In the NFT market in February, one of the most eye-catching things was the launch of the NFT market Blur token , and more than 110,000 users received an airdrop of $BLUR, with a total value of about 240 million US dollars, for early participants Created a huge wealth effect.
At the same time, Blur is also striking while the iron is hot. After the first wave of airdrops, it was announced that 300 million BLUR tokens will be distributed in the second season of reward activities. The successive activities also triggered investors to airdrop BLUR tokens in the next stage. fanatical pursuit.
Further reading: $BLUR airdrops 300 million tokens in the second season! Maximize reward teaching, how to top up NFT listing loyalty
Season 2 Double Points Rewards Extended to May 1st
However, more than a month after the start of the second season airdrop, Blur suddenly issued an announcement today (29th):
The new features originally planned to be released on April 1st will take more time to build, so they will be delayed (the specific release time has not been disclosed), and we have also extended the second quarter double point reward to May 1st.
The community is dissatisfied, and a boycott movement is launched
Due to the extension of the double points event originally scheduled to end on April 1, the value of users who have been desperately swiping points recently may be reduced, which has disappointed many NFT communities. Well-known artist "Brother Maji" Huang Licheng criticized in the message: "FUCK".
It is understood that Brother Maji is the number one participant in the Blur airdrop event. He leads the pack with a total of 201,000 points in the cumulative score list, and is currently the only address with more than 200,000 points. Losses continued to expand.
Further reading: Brother Maji lost 4600 ETH for "Blur"! Response to the community: I am to blame for the NFT price drop? yours will be zero
In addition to Brother Maji, dissatisfied community users even launched a "boycott Blur ( #fuckBlur )" action in the message area. And Blur’s airdrop activity is once again considered by investors to be the culprit for the recent collapse of the NFT market. A community user @WYZRD_ expressed this:
Due to Blur , this allows 1% of whales to control the bottom layer of most NFTs, causing the rich to get richer and the poor to get poorer, and retail investors are like small fish in a pond being strangled.
Well-known KOL BTCdayu also expressed his views on the subsequent impact of Blur’s policy:
1. Change the rules, and it is expected that the bad rules will cause great dissatisfaction in the community.
2. Currency prices continue to decline. Originally, people would have expected that the cost of credits would rise, coupled with some positive benefits, which would be conducive to the continued improvement of the whole.
3. Due to the downward trend of the currency price, the project party did not choose to boost the confidence of the community, but directly continued to give the big players more points than expected. This will make people guess from the side. The official believes that the current currency price is not suitable for anything. practice because the risk is too high?
4. In the future, with the reduction of rewards, market makers may face the dilemma of leaving the market.
BLUR fell by more than 38.4% in the past 30 days
According to CoinGeko data, since $BLUR hit a high of $1.33 on February 20, its price has continued to drop, and it was temporarily reported at $0.52 before the deadline, and it has fallen by more than 38.4% in the past 30 days.
According to DeFiLlama data, the current Blur bidding pool lock-up volume has reached 143.85 million US dollars, which is close to the high of 147 million US dollars set in early March.
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