What is Blur (BLUR)?

BLUR is the utility cum governance token of Blur, a decentralized zero-fee NFT marketplace designed for pro-NFT traders. Launched in October 2022 on the Ethereum mainnet, the Blur platform offers unique features like zero fees, real-time price updates, multi-marketplace aggregation, faster NFT sweeps, sorting features, adjustable NFT royalty rates, and more. As the only player offering these features in the digital art space, Blur has become one of the leading NFT marketplaces in trading volume.

The BLUR token, launched in February 2023 as an ERC-20 token, allows holders to govern the key parameters associated with the Blur marketplace protocol through voting on the Blur DAO. The vote weight is directly proportional to the number of BLUR tokens a user owns or delegates.

3 billion BLUR were minted at Genesis, which will become accessible in 4-5 years. The distribution of these tokens will be - Community and airdrop (51%), core contributors (29%), investors (19%) and advisors (1%). BLUR also has a community treasury of 360 million BLUR tokens, making 12% of the total BLUR supply. Its users and traders can claim this supply through airdrops by engaging with the Blur platform. These airdrops are segmented into three seasons, each rewarding BLUR crypto to eligible users as "care packages".

The first season distribution of these care packages was given to those who were active on the Blur platform during its beta testing six months before the launch in October 2022. The second airdrop season will be for active traders listing NFTs on the platform starting November 2022, while the third will be given to those traders who place bids on Blur by February 14, 2023. At the time of writing, 1,278,052,701 BLUR are in circulation.

How does the Blur (BLUR) work?

Users of the Blur NFT marketplace need to connect their crypto wallet with the platform to trade NFTs. Once they connect their wallets, they can browse and trade different listed NFTs on Blur. They can also access its other features, like the price aggregator that allows them to view and buy NFTs from different marketplaces in one place.

A standout feature of Blur, designed especially for professional NFT traders, includes batch buying and selling that allows you to purchase or sell different NFTs in a single transaction, reducing your cost and time. Advanced filtering and real-time price aggregator are other features that simplify NFT traders' navigation. Moreover, it provides quicker sweeping that involves buying several NFTs instantaneously at their floor price.

Blur also solves the long pending issue of establishing an effective royalty payment system among NFT creators and traders. It allows NFT owners to specify creative royalties for their NFTs and incentivizes those who pay these royalties through its native BLUR token.

Besides being an NFT marketplace and aggregator, it also operates Blend, a peer-to-peer NFT lending platform, to enhance overall liquidity.

The BLUR token facilitates community-led governance by allowing holders to vote in the Blur DAO. The power of participants' votes in the Blur DAO is directly proportional to the BLUR token they own or delegate. Currently, 360 million BLUR tokens are in circulation, and after future releases, the maximum supply will be 3 billion.

How to Buy Blur Coin (BLUR) in India?

There are many platforms where you can invest and Buy Blur (BLUR) in India.

One such platform is Flitpay. To buy BLUR in INR, you have to sign up for the relevant application, where you will have to enter the required details and go through a small KYC verification process.

After the KYC approval, ensure you have correctly entered your bank details. Now, through the linked bank account, deposit the amount you want to buy BLUR and execute the purchase.

You can instantly convert your INR to BLUR and BLUR to INR and withdraw your INR through bank transfers whenever you want.

Flitpay also keeps introducing timely rewards for its users.

What do I do after I buy Blur (BLUR)?

BLUR tokens can be used to buy other cryptocurrencies after converting them to INR through crypto exchange platforms like FLITPAY. You can also hold the BLUR till it reaches a high price, and then you can sell it through Flitpay's OTC order facility. Users can earn significant profits from buying it at a lower price and selling it at a higher price.

FAQs

What is Blur (BLUR)?

Blur (BLUR) is the native governance currency of the Blur NFT marketplace. Launched in February 2023, it has a total supply of 3 billion. The owners of this token get the right to vote in the governance of the Blur platform through voting on Blur DAO.

What is the Blur (BLUR) price in India?

Check out the current INR price of BLUR crypto in India on Flitpay.

Which is the best platform in India to buy Blur crypto (BLUR)?

The best crypto exchange in India to buy BLUR, buy Bitcoin, or any of your favourite cryptocurrencies is Flitpay. Flitpay supports instant UPI and bank deposits and withdrawals with a minimum deposit and withdrawal limit of INR 100.

What are the benefits of the Blur (BLUR)?

Blur excels in various aspects where other existing marketplaces fail. For example, Blur solved the debated feature of giving NFT creators royalties by introducing bonus BLUR token rewards to those who opt to pay these royalties. As an NFT price aggregator and a marketplace, it is the one-stop solution for pro-NFT traders. With its zero trading fees for NFT trades, sorting feature and speed sweeping, it has quickly become a key choice among NFT traders.

Is it safe to invest in Blur (BLUR) in India?

Yes, investing and trading BLUR is Safe in India. Flitpay is one of India's most secure cryptocurrency exchanges for buying BLUR. It offers real-time prices and advanced investing features.