The wait is over. The highly anticipated Blast Airdrop Phase Two kicks off on July 2, 2024, and it’s set to run for a whole year, concluding in June 2025. That’s a 12-month period where you can get involved and make the most out of your participation. The total allocation for this phase is an impressive 10 billion BLAST tokens, which will be distributed in various ways to support mobile Dapp development and encourage active user engagement through the Blast App.
The primary goal of this new phase is to boost the overall growth of the Blast ecosystem. It’s not just about giving away tokens—it’s about creating a deeper, more interactive experience for everyone involved. The idea is to ensure that the Blast network continues to expand in meaningful ways by incentivizing users to participate more actively, whether by using mobile Dapps, completing tasks, or earning rewards.
And let’s not forget—Phase Two isn’t just a straightforward airdrop. The rewards come in several exciting forms, including Blast Points, Blast Gold, Golden Tickets, and, for the first time ever, the Jackpot feature, which adds a whole new layer of excitement to the process.
Here’s a quick overview of what you need to know:
- Launch Date: July 2, 2024
- Duration: 12 months, ending June 2025
- Total Token Allocation: 10 billion BLAST tokens
- Primary Objective: Support for mobile Dapp development and incentivizing user engagement within the Blast App
The addition of jackpot rewards to the mix is one of the most compelling updates, and it’s worth diving into the mechanics of this feature in the next sections. But before we go any further, let’s first explore exactly what Blast Airdrop Phase Two is aiming to achieve.
What Is the Blast Airdrop Phase Two?
Objective
At its core, Blast Airdrop Phase Two is designed to fuel the growth and expansion of the Blast ecosystem. The primary goal is to encourage more users to get involved in the Blast platform, creating a more dynamic and active community around the project. By offering exciting new incentives and rewards, the airdrop is meant to drive participation in mobile Dapp development and overall user engagement.
While the first phase was centered on distributing tokens to as many users as possible, Phase Two aims to deepen the involvement of the community. It’s not just about receiving tokens—it’s about giving users more ways to earn, contribute, and interact with the Blast platform. Whether you’re holding tokens, using mobile apps, or actively participating in Dapp development, every action will now be more rewarding. Phase Two is a testament to how Blast is looking to evolve beyond simple token distribution to create a full-fledged ecosystem that benefits its users on multiple levels.
Distribution Mechanism
The total 10 billion BLAST tokens allocated for Phase Two are divided into two key categories: Blast Points and Blast Gold. This two-pronged distribution system ensures that both everyday users and Dapp developers are incentivized. Here’s how it breaks down:
- 50% of Tokens Allocated to Blast Points: These are the standard points that users will earn through participation in tasks, activities, and engagements within the ecosystem. Whether you’re interacting with mobile Dapps or completing tasks, you’ll be earning these points, which can later be claimed or used for other incentives.
- 50% of Tokens Allocated to Blast Gold: Blast Gold is a premium reward tier aimed primarily at Dapp developers and contributors. If you’re actively building on or contributing to the Blast network, you’ll be able to earn Blast Gold as a reward for your efforts. This is a way to encourage developers to bring more high-quality decentralized applications to the platform.
The inclusion of Blast Gold alongside Blast Points ensures that both casual users and developers are equally motivated to participate, making this a well-rounded airdrop initiative.
Key Components
To keep things exciting and dynamic, Blast Airdrop Phase Two introduces several key components:
- Golden Tickets: These rare tickets will serve as a way to boost your earning potential. They’ll give users the ability to earn Points and Gold at double the rate compared to those who aren’t using the tickets. Obtaining Golden Tickets involves holding certain tokens like ETH, WETH, USDB, or BLAST within the Blast App, making this a great incentive for users to engage more with the ecosystem.
- Multipliers: If you’re looking to earn more quickly, Blast has you covered. By using the Blast App and depositing BLAST tokens, you’ll be able to activate multipliers. The current maximum multiplier available is 6x, which means you can earn Points and Gold at a much faster rate than before. This feature is ideal for those looking to make the most out of their participation.
- Jackpot: This is perhaps the most exciting feature of Phase Two. The Jackpot offers random rewards, ranging from BLAST tokens to NFTs and even physical merchandise. Users can earn entries to the Jackpot by accumulating Blast Points, adding an element of luck and excitement to the entire process. However, these Jackpot rewards are less frequent than in Phase One and are designed to focus on high-quality assets, making each win feel even more special.
The combination of Golden Tickets, Multipliers, and the Jackpot creates a compelling reason for users to stay active and engaged throughout the 12-month duration of the airdrop.
How to Earn Blast Points
Eligibility Criteria
Before diving into how to earn Blast Points, it’s essential to understand who qualifies for this opportunity. To participate in Phase Two of the Blast Airdrop and start accumulating Blast Points, you’ll need to hold certain assets. These include:
- ETH (Ethereum)
- WETH (Wrapped Ethereum)
- USDB (USD-backed stablecoin)
- BLAST tokens
The requirement to hold these tokens is a straightforward way to ensure that participants are genuinely invested in the Blast ecosystem. Holding these assets not only qualifies you for earning Blast Points but also enhances your eligibility for other rewards, such as Golden Tickets and Multipliers. The more active you are within the Blast network by holding the right tokens, the more you stand to gain.
Earning Rate
Now, let’s talk about how you’ll actually earn Blast Points. The earning rate is based on your holdings of Ethereum (ETH) and the time elapsed, with a specific accumulation rate tied to each block. Here’s a breakdown of how it works:
- 0.06504987 Blast Points per block per ETH: Every 2 seconds, your Ethereum holdings will earn you a portion of Blast Points. The faster the accumulation, the more chances you’ll have to claim rewards. This frequent accumulation gives you a consistent opportunity to grow your points over time.
Vesting Threshold
While earning Blast Points might sound simple, there’s an important concept to understand when it comes to claiming them: the vesting threshold. This threshold refers to the rolling average of the points accumulated in Phase One of the airdrop, which sets the bar for how many points you’ll need to unlock the ability to claim your rewards.
For Phase Two, you’ll need to reach 80% of the rolling average of your Phase 1 points before you can claim your rewards. This means that if you were a participant in Phase One, you’re already ahead of the game, as the points you earned there are being carried over to Phase Two. If you’re new to the Blast ecosystem, don’t worry—this threshold is achievable within the first few weeks of active participation.
Claiming Process
Once you’ve earned enough Blast Points, it’s time to claim your rewards. Here’s how you can do that:
- Visit the Airdrop Claim Portal: To start, head over to the official airdrop portal.
- Connect Your Ethereum Wallet: Ensure you connect a wallet that holds the eligible tokens (ETH, WETH, USDB, or BLAST). Common wallets like MetaMask and Rabby work well here.
- Complete the Necessary Tasks: Depending on your level of engagement, you may need to complete additional tasks or actions to unlock more rewards. These tasks can include interacting with the Blast App, participating in events, or holding certain assets.
- Claim Your Blast Points: Once all the criteria are met, you can submit your claim for your Blast Points. These points will then be added to your wallet, allowing you to start using them toward additional rewards like Blast Gold or entering the Jackpot.
What Is Blast Gold?
Definition
Blast Gold is a premium tier of rewards introduced in Phase Two of the Blast Airdrop, specifically designed for Dapp developers and key contributors within the Blast ecosystem. While Blast Points are available to all participants, Blast Gold targets those who are actively working to build and expand the Blast network by contributing to its growth through Dapp development or other impactful activities.
Earning Mechanism
The way you earn Blast Gold is tied directly to your involvement with the Blast ecosystem, particularly through Dapp traction and participation in Big Bang competitions.
- Dapp Traction: The more successful and engaging your Dapp is, the more Blast Gold you stand to earn. This is a direct reflection of your contribution to the ecosystem, as highly successful Dapps drive more users to the platform, creating a stronger, more vibrant community.
- Big Bang Competitions: Blast’s Big Bang competitions are designed to encourage new ideas and innovations. These competitions invite developers to submit Dapps and projects that contribute to the ecosystem’s growth. Winning or ranking highly in these competitions will earn you Blast Gold, making this a significant incentive for developers to push the boundaries of what’s possible within the network.
Distribution Schedule
Blast Gold will be distributed on a monthly basis, with the first distribution scheduled for July 8, 2024. Each monthly payout will be based on the contribution of developers, the traction of their Dapps, and their participation in the various initiatives and competitions within the Blast ecosystem.
Understanding the Jackpot Feature
Functionality
The Jackpot feature is one of the most exciting additions to Phase Two of the Blast Airdrop. It adds an element of chance and thrill to the airdrop process by offering users the opportunity to win random rewards. The rewards offered in the Jackpot are designed to be high-quality, exclusive, and valuable, with the aim of making your participation feel even more rewarding. Rather than being a simple token giveaway, this feature aims to bring an extra layer of excitement and exclusivity to the airdrop.
The Jackpot doesn’t happen every day, but when it does, the rewards are more significant and higher in value. The main purpose of the Jackpot is to keep things engaging and exciting for participants, ensuring that there are major rewards to be won at various intervals throughout the airdrop period.
Eligibility
To earn entries into the Jackpot, users need to accumulate Blast Points. The more Blast Points you have, the higher your chances of entering the Jackpot.
Frequency
The Jackpot feature is less frequent in Phase Two compared to Phase One, but when it does appear, it promises to be more exclusive and valuable. The idea is to ensure that the rewards are high-quality assets, which include:
- BLAST tokens
- NFTs
- Physical Merchandise
Maximizing Your Chances
1. Engage Regularly: The more active you are within the Blast ecosystem, the more opportunities you’ll have to accumulate points.
2. Utilize Golden Tickets and Multipliers: If you’re holding Golden Tickets or using the Blast App with activated multipliers, you’ll increase the rate at which you accumulate Blast Points. This will, in turn, boost your chances of entering the Jackpot.
Golden Tickets: Boost Your Rewards
Purpose
Golden Tickets significantly enhance your earning potential by allowing you to earn Blast Points and Blast Gold at double the rate compared to users who don’t have these tickets.
How to Obtain Golden Tickets
- Hold Ethereum (ETH), Wrapped Ethereum (WETH), USDB (USD-backed stablecoin), or BLAST Tokens
- Install the Blast App
- Engage Actively: By holding the necessary tokens and staying active within the ecosystem, you can unlock Golden Tickets.
Benefits
- Double Earning Rate: You can earn Blast Points and Blast Gold at double the rate, increasing your overall rewards.
- Exclusive Access: Golden Ticket holders get access to special features, events, and higher chances of Jackpot entries.
Using Multipliers to Maximize Earnings
Function
Multipliers increase the rate at which you earn Blast Points and Blast Gold. By depositing BLAST tokens into the Blast App, you can activate these multipliers, which can increase your earnings up to 6x.
Activation
- Deposit BLAST Tokens into the App
- Activate the Multiplier to earn rewards faster.
Benefits
- Faster Earning: Earn more points in less time, boosting your ability to enter the Jackpot and claim rewards.
- Increased Blast Gold: Multipliers also apply to Blast Gold, accelerating your progress as a developer or contributor.
Participating via the Blast App
The Blast App is essential for fully participating in Phase Two. It’s the hub where you can track your progress, claim rewards, access mobile Dapps, and activate features like Golden Tickets and Multipliers.
- Download the App from iOS or Android.
- Connect Your Wallet and deposit BLAST tokens.
- Engage with Dapps and earn Blast Points.
- Track Your Rewards and claim your tokens directly through the app.
How to Get Started
- Visit the Official Airdrop Portal
- Connect Your Ethereum Wallet
- Bridge Assets to the Blast Network
- Install the Blast App and deposit BLAST tokens.
- Complete Tasks, Earn Rewards, and Participate in Events
Important Considerations
- Vesting Schedule: Phase One participants may face a 6-month vesting period for rewards.
- Invite Bonuses: Earn additional rewards by referring new users to the platform.
- Security: Always use official platforms and secure wallets to protect your assets.
Blast Tokenomics Snapshot
- Total Supply: 100 billion BLAST tokens.
- Phase Two Allocation: 10 billion tokens (50% for Blast Points, 50% for Blast Gold).
- Market Performance: Initial price of $0.02, current price $0.01723.
Final Thoughts
Blast Airdrop Phase Two offers an array of exciting features and opportunities for both casual users and developers. By engaging regularly, using tools like Golden Tickets and Multipliers, and staying informed about new developments, you can maximize your rewards and enjoy a rewarding experience in the Blast ecosystem. The future looks bright for Blast, and Phase Two is the perfect opportunity to get involved.
