- Blast, a new Ethereum Layer-2 network, has been introduced by the founder of NFT marketplace Blur alongside an airdrop event.
- To qualify for the airdrop, users must complete specific actions as outlined in the project’s recent announcement.
- This event is noteworthy, as it offers both developers and users distinct rewards in the form of Blast Gold and Blast Points.
Discover the launch of Blast, the newest Ethereum Layer-2 network, and learn how you can qualify for its airdrop event; complete specific actions and earn valuable rewards.
The Distribution of Blast Airdrop
The recently announced Blast airdrop will be divided into two major parts to incentivize various participants on the platform. Half of the tokens will be awarded to developers through Blast Gold, fostering the growth and development of decentralized applications (dapps) on the network. Concurrently, the other half will be distributed to early users in the form of Blast Points. These points will be calculated based on wallet and dapp balances, and users can earn points for each block according to their wallet holdings. This dual reward system aims to encourage both user engagement and developer innovation on the Blast network.
User Participation Requirements
To become eligible for the airdrop, users are required to log in to the Blast dashboard at least once with an eligible Ethereum-oriented account (EOA). This step is crucial as both Blast Points and Blast Gold are tied to the user’s EOA, necessitating this login for inclusion in the airdrop. The Blast team has emphasized that failure to complete this action could result in exclusion from the reward distribution, making it an essential task for potential recipients.
Essential Insights for Blast Airdrop Participants
The Blast airdrop event comes with several key points that users need to be aware of:
- Participants must perform specific actions to qualify for the airdrop.
- Blast Points will be awarded based on wallet and dapp balances, highlighting the importance of these metrics.
- Developers are incentivized through Blast Gold to promote the proliferation of dapps on the network.
- Logging in with an eligible EOA on the Blast dashboard is mandatory for participation.
- The total airdrop allocation has seen an increase due to a delay in the event schedule.
Conclusion
While initially scheduled for May, the airdrop faced a delay, which ultimately led to an increase in the total allocation. Blast, developed by Blur’s founder Tieshun Roquerre, has already gained significant traction since its early access phase began in November 2023. As of June 6th, the network boasts a total value locked (TVL) of $2.3 billion, reflecting substantial investor interest. Additionally, dapps on the Blast network, such as the popular game Fantasy, have contributed to its rising popularity, driving it to achieve a leading position in terms of daily fees generated. This combination of user and developer incentives positions Blast as a promising player in the Ethereum Layer-2 ecosystem.
