{"id":80191,"date":"2023-06-14T10:33:38","date_gmt":"2023-06-14T07:33:38","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=80191"},"modified":"2025-09-11T15:22:52","modified_gmt":"2025-09-11T12:22:52","slug":"nft-marketplace-blur-unlocks-196-million-blur-tokens","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/nft-marketplace-blur-unlocks-196-million-blur-tokens\/","title":{"rendered":"NFT marketplace Blur unlocks 196 million BLUR tokens"},"content":{"rendered":"<p>On June 14, the NFT marketplace Blur will unlock nearly 196 million BLUR tokens worth about $62 million. The volume comprises 6.5% of the total supply and 40% of the asset&#8217;s current circulating supply.<\/p>\n<figure class=\\\"wp-block-image\\\"><img decoding=\\\"async\\\" src=\\\"https:\/\/lh5.googleusercontent.com\/x5n7W5czVSqCPHN_w75Q5YjpI2FR2qMO8WOYfTkLgmoK6XK_-DTgNa5zQhtkIU6scPqbo-7A-nQwqheLTcgtmtj6451nHro39kOeL2W3LdGxqdA-Hs8S3vGh0vZonH-YeF_qMvX7vIa8NvUZGUcujEw\\\" alt=\\\"Blur NFT marketplace unlocks 196 million BLUR tokens\\\"\/><figcaption>Data: <a href=\\\"https:\/\/token.unlocks.app\/blur\\\">Token Unlocks<\/a>.<\/figcaption><\/figure>\n<p>Of the total unblocked tokens, 115.6 million belong to core developers, 75.4 million to investors, 4.9 million BLUR are allocated to advisers of the project.<\/p>\n<p>In March 2022, the marketplace <a href=\"https:\/\/forklog.com\/en\/news\/nft-marketplace-blur-secures-11-million-seed-funding\">secured $11 million<\/a> in a seed funding round led by Paradigm. In February 2023, the marketplace <a href=\"https:\/\/forklog.com\/en\/news\/media-blur-valuation-rises-to-1-billion-amid-airdrop-reports-say\">raised an additional from $15 million to $30 million<\/a> at a $1 billion valuation.<\/p>\n<p>In the same month, the platform conducted the BLUR airdrop.<\/p>\n<p>Analysts at Lookonchain highlighted the activity of major token holders ahead of the unlock. Some whales had previously earned substantial sums trading BLUR.<\/p>\n<blockquote class=\\\"twitter-tweet\\\" data-conversation=\\\"none\\\" data-lang=\\\"en\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">5.<\/p>\n<p>Whale \\&#8221;0x06cD\\&#8221; has withdrawn a total of 10.5M <a href=\\\"https:\/\/twitter.com\/search?q=%24BLUR&#038;src=ctag&#038;ref_src=twsrc%5Etfw\\\">$BLUR<\/a> ($3.36M) from OKX since April 4th, and the last withdrawal was 2 days ago.<\/p>\n<p>Whale \\&#8221;0x06cD\\&#8221; currently holds 13.5M <a href=\\\"https:\/\/twitter.com\/search?q=%24BLUR&#038;src=ctag&#038;ref_src=twsrc%5Etfw\\\">$BLUR<\/a>($4.3M), and is the 8th holder of <a href=\\\"https:\/\/twitter.com\/search?q=%24BLUR&#038;src=ctag&#038;ref_src=twsrc%5Etfw\\\">$BLUR<\/a>.<a href=\\\"https:\/\/t.co\/qDY74wUGYI\\\">https:\/\/t.co\/qDY74wUGYI<\/a> <a href=\\\"https:\/\/t.co\/79MHaG7ZK7\\\">pic.twitter.com\/79MHaG7ZK7<\/a><\/p>\n<p>\u2014 Lookonchain (@lookonchain) <a href=\\\"https:\/\/twitter.com\/lookonchain\/status\/1668553901241671680?ref_src=twsrc%5Etfw\\\">June 13, 2023<\/a><\/p><\/blockquote>\n<p> <script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>The token price over the past seven days has fallen about 30% (<a href=\\\"https:\/\/www.coingecko.com\/en\/coins\/blur\\\">CoinGecko<\/a>). BLUR trades around $0.31 near its all-time low of $0.295, recorded on June 12. The price is roughly 94% below the all-time high of $5.02 reached on the airdrop day February 14.<\/p>\n<figure class=\\\"wp-block-image\\\"><img decoding=\\\"async\\\" src=\\\"https:\/\/lh4.googleusercontent.com\/wbriyq_JrU4URL4wDTk9XoZtk3Mwhr-XKQqWn3Hhqf_dJm92UaRokyJx_uMk7J7F3h7yb8X-EnjhuFoS2d2H4XneH-cVFSiYzK71BWcvB6hnSgSCr6WUSxKWaXjw_TNfE-NGXo8Wdw-Pe2afUsndbYc\\\" alt=\\\"Blur NFT marketplace unlocks 196 million BLUR tokens\\\"\/><figcaption>Data: CoinGecko.<\/figcaption><\/figure>\n<p>Earlier in February, Blur <a href=\"https:\/\/forklog.com\/en\/news\/blur-nft-marketplace-leads-nft-trading-volume\">surpassed OpenSea, the sector&#8217;s long-time trading-volume leader<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On June 14, the NFT marketplace Blur will unlock nearly 196 million BLUR tokens worth about $62 million. The volume accounts for 6.5% of the total supply and 40% of the asset\u2019s current circulating supply.<\/p>\n","protected":false},"author":1,"featured_media":80192,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1549,1258],"class_list":["post-80191","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-blur","tag-tokenomics"],"aioseo_notices":[],"amp_enabled":true,"views":"21","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/80191","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=80191"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/80191\/revisions"}],"predecessor-version":[{"id":80193,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/80191\/revisions\/80193"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/80192"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=80191"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=80191"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=80191"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}