Blur Delays Release Date of New Product, Extends Bidding Pool and Listing Double Point Incentive for Season 2

03/29/2023 00:29 • Blockchain Briefs • 81 views

On March 28th, according to the NFT market, Blur announced on Twitter that the new product originally planned to be released on April 1st will require more time to build, so it will be delayed (the specific release time has not been disclosed). In addition, Blur also announced that the bidding pool and listing double point incentive for Season 2 will be extended until May 1st. According to the latest data from DeFiLlama, the current lockup volume of the Blur bidding pool has reached $143.85 million, approaching the peak of $147 million set in early March.

Blur: Season 2’s double point incentive for the bidding pool and listing will be extended until May 1

Blur made an announcement on March 28th, through the NFT market, that their new product, originally scheduled for release on April 1st, will be delayed due to the need for more time to build it. No specific release date has been disclosed yet. In addition, Blur also extended the bidding pool and listing double point incentive for Season 2 until May 1st. The current lockup volume of the Blur bidding pool has reached $143.85 million, approaching the peak of $147 million set in early March, according to the latest data from DeFiLlama.

Introduction

Blur is a digital marketplace for creators and collectors to buy, sell, and trade non-fungible tokens (NFTs). They are known for their unique and intricate NFT designs that cater to various interests, from digital art to gaming. The platform has gained popularity in recent months, with more people investing in NFTs and exploring new opportunities for creators and curators alike. However, the recent announcement of Blur postponing its new product and extending its Season 2 incentives has caused a stir in the community.

Why Blur Decided to Delay the Release of Their New Product

Blur’s new product, which was set to be released on April 1st, has been highly anticipated by the community. However, on March 28th, Blur announced that the product’s release will be delayed due to the need for more time to build it. The specific release date has not been disclosed yet, but Blur reassures its community that the extra time will ensure a better-quality product.
The announcement was met with mixed reactions from the community, with some expressing disappointment in the delay, while others understood the need for more time to create a high-quality product. Nevertheless, Blur’s reputation for delivering exceptional NFT designs and experiences remains strong.

Blur’s Season 2 Bidding Pool and Listing Double Point Incentive

Along with the news of the delayed product, Blur also extended the Season 2 bidding pool and listing double point incentive until May 1st. This move aims to encourage more users to invest in Blur’s bidding pool and list their NFTs on the platform.
The current lockup volume of the Blur bidding pool has reached $143.85 million, according to DeFiLlama, which demonstrates just how much the platform has grown in recent months. With the extension of the Season 2 incentives, Blur hopes to continue this upward trend and attract more users to its platform.

Conclusion

Blur’s recent announcements of the delayed product release and the extension of Season 2 incentives have caused a stir in the NFT community. However, Blur’s commitment to delivering high-quality products and experiences remains strong, and its reputation for excellence in the industry reflects that. Blur’s recently extended Season 2 incentives aim to increase usage of the platform and the bidding pool, which has seen impressive growth in recent months. As the NFT market continues to evolve, Blur’s strategic moves and innovative designs keep it at the forefront of the industry.

FAQs

1. When will the new Blur product be released?
– The specific release date has not been disclosed yet, but it will be delayed due to the need for more time to build it.
2. What are Blur’s Season 2 incentives?
– Blur’s Season 2 incentives include a bidding pool and a listing double point incentive, which have both been extended until May 1st.
3. How much is currently locked up in Blur’s bidding pool?
– According to data from DeFiLlama, the current lockup volume of the Blur bidding pool has reached $143.85 million.

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