A little-known cryptocurrency token grew by 27% per day and entered the TOP 100

According to analytical trackers, the little-known cryptocurrency Blur (BLUR) has grown by 27% over the past day and entered the top 100 digital assets by market capitalization. At the time of writing, BLUR is ranked 96th among the top tokens, trading at $ 1.31.

Note: not financial advice!

BLUR is an ERC20 token on the Blur. io NFT marketplace. The BLUR token managed to rise sharply in value due to a statement by the head of the trading platform under the pseudonym Pacman, who called on the creators of non-fungible tokens to ignore OpenSea.

Yesterday we made an update to our royalty policy. Here’s the blog post accompanying that — it was meant to go out yesterday but due to the launch mayhem we weren’t able to publish until now. https://t.co/jeRcQYkvAr

— Blur (@blur_io) February 15, 2023

Pacman suggested that NFT creators should give preference to the Blur marketplace, because, according to him, this platform can offer more favorable conditions. «Creators cannot receive royalties on two platforms at the same time — Blur and OpenSea. You can only earn remuneration on one of the marketplaces. OpenSea’s policy prevents authors from receiving royalties everywhere. Blur, on the other hand, helps creators earn royalties anywhere,» Pacman said.

on February 18, Blur surpassed OpenSea in terms of ETN trading volume, after which OpenSea representatives announced a reduction in fees and an increase in income for creators. Thus, the still most popular marketplace hopes to keep creators on its platform. Among the important decisions of OpenSea are 0% commission, the introduction of optional earnings for creators, and a lenient attitude towards other operators.