Exciting Listing of the BLAST Crypto and Airdrop for the Community
Today at 16:00 Italian time (UTC+1), the governance token BLAST of the homonymous layer-2 blockchain of Ethereum will be listed, with an accompanying crypto airdrop for the cryptographic community that has supported the growth of the cryptographic infrastructure from November 2023 to today.
Listing of the BLAST Cryptocurrency on Major Exchanges
After months of anticipation, the crypto BLAST will debut on centralized cryptographic markets today at 16:00 Italian time, accompanied by an airdrop of 17 billion tokens to the Ethereum layer-2 community.
- The Blast blockchain has seen significant growth since its first presentation in November 2023, becoming the 6th cryptographic network for TVL and volume on DEX.
- Q2 2024 saw impressive metrics for the optimistic rollup, exceeding 3 billion dollars in bridged TVL and attracting over 1.5 million users across more than 200 dapps.
- Various exchanges have confirmed the listing, including Bitget, Bybit, HTX, Kucoin, Mexc, Bitmart, and Bitrue.
Achievements of the Blast Blockchain
The Blast blockchain has achieved significant milestones, establishing itself as one of the top cryptographic networks in terms of TVL and volume on decentralized exchanges. It has also surpassed the milestone of 1 billion dollars in locked value within its dapps in a record time span.
- Blast has earned the title of the “fastest growing chain of all time” in just 8 months.
- The BLAST coin will serve as a governance token for the community’s decisions.
- The token is set to be listed on various DEX such as Thruster, Ambient, Bladeswap, and Blasterswap.
BLAST Token Distribution
The BLAST token has a total supply of 100 billion tokens, with 17 billion allocated for the airdrop to the community. The rest of the distribution breakdown is as follows:
- 50% of the total supply allocated to the community through initial distribution, incentives, and growth campaigns.
- 25.5% allocated to developers and main contributors.
- Venture Capital and Foundation will receive 16.5% and 8% of the total supply, respectively.
A Generous Airdrop for Ethereum’s Layer-2 Supporters
The BLAST crypto airdrop consists of 17 billion coins, accounting for 17% of the total token supply. This substantial airdrop share bodes well for a successful launch on crypto exchanges.
Details of the Airdrop
The BLAST token will be airdropped to holders of “Blast Points” and “Blast Gold”, as well as active users of the Blur Foundation, a key supporter of the project. Points and Gold could be accumulated by engaging in various on-chain activities on the Blast network.
- 14 billion BLAST coins will be unlocked at TGE, with the top 0.1% of users undergoing a linear vesting of funds over 6 months.
- Details of the relationship between scores and token share are yet to be fully disclosed.
Price Speculations and Market Sentiments
Speculations on the BLAST token’s initial price point to an opening price of 0.029 dollars, with some predicting a slight listing loss compared to previous expectations.
- Market uncertainty due to recent fluctuations in Bitcoin and Ethereum prices may impact the initial trading of the BLAST token.
- Forecasting the price of BLAST based on expected FDV for the project suggests different scenarios depending on the project’s valuation.
Hot Take: All Eyes on the BLAST Token Launch
The launch of the BLAST token and the accompanying airdrop have created a buzz in the cryptographic community. Stay tuned for the listing of one of the most awaited cryptocurrencies in the market. Good luck to all the participants!
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