The newly launched Blast crypto project has garnered attention for its high community allocation of tokens, ranking second among recently launched Layer 2 (L2) solutions, according to data from Token Unlocks.
Blast shows the to have the second largest community allocation compared to recently launched L2.
Blast vs recent L2:
( $BLAST v $STRK v $ZK v $MANTA )
💙 Community: $ZK (50% vs 18% vs 67% vs 36%)
💚 Reserve: $ZK (8% vs 32% vs 0% vs 14%)
🧡 Private Investors: $MANTA (17% vs 19%… pic.twitter.com/guVobldBe2— Token Unlocks (@Token_Unlocks) June 27, 2024
The tracker highlighted the substantial allocation of BLAST tokens that the project team has reserved for community members. The post offered a comparative analysis featuring Blast and three other new L2s, including Starknet (STRK), zkSync (ZK), and Manta Network (MANTA).
In terms of community allocation, zkSync leads with 67%, followed by Blast at 50%. Manta Network allocated 36% of its token supply to the community, while Starknet’s allocation was half that figure at 18%.
Notably, tokens reserved for the community are used to incentivize ecosystem growth and reward liquidity providers. Airdrop campaigns are also typically funded from this allocation. The accompanying chart shows that these projects have almost completely unlocked their community allocations, with the exception of Manta Network.
Regarding the percentage of tokens held in reserve, zkSync stands out with a zero allocation. In this category, Starknet leads with a 32% reserve allocation, while Manta Network has 14% and Blast has 8%.
As for allocation to private investors, Manta Network has the highest at 24%, followed by Starknet at 19%. Blast and zkSync have the lowest, each allocating 17% of their token supplies to private investors. Notably, Starknet’s reserve allocation has been depleted.
Regarding token allocation to team members and founders, Starknet tops this category with 31%, followed by Blast at 26%, Manta Network at 18%, and zkSync at 16%. Among the four projects compared, only Manta Network has a significant allocation for public investors, while others have zero.
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