​Founder of Blur, the Pro NFT Marketplace Driving Billions in | Crypto Bubble

​Founder of Blur, the Pro NFT Marketplace Driving Billions in Trades, Reveals What's Next

It was just over four months ago when Blur launched as a no-fee non-fungible token (NFT) marketplace targeting "pro" NFT traders. Its no-frills user interface and advanced features like “floor sweeping” across multiple marketplaces, fast "snipe reveals" and portfolio analytics tools, quickly made it a favorite among fast-paced traders looking to get the best deal and maximize profits.

Blur's popularity spiked last month upon the release of its native BLUR token, which had been steadily airdropped to its users in the form of care packages over several months as a reward for trading activity. The token allows holders to participate in the platform’s governance protocol and profit from the community-owned marketplace.

Several data aggregators and user-generated dashboards indicate that Blur has sailed past top NFT marketplace OpenSea in terms of trading volume in recent weeks. According to DappRadar's February Industry Report, Blur made up 64.8% ($1.32 billion) of the NFT market share last month, with trading activity "largely driven by NFT whales farming on the platform."

And while OpenSea continues to lead in the number of daily users, according to the data, Blur's meteoric rise has spooked OpenSea enough to make it change its creator royalties and platform fees to stay competitive.