22/11/2023 Someone Got $8.4 Million in Blur NFT Marketplace's Latest Airdrop

One JPEG flipper saw millions of dollars in rewards from Blur's Season 2 airdrop. Now the marketplace is teasing its own Ethereum layer-2 network, Blast.

blur-tokens-gID_7.png

AsNFTmarketplaceBlursets its sights on a so-called Season 3 of rewards for traders, one JPEG flipper walked away with more than $8.4 million worth of airdropped BLUR tokens from Season 2.

Factoring in how active the trader was—across NFT bids, listings, and lending activity during its months-long Season 2—Blur awarded the pseudonymous Hanwe's hanwe.eth wallet with 22.85 million BLUR tokens, according to a Dunedashboard.

The airdropped tokens were worth around $7.3 million when claimed late Monday, shortly after Blur’s Season 2 ended at 6 pm ET, but the token has risen in value since. Blur’s token is up about 8% over the past day at $0.37, according toCoinGecko.

Using theEthereum Name Serviceto assign their wallet a human-readable name, the trader received a substantial slice of the 300 million BLUR earmarked for Season 2’s end. According to the Dune data, Hanwe received the largest share of rewards for Season 2.

Blurcatapultedpast OpenSea in terms of NFT trading volume this year, as the marketplace’s business—infused with incentives that encourage people to trade—struck a chord with crypto’s JPEG crowd. However, Blur signaled in itsSeason 3 announcementthat its upcoming rewards period will feel somewhat different than before, thanks to the involvement of a new Ethereum layer-2 network dubbed Blast.

Backed by Paradigm, Standard Crypto, and other investors, Blur said its Season 3 will be “powered” by Blast, and that Blur’s community would be airdropped “REDACTED” in May 2024 when the new season ends. Blast, which touts a native yield on certain tokens like Ethereum and stablecoins, announced on Twitter Tuesday that it hasraised$20 million.

Additionally, Blur is shaking up its reward structure. The marketplace said those who deposit BLUR into the platform will receive 50% of the season’s rewards this time around.

Punk9059, the pseudonymous director of research at NFT startup Proof, gave a shoutout to one Blur trader who turned a starting fund of 2-3 ETH (currently $3,950 to $5,925) into a $83,100 airdrop, noting the person, @ESK_NFT on Twitter, “hustles like crazy” on the platform.

Throughout Blur’s Season 2, popular NFT collections such as theBored Ape Yacht Clubcame under pressure as some traders sought to maximize their airdrop. For example, notable trader Jeffrey Huang, also known as Machi Big Brother, sold more than50 Apes over a couple of days.

According to the aforementioned Dune dashboard, Huang’s Season 2 airdrop comprised 6 million BLUR, worth around $2 million. And, levying expletives against Blur and its co-founder, Tieshun Roquerre, after its Season 2 closed, it appears Huang may have been disappointed with his eventual haul.

“Fuck [Blur] and [Roquerre],” he tweeted.

Arts

https://decrypt.co/206893/someone-got-8-4-million-blur-nft-marketplace-latest-airdrop?amp=1

Interesting NFTs
Bored Ape Yacht Club #8135
The Bored Ape Yacht Club is a collection of 10,000 unique Bored Ape NFTs— unique digital collectibles living on the Ethereum blockchain. Your Bored Ape doubles as your Yacht Club membership card, and grants access to members-only benefits, the first of which is access to THE BATHROOM, a collaborative graffiti board. Future areas and perks can be unlocked by the community through roadmap activation.
The Rare Pearl Moon with Motion
Motion Version Part of my moon series. This super rare pearl moon has just washed ashore on a remote tropical island beach, fining one of these rare Jems is like a total worldly treasure! These moons, only fall to earth once in a few million years! When I found this one I felt the luck that is said to come with this pearl moon.
#54746
By OthersideDeployer
Dracula Genes
Aloha! I'm Dracula Genes. I'm often referred to as the Peter Griffin of the group. It's not common knowledge, but my ancestry connects me to Amelia Earhart. Let's pawty!
Auto-Erotic Sphinx with Toys
In this image, a giant sphinx spoons itself in erotic play within an aquatic styled environment littered by various denizens. These creatures include symbols and archetypes both current and nostalgic–each inhabiting a rootedness within mass cultural adolescence. Among the roster are Servbots, video game inspired mushrooms, a Pacman-like creature, a distant sea faring rubber duck, creatures sporting the symbols reminiscent of popular anime, and a Pokemon-like rabbit (a novel incarnation of Ganesha indicated by the Shiva trident on its nose). In addition, a few sea creatures partly inspired by sea monsters of western antiquity conglomerate along the mid left side of the composition. The Sphinx itself is an amalgam of aquatic, fetishist, ancient Egyptian, and 80’s style adornments, both living, as in a clown fish, or material, such as a cassette tape. Nautically colored antennae receive somatic signals from the atmosphere, perhaps from the 8 Ball moon or giant ringed planet beyond.