In a recent development, the attention of crypto Twitter has been captured by a string of transactions that occurred on the Blur NFT marketplace. The transactions have raised questions of legality after a creative trader with the name, Hanwe Chang, deceived a competitor into purchasing specific Azuki NFTs at an inflated price.
A Highly Controversial Transaction
Despite being a newcomer in comparison to other popular NFT marketplaces such as SuperRare and OpenSea, Blur has grown ahead of others in terms of trading volumes earlier this year, partly due to the gamified incentives that reward participants with tokens according to trade-based activity.
This includes rewards in the form of an airdrop offered to users that bid on Non-Fungible Tokens (NFTs) by trait, a practice which, according to Blur’s leaderboards, has been mastered by Hanwe Chang.
As a result, bidding on Blur has become a popular way to rack up points, increasing the possibility of getting a high airdrop payout. Some traders have gone as far as developing bots to help them place automatic bids by copying other traders’ bids, something that Chang noticed and took advantage of.
While reporting the transactions on Twitter, Chang stated that he “noticed that someone’s bot…
