On January 16, the second-layer solution Blast launched a test network, simultaneously initiating a competition for developers.
The Blast Testnet is OFFICIALLY LIVE
With it, the Blast BIG BANG competition officially begins.
Dapps can compete to get in front of 100k users & $1.3B in TVL, connect with top investors, and earn the Blast Airdrop. pic.twitter.com/Cajnmtxtd3
— Blast (@Blast_L2) January 16, 2024
The total volume of blocked network funds exceeded $1.3 billion with 103,000 active wallets. Blast has become one of the largest L2 protocols, despite its closed invite system.
The Big Bang competition is designed to attract new developers to the project. Between January 17 and February 17, teams will be able to compete for a special airdrop.
In addition, winning apps will be integrated into the Blast mainnet at launch.
The competition will be judged by the main developers of the project and other representatives of the crypto industry.
Launched on November 22, Blast is an Ethereum-based layer 2 network that offers passive income of 4-5% per annum. However, the protocol still lacked any infrastructure other than an internetwork contract.
After the launch, the founder of Blast, under the pseudonym Pacman, responded to complaints from the community and explained the way to achieve high profitability on the platform.
Source: Cryptocurrency

I am an experienced journalist and writer with a career in the news industry. My focus is on covering Top News stories for World Stock Market, where I provide comprehensive analysis and commentary on markets around the world. I have expertise in writing both long-form articles and shorter pieces that deliver timely, relevant updates to readers.