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BLUR Announces Season 3 - CLAIM LIVE

New President Of Argentina Is Pro Bitcoin

Author

Gannon Breslin
November 21, 2023

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All the web3 and crypto news you need in one Drop!

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We hope everyone is having a great start to their week!

Here is the breakdown of today's newsletter:

💰 BLUR Sason 2 Claim Live + Season 3 Details
🇦🇷 New Pro Crypto President Of Argentina

Before we start we need a quick poll for today:

Have you ever traded on BLUR?

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💰 BLUR Finishes Season 2 - Claim LIVE

Yesterday, Season 2 of the BLUR marketplace concluded sending NFT buyers into a frenzy over rewards. By buying, selling, and trading on the BLUR marketplace (throughout season 2) you would have the option to claim free $BLUR tokens which are now currently live to claim for the next 45 days.

📈 Season 2 Stats:

  • Blur was the #1 ETH NFT marketplace

  • $6.1B treading volume, 206k+ unique users, 65% avg. market share

  • Blur was the #1 lending protocol with Blur Lending

💡 So What’s Season 3 About?

  • Season 3 has started and it’s powered by “Blast L2” a Layer 2 with native yield backed by Paradigm and Standard Crypto.

  • Season 3 will last 6 months and the airdrops are via Blast L2

  • The rewards will be evenly split between NFT traders and $BLUR holders

  • For the first time in over 3 years, Bitcoin’s daily fees have flipped Ethereum’s daily fees. An increase of 48.4% from $8.59 on Nov. 12 to $12.75 on Nov. 19. (TB).

  • It looks like the massive hype for FriendTech has run its course with less than 1,000 average daily users (although in the past 48 hours there was a spike). (D)

  • LooksRare Marketplace announces “Infiltration” where teams can compete for rewards that starts Nov 23rd. Check out the trailer here.

  • The Bitcoin NFT project 'Taproot Wizards' has raised $75 million in funding to enhance Bitcoin Ordinal functionalities. Standard Crypto led the funding round with Collider Ventures, UTXO Management, and StarkWare. (NP)

  • Digital game vendor G2A has recently launched a marketplace for NFTs linked to Web3 games. This expansion allows G2A to offer gaming NFTs alongside its existing collection of gaming software. (CT)

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🇦🇷 New President Of Argentina - Bitcoin Moves

The last thing we want to talk about is politics but it is worth announcing that Javier Milei (an outspoken supporter of crypto) has been elected the new president of Argentina.

Milei has described himself as an “anarcho-capitalist” who has been very outspoken in support of Bitcoin, calling it "the return of money to its original creator, the private sector.” Milei has also gone on to say that the central bank is “a scam”. Although he hasn’t gone too far as to declare Bitcoin as the legal tender of the country - it’s not out of the question considering the country faced 142% inflation in October.

Obviously, the biggest news of the week is in the AI space with the removal of Sam Altman from OpenAI. Although not strictly web3 related, artificial intelligence will greatly have a hand in web3 in the future so it’s definitely worth reporting on. MonringBrew founder Alex Lieberman does an excellent job explaining all the chaos in the past 72 hours and it’s definitely worth a watch.

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Sponsored Content: This newsletter was sponsored by RYZE. 

That's all for today's issue! Thanks for reading this far and also make sure to give our Twitter a follow daily for breaking web3 news! (@TheDropNFT)

Disclaimer: The Drop DOES NOT provide financial advice. All content is for informational purposes only. The Drop is not a registered investment, legal, or tax advisor or a broker/dealer. Trading any crypto-related asset is extremely risky and could result in significant capital losses.