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 past two weeks. The platform will be aimed at 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.”
As a governance token, BLUR incentivized three BLUR airdrops. The first airdrop gave users access to beta testing in the form of care packs (October 2022). Traders received the second airdrop in November 2022, and the final airdrop will be for traders who bid on the marketplace on the launch date, February 14, 2023.
Blur is an NFT marketplace and aggregator that provides advanced analytics and portfolio management capabilities to compare NFTs across marketplaces. It also offers a better NFT trading experience that helps professional traders optimize their profits. Apart from that, it also offers faster NFT cuts and swipes than other marketplaces. As an aggregator, this platform also connects to X2Y2, OpenSea and LooksRare.
BLUR, one of the best NFT marketplaces, became popular shortly after its launch and now this remarkable marketplace has an increasing market share. It offers a flexible and better user interface for professional traders who are burdened by poor interface in other trading platforms.
Blur provides better analytical data and tools to outperform other platforms such as OpenSea, X2Y2 and LooksRare in this segment. It also pays royalties to creators royalties and is incentivized with additional BLUR tokens in addition to creators and merchants. 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, throttle priority presets, and a competitive fee structure. Blur has seen rapid growth in volumes, but it still lags behind OpenSea in terms of the number of sales and interacting wallets.
In addition, it has discovered a practical method to avoid being blacklisted by Opensea. Obscurity incorporated the Seaport Marketplace protocol, which is free to use and helps against being blocked, especially for this type of scenario.
Overall, NFT trading activities are a popular segment and it is expected to continue as it gains momentum and new investors will enter the community. As a result, BLUR will continue to gain momentum.
In fact, 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 investment may be speculative at this time. The airdrops will offer an easy entry with no financial investment, but do your own research before investing in a new platform.
