Blur season 1 ended with a big profit for many participants. The lucky ones earned hundreds and thousands of dollars. The second season of BLUR was recently announced, from which no less rewards are expected. In the article we will talk about what activities you need to do to get points, and how much you can earn from it.
Blur is a marketplace for buying and selling NFTs. During drops, users receive points for transactions, which are subsequently converted into blur tokens. Last season, for each point they gave about 30-40 tokens, which were sold for $15-20.
Points are awarded for the following actions:
- Rates for buying NFTs
- For buying/selling NFTs
There is also a possible bonus for the fact that only Blur is used for NFT turnover. That is, you should not use OpenSea or any other similar platform.
Earn Blur points without risks
First of all, get acquainted with the Collection section and connect the Metamask wallet to the project.
Next, we transfer the required amount of ether to Blur’s balance. The commission will be about $2.
Now you need to choose the NFT collection that suits your budget best. When you have chosen the appropriate option, you need to study recent sales statistics. If there are few sales, then no one is interested in the collection and it’s worth considering another option. Our task is to quickly turn over funds and earn points. Also pay attention to the fact that there have been no sharp price increases over the past week. It may happen that the NFT will fall in price after purchase and you will end up at a big loss when selling.
Switch to the Bids tab and see what current bids are placed on the collection. There is an important point here: the closer your bid is to the real price of the NFT, the more points you will be given. However, the likelihood of buying a collection increases, which is not always necessary. We recommend earning your first points only on bets below the market value, this way there will be no risk of losing ether.
To place a bid, click the Place Collection Bid button, enter the amount and confirm the transaction.
For example, we placed a bet of 0.44 ETH. The screenshot shows that there are people in front of us who are ready to buy 15 NFTs at a higher price, so the line will not reach us soon. We recommend placing a lower bid to reduce the chances of a purchase.
Important! At this stage, our task is to become more familiar with the specifics of Blur and earn the first points without buying NFTs. When you place a bet, the money is not frozen in your balance. Therefore, you can select several NFT collections at once and use the entire balance in each.
For example, we have put together a portfolio like this, where the cost of each bet is approximately equal to the balance. The point is that for each such action Blur points will be awarded.
How to earn more Blur points
There are already risks in this strategy. For example, when purchasing an NFT, you will need to pay for gas. A sharp reduction in the price of the purchased collection is also possible. This option is suitable for those with a budget of $1000 or more.
We need to choose NFTs that are in demand. Also keep an eye on the price dynamics to avoid any jumps. After purchasing, you will have to wait an hour before the opportunity to sell appears. Do this as quickly as possible. If you hold an NFT for more than a few hours, it can easily collapse to the minimum price, leaving you in the red. Here are our statistics for the latest trading:
Why create multiple Blur accounts?
No matter how large the balance, each account has earnings limits. Therefore, multiple accounts are needed to maximize profits. However, Blur themselves stated that they would not allow such fraud and would deprive those who violate the rules of rewards.
Bypassing the restriction is quite simple. Create and use all accounts with unique IPs using a proxy. You will also need an anti-detection browser that will help hide other device parameters. Use this bundle and earn points from several accounts at once. It is better to top up your balance through Binance so that security systems do not identify you based on your wallet.
