Latest news about Bitcoin and all cryptocurrencies. Your daily crypto news habit.
Non-fungible token (NFT) marketplace Blur said it would distribute additional 300 million tokens to loyal users during the second season of its airdrop.
Blur previously airdropped 300 million tokens to its early users on Feb. 14.
How to qualify for Blur’s “Season 2” airdrop
The marketplace said the “Season 2” of its airdrop would incentivize loyalty amongst its users.
According to Blur, users would get a 100% loyalty score if they don’t have listings anywhere else. It added that users who list blue chips NFTs or more active collections on its platform could score 100%.
Meanwhile, users can further boost their chances with other activities, which include interacting with Blur’s social media posts.
“Don’t try to game the system. Relisting NFTs at unrealistic prices, sybiling, or listing dead collections won’t help.”
Blur usurps OpenSea
OpenSea, which previously controlled around 80% of the market, has recently lost its dominance to Blur.
For context, Blur’s trading volume has beaten that of OpenSea in the last 24 hours and, by extension, over the past week and month, according to available data.
DappRadar data shows that Blur’s trading volume in the last 24 hours was $108.08 million, while OpenSea recorded $19.27 million. Over the past 30 days, Blur’s volume has grown by 117% to $894.48 million, while OpenSea’s increased by 12% to $433.15 million.
While OpenSea recently introduced new measures to regain its market share, analysts said Blur’s new loyalty score initiative disincentivizes users from other NFT platforms.
Blur’s native token is trading at $0.956 after a 22% drop in the last 24 hours, according to CryptoSlate’s data.
The post Blur reveals additional 300M token airdrop to loyal users appeared first on CryptoSlate.
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.