Layer-2 Blast will airdrop later than expected

Blast has finally closed the airdrop on June 26, 2024. Even later than expected, this is still good news for users of this ecosystem.

Layer-2 Blast will airdrop later than expected. Photo: Blast

Blast, the sister layer 2 blockchain to NFT marketplace Blur, officially announced the time of the BLAST token airdrop on June 26, later than previously scheduled on May 24.

In a statement on the morning of 16/05 (Vietnam time), Blast confirmed:

"Airdrop will take place on June 26. We apologize for the delay, originally scheduled for May 5. Therefore, the airdrop allocation will also be adjusted rise."

Accordingly, this layer-2 will hold two more Blast Gold point distributions before the token issuance. Blast Gold is an airdrop point for decentralized application (dApps) stationed on the network.

These dApps will then allocate points back to their users. This includes Fantasy Top, a card trading DEX that launched its mainnet earlier this month but has quickly entered the top 10 crypto protocol in terms of transaction fees and revenue generated.

Half of the airdrop was allocated through Blast Gold, while the other half was for early adopters, including wallets that deposit into Blast before the mainnet in late February.

Despite being criticized for being a ponzi scheme scam, especially because users are not allowed to withdraw money until the mainnet, TVL Blast has not stopped rise to the sky. As of now, there have been more than USD 2.3 billion "north of the bridge" assets on the network, with the hope of an upcoming airdrop.

In addition to bridge profits, users are also attracted by the incentives that Blast provides, similar to the win-win method that Blur used to do and has succeeded. Blur has usurped rivals thanks to two user rewards in 2023, becoming one of the most valuable airdrops of the year.

In addition, Blast has successfully raised more than USD 20 million from large investment funds such as Paradigm, Standard Crypto and eGirl Capital among many other well-known figures in the crypto world. The team behind Blast also includes NFT founder Blur Pacman

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