Blasting into the Future: Ethereum Layer-2 Network Launches Testnet and Airdrop Competition

Blast, the Ethereum layer-2 scaling network founded by the creator of the NFT marketplace Blur, has officially unveiled its testnet and initiated the ‘Blast BIG BANG’ airdrop competition to capture the attention of developers.

In an effort to involve developers in the growing Blast ecosystem, the Blast team has outlined that 50% of the airdrop will be specifically designated for developers, while the remaining 50% will be allocated to users engaged in Blast staking.

Developers participating in the “Blast BIG BANG” competition stand a chance to receive tokens through the airdrop mechanism.

Upon the completion of the airdrop competition, the winning developers will be publicly announced and introduced to the broader Blast user community when the mainnet is set to go live at the close of February.

It’s worth noting that the renowned NFT marketplace Blur made headlines in 2023 by distributing BLUR tokens worth a substantial $800 million to NFT investors.

Despite a nearly 10% increase in BLUR’s value yesterday, reaching $0.73, the token is currently trading at $0.67, relinquishing some of those gains at the time of this statement.


Disclaimer: Not Investment Advice

it’s crucial to understand that the information provided here is not to be construed as investment advice. The crypto market is dynamic and highly speculative, and decisions should be made based on thorough personal research and consideration of individual risk tolerance. Always consult with financial professionals and conduct your own due diligence before making any investment decisions. The intention of this exploration is to present insights and trends, not to provide specific investment recommendations.

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