Blur
Blur is an exceptional marketplace and NFT aggregator that provides outstanding portfolio management tools, in-depth statistics, and the ability to compare NFTs across several marketplaces. These capabilities make this marketplace increasingly appealing to expert NFT traders.
This Ethereum-based digital marketplace differentiates itself from other platforms in the NFT sector. Blur has been designed to meet the needs of even the most demanding NFT traders, providing advanced features for maximum profit potential. When it comes to NFT sweeps and snipes, it operates at a higher speed than other comparable marketplaces. This NFT marketplace sets itself apart from others by offering real-time price updates, a price-based sorting feature, a streamlined interface, and no fees for NFT sales, making it an attractive option for buyers and sellers.
Blur was released in October 2022, and it has already made a lot of progress to improve the NFT buying experience. It is a platform and aggregator for NFT markets, backed by Paradigm and other VC firms. Before the platform was officially launched, NFT traders who invited the highest number of users to sign up for the waiting list were given beta-testing privileges. The platform's owners and developers are only known by pseudonyms. For instance, the founder is referred to as Pacman.
Blur fixes some of the market's biggest problems. There is a deficiency of NFT platforms designed for professional traders. As a result, large trading firms and whale traders are left with limited options to satisfy their requirements. Blur's user-friendly interface allows for the widespread adoption of NFTs and other digital assets. Fees in the NFT sector have been relatively high. The majority of NFT platforms are built on the Ethereum network, and until recently, the blockchain's transaction fees were extremely high. These charges were imposed as a result of network congestion. Blur is an affordable alternative. The network has no marketplace costs, which is one of the reasons why so many professionals have turned to the platform for their NFT needs. There have been several concerns raised about NFT security. The stability and security of these unique digital assets depends on how they were coded. Blur solves this issue by utilizing third-party audits.
Blur takes advantage of the complete scalability of Ethereum 2.0. With more than 1,000 transactions per second, the network has a tremendous capacity for expansion. As a result, the Ethereum-based digital marketplace has become the hub for major NFT merchants, issuers, and collectors. Blur presents a gamified method of collecting NFTs. They use airdrops to give NFT collectors and creators more reasons to gather and make NFTs. This approach has been successful, as more users have moved to the platform than ever in the last few months.
The Blur token is utilized as the governance token for the Blur marketplace, which enables the platform to develop toward a more decentralized future. In addition to this, it gives traders the opportunity to take part in the governance protocol of the platform and to gain from the success of the marketplace. Furthermore, the currency is utilized for airdrops and rewards for platform users.
| NAME | NEWS/EVENTS | IMPACT |
| 14/04/2023 | OKX has announced a partnership with Blur.io to completely integrate the OKX Wallet on the world's top Ethereum-based NFT Marketplace | +33% Increase |
| 16/02/2023 | Nansen data shows that Blur NFT daily trading volume exceeded OpenSea | +27% Increase |
Blur has caused significant disruption in the NFT market, despite its relatively short existence of less than a year. From its lightning-fast speed to its advanced analytical capabilities and gas-free transactions, this marketplace is the ideal platform for professional traders. As the NFT marketplace evolves, it is reasonable to anticipate the introduction of new features that will further elevate the trading experience.
