The conclusion of Blur's Season 2 airdrop marked a significant event in the NFT space, with the platform distributing 300 million tokens, translating to approximately $160 million, to its user base. Among the beneficiaries was the trader "hanwe.eth," whose Ethereum wallet received a substantial windfall of $12.1 million worth of BLUR tokens.
This strategic token distribution, a recurring feature at the end of each season, aims to incentivize user engagement, although opinions on the airdrop varied among recipients. While some expressed discontent, the substantial gains made by "hanwe.eth" underscore the impactful nature of Blur's rewards program in the competitive NFT market.
This development comes on the heels of Blur's ascension to the top of the Ether trading volume charts, surpassing industry giant OpenSea, which responded with the removal of NFT royalty fees in an effort to retain its competitive edge.
