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Blast Ranks Second in Community Token Allocation Among New L2 Projects, Following zkSync

3d ago
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  • The Blast crypto project reserves a significant portion of its tokens for the community.
  • Other new Layer 2 (L2) projects like zkSync and Manta Network are also compared.
  • Blast ranks second in community allocation among recent L2 solutions.

Explore the strategic community allocations in the latest Layer 2 crypto projects and gain insights into how these reserves are impacting ecosystem growth and investor interest.

Blast Crypto Project: Community Allocation Insights

The recently launched Blast crypto project has made headlines with its significant community allocation of tokens, placing it second amongst new Layer 2 (L2) solutions, according to Token Unlocks. The project’s team has earmarked a substantial 50% of BLAST tokens for community use. This strategy highlights the project’s commitment to ecosystem growth through incentives for liquidity providers and airdrop campaigns.

Comparative Analysis: Community Allocations Among New L2s

Token Unlocks provided a comparative study that includes Blast and three other Layer 2 protocols: Starknet (STRK), zkSync (ZK), and Manta Network (MANTA). In this comparative landscape, zkSync leads with the highest community allocation at 67%, followed by Blast at 50%. Manta Network comes next with 36%, while Starknet trails with just 18%. This data illustrates various strategies within the community allocation spectrum of these emerging L2 solutions.

Reserves and Allocation Strategies

It’s notable that zkSync allocates zero percent of tokens as reserves, which contrasts sharply with Starknet, which leads this category with a 32% allocation. Manta Network follows with a 14% reserve, while Blast allocates 8%. These reserve allocations are crucial as they reveal each project’s strategy regarding future ecosystem funding and operational liquidity.

Private Investor Allocation and Team Reserves

In terms of private investor allocation, Manta Network stands out with the highest percentage at 24%, with Starknet close behind at 19%. Both Blast and zkSync allocate 17% of their token supplies to private investors. When it comes to allocation for team members and founders, Starknet tops the list with 31%, followed by Blast at 26%, Manta Network at 18%, and zkSync at 16%. Interestingly, Manta Network is the only project among the four to allocate a significant portion for public investors.

Conclusion

The allocation strategies employed by these Layer 2 projects highlight a range of approaches to ecosystem growth and investor incentives. Blast’s substantial community allocation at 50% underscores its commitment to encouraging participation and growth within its ecosystem. Meanwhile, zkSync’s leading community allocation and zero reserve allocation offer a stark contrast and a different strategic perspective. As these projects evolve, their token allocation strategies will continue to play a pivotal role in shaping their respective ecosystems and investor dynamics.

3d ago
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