Will the most-hyped NFT marketplace Blur outperform OpenSea?
Today BLUR governance has launched the most hyped NFT marketplace after postponing the date for the last two weeks. The platform will target pro-NFT traders. On January 19, the platform tweeted, “We’re trying new things, and the extra two weeks will allow us to deliver a launch that hasn’t been done before.”
$BLUR is launching February 14
We know this is past our initial estimate of January and we’re sorry for the delay. We’re trying new things and the extra two weeks will allow us to deliver a launch that hasn’t been done before. Airdrop 3 will continue until then. pic.twitter.com/ZzSyGzjZJD
— Blur (@blur_io) January 19, 2023
As a governance token, BLUR incentivized three BLUR airdrops. The first airdrop gave access to the beta testing users access in the form of Care Packages (October 2022). Traders got the second airdrop in November 2022, and the final airdrop will be for the traders who place bids on the marketplace on the launch date, February 14, 2023.
Blur is an NFT marketplace and aggregator that provides advanced analytics and portfolio management capability to compare NFTs on different marketplaces. It also offers a better NFT trading experience that helps pro traders to optimize profit. Besides that, it also offers faster NFT snips and sweeps than other marketplaces. As an aggregator, this platform also connects to X2Y2, OpenSea, and LooksRare.
BLUR, one of the best NFT marketplaces, gained popularity shortly after its launch, and now this notable marketplace has a growing market share. It offers a flexible and better user interface for pro traders who are weighed down by poor interface in other trading platforms.
Blur provides better analytical data and tools to outperform other platforms like OpenSea, X2Y2, and LooksRare in this segment. It also pays royalties to creators royalties and is incentivized with additional BLUR tokens besides creators and traders. It also offers new features for newcomers to the NFT market and benefits them by learning new aspects of using the platform for profitable trading.
Is Blur a Good Investment?
Despite OpenSea being a leading NFT marketplace for years, many professional traders prefer Blur for its well-designed interface that consolidates data on a single page. Blur offers features like faster updates, deep analytics, gas priority presets, and a competitive fee structure. Blur has seen rapid growth in volumes, but it is still lagging behind OpenSea regarding the number of sales and interacting wallets.
Additionally, it has discovered a practical method of avoiding being blacklisted by Opensea. Blur incorporated the Seaport marketplace protocol, which is free to use and helps against being blocklisted, specifically for this kind of scenario.
Overall, NFT trading activities are a popular segment, and it is expected to continue as it gains momentum and new investors will come into the community. As a result, the BLUR will continue to gain momentum.
Indeed, Blur is specifically designed for professional trading activities, so new traders find it difficult to simplify all NFT trading requirements on this platform. As a decentralized platform, it is governed by the community, and they have the right to vote to introduce new features and address other issues.
Some of the specific details of the Blur token have not been released yet, so that investing can be speculative at the moment. The airdrops will offer an easy entry with no financial investment, but do your own research before investing in a new platform.