits & Exploits

Bugs/Exploits

Governance

Admin Keys

DAO

Treasury

Token

Launch

"Over 90% of BLUR tokens were already claimed by 89k addresses. The high demand caused Ethereum gas to surge to a new all-time high of 2000 Gwei, following Otherside's sale. The top airdrop recipient was anonymous and granted over 3.2m BLUR tokens, worth $3m at the time. Post-airdrop behavior analysis shows that out of the 89k wallets that received BLUR tokens, 72.7% (69k wallets) sold their tokens, with 19.7% (13.6k) of those deposited to CEXs. Only 2.8% (2.7k wallets) bought more. 24.5% (23k wallets) are still holding onto their tokens."

"BLUR has a total supply of 3B tokens, of which 360M, or 12%, were claimable by eligible users on Tuesday."

Token Allocation

Utility

Other Details

Coin Distribution

Technology

Transaction Details

How it works

Fees

Upgrades

Staking

Validator Stats

Liquidity Mining

Scaling

Interoperability

Other Details

Oracle Method

Their Other Projects

Roadmap

  • Can be found [Insert link here].

Usage

"Since its public launch in October last year, Blur has positioned itself as the most promising competitor to OpenSea and an ideological rival. OpenSea has long dominated the NFT market, but Blur has recently gained ground on the back of an airdrop campaign geared towards incentivizing usage of the platform. Since December, trading volume on Blur has topped that of OpenSea in all but two weeks, according to data gathered by Hildobby, a pseudonymous data analyst at crypto venture capital firm Dragonfly. It should be noted, however, that OpenSea still maintains a commanding lead in terms of active users despite the surging volumes on Blur."

Projects that use or built on it

Competition

Pros and Cons

Pros

Cons

Team, Funding and Partners

Team

  • Full team can be found [here].
  • From their announcement (28-3-2022):

"We’ve assembled a team of builders with experience from MIT, Five Rings, Brex, Square, and Y Combinator"

Funding

"Blur set to raise at billion dollar valuation. Blur initially went out to potential backers in the hope of raising $15 million to $30 million, with a price tag of $700 million in mind, only to see it tick higher as the round became oversubscribed."

"Blur has raised an $11 million seed round led by Paradigm to build the best NFT marketplace for pro traders. Joining Paradigm in this round are other amazing partners including eGirl Capital, Keyboard Monkey, LedgerStatus, 0xMaki, Santiago Santos, Zeneca, Deeze, Andy (Fractional) and more."

Partners

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