The mainnet launch of Blast, the Layer-2 blockchain from the team behind NFT marketplace Blur, goes live today at 1 pm (PST) — a pivotal event that has propelled the network’s total value locked (TVL) to exceed a mighty $2 billion, as per a recent X post.
Boasting a $20 million investment from Paradigm and Standard Crypto to enhance earning opportunities, Blast distinguishes itself as the only Ethereum Layer-2 solution offering native yields for ETH and stablecoins to its users.
Not only that, the network empowers creativity, lowers entry barriers, and rewards users with $BLAST tokens. Early access stats already show 157,638 members earning yield and $BLAST, with numbers on the rise.
By valuing imaginative advancements, the platform encourages input from large-scale investors and independent DApp developers, fostering a vibrant ecosystem ripe for innovation and progressive breakthroughs.
An Innovative Ecosystem for Gaming Creators
Blast highlights its commitment to supporting creators by allocating 4% of airdrops to competition winners, reinforcing its role in promoting the growth of digital art.
Shifting toward Layer-2 innovations suggests solutions to ameliorate liquidity quandaries tied to CryptoArt NFTs. Such solutions strive to create a leveled ambiance for artists, delivering speedier and more cost-effective transactions without compromising the security and distributed nature of the blockchain.
Additionally, Blast Mainnet Points API is designed to make smart contracts smarter by giving out ‘Blast Points’ and ‘Blast Gold’ as rewards for creating valuable apps. At first, it’s for user accounts, but after launch, it will also reward smart contracts fitting with the ecosystem’s goals.
Regarding integration, contract administrators must tailor their contracts to adhere to the authentication framework of the Blast Points API and oversee points via an off-chain code. Notably, the API caters to a range of operations and extends a sandbox for trials.
The network’s security protocols also stress the significance of authentic growth and interaction, hinting that any intent to cash out Blast Points or Blast Gold may lead to the garnering of significant rewards.
As the Blast mainnet goes live, the blockchain ushers in a new era that merges blockchain innovation with the art world, offering native yields, $BLAST rewards, and artist support, thereby promoting decentralized creativity and empowerment.
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*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.
Dedicated Web3 enthusiast with distinctive insights into creative blockchain-based developments.
The post Blast Mainnet Goes Live Today – Gaming Creativity Rewarded appeared first on NFT Plazas.
