Blur
Crypto Overview
Overview
Blur is the native token of the Blur NFT marketplace, launched in 2022. The marketplace and token aim to serve professional NFT traders with advanced features like portfolio analytics, real-time price data, and multi-marketplace aggregation.
Intended Utility
The BLUR token serves as a governance token for the Blur DAO and provides trading incentives through its loyalty program. Token holders can participate in governance decisions affecting the platform's development and fee structure. The token was distributed to active NFT traders through multiple airdrop seasons to reward platform usage.
Actual Utility & Adoption
Blur has achieved significant adoption, becoming one of the largest NFT marketplaces by trading volume. The platform maintains active development with regular updates and feature releases. On-chain data shows consistent trading activity and governance participation.
Token Distribution & Founder Analysis
The token distribution includes: 12% to core contributors vested over 4 years, 9% to investors vested over 4 years, and 79% to the community. The vesting schedule helps prevent dump scenarios. The project's development team maintains transparency and shows consistent commitment to building infrastructure.
Revenue Model
Blur generates revenue through marketplace fees on NFT trades, which are distributed to token stakers. This model aligns with Islamic finance principles as it represents actual value exchange and profit-sharing rather than interest-based returns.
Crypto Impact
To assign a comfort level investing in Blur from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Blur.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.