NFT Marketplace Blur Delays Launch of Governance Token BLUR

Blur, an aggregator aimed at professional NFT traders, has announced that it will delay the launch of the BLUR governance token by 2 weeks.

Blur-logo
NFT Marketplace Blur Delays Launch of Governance Token BLUR

Blur announced on Twitter on January 19 that the platform will postpone the issuance of BLUR tokens to February 14, 2023, instead of January as previously committed.

“We know we missed our January schedule commitments and are very sorry for the delay. Blur is testing new things and the extra two weeks will allow us to make the launch happen.”

Since the pitch In October 2022, Blur positioned itself as the NFT for “professional traders”. Blur has attracted the attention of many seasoned traders thanks to its zero transaction fees, its ability to “scan the floor” of the market, to advanced analytical tools.

The NFT exchange is backed by a number of industry giants, including venture capital giant Paradigm, hedge fund NFT 6529, digital art collector Cozomo Medici, and more.

As for the royalty fee, Blur will not be required, but still encourages users to voluntarily adjust this fee at 0.5% (equal to the transaction fee above). Sudoswap) and be exchanged for more BLUR tokens. Also because of the optional royalty-free policy, Blur has “excluded” by Yuga Labs from the newly launched NFT game project, which blocks wallet addresses from Blur and markets with similar policies.

Notably, at the same time the platform launched the official version on the mainnet, Blur also started rolling out packages airdrop BLUR is based on users’ NFT trading activity on the platform, the last airdrop took place last December.

However, the announcement of delaying the launch of BLUR received a lot of mixed responses, most of which wanted the project to announce more details and long-term plans of the token. On the other hand, some argue that the delay allows the platform to continue to offer trading opportunities and increase activity on the site.

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