The first round of Blur Airdrop has ended, sparking heated discussions in the NFT community.

In the early morning of February 15, 2023, the highly anticipated Blur Airdrop event came to a close, with a total of 360 million Blur tokens distributed to the NFT community and platform users. According to feedback on social media, many users received hundreds of thousands of Blur tokens, and even non-heavy users received airdrops ranging from thousands to tens of thousands of dollars, once again igniting the wealth effect in the cryptocurrency circle.

The data platform shows that as of February 15, 1 PM, 80.15% of the Blur Airdrop has been claimed. Among them, 35.8% of the airdrop quantity is between 100 and 1000, 39.6% of the addresses received between 1000 and 10000, and 7.8% of users received between 10,000 and 100,000. Currently, the top three wallets in airdrop claim rankings received 3.2 million, 2.97 million, and 2.5 million BLUR respectively.

This airdrop is aimed at trading users, care package holders, and creators from October 19, 2022, to February 14, 2023. Users who joined the waitlist in May 2022 or participated in the private test will receive an additional airdrop. The claiming period is 60 days, and those who fail to claim within this period will lose their eligibility.

It is worth noting that this is only the first round of airdrops distributed by Blur to the community. The second round of airdrop has already begun; from now until March 14, users who bid on and list NFTs on the platform will receive double points. Users who missed the first round still have the opportunity to participate in the second round of airdrop.

Before the launch of the Blur token, several trading platforms had released announcements about its listing, and the market was filled with anticipation. On the day of the launch, due to an overload of users, the Blur official website temporarily crashed, and Ethereum network Gas fees soared to around 1000 Gwei. Data shows that within the past 24 hours, contracts claiming the Blur Airdrop burned 980 ETH, ranking first in the entire network.

According to official information, as of the airdrop claim, a total of 146,823 users have traded NFTs on Blur, and the platform has processed over $1.18 billion in GMV since its launch, excluding fraudulent transactions.

The total supply of BLUR tokens is 3 billion, which is expected to be fully released within 4-5 years. Among them, 51% is allocated to community members, 29% to core contributors, 19% to investors, and 1% to advisors. The first round of Airdrop distributed 12% of the tokens, and an additional 39% will be allocated through contributor grants, community initiatives, and incentive programs.

Blur adopts a multi-stage incentive approach aimed at cultivating users' long-term usage habits, enhancing platform stickiness and influence. BLUR token holders have governance rights over the protocol and can participate in the decision-making process of the DAO.

Currently, BLUR has a circulating market cap of approximately $294 million, with a total market cap of around $2.428 billion. Compared to other NFT trading platforms, Blur stands out in terms of market share and valuation, but there is still a certain gap compared to leading platforms.

The Blur Airdrop not only brings benefits to users in the crypto community but also attracts more people to use the platform. Its token economic model and governance mechanism reflect the importance placed on the community, guiding user participation through refined incentive strategies, laying a foundation for the platform's long-term development.