While some around the globe celebrated Valentine’s Day, Blur [BLUR] gave fans what they had been waiting for by releasing its much-anticipated token. The company alerted followers to the release through a social media post on 14 February and pointed qualified users to the AirDrop landing page.
<p lang=«en» dir=«ltr» xml:lang=«en»>IT'S TIME FOR $BLURCare Packages can be opened on Feb 14 at 12PM EST, 1AM HKG, 6PM CET.
Make sure the launch announcement comes from our official @BLUR_io account tomorrow and double check all URLs before claiming. pic.twitter.com/tSbOPLqYTW
— Blur (@blur_io) February 13, 2023
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It was previously noted that the lack of tokenomics was a major complaint against Blur . Unfortunately, there was a lack of it, which cast doubt on the legitimacy of the token and the process by which it was distributed. However, on 14 February, the tokenomics was made public and described the distribution schedule and methods in detail.
In addition, the tokenomics stated that contributors, advisors, investors, and the community at large would receive varying percentages of tokens.
Source: Blur
In all, 360 million tokens were distributed, and as of this writing, over 303.3 million tokens have been claimed, according to statistics from Dune Analytics. The claimed tokens on the first day amounted to over 80% of the AirDrop.
Additionally, the dune data showed that 39.6% of recipients got 100- 1,000 tokens, while 35.8% got 1,000- 10,000 tokens. According to the statement on the Blur page, traders have 60 days to claim their AirDrop.
Source: Dune Analytics
Seven addresses sold all the BLUR tokens they had claimed, while 15 of the top 20 recipients traded the token,
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