Introduction

Welcome to the Blur Dashboard! In this dashboard, we will be exploring the impact of Blur's recent launch of its native ERC-20 governance token, $BLUR, with a maximum supply of three billion. The launch of the token was highly anticipated, and a successful airdrop was carried out to platform users who traded NFTs on Ethereum and listed NFTs on Blur. Through this dashboard, we will track key metrics such as post-airdrop activity, new capital entering the market, tokenomics, and activity comparison with other marketplaces. We will also analyze trends in royalty payments on Blur compared to other marketplaces and the effect of the airdrop on NFT project floor prices and buying/selling activity. By using this dashboard, you will get a comprehensive overview of the impact of the $BLUR airdrop and how it has affected NFT activity on Blur and in the broader market. So, let's dive into the data and uncover the story behind the success of the Blur airdrop!

Key Terms

Blur: A decentralized platform for buying, selling, and discovering unique digital assets, including non-fungible tokens (NFTs).

ERC-20: A technical standard for smart contracts on the Ethereum blockchain, used for creating tokens.

$BLUR: The native governance token for the Blur platform, with a maximum supply of three billion.

Airdrop: A promotional campaign in which tokens are distributed to users for free or in exchange for performing certain actions, such as trading NFTs on Ethereum or listing NFTs on Blur.

Non-fungible tokens (NFTs): Unique digital assets that represent ownership of a specific item or piece of content, such as a collectible, artwork, or in-game item.

Decentralized: A system in which power is distributed among multiple actors rather than being centralized in a single authority.

Royalty payments: Payments made to the creators or owners of a digital asset, typically as a percentage of each sale or transfer of the asset.

Floor price: The minimum price at which a digital asset is expected to sell.

Cryptocurrency: A digital or virtual currency that uses cryptography for security and operates independently of a central bank.