Blur NFT Market Introduces BLUR Token, Requires Non-US Users Only

02/15/2023 23:53 • Metaverse Matters • 91 views

It is reported that Blur in the NFT market announced that the BLUR token has been online in a social media message, but there is a message that users must prove that they are not Americans when applying for the token. Some American citizens who are eligible for the BLUR airdrop received the prompt “Airdrop.Blur.Foundation is not available at your location” when applying for the token, but some people in the community said that VPN can be used to solve this problem, However, it is said that US users may have potential tax liability impact. Blur said that “Season 2” has started, and in the next 30 days, all bidding and listing points will be doubled until March 14.

Transferred to US users or unable to apply for BLUR token

Analysis based on this information:

Blur, a popular non-fungible token (NFT) market, recently announced the availability of the BLUR token in a social media message. However, the announcement came with a caveat that only non-US users are eligible for the token. American citizens who try to apply for the BLUR airdrop receive a message that says “Airdrop.Blur.Foundation is not available at your location.” This has sparked controversy among some members of the community. While some suggest using VPN to bypass the restriction, there are concerns about potential tax liability implications for US users.

According to the announcement, “Season 2” has started for Blur, and starting from Feb 14 till March 14, they will double all bidding and listing points. It is a great opportunity for users who are interested in the BLUR token to increase their earning potential. However, the decision by Blur to restrict the airdrop exclusively to non-US users has raised questions about why the company has taken this approach.

Some members of the community have suggested that this could be due to regulatory concerns in the US, where authorities have recently stepped up their efforts to regulate cryptocurrencies and digital assets. While there is no official statement from Blur regarding the reason for excluding US users, the decision could also be related to US tax laws related to airdrops and similar token distributions.

Despite the restrictions, some American citizens in the community have suggested using VPN to bypass the location-based restriction. However, there are concerns about the potential tax implications for US users who use VPN to participate in the airdrop. It is advisable for US users to consult with a tax professional and weigh the potential risks before participating.

In conclusion, while the BLUR token launch on Blur NFT market is an exciting development for the community, the restrictions on US users have raised questions about the reason for the decision. Given the potential legal and tax implications, it is important for participants to understand the risks and consult with professionals before participating.

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Blur NFT Market Introduces BLUR Token, Requires Non-US Users Only

Transferred to US users or unable to apply for BLUR token

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