Blur NFT Marketplace Announces To Remove Third Party Flags

NFT News: Blur recently made the decision to remove third-party flags from the UI by default. It is discovered that flags actually do more harm than good to end users. However, Flags can still be enabled in the View Settings section of the collection page if desired. No matter whether they are enabled in the View Settings or not, flagged items cannot still be sold into bids on Blur.

Whale deposits massive tokens to Blur marketplace

A blockchain analysis company called Lookonchain claims that Taiwanese singer and notorious ICO issuer Jeffrey Huang’s machilittlebrother.eth address has purchased a significant amount of Ethereum (ETH) and Tether (USDT) over the past 24 hours. He also purchased 835 $ETH with 251,560 $APE and deposited it in a similar manner into the Blur NFT market.

NFT Marketplace will distribute more tokens in season 2

According to the company, tokens will be distributed to traders in “Season 2” as a part of a stricter gamified program. However, based on their use of and commitment to the trading platform, Blur’s customers will receive a “loyalty score.” Buyers and sellers who don’t use any other NFT marketplaces, for instance, will receive a 100% loyalty score. However, it is big NFT news for users. The user’s loyalty score and the number of NFTs they list will determine how many BLUR tokens they will ultimately receive.

Blur Coin Price History

Source: Coinmarketcap

Blur’s price at the time of writing is $0.9409. However, with a market capitalization of $ 368 million and a 24-hour trading volume down by 27%. Now it stands at $ 232 million. At the same time, the circulating supply is approximately 391,004,422 BLUR as per the crypto market tracker CoinMarketCap.

Also Read: BLUR Coin Whale Buys Huge Tokens Ahead Of Season 2 Airdrop

Sachin is a writer and journalist with over three years of working experience with different major media houses. He is a fintech enthusiast who mainly reports on Web 3, NFT, and Metaverse. When he is not working, you can find him reading thrillers and watching world cinema. Contact him at [email protected]