It's okay to read my Luffy's rise again, it's awesome, and it makes me think a lot of things.
There are not many people who make me admire, because I admire not how much money you have, what does your A11 old wall lamp and daddy taste all day have to do with me.
It is you who have the thinking, the wisdom, the unfalsifiable system, and the articles or conversations that allow me to get the sublimation of the soul.
Before Luffy, Qian E sat in Blur to trade, and various new star geniuses rose or fell, a very interesting story. Prepare to write.
DLF
From Failure to Glory: My Path to Asset Growth in the Blockchain Industry
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brian flynn
I think it's helpful that something like this becomes a public good for startups. Because if we can find the most incentive aligned model, we can make funding much more accessible and new playbooks that blur the lines between capital formation and distribution
brian flynn
Launching a token from day one is the natural endgame for project tokens. The real key is incentive alignment: release tokens only to actual users and customers, tie their value to revenue share, and remove every bit of friction in the process
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Beacon reposted
Beacon
NFT Follow-up & Best Practice to Prevent Your Community from Being Farmed
One of the major problems faced by all projects is how to engage and keep engaging your community after releasing your token.
This isn’t new, it’s something we’ve seen since the first Uniswap airdrop, then Blur, and more recently with chains like Berachain, Movement, Initia, and others.
NFTs remain one of the simplest and most effective ways to gather a project’s community (if you know of a more effective method today, I’m open to ideas, personally, I still think it's the easiest).
NFTs allow you to:
- Centralize the attention of CT on a single NFT collection’s Twitter page. When a project gets the attention of a well-regarded NFT collection, CT thinks: “Whoa, this project could be big.”
- Engage a community of thousands of holders who have often spent hundreds or even thousands of dollars to be part of that group (from a marketing perspective, that gives you a highly qualified panel of potential future customers for projects).
Since the dawn of humanity, people have always needed to gather, it’s not likely to change unless humans are entirely replaced by AI.
NFTs are still very easy to analyze in terms of project quality, even with the existence of tools like ChatGPT. This ease of judgment has contributed to the success of memecoins, and it’s also partly why NFTs continue to remain attractive. If you’ve used ChatGPT even a little, it’s pretty obvious when an artist is leading the project (which is basically the foundation for any good NFT collection).
I’ve never understood why people say NFTs are dead—it’s just a crypto format. It’s like saying ERC20 or SPL tokens are dead, which makes no sense. Good NFTs survive, and good tokens survive too, as long as they have strong fundamentals.
One of the challenges is that many communities get farmed when they become attractive, often by dishonest projects (a core team member of the project uses the PFP of a known collection, or a project’s Discord gives a special role to that community—this is now very common and well known).
In my opinion, the best practice if you don’t want your community to be farmed and therefore avoid massive disappointment at the TGE and damage to your NFT community’s reputation is the following:
Sign a deal at the moment when the two projects want to interact. The two core teams can agree on whether there will be an airdrop or not for the community.
This mainly applies to already established, VC-backed NFT communities (and I think we’ll see more of these in the future). The clearest example is how many projects engaged with the Sloth community just to farm their traction. Projects that sign a deal could communicate about it publicly for marketing purpose. That reassures the community and encourages them to engage (and then they will "work" for their bag).
I don’t see why such a deal couldn’t be signed, unless you’re doing mass marketing before your product is sufficiently developed, in which case you’re doing things backwards.
And a good way to ensure projects continue to receive support from an NFT collection is by managing the release schedule of the portion of the supply allocated to that collection. Solutions for this already exist and are becoming more common. For example, Kingdomly’s marketplace has implemented an NFT staking solution that serves this purpose.
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Nick P 🐈🏆
Apple lost the lawsuit, a key step in the NFT revival
This news is rarely discussed in the Chinese-speaking world, but it may rewrite the history of NFT and cryptocurrency!
In the past, NFT platforms such as Opensea, Stepn, and Blur have been struggling with for a long time, that is, when they are listed on the App Store, it is difficult to divert traffic to external websites, and they will be charged a 30% handling fee if they are successfully diverted.
Now, Apple has lost the case and the restrictions have been lifted 👇
1️⃣ App developers can direct users to external websites to purchase products
2️⃣ External purchases are no longer subject to Apple's 30% commission
3️⃣ You don't need to apply for an external link or button to put it
4️⃣ App Store in the US only, not available in other regions
It's the same as saying
App developers are free to embed external links, and in the future, users will have a smoother process of buying NFTs, participating in mint, and even paying with cryptocurrencies on their mobile phones, and will no longer be restricted by iOS or charged expensive fees.
HUGE 🔥 HUGE 🔥 HUGE 🔥
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Nick P 🐈🏆
Apple lost the lawsuit, a key step in the NFT revival
This news is rarely discussed in the Chinese-speaking world, but it may rewrite the history of NFT and cryptocurrency!
In the past, NFT platforms such as Opensea, Stepn, and Blur have been struggling with for a long time, that is, when they are listed on the App Store, it is difficult to divert traffic to external websites, and they will be charged a 30% handling fee if they are successfully diverted.
Now, the restriction is lifted 👇
1️⃣ App developers can direct users to external websites to purchase products
2️⃣ External purchases are no longer subject to Apple's 30% commission
3️⃣ You don't need to apply for an external link or button to put it
4️⃣ App Store in the US only, not available in other regions
It's the same as saying
App developers are free to embed external links, and in the future, users will have a smoother process of buying NFTs, participating in mint, and even paying with cryptocurrencies on their mobile phones, and will no longer be restricted by iOS or charged expensive fees.
HUGE 🔥 HUGE 🔥 HUGE 🔥
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Blur price performance in USD
The current price of Blur is $0.098100. Over the last 24 hours, Blur has increased by +0.55%. It currently has a circulating supply of 2,321,557,243 BLUR and a maximum supply of 3,000,000,000 BLUR, giving it a fully diluted market cap of $227.74M. At present, the Blur coin holds the 104 position in market cap rankings. The Blur/USD price is updated in real-time.
The rating provided is an aggregated rating collected by OKX from the sources provided and is for informational purpose only. OKX does not guarantee the quality or accuracy of the ratings. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly, and can even become worthless. The price and performance of the digital assets are not guaranteed and may change without notice. Your digital assets are not covered by insurance against potential losses. Historical returns are not indicative of future returns. OKX does not guarantee any return, repayment of principal or interest. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances.
By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates ("OKX") are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets.
Non-fungible tokens (NFT) have become increasingly popular as their list of use cases continues to expand. However, NFT creators and collectors encounter issues such as high marketplace fees, uneven royalties, slow sweeping, and low trading volume.
To help solve these issues, platforms such as Blur (BLUR) have emerged to revolutionize the NFT space. Within a few months of launching, it became a leading NFT marketplace loved by collectors and creators.
What is Blur
Blur is an NFT marketplace and data aggregator built on the Ethereum blockchain. It has several features that make it a more attractive NFT marketplace for creators and collectors, including a faster sweeping rate, zero market fees, and incentives for trading activities. Creators also get a better royalty fee structure, high trading volume, and support for smaller NFT projects.
Although Blur is a relatively new NFT marketplace, it gained much traction in very little time, competing with the likes of OpenSea, the largest NFT marketplace by volume. Some of this success can be attributed to Blur fundraising $14 million from world-class investors and NFT traders.
The Blur team
The exact names of the founding team members are not known. However, their pseudonyms and history in the crypto and blockchain space are known.
Pacman, a skilled Web3 developer, is not only the founder of Blur but also plays a significant role in its development. Heading the Blur Foundation is Zeneca, who holds the position of Director.
Together, Pacman, Zeneca, and the rest of the Blur team have collaborated with prestigious entities such as MIT, Five Rings Capital, Twitch, Square, and Y Combinator, showcasing their expertise and experience in the field.
How does Blur work
Built on the Ethereum blockchain, the trading platform collects NFT data from multiple sources and displays real-time information to users. On the Blur platform, NFT collectors can identify trending NFTs, the latest floor prices, trading volumes for different projects, and other relevant data.
Blur offers a zero trading fee service, meaning both buyers and sellers are not charged trading fees. When Blur first emerged, this was their biggest selling point. OpenSea, Blur’s biggest competitor, was forced to scrap their fees in response. Blur also offers customizable royalty packages, allowing creators to choose their own compensation percentage.
Blur’s lending platform
Taking their efforts a step further, Blur expanded its offerings by developing a lending platform specifically tailored for NFTs. This innovative feature provided NFT holders with increased opportunities to leverage the value of their assets.
By collateralizing their NFTs, users gained the ability to obtain loans in cryptocurrency directly on the platform. This novel approach created new avenues for NFT holders to access liquidity and unlock the potential value of their digital assets..
BLUR tokenomics
BLUR is an ERC-20 token. There are over 464 million BLUR tokens currently in circulation, and the remainder of its total supply of 3 billion will be scheduled for emission. The protocol uses the Proof of Stake (PoS) consensus mechanism for block validation.
BLUR use cases
The BLUR token serves various purposes within its ecosystem. For instance, it operates as a governance token, enabling users to participate in decision-making processes and shape the direction of the Blur ecosystem.
BLUR is also used to reward its users through token airdrops, providing users with incentives and benefits for their engagement and participation in the ecosystem. Finally, BLUR acts as a currency within its NFT marketplace, facilitating transactions and serving as a medium of exchange for buying, selling, and trading digital assets.
BLUR distribution
Blur token is distributed as follows.
40 percent allocated towards early users and creators through airdrops
20 percent was given to the team and advisors
20 percent reserved for future development
10 percent for liquidy purposes
10 percent for marketing and partnerships
The future expansion plan of Blur
With its impressive trading volume, Blur has emerged as the top NFT marketplace in the industry. It achieved a significant milestone in February by surpassing OpenSea in NFT trading volume, and has since maintained its leading position. The Blur team is determined to sustain this position for an extended duration.
While Blur reigns supreme in trading volume, it is worth noting that OpenSea still boasts a larger number of individual traders. In light of this, Blur has set its sights on expanding its user base in the upcoming months, with the goal of attracting a greater number of users to its platform.
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Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 4.3K new posts about Blur, driven by 3.4K contributors, and total online engagement reached 7.6M social interactions. The sentiment score for Blur currently stands at 78%. Compared to all cryptocurrencies, post volume for Blur currently ranks at 159. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of Blur.
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Posts
4,349
Contributors
3,358
Interactions
7,646,731
Sentiment
78%
Volume rank
#159
X
Posts
1,075
Interactions
698,262
Sentiment
64%
Blur FAQ
How much is 1 Blur worth today?
Currently, one Blur is worth $0.098100. For answers and insight into Blur's price action, you're in the right place. Explore the latest Blur charts and trade responsibly with OKX.
What is cryptocurrency?
Cryptocurrencies, such as Blur, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Blur have been created as well.
Watch this video to learn about what happens when you move your money to a crypto exchange.
Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
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