Ethereum Layer-2 Network, Blast, to Conduct Airdrop Soon
Get ready, crypto enthusiasts! Blast, the Ethereum Layer-2 network, has announced the upcoming airdrop scheduled for June 26th. The news was shared on Blast’s social media account, where the team also mentioned an increase in the airdrop distribution share due to a slight delay from the initially planned date in May.
Background and Delayed Launch of Blast
Founded by Tieshun Roquerre, the creator of the NFT marketplace Blur, Blast has been gaining attention in the crypto community. Initially set for May, the airdrop has been pushed back to June 26. The Blast team acknowledged the delay and reassured participants:
“We know this is past our initial estimate of May and we’re sorry for the delay. The airdrop allocation will be increased to account for this.”
The announcement has been positively received as it compensates for the delay by boosting the airdrop allocation.
Airdrop Details and Token Allocation
The upcoming airdrop will distribute BLAST tokens, with a strategic allocation plan to reward developers and early users:
- Developers’ Share: Half of the total token allocation will be given to developers in the form of Blast Gold points. These points aim to incentivize dApp creators on the Blast network, promoting ecosystem growth.
- Early Users’ Share: The remaining half of the tokens will be allocated to early adopters, including those who provided liquidity to the network before the mainnet launch in February. Over $2.3 billion in cryptocurrency was collectively bridged for a chance to earn points for the airdrop.
15 Million Blast Gold Points Distribution
Alongside the airdrop, Blast has launched its third Blast Gold Points distribution event, allocating 15 million points to various dApps on the platform. These points are similar to airdrop points but aimed at incentivizing dApp developers to enhance growth and user engagement. Notable recipients include Fantasy Top, an NFT game, and Blast’s native decentralized exchange, Thruster Finance.
Funding and Growth for Blast
Blast commenced its operations in November under early access, backed by a significant $20 million investment from Paradigm, Standard Crypto, and other supporters. With a total value locked (TVL) exceeding $2.3 billion, Blast has experienced rapid growth and solid community and investor backing.
Hot Take: Blast’s Promising Future
Ethereum’s Layer-2 network, Blast, is gearing up for an exciting airdrop that will reward developers and early adopters. Despite a slight delay, this move showcases Blast’s commitment to user engagement and ecosystem growth, setting the stage for future incentive-based initiatives in the crypto space. Stay tuned for more updates from Blast and get ready to participate in the airdrop on June 26th!
By
By
By