Introduction
The NFT marketplace landscape has undergone a significant shift since the launch of Blur in October 2022. Once dominated by OpenSea, the market now sees Blur frequently surpassing its competitor in trading volume—despite reports that up to 80% of Blur's volume may stem from wash trading by large NFT holders.
This guide explores Blur's unique features, including its zero-fee structure, royalty enforcement mechanisms, tokenomics, and lucrative airdrop campaigns.
What Is Blur?
Blur is an NFT aggregator that consolidates listings from platforms like OpenSea, LooksRare, and X2Y2. Designed for professional traders, it offers:
- Real-time price comparisons
- Portfolio management tools
- Bulk listing capabilities
- Zero transaction fees
The 10-Person Team Behind Blur
Co-founder Tieshun Roquerre (24) revealed how Blur's lean team outpaced OpenSea by focusing on underserved power traders. The platform mimics stock-trading interfaces, prioritizing data like price movements and ownership stats over artistic displays.
👉 Discover how Blur's team revolutionized NFT trading
How to Use Blur
Wallet Connectivity
Supported wallets: MetaMask, WalletConnect, Coinbase, and OKX.
Trading Modes
Trader Mode (Default):
- Advanced metrics (floor price trends, trading volume).
Collector Mode:
- Visual-centric browsing (similar to OpenSea).
Fees and Royalties
| Feature | Blur Policy |
|-----------------------|--------------------------------------|
| Transaction Fees | 0% |
| Royalties | Minimum 0.5% enforced; full royalties for collections excluding OpenSea. |
Royalty Enforcement Options
- No Block: 0.5% minimum.
- Block Blur: Full royalties on OpenSea; 0.5% on Blur.
- Block OS: Full royalties on Blur if OpenSea is excluded.
BLUR Tokenomics
- Total Supply: 3 billion BLUR.
Distribution:
- 51% to community.
- 29% to core contributors (4-year vesting).
- 19% to investors (4-year vesting).
Airdrops and Loyalty Rewards
- Season 1 (2023): 360M BLUR distributed.
- Season 2: 300M BLUR for users with 100% loyalty (exclusive Blur listings).
Pro Tip: Maximize rewards by delisting NFTs from other marketplaces.
Blend: Blur's NFT Lending Protocol
Launched in May 2023, Blend enables P2P perpetual loans using NFTs as collateral. Key features:
- No oracles or expiration dates.
- Market-driven interest rates.
- Supports "Buy Now, Pay Later" for NFTs.
FAQ
Q: Is Blur better than OpenSea for beginners?
A: Blur caters to experienced traders; OpenSea’s interface is more beginner-friendly.
Q: How do I qualify for BLUR airdrops?
A: Trade NFTs on Blur or hold Care Packages.
Q: What’s the minimum royalty on Blur?
A: 0.5%, but creators can enforce higher rates by excluding OpenSea.
Q: Can I borrow against any NFT on Blend?
A: Yes, if a lender accepts your collateral.
Conclusion
Blur’s data-driven approach and incentives make it a powerhouse for high-volume traders. Its tokenomics and Blend protocol further solidify its position as an NFT market innovator.
For updates, follow Blur’s official channels.