Blur NFT Review
Fact checked by
- Rating 4.5
- Marketplace Fee No fees
- Blockchain Network Ethereum
- User Interface Advanced
Our Blur NFT Marketplace Review
Blur NFT Marketplace stands out for its multi-functionality as a marketplace and NFT aggregator on Ethereum. With real-time listing updates every four seconds, its ideal for experienced investors. The detailed metrics, including floor price, rarity score, and unrealized P&L. With no marketplace fees, it is a solid pick.
Pros
- Real-time listings.
- NFT aggregator.
- Zero marketplace fees.
- Retro-style interface.
- Detailed metrics, including rarity.
Cons
- Only Ethereum NFTs.
- Lack of supported crypto.
- No fiat support.
Blur NFT Marketplace Review 2024: Is It Digital Art’s Future?
TLDR
This Blur NFT Marketplace review will explore that this marketplace is for NFT degens. It shows a selection of NFTs listed independently and aggregates other NFTs from platforms like OpenSea.
The black retro interface is highly customizable. You can also view NFT listings in real-time as it updates every four seconds. In addition, Blend, Blur’s peer-to-peer lending platform, gives access to liquidity for popular NFTs.
However, you can only buy and trade digital assets using ETH and BLUR with no 0% marketplace fees. For creators, it has a minimum 0.5% royalty.
While it has excellent community support through Discord, it also has limitations, such as supporting only Ethereum NFT collections.
Attribute | Information |
---|---|
Coinwebs rating | ⭐⭐⭐⭐ (4.8 stars) |
Launched In | 2022 |
Top Features | Blend, Retro Interface, Super Fast, Zero-Fees, Detailed Stats, Access to Other Platforms |
Creator Royalties | 0.5% Mandatory |
Supported Blockchains | Only Ethereum |
Marketplace Fees | 0% (Only Gas Fees) |
Payment Methods | $BLUR & ETH |
Customer Support | Discord Community |
Company Overview
Launched in October 2022, Blur quickly became the largest NFT marketplace by volume and users for the Ethereum blockchain. It secured funding from VC firms like Paradigm.
The guys behind Blur prefer to stay anonymous. Interesting, right? The founder, @PacmanBlur, has an MIT degree and a Peter Thiel Fellowship membership. Meanwhile, Zeneca of the ZenAcademy, directs the Blur Foundation.
Before its official launch, blur offered beta access to professional traders, who referred the most users. And guess what? Blur became an NFT sensation and took off like a rocket, surpassing Gem’s (now known as OpenSea Pro) trading volume in three days.
Who Is Blur NFT Marketplace for?
Here is who should use the Blur NFT marketplace:
Experienced NFT traders and collectors
For professional NFT traders, the Blur platform has much to offer. It is more competitive, with a stronger trader presence than other marketplaces. How so, you ask?
Firstly, all the exclusive NFT listings are on Blur, including:
- Moonbirds
- Lazy cubs
- Kanpai Pandas
- Sappy Seals
- Clon X
The cherry on top is its practical tools, including floor price, rarity score, and unrealized P&L to identify the most suitable NFTs.
Not for new investors
Given the detailed metrics and other information, it might not be the best option for newbies.
So, if you are starting out in NFTs, OpenSea and Nifty Gateway would be better alternatives to get you up to speed.
What makes Blur NFT a great choice
Let’s explore the reasons to choose this NFT marketplace:
See new listings in real time
Blur pulls pricing from the blockchain every four seconds on NFT listings. This marketplace ticks the box if you want speed — not the 30-minute-ago price.
You also get near-instant metadata when sniping NFTs. When trying out the feature, you feel that you have an advantage over investors on Opensea.
Check rarity easily
Blur’s interface makes it easy to check out rarity traits. There is no need to visit third-party sites for NFT, as you have everything in one place.
Blur does the heavy lifting by finding the lowest prices for each trait and giving it to you.
It means no more digging through endless listings and past transactions to determine if it’s good. Grabbing NFTs with the right traits makes it simple.
Zero-fee trading and royalties
Blur doesn’t charge a trading fee or marketplace fees. That means, as a user, you only have to cover gas fees. You pay a Starbucks coffee or your kid’s monthly tuition, depending on the time.
However, if you are a creator, paying a minimum of 0.5% creator royalties as a fee is enforced. Some have a higher default percentage of royalties, like Bored Apes, which defaults to an 8.0% royalty.
If you sell your NFT, a royalty percentage is automatically subtracted from your sales revenue. You’ll also pay ETH gas fees for listing.
Fastest NFT marketplace
Blur is among the fastest NFT marketplaces. Specifically, it is designed to support faster batch minting than many other NFT marketplaces today.
This enhanced speed applies to activities across all platforms. This is a competitive advantage to traders for sniping.
Blur NFT Marketplace Review: Top Key Features
Here are some of the best features of Blur NFT:
Sweep the floor
With Blur, you have the power to sweep through the most affordable listings in any collection quickly. How do they do that?
All collection results displayed a depth chart above the floor price. It shows how many NFTs are listed at different price points, indicating purchase fluctuations.
So, what about when you want to sell your NFTs? Blur’s has that covered with gas-optimized bulk listing and delisting.
But wait, there’s more! When doing sweeps, it skipped the NFTs with transactions in progress!
Another important thing we found on the platform is protection from scams. Let’s say someone with a stolen NFT is trying to sell it. Blur marks it suspicious and skips over these NFTs.
Easy listing and selling
To sell your NFT on Blur, head to the [Portfolio] tab. Blur does a great job of filtering out spammy NFTs and those tricky Etherscan leftovers, so your collection looks clean.
Blur only displays NFTs from collections it supports, and it’s strictly Ethereum territory here. So, no luck if you’re holding some cool Polygon-based Trump Cards.
Now, if you’ve got Blur-approved NFTs, you can set your own price and floor price for specific traits. The listing screen gives you the lowdown on the current floor prices for your collection, so you’re not guessing.
You can list durations from one hour to six months. If you want more eyeballs on your NFTs, you can cross-list them on other NFT marketplaces. We’ll discuss it in detail next!
Find NFTs listed on Blur and other platforms
Blur also works as an NFT market aggregator, displaying listings on other NFT platforms.
When testing out the platform, this feature streamlines your experience since you don’t have to open 100 tabs and cross-check on 4 monitors.
NFTs are sourced from these marketplaces:
- OpenSea: Once a dominant player, it now competes head-to-head with Blur. Some collections feature over 20% of listings from OpenSea.
- LooksRare: Blur includes listings from LooksRare, a decentralized NFT platform, in its collections and search results.
However, listings from X2Y2, another decentralized NFT marketplace, are no longer included.
Intuitive user interface
Blur’s interface is highly customizable. You can switch to a light or dark theme. You can also switch between lists and tiles while browsing collections.
On top of that, they’ve got two viewing options: Trader and Collector view.
Trader View is all about stats and charts, while Collector View gives you big, beautiful NFT pics – though you’ll sacrifice the charts. You’ll find a neat toggle right at the bottom of the page.
Now, if you’re more of a stats person like us, the trader views your jam. It’s got bids, rarity ratings, and past sales.
While Blur’s interface is rich in detail, it might feel overwhelming if you’re a beginner. They’re targeting the power users, giving off a Bloomberg Terminal vibe rather than Amazon feels.
Borrow or lend NFTs and earn interest
Blend is Blurs lending feature with collaterals to access ETH liquidity. The second feature is a “buy-now-pay-later” option, allowing users to secure premium NFTs with a small initial payment.
The process is similar to a down payment on a house. This feature is a game-changer, especially for those eyeing coveted NFTs like:
- Bored Ape Yacht Club
- CryptoPunk NFTs
- Cool Cats
Here’s the cool part: They teamed up with Paradigm to cook up Blend.
It has no fees, is flexible, and plays nicely with different types of collateral. Plus, it’s adapting to the market rates.
BLUR governance token
Since the $BLUR token launch, the platform has been airdropping these to loyal users.
They have a points system through bidding, sweeping, or listing on Blur. The points could qualify you for BLUR tokens in the upcoming airdrop. In the next incentive release, Blur airdrop will have 3 million tokens sent out.
The total circulating supply for Blur will be 3 billion tokens. About 50% goes into the community treasury for things like airdrops, and the rest gets split between investors, advisors, and future core contributors.
Now, some users out there are scoring big with these BLUR airdrops. You can even trade the token on major exchanges like Coinbase (last we checked, it was about $0.17).
Lastly, BLUR tokens aren’t just for daydreaming but double as governance tokens. So if you HODL them, you get a say in shaping the protocol’s future.
How to get started with Blur Marketplace
Follow these steps to get started with the Blur NFT marketplace right away!