Can Blurt Become More Than a Utility Token? What Will It Take for Blurt to Evolve?

In my research on growth assets and currencies, I’ve observed key differences in how major cryptocurrencies are perceived by the public. For context, traditional commodities and metals—such as gold, silver, and copper—have long served as tangible stores of value, especially during periods of economic uncertainty or fiat currency instability. Cryptocurrencies, however, vary significantly. One project might function as a medium of exchange, while another may be positioned primarily as a growth asset.

Take Bitcoin (BTC), for instance. While it has increasingly been treated as a store of value or growth asset, there have been many attempts to push it toward being a true medium of exchange. Bitcoin Cash (BCH), on the other hand, also aims to function in that capacity, but it leans more toward being a hedge against fiat currency devaluation. Dogecoin fluctuates—it has acted as a medium of exchange during certain periods (at one point it was described as a "tipping currency"), and more recently, some see it as a hedge or store of value due to its resilience.

This brings us to Blurt. Where does Blurt fit within this framework? Is it a store of value? Many users and large holders (whales) may hope so, but it hasn’t achieved that status, particularly after its steep drop in value.

Is it a medium of exchange? Not quite. Blurt lacks the mass appeal and adoption required to reach that level. However, within its own ecosystem, it demonstrates characteristics of a unit of account or a medium of exchange, largely due to its relative stability and built-in utility.

Outside its native blockchain, however, Blurt is generally seen as a utility token—and that’s not inherently a bad thing. Utility tokens serve real purposes within their platforms. Yet, to elevate Blurt financially—whether as a store of value or a medium of exchange—significant steps must be taken.

For Blurt to become a store of value, it would require substantial investment and backing from major stakeholders. To function more like a medium of exchange, developers and community members would need to build real-world applications—such as integrating Blurt into online stores or services. Even small-scale adoption, like accepting Blurt for digital goods, services, or peer-to-peer transactions, can begin to push it in that direction.

Ultimately, culture plays a powerful role. If the Blurt community begins to think and value things in terms of Blurt, we can shift its perception. Instead of saying “Blurt is worth $0.00206 USD,” we might say “one U.S. dollar is worth 485.436 Blurt.” This shift in perspective—from measuring Blurt against fiat to valuing fiat in terms of Blurt—can redefine its identity as a financial asset.

To conclude, Blurt is neither a store of value nor a widely recognized medium of exchange in the public’s perception. Within its own community, it can function as a unit of account or a limited medium of exchange, but in broader financial terms, it is best described as a utility token—one that currently behaves more like a tipping currency than a mainstream asset.