ChainCatcher news, Blur and Blast co-founder Pacman recently tweeted to announce a new incentive policy for the Blast ecosystem. The main changes include:New "Cultural" category: Meme coins and NFT projects will directly receive gold incentives.Asset incentives: Projects can now allocate gold to native assets (subject to Blast Foundation review).Pacman stated that these changes are the first step in supporting Blast assets, and adjustments will be made in the future based on the implementation results.He also mentioned that it is unfortunate that the Pacmoon project decided to migrate before this policy was introduced, but he respects their decision. The incentives originally planned for Pacmoon will be distributed to previous holders based on snapshots taken two weeks before and after the TGE.Previous news, the Blast community token PacMoon announced its migration from Blast to Solana, and will receive an airdrop on Solana based on the PAC burned.

ChainCatcher news, Blur and Blast co-founder Pacman quoted the announcement of Blast Phase 2 Gold Distribution 1 on social media, stating that as the election cycle heats up, prediction markets with native yields will achieve higher capital efficiency and better price discovery. We are pleased to support the construction of prediction markets based on Blast.

ChainCatcher message, NextGen Digital Venture partner Christian2022.eth posted on platform X listing the seven sins of Blast founder Pacman. The main points are:Did not choose to issue tokens at the best time, worked hard for more than three months, and the market cap expectation is even lower, OKX and BN also did not list it;Poor technical skills are the original sin, without solid infrastructure, the result is that the infrastructure cannot keep up, and the yield model that seemed good at first was verified to have a poor experience even for basic needs like cross-chain bridges, exchanges cannot withdraw directly, and retail investors cannot enter;Endless manipulation, from March to May, and from May to the end of June, today everyone finds out they will be manipulated for another six months;Lack of deep understanding of liquidity, possibly because he has not engaged in traditional DeFi and is not a major player;Completely lacks a sense of contract, directly offending all major players;Gold distribution is relatively decentralized, but still binds small interest groups;No sense of responsibility or very arrogant, did not show up at the agreed time, waited for an hour in vain, did not respond to messages, and did not offer any apology afterward.

ChainCatcher message, NextGen Venture co-founder Christian stated on platform X that he deposited over 50 million dollars in the Layer2 project Blast, but only received an airdrop worth 100,000 dollars.He claims that Blast is a scam project, and its founder "Pacman" is a "serial scam entrepreneur."

ChainCatcher message, Owlto Finance released a recap of the Munchables hacking incident. The protocol assisted in intercepting the hacker's funds immediately after being contacted by Pacman and ZachXBT yesterday. Owlto Finance stated that the security of user assets has always been its top priority, and anyone in need of assistance can reach out to them.

ChainCatcher message, Blast founder Pacman posted on X that Blast core contributors have secured $97 million in funding through a multi-signature. Thanks to the former Munchables developers for choosing to return all funds without any ransom.Munchables and the protocols integrated with it (such as Juice finance) were affected by this incident. All development teams, regardless of whether they were directly impacted, should learn from this and adopt stricter security precautions. Core contributors are always willing to help connect Blast builders with auditing partners. Meanwhile, we are working to support the Munchables team in safely returning funds to users. More details will be shared later this week (be wary of fake refund scams!).

ChainCatcher news, according to a post by Blur founder Pacman on the X platform, it is reported that some users are experiencing issues with the Blast ecosystem wallet Rabby Wallet, likely because they need to upgrade their Blast nodes. Pacman is asking the community if anyone can assist him in contacting Rabby Wallet.

According to ChainCatcher news and DeBank data, the Layer2 network Blast contract address launched by Blur founder Pacman holds a total asset value of approximately 910 million USD, including 800 million USD worth of ETH deposited in the Lido protocol and over 100 million DAI deposited in the Maker protocol.

ChainCatcher message, Blur and Blast founder Pacman posted on the X platform: "I've seen a lot of misunderstandings about Blast. While many of them are humorous jokes, we still need to clarify a few points:The belief that Blast is a Ponzi scheme because the returns it offers to users seem too unreal. Simply put, the returns provided by Blast (initially) come from Lido and MakerDAO. Lido's yield comes from the ETH staking yield, which is part of Ethereum's Proof-of-Stake consensus mechanism. In this case, the yield from ETH comes from Ethereum itself. MakerDAO's yield comes from on-chain T-Bills. T-Bills are the debt of the U.S. government.The reason the yields in Blast feel too good to be true is that Blast defaults this yield for everyone. It provides users with yields that are hidden in plain sight. In reality, it democratizes higher yields.The belief that Paradigm is responsible for the launch of Blast. I want to clarify that Paradigm was not involved in Blast's GTM (go-to-market strategy, which is our internal work). If they had been involved, they might have asked me to make many changes to the launch of Blast. We consulted Paradigm on the technical design of L2 (launched in February), and Paradigm had asked me to modify the GTM plan after the launch. We are actively considering their suggestions.Regarding the FUD about Blast's invitation rewards. The invitation system of Blast is not a new mechanism, and I do not like marketing mechanisms for "growth." Regarding the existence of the invitation mechanism, to take a step back, without the community, Blast would achieve nothing. As one of the first contributors to Blast, our goal is to develop the on-chain economy with the highest yielding L2 possible. A thriving L2 cannot exist without user participation, and users should be rewarded for this, which is the reason for the existence of invitation rewards."

ChainCatcher news, the founder of the NFT market Blur, Pacman, stated in a community AMA, "We do plan to allocate more than the initially set 300 million BLUR tokens to users in Season 2. If you look closely at our previous tweets about Season 2, you will find that the wording we used was not 300 million tokens, but 300 million+ tokens."In addition, Pacman did not mention any details about the allocation timing, only stating "as soon as possible." (source link)

ChainCatcher news, Paradigm co-founder Matt Huang stated on social media regarding the "public identity of Blur founder Pacman": "Namebase is one of the projects that I, along with co-founder Fred Ehrsam and partner Charlie Noyes, decided to invest in and support early on at Paradigm. We believe that no matter what Pacman does next, we will support him, and we have always been proud of Pacman and his team for building Blur."ChainCatcher previously reported that Blur founder Pacman publicly revealed his identity earlier today on social media, stating that he dropped out of high school at 17 to join Y Combinator and studied computer science at MIT, where he received a Thiel Fellowship. After leaving MIT, he created the decentralized domain name service Handshake developer Namebase and sold Namebase to Namecheap. (source link)