BlastUP is a popular launchpad platform within the Blast ecosystem that aims to redefine how new projects raise money by providing a decentralized and safe environment for both project teams and investors. The platform recently launched a presale for its native $BLP tokens and raised nearly $6 million in just a few weeks, showcasing strong community interest and support. Blast is a Layer-2 network built on top of Ethereum that aims to make transactions faster and cheaper, while ensuring high scalability. It has become quite popular since its launch and is now the sixth-largest chain by total value locked in dApps and the second-largest Layer-2 by TVL.
BlastUP empowers new projects to launch easily on its portal by connecting project creators with investors, carefully evaluating each project and monitoring performance post-launch to prevent potential scams. The platform also assists new projects with preparing documents and developing a tokenomics model to raise funds. BlastUP has been audited by Certik and received a grade of ‘A’, placing it in the top 10% of projects on Certik’s list. Another reputable company called Assure DeFi has also approved BlastUP’s identity checks. The launchpad has successfully completed its first IDO with a project called Cybro raising $140,000 in its presale, exclusively available to $BLP token holders. $BLP offers utility on the platform, granting access to special IDO launches and rewards for staking tokens.
Staking $BLP tokens for 3, 6, or 12 months allows participants to earn rewards and secure guaranteed spots in BlastUP IDOs. The amount staked determines the IDO tier and token allocation, with six tiers ranging from 2000 to 100,000 $BLP. Staking enables participants to grow their $BLP holdings and gain early access to new projects. BlastUP uses a portion of funds raised from IDOs to buy back $BLP tokens, potentially increasing the token’s value over time. A referral program allows supporters to earn Booster Points, which can be used to enter raffles for Blastboxes containing prizes such as NFTs, ETH/USDB, and Booster Points.
The ongoing presale for $BLP tokens will continue until 31 May or all 200 million tokens are sold. Early buyers can obtain $BLP for $0.06, which will increase to $0.065 in the next stage. Over 111 million tokens have already been sold, bringing the platform close to its $6 million milestone. BlastUP has plans for staking programs, an NFT collection, and the use of AI to select the best IDOs in the future. The platform encourages interested buyers to follow BlastUP on social media platforms and join its Telegram channel for the latest presale updates. The strong community support and trust in BlastUP’s platform indicate promising growth and potential success in the future.
