Blur Airdrop Stimulates NFT Trading Demand, High Score Users Currently Estimated Loss

In mid-February, the NFT trading platform Blur conducted its first round of Airdrop, distributing 360 million tokens to over 120,000 addresses. This Airdrop injected vitality into the NFT market, significantly increasing trading volume.

Data analysis shows:

1. The daily trading volume on 15 major NFT trading platforms increased by 229% last week, with daily active addresses growing by 19.5%. Blur's daily trading volume rose by 467%, and daily active addresses grew by 46%.

2. Blur has created pressure on other platforms in terms of trading volume, but the pressure in terms of user scale is relatively small. This indicates that Blur has attracted more high-net-worth users.

3. The bidding depth of the top 10 projects on Blur is concentrated near the floor price, while the bidding depth of 6 popular projects is concentrated within a range of 5% below the floor price.

4. The top 100 projects by trading volume on Blur have an average floor price 5% lower than OpenSea, but a 0.6% higher trading volume over 7 days. The volume-price relationship across platforms is not significant.

5. The total valid bids from the top 10 high-scoring users amounted to approximately 62,700 times, with an average deviation from the floor price of -16.32% and an average execution rate of 92.87%.

6. The 10 high-scoring users currently hold NFTs estimated at a floor price lower than the cost, with an average estimated loss of 90 ETH(, approximately $145,000).

7. To obtain high points, a large amount of capital needs to be invested, and continuous management of cost and estimated value difference is required. Ordinary users should pay more attention to risk management.

Overall, Blur's innovative mechanism has stimulated the market, but it has also brought new challenges. Participants need to weigh the benefits of points against price risks.