⚡️Blur Takes a Leap…
The NFT marketplace Blur successfully launched its Layer 2, attracting over 200 DApps and $3 billion TVL into its ecosystem in just 100 days.
This growth is faster than many well-known L1 networks like Solana😀 and Ethereum😀
How did they achieve this and why is exponential growth expected?
*️⃣Testnet and Its Features
Last November, the Blast team introduced their Ethereum Layer 2 with innovative features such as "balanced automatic native yield," which is especially beneficial for the DeFi ecosystem 🔥
*️⃣Transparent Airdrop
Following the announcement of the future airdrop, the team immediately presented a clear plan focused on developers and the community:
50% of $BLAST tokens were allocated to DApp developers, and the remaining tokens to users.
This quickly attracted a large number of new projects ❤️
*️⃣Fairness Compared to LayerZero and ZkSync
Blast conducted a fair and transparent airdrop without changing the distribution rules or engaging in sybil-hunting. Tokens were distributed based on user activity 🔎
Why did TVL drop and what’s next?
After the airdrop, TVL fell, "paper hands" appeared, and panic sales ensued. But $BLAST is now one of the most promising assets! Why? 👀
1️⃣ Rapid Network Growth
In the first 100 days after launch, Blast reached $2.3 billion TVL. This was largely due to the announcement of future airdrops and the Big Bang competitive event.
More than 3000 teams participated, but only 47 emerged as winners 🏆
2️⃣ Unique GOLD Mechanic
Bonus rewards and points in the upcoming airdrop incentivize staking or holding tokens. The ability to spend GOLD on various activities in any DApp in the ecosystem is simply fire.
💸 Blast distributed 10 million GOLD to Big Bang winners and active users, which is about $25 million after the token listing 💸
3️⃣ Success in GambleFi
Calculations show that around 10-15% of assets are concentrated around gambling with seven-figure volumes. Blast has convenient APIs and all necessary tools for further development in this direction.
So...
All these factors have led to high expectations for a breakthrough in the future, despite past undervaluation. The current growth can also be seen as a signal of success 🔔😎
@zcryptox TG
