Playback speed
×
Share post
Share post at current time
0:00
/
0:00
Transcript

Born Bored Media/ CK News

07/07/2024

Welcome everyone. The time has came. We are on the cusp of Blast Phase 2 launch. Today we will break down the next phase of the roll put paper. We will tell you what we are looking forward to and where we go from here.

Born Bored/CK News and Updates News Letter is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.

So tell me; are you excited? I know I am. ready and hopeful to be calculated.

Forget those Bears by Born Bored Media

1×
0:00
-2:10

White Board

https://blog.blast.io/phase-2-dapps/

Phase 2 Builder AMA

  • Event: Phase 2 Builder AMA

  • Platform: Discord

  • Date and Time: July 9 at 12PM ET

Phase 2 Overview

  • Duration: 12 months (Ends June 2025)

  • Total Rewards: 10 Billion BLAST

  • Objectives:

    • Support the development of mobile Dapps

    • Incentivize users to use these Dapps via the Blast App

Key Highlights

  1. Big Bang Competition

    • Start Date: August

    • Rewards: Gold rewards, cash funding, co-marketing opportunities

    • Eligibility: New Dapps can participate

    • Duration: 3 months

    • Focus: Mobile Dapps

    • Launch: Teams can launch their Dapps before, during, or after the competition

    • New Dapps: Eligible for Big Bang rewards if new to Phase 2

  2. Gold Allocation for New Dapps

    • Contact: New Dapps can get in contact via the provided link

    • Distribution: Monthly in the first week of every month

    • Requirement: Dapps must fully distribute their Gold each month to receive the next batch

Rewards Distribution

  • Blast Points: 5 Billion BLAST

    • Earning: Based on ETH, WETH, USDB, and BLAST balances

    • Rate: 0.06504987 Points/Block/ETH (Each block is 2 seconds)

    • Distribution: Pro-rata based on contract balances

    • Integration: Dapps must integrate the Points API

  • Blast Gold: 5 Billion BLAST

    • Distribution: Monthly, starting July 8

    • Dapp Ranking Factors: Category, Blast nativeness, traction/execution, incentive design

    • Separate Allocations: For already live Dapps and new Dapps

    • Bonus Allocation: For Dapps using BLAST in a novel and significant way

Methodology

  • Ranking Factors:

    • Category: Weight varies based on ecosystem priorities

    • Blast Nativeness: Score based on exclusivity to Blast

    • Dapp Score: Based on on-chain metrics, general execution, community feedback, and use of Blast-native yield/gas fee sharing

    • Incentive Score: Measures effectiveness in distributing Gold and transparency

Categories

  • List:

    • Prediction Markets

    • Spot DEX

    • Perp DEX

    • Lending

    • SocialFi

    • Gaming

    • GambleFi

    • NFT Infrastructure

    • RWA

    • Miscellaneous

Blast Nativeness

  • Scores: 1, 1.5, or 2 based on exclusivity

  • Purpose: Reward Dapps focused on Blast

Dapp Score

  • Ranks: Bronze, Silver, Gold, Platinum

  • Factors:

    • On-chain metrics (Flipside/Dune dashboards recommended)

    • General execution

    • Community feedback

    • Use of Blast-native yield/gas fee sharing

  • Focus: Mobile Dapps, especially after the launch of the Blast App in Q4

Incentive Score

  • Factors:

    • Thoughtfulness and effectiveness of incentive design

    • Clarity and communication of criteria

    • Compliance with distribution guidelines

  • Common Issues:

    • Incentivizing project’s token or NFT with Gold

    • Using Gold to directly incentivize revenue to the team or DAO

    • Suspicious distributions (e.g., allocations to insiders or KOLs)

Contact and Feedback

  • Support: The Blast Foundation and contributors are available for feedback on incentive designs.

  • Communication: Methodology changes will be announced through the Blast Twitter, Blog, and Discord.

Breakdown covers the entire announcement, including the structure and key aspects of Phase 2, the Big Bang competition, rewards distribution, methodology, categories, and the incentive score guidelines.

Thanks for being part of the community.

Disclaimer:

Welcome to my live stream! I’m thrilled to have you here. Before we dive in, I want to remind everyone that the information shared during this stream is for entertainment and educational purposes only.

Do Your Own Research (DYOR):

  • The opinions expressed here are my own and not to be taken as financial, investment, or professional advice.

  • Always conduct your own thorough research and consult with a qualified financial advisor or other professional before making any decisions based on the content of this stream.

Risk Awareness:

  • Investing and trading carry significant risk and may not be suitable for all investors. There is always the potential for loss.

  • Never invest money that you cannot afford to lose.

No Guarantees:

  • I do not guarantee any particular outcome or profit.

  • Past performance is not indicative of future results.

Community Conduct:

  • Please respect everyone in the chat and keep the discussion friendly and constructive.

  • Any inappropriate behavior or violation of the community guidelines will not be tolerated.

Thank you for joining and supporting the stream. Enjoy, stay informed, and most importantly, stay safe!

Born Bored/CK News and Updates News Letter is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.

Discussion about this podcast

Born Bored/CK News and Updates News Letter
Born Bored/CK News and Updates News Letter Podcast
Our podcast is a vibrant hub for enthusiasts, creators, and dreamers in the realms of cutting-edge technology and Web3 art. Each episode is a journey into the heart of innovation, exploring the most exciting advancements and creative endeavors in the digital world.
Join us as we dive into the depths of Web3, unraveling its mysteries and showcasing how it's reshaping the art scene. From blockchain breakthroughs to NFT revolutions, we cover it all with a fun and engaging twist. Our community is a melting pot of ideas and inspirations, where you're not just a listener but an active participant, an "alpha" of your own story.
Whether you're a tech guru, an art aficionado, or someone who loves staying ahead of the curve, "Alpha Innovators" is your gateway to staying informed and inspired. With expert insights, lively discussions, and a touch of humor, we make the complex world of tech and art accessible and enjoyable.
So, plug in, power up, and prepare to be part of a community that's at the forefront of the digital revolution. Subscribe to "Alpha Innovators" and be the alpha of your own innovative journey!
Listen on
Substack App
Spotify
RSS Feed
Appears in episode
Cryptking.eth 👑