NFT Marketplace Blur Releases Native Token for Community Ownership
NFT Marketplace Blur Releases Native Token for Community Ownership
After months of anticipation, zero-fee non-fungible token (NFT) marketplace Blur released its native token Tuesday.
The token will allow traders to participate in the platform’s governance protocol, as well as profit from the marketplace’s success through community ownership.
Blur said in a tweet that traders have 60 days to claim their airdropped BLUR tokens, which are trading at roughly 50 cents at press time, according to CoinGecko.
“Since launching Four months ago, 146,823 users have traded $1.2 billion dollars [sic] worth of NFTs on Blur (wash trading excluded),” Blur said in a tweet. “This growth is breathtaking and was only possible with the support of the Blur community.”
According to data from DappRadar, Blur’s 24-hour trading volume stands at about $9.5 million, second only to leading marketplace OpenSea, whose trading volume is around $12 million.
NFT traders have been awaiting the BLUR token’s release sin
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