Original source: Olimpio X account

Author: Olimpio

Compiled by: 1912212.eth, Foresight News

 

The so-called token economics are outdated. With an estimated 1 billion gold points and 10 trillion regular points, how much are they worth?

What will be the BLAST FDV, gold points valuation, and airdrop estimates?

To recap: Blast announced a total token supply of 100 billion, with 17% going to S1 airdrops, 7% to Gold Points, 7% to Points, and 3% to Blur farmers.

Thus, Gold Points holders will receive 7 billion BLAST tokens, as will regular Points holders.

We don't know the official supply of regular and gold points yet, but some estimates put the supply at between 80 million and 100 million gold points. (Including recommendations)

In a pessimistic scenario, we assume that the supply of Gold Points is 100 million.

Then each gold point is equivalent to 70 BLASTs.

Blast officially showed the relationship between gold points and ordinary points. 20483 gold points are equivalent to 2224255462 ordinary points.

This means that 1 gold point is equivalent to 108,590 ordinary points.

If we set the total supply of gold points at 100 million, we can estimate the total supply of ordinary points to be 10.8 trillion.

7 billion tokens are available for regular points, so each regular point is approximately 0.00064463 BLAST, that is, 100,000 regular points = 64.46 BLAST.

Now we (pessimistically) estimate that 1 gold point = 70 BLASTs, and 100,000 ordinary points = 65 BLASTs, so how much is BLAST worth.

Comparing FDV to head L2, we can see that if BLAST outperforms its competitors at $10 billion in FDV, the price per token will be $0.1.

Arbitrum is the largest L2 with the highest TVL and FDV. If BLAST’s FDV is the same, the price per coin will be $0.083.

OP is right behind. We use a FDV of $7.6 billion instead of a TVL of $678 million. If BLAST’s FDV is the same, the price per coin is $0.076.

BLAST Gold Points Airdrop Price Estimation

Optimistic scenario, 100 gold points = $700

Medium, 100 Gold Points = $350

Pessimistic, 100 gold points = 140 USD

Optimistic, 10 million regular points = $650

Medium, 100 Gold Points = $325

Pessimistic, 100 gold points = 130 USD

Remember, this is just for fun and we are iterating through the scenarios by making guesses.

1. We are unsure of the total supply of gold

2. We don’t know how the market will price its competition

3. We don’t know if there is a relationship between the two

Here’s my take on airdrops.

Overall (excluding uncertain market conditions) I think it has been well executed. Not talking about witches. Smaller wallets and users are also getting gold points.