Blast ecology thousands of projects, how to interact precisely to achieve big gains with small investments?
Blast ecology has over 1000 projects; aimless efforts will lead to nothing, while focused efforts are the way forward.Author: Princess Christine, Blockchain Researcher
There are many diverse projects on Blast, and my friends around me are engaging in chaotic interactions without much thought. So I want to share my interaction ideas for Blast.
I will focus on:
- Winners of the Big Bang competition
- Blast Dev airdrop commitments to the community
- Projects with high Blast TVL
- Projects with good product delivery
Blast airdrop allocation: half to Stakers and half to Devs
Unlike other Layer 2 projects that obtain airdrops through Odysseys, Blast's airdrop emphasizes giving to:
a) Liquidity providers (Stakers)
b) Ecosystem project builders (Devs)
If you don't want to stake e, then you need to engage with Blast projects to obtain airdrops. It's important to choose projects that are willing to share profits and have the potential to receive a larger Dev airdrop. Otherwise, you might end up being counter-productive.
1. Focus on the winners of the Big Bang competition, as winners can receive point bonuses
The evaluation criteria for the competition are: innovation, execution, and alignment with Blast narratives. Award-winning projects can be understood as excelling in these three aspects.
The Big Bang competition has already closed. Each video is 3 minutes long, and the team received a total of 60 hours of video, meaning there are 1200 project applications. The results will be announced on the 23rd, Pacific Time.
2. Focus on projects that promise airdrops to the community and users
In the case where 50% of the airdrop is given to Devs, many projects operate on a production line to obtain airdrops (those who understand know).
If you engage with such projects, counter-productivity is almost inevitable (because you won't receive the project's Dev airdrop), so it's necessary to research how much Dev points the project will allocate to users. I will also create a new list of key interaction projects after the Big Bang results are out.
3. Focus on those with high TVL
Total airdrop received = Dev airdrop received by the project * percentage given to the community by the project * your interaction proportion.
So even if a project promises 100% Dev airdrop to the community, if the project itself doesn't receive much airdrop, it's pointless.
TVL is currently a clear and quantifiable standard, so I will focus on Dex, Lending, and Perp. Gas might also become an indicator, but this needs further confirmation.
4. Engage with projects that have good product delivery
It's worth mentioning that during a previous conversation with Pacman, he mentioned that Blast's point multiple is rotational.
So even if a project is the winner of the Big Bang competition, if they don't demonstrate good execution afterward, their points may be canceled and awarded to others.
This approach can compel projects on Blast to Keep Building, rather than resting on their Endorsement. I will continue to observe.
My conclusion is, Blast must be engaged with. However, with over 1000 projects, random engagement will clearly lead to failure. Strategic engagement is the way forward.
