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REGULATION
by
11 months ago

Blast Network announces the upcoming airdrop on June 26

2024-05-17

REGULATION
by
11 months ago


On May 16, 2024, Blast Network announced the upcoming airdrop event, scheduled for June 26.

 

Blast is an Ethereum layer-2 solution designed to scale the main Ethereum blockchain and reduce transaction fees while maintaining security. As of May 17, 2024, Blast has $1.504 billion TVL.

 

The airdrop will distribute BLAST tokens to both developers and early users, a strategy that aims to reward those who have contributed to the network's growth and success.

 

https://twitter.com/Loopifyyy


Half of the tokens are allocated to developers through Blast Gold points, incentivizing the creation and development of decentralized apps (dApps) on the platform.

 

The remaining tokens are reserved for early adopters, including those who bridged funds to the network prior to its mainnet launch in February.

 

This dual-faceted distribution approach reflects Blast's commitment to fostering a robust and active ecosystem.

 

Blast was built by Tieshun Roquerre also known as Pacman, the founder of the NFT marketplace Blur BLUR.

 

The airdrop's design mirrors the successful strategy employed by Blur, the NFT marketplace, which resulted in significant token distribution to early participants.

 

Blast decided to increase the airdrop allocation as compensation for the delay from the initially planned date in May further exemplifies their dedication to maintaining a positive relationship with their community.

 

User can check airdrop distribution using this link

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