Like LooksRare and other marketplaces that have emerged following the rise of the NFT market, Blur is trying to build up an audience by offering potentially valuable token rewards to traders. 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. Airdrop 3, was rewarded to traders who placed bids on the Blur platform with Care Packages containing $BLUR tokens. It was the largest and last reward of Season 1, ending on 14th February 2023.

More Blur Airdrop Strategies: Trade like an NFT market maker?

Millions of eligible users will receive the new governance token of the token-gating tool, which is currently utilized by over 43,000 NFT communities. 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 bitcoin cash abc cfds can remove a bid. Instead, the strategy when bidding on Blur is to get a good price on an NFT. This is because there are some desperate sellers selling their valuable NFTs at low prices for liquidity.

50% will be distributed to Blur community members based on their Blur Points and 50% based on their Holder Points. Blur ($BLUR) refers to itself as the “Fastest NFT Marketplace”. Recently they completed the first season of 3 airdrops- known as “Care Packages”. Meanwhile, Blur has announced they will distribute over 300 million $BLUR in Season 2, and all listing and loyalty points will be doubled until 1 May 2023. Blur’s Season 2 airdrop has already closed with over 300 million BLUR being distributed. Blur however, have confirmed they will be doing a Season 3 airdrop in May 2024.

And if your bid is successful, holders should consider not rushing to sell their NFT. The reason for this is that if you allow time for the market to fill up, you may be able to sell that NFT for a profit. 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 traders and transactions than OpenSea over the past week, despite posting more overall trading volume. They haven’t been confirmed yet whether the rewards will be in the form of tokens or not, but you can set up SUI wallet and set yourself up for success if in case there is a $SUI airdrop. Your winnings will face id with glasses be revealed in February.This airdrop is rewarded based on your activity on the Magically marketplace.

1. Airdrop 3, was rewarded to traders who placed bids on the Blur platform with Care Packages containing $BLUR tokens.
2. Wash trading is the practice of a user serving as both the buyer and seller in a transaction.
3. Then, to look at how many tokens the project intends to allocate towards airdrop campaigns, as well as the difficulty in participating in their airdrop.
4. Now that you know everything about all the upcoming airdrops and ways to maximize it, take action and don’t miss out this time.
5. Make sure that you do your research about the crypto project before finalizing your participation in any crypto-related event.
6. $BLUR token was launched on 14th February 2023 and is listed on ByBit, Coinbase, Uniswap, Kucoin, Gate.io and many other exchanges.

Some users have reported more than $100,000 worth of airdrops. With the success of BLUR Season 1, many are now looking for the next big airdrop to get in on. But with so many airdrops happening at once, it can be overwhelming to keep track of the best ones.

Magically.gg – Pro Analytics Marketplace:

Transferring NFTs for loyalty i.e. transferring NFTs to list on other marketplaces. Also, washing trading for points by using bots to wash trade in order to increase visibility of a collection and therefore increasing the points allocated towards it. Finally, spoofing bids by using bots to create fake bids that cannot be accepted and front run bid accepts to get points without any risk. However, the hype around token rewards has also prompted suspicion over how much “wash trading” is taking place on the platform as users potentially manipulate trades to boost rewards. That’s what happened with LooksRare in early 2022, as users traded NFTs back and forth between their own wallets at artificially inflated prices to manipulate the rewards model. Billing itself the “marketplace for pro traders,” Blur raised $11 million in a seed round led by Paradigm and announced in March 2022.

NFT Marketplace Wars Heat Up As Blur’s Airdrop Drives It To The Top Spot

To date, this strategy has paid dividends, but whether its market penetration can last over the long term has yet to be determined. The Blur DAO will govern key parameters of the platform, setting the protocol’s value accrual and distribution. These parameters may include the protocol fee rate after 180 days (up trezor vs ledger reddit 2021 to 2.5%) and the issuance of treasury grants to support further development of the marketplace. These decisions will be critical in shaping the future growth of the platform and determining Blur’s success in the face of competition. The Blur airdrop signals that tokens, if implemented properly, can be a useful incentivization mechanism to encourage users to engage in certain activities and bootstrap the growth of a new platform. By applying this playbook, Blur effectively used a gamified approach (via Care Packages) to build out the marketplace in stages, first focusing on supply and then demand.

How to Claim Blur Airdrop?

A sponsored claim means that Collab.Land is not requiring claimants to pay gas. He reminds Blur bidders that market makers do not always aim for the top bid. Instead, they try to fill the order book at every level, and on both sides of the order book.

In this comprehensive guide, I’ll cover everything you need to know about airdrop farming so you can get maximize your gains and highlight some of the best airdrops happening after BLUR Season 1. Having 24/7 perfect loyalty will ensure maximum $BLUR airdrops. There will be a linear unlock of 1.2 million $BLUR per day distributed to the community treasury. And the next cliff unlocks will be on 15th June 2023, unlocking 196 million $BLUR to all holders. In the past, they have released a statement that early users will be compensated. The following four groups are eligible for a sponsored claim.