Let’s talk about the core first: it is very worthwhile to interact with it, and there is no difficulty in getting started

Let’s talk about the key points of this L2 that have attracted much attention: [Founder of Blur] [Open airdrop] [Institutional financing of 20 million] [Holding coins to earn interest]

Blur’s previous experience made early users exclaim: “The pattern”, so the newly launched Blast also adopted the airdrop method.

1. Token Economy

The airdrop attracted the market’s attention in a more obvious way: those who participated in the interaction early will receive 50% of the airdrop, and the remaining 50% will belong to the developers.

However, its complete token economy has not yet been announced, and it is uncertain how much of the total share belongs to the airdrop. But now the primary market inscription track is flourishing, and this kind of deterministic airdrop opportunity is worth taking advantage of.

2. Project Model

The model of this project is very easy to understand and can be directly applied to banks. It is a [Bank-type L2]

It does not generate income itself, but helps you generate income elsewhere, that's all

Therefore, I see many people in the market putting words like "disruptive" and "L2 endgame" on Blast, which I think is a bit too much.

This model itself has no competitiveness and moat, and from the demand side it even feels a bit like taking off pants to fart.

But it is undeniable that this L2 can provide better infrastructure for the NFT trading market, but that is a story for another time.

3. Future expectations

Because we are not sure what proportion of the total airdrop will account for, we dare not make premature predictions about the future secondary market. However, Blur's previous experience has made many secondary market buyers suffer.

We still need to make it clear that whether a token is worth buying has little to do with whether the project has been successful in the past.

Will Blast repeat the same mistake as #Blur ? We can only make further judgment after the complete token economy is announced.

Finally, the L2 shell war has gradually shifted to the application layer. The encryption industry may not need so many L2s in the end, but this vertical L2 is still more likely to occupy a place in the market for a long time.

#Blast #BLAST