2️⃣ The second step of Blur’s market strategy: free airdrops. The airdrops are designed around a “loyalty points” system, which encourages whale mercenaries to take actual risks and invest millions of dollars in bids to create liquidity for the Blur market. Blur’s liquidity incentive design, while successful so far, is not without risks. If the NFT market goes into trouble, this could result in a flurry of bids being accepted, causing the market to fall further as airdrop hunters realize the risks of providing funding > the benefits of Blur loyalty points. #Binance #Blur #OpenSea #NFT
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