As a routine step to attract users to its newly launched blockchain network, Blast, an Ethereum-layer 2 scaling solution, has finally unveiled the launch date for its Airdrop distribution. Blast recently shared a post on X about its upcoming Airdrop. Posted today, June 20, the announcement grabbed much attention in the crypto industry, as the event is just one week away.
The project, originally set for May, has been rescheduled for June 26 for the upcoming Airdrop. As an effort to compensate for the delay, the team has apologized and decided to increase the allocation of the Blast tokens.
Requirements For Blast Token Airdrop
In a post on X, Blast outlined the requirement for participating in the Airdrop. According to the post, the Airdrop is set to happen one week after the announcement. All decentralized applications (Dapps) must distribute Gold & Points to users before June 25 ET which ensures participants are included in the Airdrop.
To be eligible for the Airdrop, Points and Gold must be in users’ EOAs (Externally Owned Accounts). Any points remaining in smart contracts on the Airdrop date will not be counted.
In addition to holding Points or Gold in their EOAs, users must have signed in to the Blast dashboard at least once with that account to be eligible for the airdrop. Additionally, embedded wallets like Privy must complete the linking process to qualify.
To ensure a safe and secure ecosystem user experience, any suspicious or insider distributions by Dapps will be reviewed while offenders are to be blacklisted from future endeavors. These factors, collectively, have made the Airdrop a hot topic in the crypto town.
The blast also warned that any suspicious or insider Dapp distributions will be reviewed and may result in being blacklisted from future collaborations.
Blast Unlocks $2.3B in Locked Funds
In May, when the airdrop was postponed, participants had already bridged over $2.3 billion to earn points in advance, showing strong interest in the token.
Blast launched its mainnet in March and unlocked about $2.3 billion in staked crypto that was previously locked on the network. This allowed Early Access users to bridge to the mainnet and use DApps exclusive to this network. The official website highlights features like auto-rebasing and staking.
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