The world’s largest NFT trading platform – Blur attracted a lot of attention from the community when the founder of Pacman recently announced the launch of a new Layer2 solution called Blast early this morning.
An introduction to the origin, basic information, early airdrop activities and how to participate in airdrop season 3 of Blur (Blast).
” Two of the biggest opportunities we see for NFTs are reducing transaction costs and institutional-grade NFT perps. Hundreds of millions have been spent on gas trading NFTs, and perp volume is 6x bigger than spot. These opportunities require an L2. ” – @ PacmanBlur
NFT trading on Ethereum has cost hundreds of millions of dollars in gas fees, while the trading volume of perpetual futures (Perps) is 6 times that. Pacman proposes building a Layer2 that is capable of solving all the problems.
Blast is a Layer2 network based on Optimistic Rollup, which has successfully raised $20 million in funding, with support from Paradigm, Standard Crypto, eGirl Capital and several angel investors such as Andrew Kang – founder of the community, Hasu – Lido strategic advisor, Larry Cermak – CEO of The Block.
Blast focuses on integrating natural income generation capabilities. This means users will automatically profit at a rate of 4% on Ethereum and 5% on stablecoins.
February 2024: Expected mainnet launch, from this point on users can withdraw money from Blast to the Ethereum mainnet.
May 2024: New Blast Points can be redeemed.
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” Machi lost over USD14M farming on BLUR. His Season 2 BLUR airdrop is worth ~USD2M.” – @The0xJuan
On the morning of November 21 (Vietnam time), NFT Blur announced that it had completed the Season 2 phase of the project, along with the second airdrop of BLUR tokens for users.
Blur said that in Season 2, which lasted from February 2023 to September 2023, Blur became the largest NFT trading platform on Ethereum, capturing 65% of the market share and dethroning OpenSea.
Blur has recorded a transaction volume of up to 6.1 billion USD from more than 260,000 global users.
” In Season 2, Blur became the #1 Ethereum NFT marketplace protocol
– $6.1B trading volume
– 260,165 unique users
– 65% avg market share ” – @blur_io
At the end of Season 2, Blur said it airdropped 300 million BLUR tokens (97.5 million USD) as rewards for users.
Many accounts claim to have claimed tokens worth up to several million USD. The time to claim the BLUR airdrop will last for 45 days.
” 307.6M $BLUR ($97.5M) airdrop is being claimed!
hanwe.eth claimed 22.85M $BLUR($7.26M) and machibigbrother.eth claimed 6M $BLUR($1.9M).
The top 10 wallets claimed 85.69M $BLUR($27.25M), 28% of the total amount.
Of which 9.3M $BLUR($2.95M) has been deposited to the exchange.”
– @lookonchain
Blur also announced Season 3 of the project, collaborating with the newly launched layer-2 solution Blast.
” Blur Season 3 will last 6 months.
All of the rewards for Season 3 are provided by @BLAST_L2.
The Season 3 airdrop is split equally between NFT traders and $BLUR holders. ” – @blur_io
On the evening of November 14, 2023, users were abuzz with the news that the world’s largest entertainment corporation Disney had cooperated with Dapper Labs, the Flow blockchain developer, to launch an NFT trading platform called Disney. Pinnacle.
” Disney is coming to Web3.
Dapper Labs is partnering with the $159B entertainment conglomerate to bring Web3 IP to the masses.
Do you think the Simpsons NFT episode timing was a coincidence?
Disney acquired 21st Century Fox in 2019 which had the rights to the Simpsons.” – @S4mmyEth
” When Pacman first approached us about building a layer 2 earlier this year, the impetus came from his explorations of suitable layers to deploy a Blur layer 2 dApp on — necessary for both low-value NFT trading in high gas environments and for an eventual NFT perp dex.
As we talked more, and features like the native yield developed, we realized that though the L2 landscape is maturing rapidly, there’s still room at the top for another winner.
As a longtime crypto believer, as a degenerate, and as an investor at a crypto-native VC, I believe programmable money is the future and I’m just here to enjoy the ride.
Those of us who are onchain regularly battle-test protocols so that the strong may survive — we are in the arena and trying stuff. Through network participation, by voting and signaling with our capital and attention, we shape the infrastructure we use.
Natively rebased tokens are the best way to pass through yield, and existing ecosystems aren’t designed around such mechanisms. This is the opportunity for Blast — a chance to build with the asset primitives of today in mind. ” – www.standardcrypto.vc
