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Blur is an Ethereum-based NFT marketplace designed for professional traders, known for its low fees, high speed, and advanced features like NFT floor depth charts. In October 2022, Blur airdropped governance tokens to early traders, initially planning to unlock them in January 2023 but delaying the rollout to February 14, 2023, due to technical challenges. The Blur Foundation supports community-led governance and the development of the Blur ecosystem, including the marketplace, aggregators, and the Blend protocolâÂÂa peer-to-peer perpetual lending protocol for NFTs. Blend allows users to use their NFTs as collateral to borrow ETH, offering flexible loans without fixed rates or expiry dates, thereby providing greater liquidity and yield opportunities in the NFT space.
ERC-20 Token