Blur Price BLUR
- Market Cap $782.6M
- 24h Volume $130.2M
- Circulating Supply 2.1B BLUR
Blur Fundamental Analysis
What Is BLUR?
Blur (BLUR) serves as the native governance token for Blur, an inventive non-fungible token (NFT) marketplace and aggregator. With a focus on real-time price feeds, portfolio management, and multi-marketplace NFT comparisons, Blur brings advanced features to cater to professional NFT traders. Its importance lies in providing a platform that prioritizes speed, user experience, and privacy in the NFT trading landscape.
Blur made its debut in October 2022, presenting itself as an Ethereum-based platform designed to meet the evolving needs of NFT traders. Introducing features such as faster NFT sweeps, an intuitive interface, and distinctive functionalities, Blur gained attention for its commitment to enhancing the NFT trading experience. The platform has secured substantial funding from reputable investors, bolstering its credibility.
How does BLUR work?
Blur operates on the Ethereum blockchain as an ERC-20 token, utilizing Proof-of-Stake (PoS) for security. PoS involves validators staking 32 ETH to participate in consensus and validate transactions, contributing to the platform's overall security. Blur's unique features, including real-time price feeds, portfolio management, and efficient NFT sweeps, offer users an improved and streamlined trading experience.
Value Analysis of BLUR
Professional NFT Trading: Blur caters to professional NFT traders by providing features such as real-time price feeds and efficient NFT sweeps. This focus on meeting the needs of experienced traders sets Blur apart in the competitive NFT marketplace landscape.
Innovative Features: Blur introduces innovative features, including an intuitive interface, portfolio management tools, and multi-marketplace NFT comparisons. These features contribute to a more user-friendly and feature-rich trading platform.
Privacy and User Incentives: The platform has gained popularity, partly due to incentives like the BLUR token airdrop. This event distributed 360 million BLUR tokens, fostering user engagement and participation. Blur's commitment to balancing the interests of creators and traders adds a unique dimension to its value proposition.
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Release Time:
2023-02-13
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