Blast Launches Second Phase of Gold Distribution, There's Millions of Gold!
2024-07-09
Bittime – Blast Foundation announces the launch of Phase 2 Gold Distribution 1, marking the start of the second phase of Gold distribution in the Blast ecosystem.
This stage focuses on the allocation of Gold to Dapps (Decentralized Applications) which contribute to the growth and development of the Blast platform.
Gold Allocation
Following are the details about Gold allocation by Blast:
- Total: 10 million Gold
- Existing Dapps: 9.5 million Gold
- New Dapp: 500.000 Gold
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Gold Blast Allocation Categories and Weights
The categories and weights in this Gold allocation are;
- DeFi: Weight 4
- GameFi: Weight 3
- NFT: Weight 2
- Prediction Market: Weight 4 (New Category)
Newly Launched Dapp
New dapps launched on Blast Mainnet after July 1, 2024 are eligible for a 500,000 Gold allocation distributed on a pro-rata basis based on their performance and potential.
Big Bang Competition
In August, Blast will launch a new Big Bang Competition, offering Gold prizes, cash funding, and co-marketing opportunities to promising Dapps. This competition aims to encourage innovation and adoption of Dapps on the Blast platform.
Gold Distribution Stage 2 Blast Details
Gold distribution will begin on July 8, 2024. Eligible Dapps will receive Gold directly to their Blast wallets.
For more details about Gold and Big Bang Competition allocations, please visit the Blast blog: https://blog.blast.io/
Big Bang Competition and Gold for New Dapps
Blast continues its momentum with exciting initiatives for decentralized application (DApp) developers and users.
After the successful launch of Phase 2 Gold Distribution 1 which allocated 10 million Gold to the DApp, Blast is now shifting focus to the future with the Big Bang Competition and new DApp support.
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Big Bang Competition: An Arena for DApp Innovation
Taking place next August, the Big Bang Competition will be a battleground for innovative DApp developers. The prizes offered are no joke:
1. Gold
This competition will award substantial Gold prizes to winners, which can be used for the development of their DApp or distributed to users.
2. Cash Funding
Winners will also have the opportunity to receive direct cash funding to support the development and marketing of their DApp.
3. Co-Marketing Opportunities
Blast will work with the winner to host a joint marketing campaign, helping them reach a wider audience.
With this attractive combination of prizes, the Big Bang Competition is expected to trigger a surge of creativity and innovation in the Blast ecosystem. This competition encourages developers to create DApps that are not only interesting, but also beneficial for users and the entire Blast ecosystem.
Support New DApps: Blast Ecosystem Growth
Phase 2 Gold Distribution 1 allocates a special portion of Gold for new DApps launched on Blast Mainnet after July 1, 2024. This is a form of Blast support for young and promising developers.
The 500,000 Gold allocation will be distributed proportionally based on the performance and potential of the new DApp.
With financial backing and wider exposure through the Big Bang Competition, Blast seeks to attract more talented developers to build their DApps on its platform.
This will enrich the Blast ecosystem, offering more choices and engaging experiences for users.
Future Blast
Blast initiatives such as Phase 2 Gold Distribution 1, Big Bang Competition, and support for new DApps demonstrate their strong commitment to building a dynamic and sustainable ecosystem.
With recognition given to contributing DApps and support for innovation, Blast has the potential to become a leading platform in the DApp world.
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Conclusion
The launch of Phase 2 Gold Distribution 1 is an important step in supporting the growth and development of the Blast ecosystem.
Allocation of Gold to contributing Dapps will drive innovation, attract new users, and increase the overall value of the platform.
The upcoming Big Bang Competition further strengthens Blast's commitment to empowering Dapps and driving the advancement of blockchain technology.
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