The power of rewarding users:
How @blur_io is dominating web3 🔥↓
Covered in this thread:
• What is Blur?
• Blur Rewards
• Token Drop
• Blur Foundation
• Why it Matters
• Looking Forward
• What Now?
1. What is Blur?
Launched in September 2022, Blur is an NFT marketplace/aggregator
Users can list/buy/bid on NFTs from all ETH marketplaces
Blur was quickly popularized due to a 0% marketplace fee on NFT sales
2. Blur Rewards
Traders were given multiple ways to gain points, which earned them reward boxes
Point Incentives:
• Buy/Sweep
• List + Loyalty to Blur
• Collection Bids
Boxes revealed as 3 rarities correlating to different $BLUR amounts
3. Token Drop
On Feb. 14th, $BLUR went live & traders were able to claim their tokens
Users made a LOT of money that will flow back into the NFT ecosystem
Creators of NFTs traded on Blur.io were also rewarded with tokens
At time of writing, $BLUR sits at $1
4. Blur Foundation
The Blur Foundation was created to help foster community-led growth for the protocol
@Zeneca & @PacmanBlur will act as directors
$BLUR gives the community control over the DAO & allows them to participate in governance
Learn more:
blur.foundation/
5. Why it Matters
Previously, NFT marketplaces have treated users as just a revenue source
Blur found a way to improve trading & drive volume while rewarding their users
When the market needed it most, they made NFT trading exciting and worthwhile
6. Looking Forward
Along with the $BLUR drop, Blur announced a SECOND round of rewards
This will drive even more volume due to the FOMO & liquidity provided by $BLUR
Blur.io is rapidly becoming the go-to for serious NFT traders, with no end in sight
7. What Now?
With the lowest fees + rewards, trading NFTs on blur.io seems like a no-brainer
Even casual traders earned a lot of money from the first token drop
"Farming points" by placing bids etc. is a popular strategy, but exercise caution
NFA, DYOR
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