According to Foresight News, the token distribution protocol Zap, based on Blast, has successfully raised $15.1 million in funding, achieving a valuation of $100 million. This capital was accumulated over three recent funding rounds: a $900,000 seed round in December last year, a $2.1 million private sale last month, and an ongoing 'vault sale' that has so far raised $12.1 million.

The 'vault sale' is similar to node sales, offering buyers pre-launch ZAP tokens daily. It is expected to raise a total of $50 million once fully sold out.