NiftyNoon: The Blur (Mini) Bull Market!

The $BLUR token drop has reignited volume and activity into the NFT market (February 15, 2023)

Nifty Thought

• As predicted in the NiftyThought yesterday, the $BLUR airdrop has injected new liquidity into the NFT market. People are quickly spending their new ETH on popular projects such as Azuki and Pudgy Penguins. Furthermore, the continuation of Blur incentives for bidding will likely keep the bidding pools strong for the foreseeable future. While things may seem up only from here, a healthy pullback may be necessary relatively soon. Nonetheless, it is undeniable that the NFT market is looking extremely strong right now.

Project News

• Blur anticipated airdrop goes live, with users having 60 days to claim:

  Blur @blur_io

  $BLUR is now LIVE All traders across all marketplaces in the last 3 months, Care Package holders, and Creators are eligible for the airdrop. You have 60 days to claim your BLUR ⏰

  

• Blur marketplace set to raise at billion dollar valuation:

  The Block @TheBlock__

  EXCLUSIVE: NFT marketplace @blur_io set to raise at billion dollar valuation By @LHM1 and @RyanJamesWeeks theblock.co/post/210668/nf…

• Coinbase remains firm on its stance defending USDC:

  Coinbase @coinbase

  This week the NYDFS ordered US-based Paxos to stop issuing US dollar-denominated stablecoin BUSD and the SEC issued a Wells notice to Paxos. We don’t know what aspects of BUSD might be of interest to the SEC. What we do know: stablecoins are not securities 🧵

• Overlord announces they have been signed by WME:

  Overlord @Overlord_xyz

  We’ve been signed by @WME 😈 Supercharging our mission to become a leading gaming and entertainment brand. 🎥 Earth's biggest & greatest Talent Agency 📓 Represent AAA media, ent. & gaming talent 🎞️ Opening doors across the entertainment industry 🧵⤵️ hollywoodreporter.com/business/digit…

  

  hollywoodreporter.comWeb3 Gaming Company Overlord Inks Animation Deal With Seth Green’s Label, Signs With WMEOverlord will work with the production company to create a show based on characters from the Creepz NFT collection.

• Killabears postpones Killa Chronicles Vol. 2 for 24 hours due to high gas:

  KILLABEARS 🐻 @killabearsnft

  🚨 Killas - PLEASE NOTE: Due to high gas, we are postponing Killa Chronicles Vol. 2 for 24 hours. Tomorrow @ 4:20p EST, the Sacrifice will begin The only link is: memo.killabears.com Please do not trust any other links, and stay safe.

  

  memo.killabears.comMemo Angeles Presents: The Killa ChroniclesVolume 2: The Sacrifice

Community News

• NFT floor prices push up as people spend their $BLUR airdrop on various blue chip NFTs such as Pudgy Penguins and Azuki:

  Morgan @Helloimmorgan

  Blur bringing back NFT bull, people putting blur stimmy into NFTs 🙏

• Community discuss Blur airdrop, with (retail) allocation currently at 12% while 78% of the supply has been delegated to two lockup contracts and 9% owned by a multisig controlled by Blur:

  cygaar @0xCygaar

  Just confirming what @dingalingts posted, the allocation for the Blur airdrop (retail) is currently 12%. 78% of the supply has been delegated to two lockup contracts, and another 9% is owned by a multisig controlled by Blur. I posted the contract links below.

  

Quick Stats:

• OpenSea ETH Daily Volume: 6,081 ETH (▼ 21.29%)

• Blur ETH Daily Volume: 7,859 ETH (▼ 12.97%)

• BTC: $22,754.74 (▲ 4.44%)

• ETH: $1,582.53 (▲ 4.40%)

• Solana: $22.51 (▲ 4.94%)

• Polygon: $1.27 (▲ 7.53%)

NFT Daily Winners:

• 🦉 Moonbirds: 8.00 ETH (▲ 25.2%)

• 🌈 Doodles: 5.86 ETH (▲ 22.28%)

• 🧬 Clone X: 5.32 ETH (▲ 21.81%)

• 🐈‍⬛ VeeFriends: 4.35 ETH (▲ 20.83%)

• ⛩️ Azuki: 14.44 ETH (▲ 11.5%)

• 🐧 Pudgy Penguins: 5.75 ETH (▲ 7.92%)

• 🦧 Bored Ape Yacht Club: 70.97 ETH (▲ 5.93%)

• 🧟 Mutant Ape Yacht Club: 14.75 ETH (▲ 3.95%)

• 🚬 CryptoPunks: 63.68 ETH (▲ 2.91%)

• 🏳️‍🌈 Chromie Squiggles: 13.30 ETH (▲ 0.76%)

• 🧝🏼‍♀️ DigiDaigaku: 7.90 ETH (▲ 0.22%)

• 🥃 Proof Collective: 17.20 ETH (► 0.00%)

NFT Daily Losers:

• NA

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