User claims $11M in Blur token rewards at NFT marketplace’s season 2 airdrop

5 months ago

NFT marketplace Blur allocated a full reward excavation of 300 cardinal tokens, worthy astir $146 million, for traders who usage their platform.

User claims $11M successful  Blur token rewards astatine  NFT marketplace’s play   2 airdrop

A pseudonymous nonfungible token (NFT) trader made astir $11 cardinal successful the caller airdrop reward organisation conducted by the NFT marketplace Blur. 

Dune analytics information showed that a wallet with the Ethereum Name Service (ENS) tag called “hanwe.eth” claimed a full of 22,851,000 Blur (BLUR) tokens successful the play 2 airdrop of Blur. At the clip of writing, coin terms tracker CoinGecko showed that the magnitude is worthy astir $11.2 million.

It's clip to BLAST OFF. I conscionable received 22851000 $BLUR from @BLUR_io's Season 2 drop. Season 3 starts NOW and is powered by @BLAST_L2, the lone L2 with autochthonal output backed by Paradigm and Standard Crypto. pic.twitter.com/jDKgc0wInS

— Hanwe (@HanweChang) November 21, 2023

The end-of-season airdrop is 1 of the strategies employed by Blur to pull traders to usage its platform. Blur rewards those who traded NFTs connected the level astatine the extremity of each season. 

The rewards alteration depending connected users’ activities wrong the NFT trading platform. In the astir caller airdrop, Blur allocated a full reward excavation of 300 cardinal tokens worthy $146 cardinal astatine existent BLUR prices.

Biggest amounts claimed connected the caller Blur airdrop. Source: Dune

Around 38,000 addresses person already claimed their rewards, putting the full fig of claimed tokens astatine 267 million. However, not everyone is satisfied with the Blur rewards received astatine the extremity of the season. 

Fuck @blur_io and @PacmanBlur

— Machi Big Brother (@machibigbrother) November 21, 2023

NFT whale Jeffrey Hwang, commonly known arsenic Machi Big Brother, cursed astatine Blur aft receiving 6 cardinal tokens worthy astir $2.9 million. On Feb. 25, Hwang sold 1,010 NFTs successful 48 hours successful what immoderate see the largest NFT dump ever. Nansen’s Andrew Thurman said it could beryllium “one large lavation trade” to make profits done the Blur airdrop, arsenic Hwang astir instantly bought backmost 991 of the NFTs

Related: NFT income measurement jumps to $129M successful November — Nansen data

Blur surpassed OpenSea successful regular Ether (ETH) trading measurement earlier this year. On Feb. 18, OpenSea was prompted to instrumentality a 0% interest structure to triumph backmost its idiosyncratic basal from its up-and-coming competitor.

Magazine: British creator Damien Hirst uses NFTs to blur the boundaries betwixt creation and money

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