Try Quests to earn cryptoBlur Analysis
$Blur Airdrop Analysis and its Marketplace Activity
What is This All About?🚨
Recently, Blur launched its native ERC-20 governance token, $BLUR, with a maximum supply of three billion. The token's launch has been eagerly anticipated, with airdrops given to platform users who traded NFTs on Ethereum in the months before Blur's launch and users who listed NFTs on Blur. Why was the airdrop so successful? How did it affect the NFT activity? Did the recipients sell the token? Create a dashboard that captures activity across metrics such as: Post-airdrop activity
- Are top airdrop receivers dumping or accumulating?
- Is new capital entering? What volumes of $BLUR were purchased before/after the airdrop? Tokenomics
- How concentrated is the current supply of $BLUR?
- How does activity on Blur compare to other marketplaces before and after the airdrop?
- What trends can you identify in royalty payments on Blur, as compared to other marketplaces?
- Did the airdrop seem to affect NFT project floor prices? Did buying/selling increase after the airdrop?
Introduction🚩
What is Blur Marketplace?
Launched on October 19, 2022, Blur is an NFT marketplace and aggregator. Users can compare NFTs across marketplaces, manage portfolios with advanced analytics, as well as buy NFTs.
What is Blur Coin?
BLUR is the ERC-20 governance token of Blur.io, an NFT marketplace. Blur.io provides NFT traders with an aggregator among other advanced trading tools.
Method⚡
In this dashboard, i made deep analysis about $Blur airdrop which happened on Feb 13th and its consequences on crypto market and its marketplace. I will analyze its aridrop statistics and explore the claimers and what did they do after claimed their tokens. After that i will take a look at $Blur tokenomics and trading activity after Feb 13th to see who is buying and who is selling this token and where. At the end, i will analyze $Blur airdrop impacts on Blur marketplace and compare it to other marketplaces on Ethereum to see how they performed in past week. Also i analyzed royalty fees at the very end to see airdrop impact on Blur marketplace and others .
For this matter i used ethereum.core database provided by Flipsidecrypto and extracted the airdrop activity from fact_event_logs table with $Blur contract and its airdrop contract:
'0x5283d291dbcf85356a21ba090e6db59121208b44' $Blur Contract address
'0xf2d15c0a89428c9251d71a0e29b39ff1e86bce25' Airdrop Contarct Address