In the crypto space we need a lot of competition and that means that we need lots of options, this is why decentralisation is needed. Centralisation causes too many monopoly and that is nice in the crypto space. Opensea has been the NUMBER one NFT marketplace with no competition, as a matter of fact they were some that tried but couldn’t replace opensea. Blur NFT Marketplace was launched in October last year but the massive usage of the NFT Market Place is making OpenSea look competitively defeated. The usage of OpenSea is gradually reducing and from the tweet they made today, you can see that they have done their research and are ready to up their game.
First blur reduced its percentage fee on sales and also reduced its royalty fees, this means that NFT creators, buyers and sellers will choose to trade on the platform, because they pay lesser now. Blur did a token airdrop few days ago, and just like that the power of airdrop did its work. People started talking about blur and the token it airdropped to its users and they are rumours that it will airdrop more. the value of the token did great. The airdrop is based on your trading volume on opensea and may be on the Blur NFT Market Place. So to get another possible airdrop you need to trade more and increase your trading volume who knows you can get more airdrop. Remember the site said it will make you money, plus they have cut down fees to encourage trading on the platform.
Opensea has announced it will reduce its fees, but guess what? For a limited time, because according to them, people are going to other NFT Marketplace platforms because of the reduced fees. Remember when trading on opens you will pay a market place fee and a creators royalty fee. But on Blur you dont pay trading fees and royalty fee is reduced, with the massive success blur is making, opensea feel threatened so they reduced their fees. Now they left a clue that they will be rewarding their loyal user. Is that going to be an airdrop? Well, lets watch out and see.
