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Cryptocurrency News Articles

Blast's second phase will continue the 50-50 airdrop distribution between Blast points and Blast gold but will introduce a new Golden Ticket system

Apr 06, 2025 at 04:01 pm

This system allows users to earn tickets based on their holdings of ETH, WETH, and USDB tokens. These tickets feature a scratch-off mechanism

Blast, the Layer 2 scaling solution aiming to reduce gas fees and throughput issues on Ethereum, has announced the second phase of its 50-50 airdrop program. The initiative will continue distributing Blast points and Blast gold tokens equally to new users. However, this phase will introduce a Golden Ticket system within its PWA.

This system allows users to earn tickets based on their holdings of ETH, WETH, and USDB tokens. These tickets feature a scratch-off mechanism, offering users the chance to win points, gold, Blast merchandise, and even Tesla Cybertrucks.

Following the recent token launch, Blast unveiled its long-term vision and PWA, positioning itself as a "full-stack chain." Users were required to download the app to claim their airdrops.

Blast's future plans include developing a complete ecosystem with a native desktop and mobile wallet designed to compete with Metamask, enabling easy interaction with Blast L2 and its native dApps.

However, despite these ongoing incentives, Blast's TVL has dropped 21% over the past week, and the native token's price has fallen 37% from its all-time high on its opening day.

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Other articles published on Apr 08, 2025