Blur.io is currently the most active NFT (Non-Fungible Token) marketplace, holding the top spot globally as of 19 June 2023. This marketplace has recorded the highest trading volume, reaching $14.3 million within 24 hours, equivalent to approximately 496,610,400 THB. In contrast, the renowned marketplace OpenSea ranks second with a trading volume of only $3.72 million, approximately 129,195,600 THB.
What has propelled the rise of this newcomer, Blur.io, to overshadow the established player in the NFT industry? It all started with the initial momentum generated by Blur after its launch in October 2022. The platform quickly gained prominence and promised an Airdrop of its native token, BLUR, for users of the leading NFT platform.
The main reasons for the increasing popularity of the Blur.io platform in just a few months after its launch can be attributed to its ability to consolidate the standout features and superiority of the NFT market into one place. These features include real-time price feeds, portfolio management capabilities, and the ability to compare NFT prices from various markets. One notable feature that users particularly enjoy is the “Sweep the floor” function, which allows users to quickly and cost-effectively buy NFTs at their floor prices without any fees.
The intriguing aspect of Blur (BLUR) successfully surpassing OpenSea within a few months after its launch to become the largest NFT marketplace in the world can be attributed to the following factors:
- User-friendly design: Blur.io provides a real-time price feed that caters to professional traders, making it user-friendly for experienced traders.
- Fee-free trading: There are no transaction fees for buying and selling NFTs on the platform.
- Enhanced liquidity: Blur.io offers swift and efficient functions for sweeping and sniping NFTs, allowing users to act quickly.
- Incentive programs: Blur.io offers incentives such as rewarding creative thinking by granting special privileges to users who pay with BLUR tokens. Additionally, collections previously blocked from sale on OpenSea can charge full copyright fees on Blur.io.
- A reliable platform for users: Blur.io provides trustworthy information regarding scarcity, value, profits, and losses.
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