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[About BLUR] The popularity of BLUR airdrops has undoubtedly become the biggest hot spot in the near future. Before that, Lao Ba valued X2Y2 the most in the NFT market sector, and he has always held X2Y2 (we will analyze the logic of holding X2Y2 later), after BLUR issued coins , Lao Ba also experienced this magical project, and summed it up in one word: it is really awesome! But I am not in a hurry to open a position in BLUR at this stage, the specific ideas are as follows: $BLUR @blur_io #Airdrops
Platform advantages:
1. BLUR is currently the most effective solution platform for NFT liquidity problems; it provides potential buying prices and selling depths for NFTs that are being sold on the platform, and uses the power of users who want to AirDrop to stimulate the liquidity of the NFT market, and its Bid The mechanism is an upgraded version of transaction-mining. The biggest feature is that AirDrop users want to get more points, they must bid more, and the bid should be closer to the floor price;
2. The platform experience of BLUR is simpler and smoother than other platforms in the market; the overall practicality is closer to the experience of a homogeneous token trading platform, and the user acceptance is higher;
3. BLUR has a strong background; its creator Paradigm is also the creator of the UNISWAP AMM mechanism, and the professional team has the advantage of knowing more about transactions
4. BLUR has the potential to surpass OPENSEA, the first brother in the NFT market; the ultimate goal of the Bid mechanism is that the closer the price of the buy order and the sell order, the higher the AirDrop. In contrast, it is easier to attract real users to place orders on the platform. The daily trading volume has surpassed OPENSEA, the first step of accumulating users is relatively successful, and the rest only needs to cultivate users' trading habits
5. BLUR can attract new funds into its own market and lock users and funds. Its Bid mechanism is to deposit its own funds into the contract pool first. From the user's psychological point of view, if you want to conduct real transactions of NFT, there is a high probability Will choose the platform where funds are deposited
6. Help high-frequency trading NFT users to save gas fees; after the funds enter the Bid contract, users only need to perform signature verification to change the price of pending orders multiple times, and do not need to pay GAS FEE repeatedly
7. BLUR's Bid contract pool can theoretically support various functional AirDrop rewards, such as known bid rewards and listing rewards, and can also change the reward direction according to market changes in the future to coordinate market balance
potential risks:
1. The first AirDrop is too hot, and the second round will inevitably form a tendency to involve. Once expectations are not met, the enthusiasm for AirDrop rewards will decrease, and the subsequent TVL and user experience may gradually tend to market balance ( Except for the overall outbreak of the NFT market)
2. The release of BLUR tokens reached 1 billion in the first year, which is one-third of the total amount, and the problem of selling pressure cannot be ignored
3. The current complete economic model of BLUR tokens has not yet been announced, and it is not enough to be empowered as an AirDrop reward
4. At present, the market value of token circulation ranks first in the NFT market sector (OPENSEA has not issued tokens), and far surpasses other competing platforms. The short-term heat bubble has not been exhausted, and the NFT sector as a whole has not ushered in signs of a big bull market
5. Token AirDrop reward incentive income gradually decreases, similar to the initial mining head mine in DEFI, the reward will naturally decrease after more people participate, and eventually balance; but this does not rule out that the BLUR project party wants to use the heat to attract users , even if the reward decreases or there is no later period, the user's usage habits have been cultivated, and most users will retain because of the product experience
6. The threat of competing products in the same sector, BLUR’s innovative approach has sucked blood from other platform markets, and the same competing products will not sit still, and it is not ruled out that other platforms will release better mechanisms or strategies to fight back
To sum up, Lao Ba does not open a position because he does not recognize BLUR, but because the popularity of the listing is too high, it is risky to chase more forcibly. He missed the low price when he first went online, and waited for the next suitable opportunity. When the bubble is exhausted, it is When Lao Ba built a warehouse;
From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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