Why is fantasy moving to base?
With the Base migration complete, I wanted to take a moment to reflect on why we made this move.
A year and a half ago, we made a bet: launch Fantasy on a brand-new, hyped L2 called Blast.
At the time, it made sense. Pacman had a killer track record. Blur had successfully overtaken OpenSea, and the token was performing well.
Blast didn’t invent anything on the infra side, but they made two genius moves:
🔹Native yield on ETH and stablecoins (3% on ETH, 8% on USDB). That alone returned millions to dApps and users.
🔹The best incentive program crypto had seen: transparent and efficient, with distribution power delegated to dApp builders.
They also saw early that crypto was going mobile, and began working on a crypto App Store concept, the Blast mobile app.
At launch, it worked.
Blast gave Fantasy a real boost. We might have grown without them, but there’s no denying that launching there supercharged our momentum. I’ll be forever grateful to Pacman and the Blast team for that.
But good ideas aren’t enough. Execution is everything. And that’s where Blast fell short. The first six months of the live network went pretty well. But then, things got weird. Communication broke down, slow shipping, and core issues raised by the community were ignored. Some call it a slow rug. I don’t know. But the energy that drove early Blast in 2024 is gone.
At first, it didn’t bother us much. At Fantasy, we stay focused on our own goals and take full responsibility for our growth. Blaming the chain was never part of the plan. We've always worked to abstract the chain layer as much as possible so as long as things were stable, there was no urgency to migrate. So we stayed and focused our energy on things that had higher impact for the game, and for Fantasy as a company. (Monad launch, Clout, our B2B offering, etc.)
But now, staying on Blast is a liability.
Users are increasingly worried about keeping funds there. Growth has stalled. And it’s become clear Blast can’t support us in the next phase.
It was time to move on, but where?
We didn’t seriously consider newly launched L1/L2s. There are strong options out there there, but it was too risky to bet on another new chain. Blast is dead now, but anyone around in 2024 knows they had a legit shot at building something great. (They even had Pump fun deployed there. Imagine how different history could’ve been…)
As a builder, the only thing that really matters in a chain partner is distribution. Incentive is a good reason too but without real user reach, they don’t mean much. Even if Berachain offered us $5M today to bridge, we wouldn’t take it.
The only real option for us was solana or base. Both are mature ecosystem, with a lot of users and a great BD team. Three things weighed into our decision:
🔹Distribution
We’re perfectly in sync with the upcoming Coinbase Wallet rollout. It’s the same vision Blast had, but this time, it’s actually shipping. Millions of users have this wallet, and they’ll be able to play Fantasy natively.
🔹Community
While @0xMikado , @travisbickle0x and I love the Solana trenches, most Fantardios are EVM-native. Overall, Fantasy just fits better culturally with the Base community than with the Solana trenchers.
🔹Tech
Migrating to Base took a week. Solana would’ve meant rewriting everything, 2-3 months of work.
@fantasy_top_ is here to play the long game.
And @base is where that game continues.
2.06K
79
konradkopp.eth
fiat to crypto just got easier and faster. I'm excited to see the boundaries between offchain and onchain blur even further
5926D1
💸OVERDRAFT - the first fiat DEX.
Swap fiat <> crypto in seconds. No custody, no fees, no fund freeze.
Beta now live @HyperLiquidX
217
3
Monstero
Every @Azuki is bought with underpriced $eth
⌜ SEKIGAHARA ⌟
You scream IKUZO
You post the Garden.
You wear your Azuki like it’s your identity…
But your Azuki is fully loaned out on Blur.
You’re not a holder.
You’re part of the problem.
Azuki and Elementals are the most loaned-out NFTs in the entire space.
That’s not conviction.
That’s farming.
If you really believe in the brand, the art, the anime, the chain —
take your IP out of the pawn shop.
Time to hold like you mean it.
706
1
NFTevening ɢᴍ
🚀 Top NFT tokens with the biggest gains in the past 30 days!
👑 $PENGU | @pudgypenguins +199.4%
🔥 $TNSR | @tensor_hq +25.2%
💬 $NFP | @nfprompt +16.3%
👁️ $BLUR | @blur_io +10.5%
🎨 $RARE | @SuperRare +7.17%
🌉 $ME | @MagicEden +6.78%
Meanwhile, $APE | @apecoin down -1.07% and $ANIME | @animecoin -29%.
7.17K
3
Eugene Bulltime
Quick view about 3 CoL networks:
- @blast 's main dApp, FantasyTop, migrated to Base.
- $2B (80% of TVL) left @berachain for last 2 months.
- @katana 's TVL surpassed $375M, handling 130k daily transactions.
The current price of Blur is $0.087380. Over the last 24 hours, Blur has increased by +1.59%. It currently has a circulating supply of 2,424,031,058 BLUR and a maximum supply of 3,000,000,000 BLUR, giving it a fully diluted market cap of $212.61M. At present, Blur holds the 125 position in market cap rankings. The Blur/USD price is updated in real-time.
Blur’s biggest 24-hour price drop was on Feb 15, 2023, (UTC+8), when it fell by $1.9000 (-95.00%). In Feb 2023, Blur experienced its biggest drop over a month, falling by $1.9000 (-95.00%). Blur’s biggest drop over a year was by $1.9000 (-95.00%) in 2023.
The rating provided is an aggregated rating collected by OKX from the sources provided and is for informational purpose only. OKX does not guarantee the quality or accuracy of the ratings. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly, and can even become worthless. The price and performance of the digital assets are not guaranteed and may change without notice. Your digital assets are not covered by insurance against potential losses. Historical returns are not indicative of future returns. OKX does not guarantee any return, repayment of principal or interest. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances.
By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates ("OKX") are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets.
Non-fungible tokens (NFT) have become increasingly popular as their list of use cases continues to expand. However, NFT creators and collectors encounter issues such as high marketplace fees, uneven royalties, slow sweeping, and low trading volume.
To help solve these issues, platforms such as Blur (BLUR) have emerged to revolutionize the NFT space. Within a few months of launching, it became a leading NFT marketplace loved by collectors and creators.
What is Blur
Blur is an NFT marketplace and data aggregator built on the Ethereum blockchain. It has several features that make it a more attractive NFT marketplace for creators and collectors, including a faster sweeping rate, zero market fees, and incentives for trading activities. Creators also get a better royalty fee structure, high trading volume, and support for smaller NFT projects.
Although Blur is a relatively new NFT marketplace, it gained much traction in very little time, competing with the likes of OpenSea, the largest NFT marketplace by volume. Some of this success can be attributed to Blur fundraising $14 million from world-class investors and NFT traders.
The Blur team
The exact names of the founding team members are not known. However, their pseudonyms and history in the crypto and blockchain space are known.
Pacman, a skilled Web3 developer, is not only the founder of Blur but also plays a significant role in its development. Heading the Blur Foundation is Zeneca, who holds the position of Director.
Together, Pacman, Zeneca, and the rest of the Blur team have collaborated with prestigious entities such as MIT, Five Rings Capital, Twitch, Square, and Y Combinator, showcasing their expertise and experience in the field.
How does Blur work
Built on the Ethereum blockchain, the trading platform collects NFT data from multiple sources and displays real-time information to users. On the Blur platform, NFT collectors can identify trending NFTs, the latest floor prices, trading volumes for different projects, and other relevant data.
Blur offers a zero trading fee service, meaning both buyers and sellers are not charged trading fees. When Blur first emerged, this was their biggest selling point. OpenSea, Blur’s biggest competitor, was forced to scrap their fees in response. Blur also offers customizable royalty packages, allowing creators to choose their own compensation percentage.
Blur’s lending platform
Taking their efforts a step further, Blur expanded its offerings by developing a lending platform specifically tailored for NFTs. This innovative feature provided NFT holders with increased opportunities to leverage the value of their assets.
By collateralizing their NFTs, users gained the ability to obtain loans in cryptocurrency directly on the platform. This novel approach created new avenues for NFT holders to access liquidity and unlock the potential value of their digital assets..
BLUR tokenomics
BLUR is an ERC-20 token. There are over 464 million BLUR tokens currently in circulation, and the remainder of its total supply of 3 billion will be scheduled for emission. The protocol uses the Proof of Stake (PoS) consensus mechanism for block validation.
BLUR use cases
The BLUR token serves various purposes within its ecosystem. For instance, it operates as a governance token, enabling users to participate in decision-making processes and shape the direction of the Blur ecosystem.
BLUR is also used to reward its users through token airdrops, providing users with incentives and benefits for their engagement and participation in the ecosystem. Finally, BLUR acts as a currency within its NFT marketplace, facilitating transactions and serving as a medium of exchange for buying, selling, and trading digital assets.
BLUR distribution
Blur token is distributed as follows.
40 percent allocated towards early users and creators through airdrops
20 percent was given to the team and advisors
20 percent reserved for future development
10 percent for liquidy purposes
10 percent for marketing and partnerships
The future expansion plan of Blur
With its impressive trading volume, Blur has emerged as the top NFT marketplace in the industry. It achieved a significant milestone in February by surpassing OpenSea in NFT trading volume, and has since maintained its leading position. The Blur team is determined to sustain this position for an extended duration.
While Blur reigns supreme in trading volume, it is worth noting that OpenSea still boasts a larger number of individual traders. In light of this, Blur has set its sights on expanding its user base in the upcoming months, with the goal of attracting a greater number of users to its platform.
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Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 860 new posts about Blur, driven by 307 contributors, and total online engagement reached 112K social interactions. The sentiment score for Blur currently stands at 87%. Compared to all cryptocurrencies, post volume for Blur currently ranks at 4056. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of Blur.
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Posts
860
Contributors
307
Interactions
112,472
Sentiment
87%
Volume rank
#4056
X
Posts
860
Interactions
112,472
Sentiment
87%
Blur FAQ
What is Blur?
Blur, introduced in October 2022, is a zero-fee NFT marketplace that addresses key challenges like high fees and inadequate royalty structures. With its intuitive user interface, Blur facilitates fast NFT sweeps and employs an innovative sorting system for enhanced user experience.
What is Blur’s royalty fee structure?
Blur's incentive model has successfully enticed numerous NFT traders to engage with its ecosystem. The platform provides a compelling incentive for buyers: the more they increase the royalty fee, the higher their chances of receiving future airdrops.
Consequently, buyers are motivated to raise their royalty fees, resulting in mutual benefits for both buyers and creators. This innovative approach creates a positive feedback loop, driving increased participation and fostering a thriving ecosystem within Blur.
Where can I buy Blur?
Easily buy BLUR tokens on the OKX cryptocurrency platform. OKX’s spot trading terminal includes the BLUR/USDT trading pair.
Currently, one Blur is worth $0.087380. For answers and insight into Blur's price action, you're in the right place. Explore the latest Blur charts and trade responsibly with OKX.
What is cryptocurrency?
Cryptocurrencies, such as Blur, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Blur have been created as well.
Watch this video to learn about what happens when you move your money to a crypto exchange.
Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
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