- Blur will airdrop $300 million to the community in season 2.
- Users are said to be awarded a loyalty score of 100%.
- OpenSea withdrew its own 2.5% marketplace fees for a limited period.
On Tuesday, the newly established NFT marketplace Blur made the announcement that it would shortly airdrop extra tokens worth around $300 million to its most committed customers. According to sources, traders will get access to this feature sometime during “Season 2” of the platform, which has already started.
The loyalty score of a user, in conjunction with the number of NFTs they specify, will be used to calculate the total number of BLUR tokens the user will get in the event of a subsequent airdrop.
In Season 2, users are said to be awarded a loyalty score of 100% if they do not have any other listings anywhere else. The new maximum loyalty option on Blurs gives users the ability to delete their listings on third-party sites and bring their loyalty score to 100% in one step.
Even inconsequential actions might possibly increase a user’s chances of obtaining more BLUR under the new loyalty system that has been implemented. On Tuesday, the corporation gave the impression that even just quoting its Twitter statement announcing Season 2 may boost a user’s loyalty score.
It is important to remember that last week saw OpenSea withdraw its own 2.5% marketplace fees for a “limited period, which was the company’s principal source of income.”
This decision was presumably spurred by Blur’s rapid rise in popularity and the absence of marketplace fees. The creator royalty protections that were formerly a trademark of the NFT business were reduced as a result of this change. These safeguards had previously guaranteed artists a royalty charge, often between 5 and 10 percent, on the secondary sale of NFTs.
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