Long-Followed Altcoin Airdrop Finally Sent To Users’ Accounts

The native token of Blur, designed to compete with the leading NFT platform OpenSea, has finally been released.

“It’s time for Blur,” the company wrote on Twitter on Monday, advising people to “repeat-check” that they follow Blur’s official account when requesting tokens, with a warning aimed at helping prevent owners from getting scammed.

Blur Altcoin Airdrop Comes After The Company Announced It Raised $1 Billion

happening today cryptocurrency The airdrop came just after it was revealed that Blur had raised enough money to reach unicorn status, worth over $1 billion.

Last month, Blur delayed unlocking its token, saying it “will allow us to have a launch that hasn’t happened before for an extra two weeks.” Blur organized three airdrops last year, delivering “maintenance packages” containing an undisclosed amount of BLUR tokens to traders.

The total supply of Blur’s native token will be capped at three billion, and algorithmic digital asset trading firm Wintermute has already received 15 million tokens. Also, Blur said that 12% of its tokens, or 360 million, will be distributed upon Tuesday’s unlock.

Blur launched with great enthusiasm last October and has become increasingly competitive in the market.

It was the third largest NFT market by volume in January, according to the data.

The newly established marketplace Blur is known for its low transaction fees and floor sweeping functionality. The company has sent three airdrops so far, but has not offered any long-term plans for these tokens.

BLUR started trading on the cryptocurrency exchange Coinbase with a price of approximately $ 1 and a total market capitalization of $ 360 million.

*Not investment advice.