Person claims $11M in Blur token rewards at NFT market’s season 2 airdrop


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A pseudonymous nonfungible token (NFT) dealer made round $11 million within the current airdrop reward distribution carried out by the NFT market Blur. 

Dune analytics information confirmed {that a} pockets with the Ethereum Identify Service (ENS) tag referred to as “hanwe.eth” claimed a complete of twenty-two,851,000 Blur (BLUR) tokens within the season 2 airdrop of Blur. On the time of writing, coin worth tracker CoinGecko confirmed that the quantity is price round $11.2 million.

The tip-of-season airdrop is likely one of the methods employed by Blur to draw merchants to make use of its platform. Blur rewards those that traded NFTs on the platform on the finish of every season. 

The rewards differ relying on customers’ actions inside the NFT buying and selling platform. In the newest airdrop, Blur allotted a complete reward pool of 300 million tokens price $146 million at present BLUR costs.

Greatest quantities claimed on the current Blur airdrop. Supply: Dune

Round 38,000 addresses have already claimed their rewards, placing the overall variety of claimed tokens at 267 million. Nevertheless, not everyone seems to be happy with the Blur rewards acquired on the finish of the season. 

NFT whale Jeffrey Hwang, generally generally known as Machi Massive Brother, cursed at Blur after receiving 6 million tokens price round $2.9 million. On Feb. 25, Hwang bought 1,010 NFTs in 48 hours in what some contemplate the most important NFT dump ever. Nansen’s Andrew Thurman mentioned it might be “one massive wash commerce” to generate earnings by the Blur airdrop, as Hwang nearly instantly purchased again 991 of the NFTs

Associated: NFT gross sales quantity jumps to $129M in November — Nansen information

Blur surpassed OpenSea in each day Ether (ETH) buying and selling quantity earlier this 12 months. On Feb. 18, OpenSea was prompted to implement a 0% charge construction to win again its person base from its up-and-coming competitor.

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