This post was exactly 1 month ago
And 8 days before Genesis was launched
Since then Genesis agents created $40m value
VIRTUAL is up 4x
VADER is up 8x
Genesis has found strong product market fit
But this is just the beginning
The majority of CT is still sleeping on Genesis
Every DEGEN will become a VIRGEN one day
Vader
CT is yet to fully comprehend the new Virtuals flywheel that will be launched soon
Its a mix between Blur, Bittensor and Daosdotfun
Win win win for builders, speculators, Virtuals and Vader
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banditxbt
hey guys sorry I was afk I went on a 4 day bender by accident
are NFT marketplaces UI glitching for anybody else?? It says my Kaito Genesis NFTs are up 100%
are Opensea and Blur working on fix??
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Howard 💎 | Build on TON / Telegram
Updates on @Telegram with the NFTs plugin Marketplace mean a few things for me:
1/ The line between Web3 and Web2 is increasingly blurred. Telegram, as a leading mover and one of the most impactful companies, is pushing hard for Blockchain Tech (@TON_blockchain).
2/ Benefit for #NFTs: As I mentioned earlier, the trend for Gifts on Telegram is just starting, and the Marketplace trend for new opportunities is emerging.
3/ The demand for cross-chain interoperability is certainly present: for better liquidity (user base on Telegram) that connects with other people, cross-chain interaction devices are still a must.
Howard 💎 | Build on TON / Telegram
Proposal for a Dynamic Incentive Mechanism to Enhance the NFT Marketplace on TON Blockchain
"The @Telegram Gifts NFT has driven a significant surge in activity on @TON_Blockchain over the past few weeks."
Inspired by this trend, I have undertaken R&D to propose a novel solution: a Dynamic Incentive Mechanism for NFT Buyers and Sellers to Enhance Market Liquidity and Trading Volume.
This mechanism seeks to address inefficiencies in the existing TON NFT marketplace by introducing a responsive, market-adaptive system that optimizes participation and fosters sustainable growth. My research draws on the principles of two-sided market economics and blockchain-based incentive design, aiming to position TON as a leader in next-generation NFT trading platforms.
The proposed mechanism is informed by successful innovations in other blockchain ecosystems, such as Ethereum’s NFT marketplaces ( @sudoswap, @blur_io, and @LooksRare), which have demonstrated the value of adaptive and user-centric designs.
These platforms have introduced novel approaches to liquidity provisioning, fee structures, and user incentives, offering valuable lessons for TON’s development. Building on these insights, I envision a revitalized NFT marketplace on TON that leverages its unique integration with @Telegram to deliver a seamless and efficient trading experience. The proposed system is structured around three core pillars:
1/ On-Chain Trading:
Currently, Telegram Gifts trading occurs only at the off-chain level, which I believe is suboptimal. Decentralization minimizes asset custody risks and eliminates malicious behavior. While @tonnel_network is performing well, I envision a transition to fully on-chain trading to enhance trust and transparency.
2/ Competitive Trading Fees:
The current trading fee on @getgemsdotio is a one-sided 5%, which isn’t highly attractive. This creates a market gap for platforms like @tonnel_network, or Introducing more DeFi-oriented mechanisms or innovative primitives could make the marketplace more appealing.
3/ Dynamic DApp Potential:
A decentralized application (DApp) that autonomously adjusts parameters based on market conditions has immense potential. It could incentivize buyers to purchase NFTs or encourage sellers to list their assets during bullish cycles, creating a more vibrant ecosystem.
I believe #TON’s NFT ecosystem will grow to include more valuable assets, such as real-world assets (RWAs) or bonds, further enriching its potential.
Check with the whitepaper and the dashboard:
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Ultimately, this is just the beginning. Building on @ton_blockchain, supported by @TON_Ventures and @ton_society, is essential to unlocking more possibilities. The current ecosystem presents an ideal opportunity to create something innovative. There’s still much to explore—whether in protocol design, mini-apps, or product UX.
Above all, #TON is a unique ecosystem with the potential to deliver a superior financial system to users worldwide, leveraging the power of @Telegram.
If you are looking for similar ideas to build on TON, and having the long-term vision to build on Telegram/TON, feel free to DM and let me know.
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Sea 🐸
NBA Top Shot 🆚 Flow
Blur 🆚 Blast
Unisat 🆚 Fractal Bitcoin
What do these projects have in common? They are all more successful when they are used and stuck in the quagmire when they are doing public chains.
A success is a combination of many factors, timing ⏰, luck 🍀, resources, and ability matching.
If you can succeed once, it is already God's appreciation. It's even harder to replicate success.
To do an application and a public chain, the team capabilities and competition dimensions required are very different.
This is also the cruelty of the crypto industry, the life cycle of most projects is very short, and talking about "long-termism" is a luxury. But if you don't actively transform, it will be just as difficult and tortuous.
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Blur price performance in USD
The current price of Blur is $0.12059. Over the last 24 hours, Blur has decreased by -2.60%. It currently has a circulating supply of 2,329,898,497 BLUR and a maximum supply of 3,000,000,000 BLUR, giving it a fully diluted market cap of $281.45M. At present, the Blur coin holds the 106 position in market cap rankings. The Blur/USD price is updated in real-time.
The rating provided is an aggregated rating collected by OKX from the sources provided and is for informational purpose only. OKX does not guarantee the quality or accuracy of the ratings. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly, and can even become worthless. The price and performance of the digital assets are not guaranteed and may change without notice. Your digital assets are not covered by insurance against potential losses. Historical returns are not indicative of future returns. OKX does not guarantee any return, repayment of principal or interest. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances.
By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates ("OKX") are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets.
Non-fungible tokens (NFT) have become increasingly popular as their list of use cases continues to expand. However, NFT creators and collectors encounter issues such as high marketplace fees, uneven royalties, slow sweeping, and low trading volume.
To help solve these issues, platforms such as Blur (BLUR) have emerged to revolutionize the NFT space. Within a few months of launching, it became a leading NFT marketplace loved by collectors and creators.
What is Blur
Blur is an NFT marketplace and data aggregator built on the Ethereum blockchain. It has several features that make it a more attractive NFT marketplace for creators and collectors, including a faster sweeping rate, zero market fees, and incentives for trading activities. Creators also get a better royalty fee structure, high trading volume, and support for smaller NFT projects.
Although Blur is a relatively new NFT marketplace, it gained much traction in very little time, competing with the likes of OpenSea, the largest NFT marketplace by volume. Some of this success can be attributed to Blur fundraising $14 million from world-class investors and NFT traders.
The Blur team
The exact names of the founding team members are not known. However, their pseudonyms and history in the crypto and blockchain space are known.
Pacman, a skilled Web3 developer, is not only the founder of Blur but also plays a significant role in its development. Heading the Blur Foundation is Zeneca, who holds the position of Director.
Together, Pacman, Zeneca, and the rest of the Blur team have collaborated with prestigious entities such as MIT, Five Rings Capital, Twitch, Square, and Y Combinator, showcasing their expertise and experience in the field.
How does Blur work
Built on the Ethereum blockchain, the trading platform collects NFT data from multiple sources and displays real-time information to users. On the Blur platform, NFT collectors can identify trending NFTs, the latest floor prices, trading volumes for different projects, and other relevant data.
Blur offers a zero trading fee service, meaning both buyers and sellers are not charged trading fees. When Blur first emerged, this was their biggest selling point. OpenSea, Blur’s biggest competitor, was forced to scrap their fees in response. Blur also offers customizable royalty packages, allowing creators to choose their own compensation percentage.
Blur’s lending platform
Taking their efforts a step further, Blur expanded its offerings by developing a lending platform specifically tailored for NFTs. This innovative feature provided NFT holders with increased opportunities to leverage the value of their assets.
By collateralizing their NFTs, users gained the ability to obtain loans in cryptocurrency directly on the platform. This novel approach created new avenues for NFT holders to access liquidity and unlock the potential value of their digital assets..
BLUR tokenomics
BLUR is an ERC-20 token. There are over 464 million BLUR tokens currently in circulation, and the remainder of its total supply of 3 billion will be scheduled for emission. The protocol uses the Proof of Stake (PoS) consensus mechanism for block validation.
BLUR use cases
The BLUR token serves various purposes within its ecosystem. For instance, it operates as a governance token, enabling users to participate in decision-making processes and shape the direction of the Blur ecosystem.
BLUR is also used to reward its users through token airdrops, providing users with incentives and benefits for their engagement and participation in the ecosystem. Finally, BLUR acts as a currency within its NFT marketplace, facilitating transactions and serving as a medium of exchange for buying, selling, and trading digital assets.
BLUR distribution
Blur token is distributed as follows.
40 percent allocated towards early users and creators through airdrops
20 percent was given to the team and advisors
20 percent reserved for future development
10 percent for liquidy purposes
10 percent for marketing and partnerships
The future expansion plan of Blur
With its impressive trading volume, Blur has emerged as the top NFT marketplace in the industry. It achieved a significant milestone in February by surpassing OpenSea in NFT trading volume, and has since maintained its leading position. The Blur team is determined to sustain this position for an extended duration.
While Blur reigns supreme in trading volume, it is worth noting that OpenSea still boasts a larger number of individual traders. In light of this, Blur has set its sights on expanding its user base in the upcoming months, with the goal of attracting a greater number of users to its platform.
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Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 4.9K new posts about Blur, driven by 3.7K contributors, and total online engagement reached 9.1M social interactions. The sentiment score for Blur currently stands at 70%. Compared to all cryptocurrencies, post volume for Blur currently ranks at 159. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of Blur.
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70%
Volume rank
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X
Posts
1,217
Interactions
648,224
Sentiment
71%
Blur FAQ
How much is 1 Blur worth today?
Currently, one Blur is worth $0.12059. For answers and insight into Blur's price action, you're in the right place. Explore the latest Blur charts and trade responsibly with OKX.
What is cryptocurrency?
Cryptocurrencies, such as Blur, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Blur have been created as well.
Watch this video to learn about what happens when you move your money to a crypto exchange.
Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
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