TL;DR
- Blast Network will airdrop BLAST tokens on June 26.
- Users must be logged into the dashboard with their account to be eligible.
- DApps must distribute all Gold and Points to users by June 25.
Blast Network is about to carry out its long-awaited BLAST token airdrop, scheduled for June 26.
This event, initially planned for May, has been postponed to this new date, but with a larger token allocation to compensate for the delay.
The Blast Airdrop is official 1 week away!
Dapps must distribute all Gold and Points to users by June 25, 8am ET in order for it to be counted.
If you are a User and your EOA has Points or Gold, you must have signed into your Blast dashboard with that EOA at least once (either… https://t.co/sXtXVwrUMt— Blast (@Blast_L2) June 19, 2024
The network, founded by NFT marketplace creator Blur, seeks to reward its early adopters , including both developers and users.
To participate in the airdrop, it is essential that users have logged in at least once to their dashboard using an eligible Externally Owned Account (EOA).
This can be achieved by receiving an invitation or by linking the account to an existing one.
Additionally, all Decentralized Applications (DApps) must ensure that they distribute all Gold and Points to users by June 25 at 8 am ET, for these to be considered in the airdrop calculations.
The airdrop will be split evenly: 50% of the tokens will be allocated to developers via Blast Gold, while the other 50% will go to early adopters via Blast Points, based on their wallet and DApp balances.
Beneficiaries will include those who transferred funds to the network before the project’s mainnet launch in February.
In May, when the postponement of the airdrop was announced, participants had already transferred more than $2.3 billion to the network to earn points, reflecting the great interest and enthusiasm around the token.
The protocol’s mainnet launched in March, unlocking around $2.3 billion in staked cryptocurrency, allowing early access users to freely transfer funds to the mainnet and use exclusive Blast DApps.
Expectations and Future of the Blast Airdrop
This airdrop not only seeks to reward its early users and developers, but also encourage growth and adoption of its platform.
Blast Gold, for example, will be used as an incentive for the development and expansion of DApps within the ecosystem.
DApps must distribute 100% of the Gold earned to their users, which will encourage more developers to create useful and attractive applications.
It is notable how the project’s strategy focuses on active participation and directly rewarding its most engaged users.
This approach not only ensures a fair and transparent distribution of tokens, but also strengthens the community by incentivizing continued participation on the platform.
Early adopters who have been loyal to the network since its inception will see their loyalty and support rewarded.
Furthermore, the economic impact of the airdrop is significant.
The ability to unlock and move large sums of cryptocurrency through the Blast network not only increases liquidity, but also demonstrates the platform’s ability to handle large transaction volumes.
This flexibility and technical robustness are essential to the scalability and long-term success of any blockchain network.
Finally, as Blast prepares for its airdrop, other major platforms such as Binance have also announced similar initiatives to reward their loyal users.
This underlines a growing trend in the world of cryptocurrencies, where platforms are looking to strengthen their communities and foster loyalty through direct rewards and strategic airdrops.
With June 26 quickly approaching, the Blast community is looking forward to this event which promises to be a major milestone in the evolution of the network.
