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Home»TRADING NEWS»NFT Marketplace Blur has been launched on the Blast L2 Network. Here are the details:
TRADING NEWS

NFT Marketplace Blur has been launched on the Blast L2 Network. Here are the details:

By Crypto FlexsMay 2, 20243 Mins Read
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NFT Marketplace Blur has been launched on the Blast L2 Network.  Here are the details:
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Blur Crypto, a digital marketplace providing advanced analytics and non-fungible token market aggregator, has successfully launched on Blast, the Ethereum layer scaling network. Cryptocurrency traders and collectors can now trade Blast NFTs by switching chains on the Blur NFT Marketplace.

In an April 30 blog post, Blur Crypto, Blur’s NFT marketplace platform team, confirmed the introduction of an NFT marketplace to the Blast Layer Two network. The integration now allows traders to trade a collection of Blast-based non-fungible tokens and earn Blast points and gold.

1/ Introducing Blur on Blast!

Trade explosive NFTs. Earn blast points and gold. pic.twitter.com/lYDw9cNIcM

— Blur (@blur_io) April 30, 2024

Blur NFT Marketplace Description

Launched in December 2022, Blur is a decentralized non-fungible token marketplace designed for professional traders. It offers unique features, flexible creator royalties, and a favorable fee structure. Additionally, the Blur NFT Marketplace offers an impressive variety of features and a competitive fee structure that sets it apart from other NFT marketplaces.

Blur surged to the number one marketplace last year, beating out other NFT marketplaces like OpenSea and Magic Eden. Blur Crypto came to the throne after focusing on high-volume traders rather than regular digital collectors.

To absorb more traders, Blur began rewarding users by airdropping Blur tokens to collectors who sold NFTs. The initial airdrop was targeted at people who had traded NFTs in the past six months, with care packages of different rarity tiers distributed depending on the transaction value.

Blast continues to gain mainstream adoption.

The Blur NFT Marketplace is built on the Ethereum network and only supports the Ethereum blockchain, so Tieshun Roquerre, founder of the Blur NFT Market Platform, plans to launch ‘Blast’, a competitive blockchain network, to increase the scalability of the NFT marketplace. I thought.

Launched earlier this year, Blast is a layer 2 blockchain network built on top of Ethereum, a layer 1 blockchain, to support scaling by handling some of the transaction load of the base layer blockchain. Blur Crypto created a network to address the high transaction costs of digital assets by providing a new means of transaction (NFT perps) and providing massive revenue generation.

The Blast Layer 2 network continues to gain massive adoption among traders and collectors. Since its inception, the blockchain network has bridged over 625,000 stETH worth $2.1 billion, 354,000 DAI worth about $355 million, and 2,610 ETH worth about $8.8 million.

explosion

Source: Dune.com, Blast trading activity

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