Blur v2 slashes gas fees by 50%, adds trait bidding feature

a year ago

Blur, the non-fungible token (NFT) marketplace, has introduced the second iteration of its platform, tagging two notable improvements. The platform introduced enhancements by has slashed gas fees by 50%. At the same time, they have added trait bidding.

Following this update, individuals who had placed bids on Blur v1 must resubmit them on Blur v2.

Blur v2 release

According to Blur, the first update introduces trait bidding, allowing traders to earn additional points by placing bids on specific traits within selected collections.

This feature aims to enhance the trading experience on the platform.

Additionally, Blur has reduced gas fees by 50%, resulting in reduced NFT minting costs, estimated at approximately $16.

With the introduction of Blur v2, bids previously placed on the earlier version, Blur v1, are no longer valid.

As such, traders who had previously submitted bids on Blur v1 must resubmit them on the updated Blur v2 platform.

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