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Feb 16, 2023, 9 tweets

TokenInsight Daily #CryptoNews 📰 Recap, Feb 15th

1/ 𝑵𝒆𝒘𝒔 𝑫𝒆𝒆𝒑 𝑫𝒊𝒗𝒆🔍
@blur_io launched its long-awaited $BLUR airdrop and aim to establish decentralized governance for the Blur marketplace and to compete with rivals like OpenSea. This airdrop is the largest one in the NFT ecosystem since early last year.

1.1/
The token experienced high volatility and the price drop over 80% from the initial high of $5, the current market activity indicates that the fully diluted market cap of $BLUR is approximately $2.2 billion USD.

1.2/
However, $BLUR looks not that expensive in comparison to competitors when taking into account valuation ratios such as FDV / Volume or FDV / Users.

According to data from @korpi87, both FDV/Volume and FDV/Users for Blur is smaller than sudoswap and looksrare.

2/ 𝑩𝒊𝒈𝒈𝒆𝒔𝒕 𝑮𝒂𝒊𝒏𝒆𝒓𝒔 & 𝑳𝒐𝒔𝒆𝒓𝒔🎖️💔

3/ 𝑶𝒕𝒉𝒆𝒓𝒔🗞️
• Way Network to Help Algorithmic Stable Currency Projects Become zkOmnichain Stablecoins.
• Proposal to Enable $SUDO Transferability Will Be Voted Again After First Proposal Fails to Pass Quorum.
• Coinbase to List Access Protocol ($ACS).

3.1/
• Eligible OKX Customers Impacted by $BLUR Deposit Delays Will Receive up to 500 $OKB
• Final Fantasy Maker Square Enix to Launch NFT Game on Polygon
• Abu Dhabi Commits Over $2 Billion to Fund Web3 Startups.

4/ 𝑵𝑭𝑻 𝑴𝒂𝒓𝒌𝒆𝒕𝒑𝒍𝒂𝒄𝒆𝒔🖼️

Read the full newsletter with source at
tokeninsight.com/en/research/da…

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