Non-fungible platform Blur is set to launch its native token BLUR along with a governance protocol.
Blur initially aimed to launch its native token in early January but pushed back the date to 14 February, Valentine’s Day, to prepare for the big reveal.
The NFT marketplace is set to release the new digital asset in a bid to keep community control over the platform. NFTs sold on Blur are based on the Ethereum blockchain.
A Blur spokesperson said in a tweet: “We know this is past our initial estimate of January and we’re sorry for the delay. We’re trying new things and the extra two weeks will allow us to deliver a launch that hasn’t been done before. Airdrop 3 will continue until then.”
The digital coin drop comes a month after Bitcoin (BTC) began to surge across cryptocurrency markets, surpassing $23,000 at its peak. To date, it has climbed to over $23,000 amid a strong rally.
Additional news surfaced that Twitter chief executive Elon Musk would launch payment systems for his social media platform, with future cryptocurrency integrations planned. This caused Dogecoin, his long-supported altcoin, to skyrocket to nearly $0.10 this week.
