BLUR, the token of the NFT marketplace that shares its name, is up 30% following this week’s Season 2 airdrop and the news that the token will be listed on crypto exchange Binance.

At time of publication, BLUR is trading at $0.63, up jsust under 30% on the day and around 82% on the week, per data from CoinGecko.

Blur’s end-of-season airdrops are designed to incentivize traders to use the NFT marketplace; the Season 2 airdrop saw a reward pool of 300 million BLUR tokens (worth around $185 million at today’s price) distributed to users. One trader claimed 22.85 million BLUR tokens in the airdrop, based on their activity on the marketplace during the months-long Season 2. The tokens were worth around $7.3 million at the time they were claimed, and now amount to around $14 million.

Additionally, crypto exchange Binance has announced that it will list BLUR.

What is Blur?

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Author: Decrypt Staff

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