Blast Announces Token Airdrop Launch Date in June, Boosts Allocation to Offset Delay

Ethereum's Blast network, founded by the creator of Blur, has set June 26 as the launch date for its BLAST token airdrop, delayed from its initial May estimate. The airdrop will be increased to compensate for the delay, with half allocated to developers via Blast Gold points and the remainder to early users who bridged funds before the mainnet launch in February.

Blast Announces Token Airdrop Launch Date, Increasing Allocation to Compensate for Delay

Blast, the burgeoning Ethereum Layer-2 scaling network founded by the mastermind behind NFT marketplace Blur, has unveiled the official launch date for its highly anticipated $BLST Token airdrop: June 26. While this falls later than the previously projected date of May, the network has expressed remorse for the delay, promising to augment the airdrop allocation to mitigate any inconvenience.

"We acknowledge that this extends beyond our initial estimation, and we extend our sincerest apologies for the postponement," declared the official Blast network account on Twitter. "To make amends, the airdrop allocation will be increased."

Prior to the token launch, Blast will conduct two additional distributions of Blast Gold points, a unique form of airdrop points specifically designed for decentralized application (dApp) creators building upon the Blast network. Numerous dApps have subsequently shared their allocated Gold points with their users, including Fantasy Top, the viral NFT game centered around Crypto Twitter luminaries.

The upcoming token airdrop will distribute half of the tokens to developers through Blast Gold. The remaining half will be disseminated among early adopters, encompassing those who initiated token transfers to the network ahead of the Blast mainnet launch in late February. The eagerness of these users to bridge over $2.3 billion in crypto assets stemmed from their anticipation of earning substantial airdrop rewards.

Beyond the allure of profit-oriented crypto traders seeking yield, there are compelling reasons for the burgeoning enthusiasm surrounding Blast. The network shares striking similarities with Blur in its unwavering focus on incentivizing users, an approach that has proven highly successful for both Blur and its community. In 2023, the NFT marketplace rewarded its traders with a staggering $818 million worth of tokens, propelling Blur to the forefront of its industry and establishing it as the second most lucrative airdrop of the previous year.

Blast has witnessed a surge in momentum surrounding its groundbreaking dApps, games, and tokens. Fantasy Top, the aforementioned NFT game, has captivated the Crypto Twitter discourse in recent weeks, fueling a significant uptick in NFT trading volume. Pacmoon, a meme coin bolstered by its viral content creation incentives, has also continued to gain traction, recently reaching an unprecedented all-time high price.

Edited by Ryan Ozawa