Blast Airdrop finally arrived as anticipated on June 26th. Prior to this, Upbit exchange had announced the listing of Blast token, injecting a boost to the market price of BlastAirdrop Launch
As scheduled, the Blast airdrop arrived on June th at 22:00, accompanied by a speech from Ironun. The specific between points and token airdrops is not yet clear. However, based on my own experience of receiving 50,000AST tokens with around 2.3 million points (ranking over 55,000 on the entire network), users with approximately 23 billion points (the highest ranking) can expect to receive approximately 50 million tokens. Calculating based on the initial issuance price of $0.03 per token, that’s about $1. million.
At the same time, Blast’s market-making strategy has also been clarified as it allocated 220 millionAST tokens for market-making among six liquidity providers: Wintermute (80 million), Manifold Trading (50 million), G Markets (30 million), Auros Global (20 million), Amber Group (20 million and Flow Traders (20 million). These liquidity providers are gradually transferring BLAST into CEX to prepare for trading it goes live at 23:00.
With the ongoing distribution of airdrops, there are mixed emotions among users—especially due to an increase in phishing websites and targeting Blast users. Some users reported losses amounting to $217,947 from signing multiple signatures on fake Blast websites. This prompted an official warning from Blast urging users to be cautious about accounts and scams.
Meanwhile, some users have complained about lackluster returns from airdrop program. NextGenDigitalVenture partner Christian2022.eth stated that they deposited over $50 million in but only received $100k worth of tokens through the airdrop program—a sentiment shared by others who believe Blast is simply a scam.
TheBlock editor Tim Copeland also claimed that every Farmer participating in BLAST tokens must watch a mandatory video related to Blast during wallet association but mentioned he some fraudulent links associated with clicking those videos.
Despite these criticisms and challenges faced by the platform after TGEToken Generation Event), which refers to cryptocurrency crowdsales similar to an Coin Offering or ICOs in traditional finance markets—the performance of Blast remains strong in terms of its market value(s). Just one hour after launching its airdrop program(s), FDThe Blast airdrop has been highly anticipated and has injected excitement into the market. Upbit exchange announced the listing of Blast tokens, creating a positive impact the secondary market price. The airdrop was launched as scheduled on June 26 at 22:00, accompanied by a speech from Ironun. The exact correlation points and token airdrops is still unclear, but based on my own experience receiving ,000 BLAST tokens with around 2.3 million points (ranking over ,000 on the entire network), users with approximately 23 billion points (the highest) can expect to receive around 50 million tokens. At an initial issuance price of $0.03 per token, this amounts to approximately $1.5 millionIn addition to the airdrop, Blast’s market-making strategy has also been revealed It has allocated 220 million BLAST tokens for six liquidity providers: Wintermute (80 million), Manifold Trading (50 million), GSR Markets30 million), Auros Global (20 million), Amber Group (20 million), and Flow Traders20 million). These liquidity providers are gradually transferring their BLAST holdings into CEX in preparation for tradingHowever, alongside the distribution of the airdrop, there have been issues with phishing websites targeting Blast users. Some users have reported losses amounting to $217,947 from multiple signatures on fake Blast websites. This prompted an official warning from Blast urging users to be cautious about fake accounts and scams.
Furthermore, some users have expressed dissatisfaction with the returns from airdrop program. NextGenDigitalVenture partner Christian2022.eth claimed that despite depositing over $50 mill
