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May 16, 2024

Blast Reveals Airdrop Details, Plans To Launch Airdrop On June 26th And Initiate Final Two Gold Distribution Activities

In Brief

Blast will conduct the airdrop on June 26th with increased distribution share due to a minor delay from the initially revealed date in May.

Blast Reveals Airdrop Details, Plans To Launch Airdrop On June 26th And Initiate Final Two Gold Distribution Activities

Ethereum Layer 2 network Blast announced its plans to conduct the airdrop on June 26th. According to the post on the project’s account on social media platform X, the airdrop distribution share has been increased due to a minor delay from the initially revealed date in May.

The project also revealed plans to initiate the final two Gold Distribution activities prior to the airdrop. These activities aim to allocate gold points to decentralized applications (dApps), ensuring broader participation and engagement within the network.

50% of the token airdrop will be allocated to builders via Blast Gold points. The remaining 50% will be distributed to early users and those who transferred their assets to the network prior its mainnet launch. These users had collectively transferred approximately $2.3 billion in cryptocurrency in anticipation of receiving points for the upcoming airdrop.

Additionally, the non-fungible token (NFT) marketplace Blur’s initiative Blur Season 3 will also conclude on June 26th. This season is part of its current airdrop farming campaign, where users are set to receive rewards. Traders believe that these rewards will be in the form of the upcoming token from Blast.

Keep track of cryptocurrency distributions in our Airdrops Calendar.

Blast Initiates Third Blast Gold Points Distribution Event, Allocates 15M Points To DApps For Platform Growth

Founded by Tieshun Roquerre, the creator of Blur, Blast began operations in November in early access mode. This launch followed a $20 million investment from Paradigm, Standard Crypto, and other backers. As per the platform’s website, the total value locked (TVL) now exceeds $2.3 billion. Blast introduced its mainnet at the end of February.

Recently, the project has initiated its third Blast Gold Points Distribution event, allocating 15 million points to various dApps. Blast Gold functions similarly to airdrop points but is specifically designed for developers of dApps on the network. The Blast Gold is distributed with the intention of promoting the continuous growth of platforms. This means that dApps are required to allocate all Blast Gold points they receive to their users.

Several dApps have already finalized allocations, encompassing Fantasy Top, a popular NFT game centered on cryptocurrency X influencers, as well as Thruster Finance, Blast’s native decentralized exchange.

Disclaimer

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About The Author

Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.

More articles
Alisa Davidson
Alisa Davidson

Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.

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