{"id":74096,"date":"2023-02-14T18:08:53","date_gmt":"2023-02-14T16:08:53","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=74096"},"modified":"2025-09-09T18:08:50","modified_gmt":"2025-09-09T15:08:50","slug":"media-blur-valuation-rises-to-1-billion-amid-airdrop-reports-say","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/media-blur-valuation-rises-to-1-billion-amid-airdrop-reports-say\/","title":{"rendered":"Media: Blur valuation rises to $1 billion amid airdrop, reports say"},"content":{"rendered":"<p>The NFT marketplace Blur plans to close its funding round, with the startup&#8217;s valuation reaching $1 billion. The Block reports, citing its own sources.<\/p>\n<p>Sources to the publication clarified that the company planned to raise $15-30 million, targeting a total valuation of around $700 million. However, the round was oversubscribed, with investors exceeding the stated cap.<\/p>\n<p>On February 14, the platform will conduct an airdrop of its native Blur token.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">IT\u2019S TIME FOR <a href=\"https:\/\/twitter.com\/search?q=%24BLUR&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BLUR<\/a> <\/p>\n<p>Care Packages can be opened on Feb 14 at 12PM EST, 1AM HKG, 6PM CET.<\/p>\n<p>Make sure the launch announcement comes from our official <a href=\"https:\/\/twitter.com\/blur_io?ref_src=twsrc%5Etfw\">@BLUR_io<\/a> account tomorrow and double check all URLs before claiming. <a href=\"https:\/\/t.co\/tSbOPLqYTW\">pic.twitter.com\/tSbOPLqYTW<\/a><\/p>\n<p>\u2014 Blur (@blur_io) <a href=\"https:\/\/twitter.com\/blur_io\/status\/1625204166682636288?ref_src=twsrc%5Etfw\">February 13, 2023<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The marketplace began operations in October 2022. According to <a href=\"https:\/\/dappradar.com\/nft\/marketplaces\">DappRadar<\/a>, the daily trading volume on the marketplace trails only the market leader \u2014 OpenSea.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh5.googleusercontent.com\/CHVyoZkKAQf6WVZP-UxyTYlwSqhfiZ_tqX1oeuO_aIpOx9GYkm5TmIXmu5RQDoCedkaO2h2MbejNx1NleuJF7o2fwmxwFtXjtYSZTfGA9lns_RdpIOvWFr8KyTf2CrKg_H2SvLcqL_lWZXGiVAmExfo\" alt=\"Media: Blur NFT project valuation rises to $1 billion amid airdrop\"\/><figcaption>Data: DappRadar.<\/figcaption><\/figure>\n<p>A number of major exchanges, including Coinbase, Huobi, Gate, KuCoin, Bybit and OKX, have confirmed listing of the platform&#8217;s token.<\/p>\n<p><script async=\"\" src=\"https:\/\/telegram.org\/js\/telegram-widget.js?21\" data-telegram-post=\"forklog\/29779\" data-width=\"100%\"><\/script><\/p>\n<p>The Solana-based NFT marketplace Magic Eden <a href=\"https:\/\/u1f987.com\/en\/news\/nft-marketplace-magic-eden-cuts-staff-by-15\">cut its staff by 15%<\/a>. In June 2022 the project <a href=\"https:\/\/u1f987.com\/en\/news\/solana-based-nft-marketplace-magic-eden-raises-130-million-at-a-1-6-billion-valuation\">raised $130 million<\/a> at a valuation of $1.6 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Blur NFT marketplace plans to close its funding round, with the startup&#8217;s valuation reaching $1 billion. The Block reports, citing its own sources.<\/p>\n","protected":false},"author":1,"featured_media":74097,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1158,1213],"class_list":["post-74096","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-airdrops","tag-nft"],"aioseo_notices":[],"amp_enabled":true,"views":"24","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/74096","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=74096"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/74096\/revisions"}],"predecessor-version":[{"id":74098,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/74096\/revisions\/74098"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/74097"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=74096"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=74096"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=74096"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}