Blur Announces Token Distribution

BLUR10

On 22nd of February 2023, Blur, a top NFT marketplace, announced that over 300 million BLUR, the marketplace's ERC-20 governance token, would be distributed during Season 2.

Blur revealed a loyalty program that provides customers with a "loyalty score" based on their use of the platform. The marketplace outlined three ways to increase loyalty scores, including listing through Blur and having no listings elsewhere to achieve a 100% loyalty score.

Blur also stated that customers with 100% loyalty would have the best chance of receiving Mythical Care Packages worth 100 times Uncommon Care Packages. As a third point, Blur confirmed that listing rewards will be as large as bidding rewards, reaffirming the rule that the maximum listing points are equal to listings multiplied by loyalty.

Moreover, the marketplace reminded its customers that relisting NFTs at unrealistic prices or listing inactive collections would not add points. It also suggested that listing and bidding from the same wallet would be advantageous.

Finally, Blur assured members that the highest number of tokens would be distributed to those who contribute the most to the protocol's success, emphasizing that loyalty is the greatest contribution.

Sources:

https://www.investing.com/news/cryptocurrency-news/blur-announces-distribution-of-300-million-tokens-in-season-2-3010259

https://coinedition.com/blur-announces-distribution-of-300-million-tokens-in-season-2/

https://www.newsnow.co.uk/h/Business+&+Finance/Cryptocurrencies

https://azcoinnews.com/blur-announces-conditions-for-season-2-airdrop-of-blur-token.html 

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