BLUR(BLUR)Project Analysis-CoinW Institute

CoinW Exchange
3 min readFeb 16, 2023

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BLUR(BLUR)Project Analysis

1. Research Institute Review

The Blur NFT marketplace continues to lead the NFT trading volume charts, pushing OpenSea, the world’s largest NFT marketplace, into second place. Despite its recent debut in October, Blur already accounts for the largest share of total NFT transactions across all marketplaces. 46% of total weekly volume is now accounted for by Blur, while its largest competitor OpenSea currently accounts for only 36%. 11 million was raised by the Blur NFT Marketplace in its early stages of development. Since then the platform’s bid pool has soared to an all-time high of $42 million, further evidence of the marketplace’s popularity. In fact, NFT Marketplace observers attribute the increase in sales to these airdrops, which have spurred trading activity on the platform. blur has ranked #2 in Value over the past month, having surpassed platforms such as X2Y2 and LooksRare.

2. Recent breakout points

NFT aggregation platform

3. Project description

Blur is the NFT marketplace for professional traders. blur was founded because people wanted a faster platform to trade NFT on their own. none had the features needed, so blur built it. blur lets you scan and list individual markets, snip displays and manage your portfolio faster than anywhere else.

4. token role

Governance

5. token economic model

The BLUR governance token launches in January 2023, but so far no details of the maximum supply of tokens and token allocation have been revealed, so there is not much information on the Blur token structure at this stage. information on the 3 rounds of airdrops is as follows.

First airdrop launched in October and users need to have an NFT on the Blur platform within 14 days to be eligible.

Second airdrop: the airdrop went live on December 5, full royalty gets 2X points; traders get 5% extra points for 3 sweeps.

Third Airdrop: You can start earning points for Blur’s third airdrop when you place a bid. 6.

6. Project Highlights

1. Buyers can set the creator royalty to 0%, which makes the buyer’s cost lower and means the creator won’t get any income from secondary sales.

2. Blur can be used without a wall, while Opensea requires a wall.

7. Investment institutions

Paradigm (top investment institution), 6529, Cozomo Medici, dhof, Bharat Krymo, Zeneca, OSF, MoonOverlord, icebergy, Deeze, Andy8052, Keyboard Monkey, etc.

8. Community

Twitter: 150,000, diccord: 11 people, 11,000 people online, the community is more real

9. Future prospects

Blur has come a long way since its inception less than two years ago, and despite the current crypto winter, there is still a team of active and dedicated developers who believe in the long-term vision of crypto. From a technical perspective, Blur has beaten other NFT marketplaces and aggregators. With such rapid expansion, it has surpassed OpenSea as the premier NFT marketplace. Blur attracts more trading volume than any other marketplace, with OpenSea being its only real competitor. opensea, LooksRare, X2Y2, Element, only Blur trades the fastest, 10x faster than Gem, and is a marketplace and aggregator in one, aggregating data from Opensea, looksrare, X2Y2, and Element. Blur is the only “floor sweeper”, because buyers can set the creator royalty to 0%, the cost of buyers becomes low, and more and more buyers will join the Blur platform in the future to participate in transactions.

Basic Information

Project Description: Blur is a new NFT trading marketplace +NFT aggregator, equivalent to a younger version of Opensea+GEM, which aims to disrupt the NFT trading market by providing better functionality and faster transactions.

Token Full Name: BLUR

Token name: BLUR

Project website:https://blur.io/

Project Documentation.

Block query.

Will be announced on Feb 14, 2023

Liquidity query.

To be announced on 02/14/2023

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CoinW Exchange
CoinW Exchange

Written by CoinW Exchange

Established in 2017, our top-tier integrated trading platform offers futures trading and a range of other services to over 7 million users globally.

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