Airdrops have been criticized, but Blast wants to build an Apple system in Layer 2

Author: Jessy, the Blast airdrop for multiple PUA users of Golden Finance has finally ended. The airdrop cannot satisfy everyone. This Blast airdrop is sunny. Anyone who participates in the interaction can basically get the airdrop. And it is equivalent to zero, but the money is really small, which is even less than 1U. The major players who have received the most airdrops have about 23 billion points and can probably get 50 million tokens, which is about $1.5 million based on the initial issuance price of $0.03. The community has also criticized this sunny airdrop method, especially its behavior of "killing big players", which has aroused strong dissatisfaction among the big players. X user @Christianeth said that he deposited 50 million US dollars on Blast, but Only received an airdrop of $100,000. Some people complained that Blast points were seriously inflated. The Ethereum Layer 2 projects that have been airdropped in recent months, including Blast, have been more or less criticized by the hairy party members. The reason for everyone's curse is simple: they have not achieved the returns they expected. Indeed, it is unlikely that the big hair era of the ARB period will be repeated in the Ethereum ecosystem. The landing of Blast’s airdrop boots also marks a change in the airdrop era. After the issuance of the currency, what should be more concerned about is the development of Blast itself. Is the founder Tieshun really a liar as everyone says? Is Blast really just a fund tray? The airdrop is actually not a big problem. In this round of airdrop, 17% of the total amount of BLAST (17 billion pieces) will be allocated to users. The composition of 17% includes: 7% Blast points, 7% Blast gold points, and 3% Blur Foundation. Specific details As follows: 1. Blast points: 7,000,000,000 (7%). Users who connect ETH or USDB to Blast bootstrap the initial liquidity of the Blast ecosystem and earn Blast Points during the first phase. These users will be rewarded with 7% of the total BLAST supply. 2. Blast gold points: 7,000,000,000 (7%). Users who contribute to the success of the Dapp will earn Blast Gold Points and will be rewarded with 7% of the total BLAST supply. 3. Vesting: The top 0.1% of users (approximately 1,000 wallets) will receive a linear vesting portion of the airdrop within 6 months. Based on the first phase of activity, vesting is subject to monthly points thresholds. 4.Blur Foundation: 3,000,000,000 (3%). The Blur Foundation will receive 3% of the total BLAST supply for distribution to the Blur community for retroactive and future airdrops. At present, the top rankings of personal airdrops are as follows:

1. As can be seen from the above rankings, the real big players can actually get more tokens and rewards, although there are also behaviors of killing big players. , for example, X user @Christianeth said that he deposited 50 million US dollars on Blast and only received an airdrop of 100,000 US dollars.

2. Since the Blast mainnet was launched in March, there have been a lot of criticisms about the Blast airdrop. At that time, the Blast mainnet was launched, and users who pledged Ethereum on the testnet found that they needed to transfer their assets and points earned from staking themselves. To move to the mainnet, a large amount of Gas needs to be burned for this purpose, which even exceeded 50U at the highest point. Blast has also been questioned about the low security of the contract. Before the mainnet was launched, it was just a smart contract. The contract stated that after the user's money is deposited, it will be deposited into a multi-signature wallet, and after the money arrives, it will Deposit into Lido and start managing your money.
3. But these innocuous problems have not stopped the development of Blast. This year, the airdrop finally came to fruition. And it is precisely thanks to the airdrop method that Blast’s marketing is successful.
4. The biggest difference between Blast and previous Layer 2 airdrops is that it provides a platform for staking and earning interest. Users deposit mainstream assets into Blast. Not only is there an airdrop expectation, but it also puts the assets deposited by users into the Blast chain. Go to platforms such as LDO to stake and earn interest.
5. When users pledge their tokens into Blast, they will be involved in other pledge protocols based on the type of token. For example, if you deposit DAI, Blast will be placed in MakerDAO, and if you deposit ETH, it will be placed in Lido. Blast’s native stablecoin USDB is used to settle profits and pass them back to users.
6. Blast uses the most straightforward airdrop incentives to attract users to enter and increase the amount of locked positions. Moreover, the incentive method for airdrops is a simple and crude "three-tier pyramid scheme". This method has been proven to be effective many times. Blast's TVL volume currently ranks third in Ethereum Layer 2, ranking behind ARB and Base. back.
7. From this point of view, this influence is undoubtedly very effective. Although Blast has been criticized by the hair-raising party, the airdrop is a win-win situation. It’s not just Blast’s airdrops. From the airdrops in recent months, in fact, the hair-raising parties should realize that the era of zero-cost or low-cost hair-raising through a large number of accounts is over in the short term. What is now fighting is the amount of funds. and depth of engagement.

Stake Layer2 on the surface, but I want to build a full stack chain on the inside

8. Blast positions itself as a new "Stake Layer2" narrative that is different from other Layer2s, but it actually uses Blast users to carry out Ethereum pledge mining and contract mining. This is the same as users depositing their own money to enter platforms such as Lido. Just because you deposit through the middleman Blast, you can earn airdrop points.
9. In addition to using airdrop marketing to create ultra-high TVL, Blast’s technical implementation itself is also somewhat innovative in Ethereum Layer 2.
10. While many technical teams are constantly optimizing technology for their own chains, Tieshun actually directly uses OP Stack to quickly develop the Blast chain, and then lays out the full-stack chain on this basis. The Blast Foundation announced that it will be in the second It will do this at this stage and said it will work with the community to develop desktop and mobile wallets designed for crypto-native users, aiming to provide a better experience than Metamask and accelerate user adoption through incentives. It can be seen that Blast is not satisfied with just being an L2 public chain, but hopes to be a full-stack chain that can fully integrate from chain to wallet to cex.
11. One thing that current public chains have in common is that they all have a similar end-to-end user experience. Each chain focuses on optimizing the chain’s technology itself, while relying on third parties to complete the rest of the stack. This approach is actually similar to Android, where they optimize the operating system and rely on third parties to do the rest.
12. The Android approach has worked for public chains so far, but it has also resulted in a fragmented and friction-filled ecosystem.
13. Unlike Android, Apple adopts a full-stack approach. They built everything from software to hardware. And optimize across the entire stack. This approach has greatly accelerated the evolution to mobile and resulted in the most valuable mobile ecosystem in the world.
14. It seems that what Blast wants to do next is what Apple is doing.
15. From this point of view, Tieshun is actually a very ambitious developer. Although the price of his NFT market project Blur keeps falling, perhaps he can pay more attention to the innovation of the industry he is working on and whether it is truly implemented.

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