Blur Airdrop Season 2: Bidding Points and BLUR Rewards

The NFT marketplace Blur distributed its BLUR token on 14 February. Top traders received allocations worth tens of thousands of dollars. And the important part: Season 2 has already started​.

Item	Detail
First distribution	14 February 2023, 360 million BLUR (12% of supply)
Scoring window	Bids and listings from 19 October 2022 to 14 February 2023
Season 2	Running now​. Points for bidding and listing
Assets	Ethereum NFTs
Difficulty	Medium to high (NFT price risk)

What the first round scored

Blur''s distribution looked at how far you had switched over from OpenSea, and at loyalty in your trading. Active users who kept listing and bidding received the most​, while dormant holders got little. It settled the question: on marketplaces, simply holding is not rewarded.

How to earn in Season 2

There are two main ways to earn points.

1. Bidding​: place bids on collections near the floor. You take fill risk in exchange for points
2. Listing​: list the NFTs you hold on Blur. The closer to the floor, the higher the score

In other words, the design rewards liquidity providers​. It is easiest to understand as the same idea as market making on an exchange.

Playing it efficiently

• Only bid on NFTs you would be happy to own. Careless bids placed purely for points leave you holding NFTs you do not want when the market drops
• Placing bids in price bands where the floor is thick — that is, where fills are unlikely — has become the standard approach
• If you already hold NFTs, listing them turns into points at almost no risk
• Money management: the price of the NFT itself is the biggest risk​. Losses that exceed your point earnings happen routinely

Risks and caveats

• There is always the risk of a bid filling and leaving you with an NFT you did not want
• The conversion rate from points to BLUR is not known in advance
• Rules such as royalty settings change often. Follow the official X account

Summary

If you hold NFTs, there is one thing to do. List them on Blur and start turning them into points. You can work out your bidding strategy after that.

⚠️ This is not investment advice. Mind the price risk of NFTs.

What happened next

Season 2 ran with an allocation of 300 million BLUR, about 10% of supply​. The first round was handed out as "Care Packages", a lottery format whose rarity tier (Uncommon through Mythic) decided how much you received.

Sources

• Blur Pushes Second Airdrop To Keep NFT Traders Off OpenSea (Blockworks)
• NFT Marketplace Wars Heat Up As Blur's Airdrop Drives It To The Top Spot (Forbes)