Trader accumulates more than $11 million in token airdrop from NFT marketplace
Cryptocurrency Trader Receives $11 Million in Token Airdrop from NFT Marketplace Blur Season 2
An active cryptocurrency trader, known as Hanwe, has become the top beneficiary of the non-fungible token (NFT) marketplace Blur’s Season 2 airdrop, earning over $11 million worth of BLUR tokens.
Season 2 Rewards
Hanwe was heavily involved in Blur’s NFT bids, listings, and lending, using the pseudonym hanwe.eth. His trading activities led to him receiving 22.85 million BLUR tokens out of the total 300 million pot allocated for the season.
At the time of receiving the tokens, they were worth around $7.3 million. However, since then, the price of the cryptocurrency has risen, leading to the airdrop’s current value of $11.3 million.
Hanwe took to Twitter to share his success, posting, “It’s time to BLAST OFF. I just received 22,851,000 $BLUR from @BLUR_io’s Season 2 drop. Season 3 starts NOW and is powered by @BLAST_L2, the only L2 with native yield backed by Paradigm and Standard Crypto.”
Blur’s Success and Future Plans
According to Decrypt, Blur surpassed OpenSea in NFT trading volume earlier this year, thanks to its business model that incentivizes active trading, resonating strongly with the NFT community. The upcoming Season 3 is set to introduce new changes, including the integration of Ethereum layer-2 network Blast.
The integration of Blast is expected to enhance the platform’s efficiency and offer new incentives. Additionally, Blur’s community is set to receive a special airdrop in May 2024. At present, BLUR is trading at $0.51, having surged 38.4% over the last 24-hour period.
The cryptocurrency’s price has risen by a remarkable 185% over the last 30 days, a surge attributed to the wider cryptocurrency market recovery. The increased optimism surrounding the potential approval of a spot Bitcoin exchange-traded fund (ETF) in the United States has also contributed to the surge in altcoin prices.
With the cryptocurrency market showing signs of recovery and Blur’s continued success, the future looks promising for the NFT marketplace and its active traders.
Featured image via Unsplash.
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