We are very excited to share that BLUR Coin (BLUR), is now listed on Coinhako.
What is BLUR?
BLUR is the native governance token for Blur, a unique non-fungible token (NFT) marketplace and aggregator platform, which provides real-time price updates, portfolio management, and comparisons across multiple NFT marketplaces. With user-friendly interface and advanced features like faster NFT sweeps, keyboard monkey, and blur defaults, Blur aims to enhance trading activities.
BLUR is an ERC-20 token, and there is a max supply of 3,000,000,000 BLUR. It supports creatives by providing those who pay royalties with BLUR tokens as a form of compensation and strives to strike a balance between creators and traders. It connects to X2Y2, OpenSea, and LooksRare (LOOK) as an aggregator and offers a variety of features that aim to support NFT trading experiences.
The official launch of Blur introduced a unique marketplace model that rewards traders through Blur airdrops, incentives for bidding, listing, lending activities, and a free marketplace structure. This approach has attracted top investors and sparked considerable interest in the Blur token.
How does Blur work?
Blur was launched in October 2022 and has quickly risen to become one of the top NFT marketplaces on Ethereum, surpassing OpenSea in terms of sales volume.
Their goal is to empower the NFT trading community — to achieve this, Blur initiated a generous airdrop to incentivize early users and liquidity providers. Token holders have the opportunity to engage in governance decisions, receive rewards, and unlock exclusive features.
Additionally, Blur made the decision to waive trading fees for buyers and sellers alike. This move brought about significant shifts in the NFT marketplace industry, prompting other platforms such as OpenSea to emulate Blur's approach.
Why does BLUR stand out?
The project's roadmap includes the introduction of a dedicated NFT minting platform. This platform will enable users to create their own NFTs on Polygon without the need for coding or technical expertise. Furthermore, Blur aims to expand its marketplace aggregator by integrating additional NFT platforms and protocols like SolSea and Metaplex based on Solana.
In the future, Blur plans to enhance user engagement by introducing more social features such as chat rooms, leaderboards, profiles, badges, and other interactive elements to create a more inclusive and engaging user experience.
What can you do with BLUR on Coinhako?
BLUR will be available for users to trade across all swap pairs on Coinhako.
To gain access to any of these trading pairs, you can either:
- Fund your SGD wallet on Coinhako instantly with PayNow (or any other supported payment methods)
- Purchase BLUR instantly with Visa / Mastercard
Risk Warning on Digital Payment Token Services
Hako Technology Pte Ltd ("Coinhako") is licensed to provide digital payment token services under the Payment Services Act 2019 (No. 2 of 2019).
The Monetary Authority of Singapore ("MAS") requires us to provide this risk warning to you as a customer of a digital payment token ("DPT") service provider.
Before you pay your DPT service provider any money or DPT, you should be aware of the following.
- Your DPT service provider is licensed by MAS to provide DPT services. Please note that this does not mean you will be able to recover all the money or DPTs you paid to your DPT service provider if your DPT service provider’s business fails.
- You should not transact in the DPT if you are not familiar with this DPT. This includes how the DPT is created, and how the DPT you intend to transact is transferred or held by your DPT service provider.
- You should be aware that the value of DPTs may fluctuate greatly. You should buy DPTs only if you are prepared to accept the risk of losing all of the money you put into such tokens.
- You should be aware that your DPT service provider, as part of its licence to provide DPT services, may offer services related to DPTs which are promoted as having a stable value, commonly known as “stablecoin”.
Visit: Coinhako.com/risk-disclosure for more information.
