BlastUp Launchpad Set to Revolutionize Early-Stage Project Funding
BlastUP ($BLP) is a popular launchpad that aims to redefine how new projects raise money. The platform provides a decentralized and safe environment that helps both project teams and investors. It’s the first community-backed launchpad for new projects within the Blast ecosystem.
The platform recently launched a presale for its native $BLP tokens and raised nearly $6 million in just a few weeks, showing strong community interest and support.
Blast is a Layer-2 network, which means it is built on top of Ethereum. It aims to make transactions faster and cheaper while ensuring high scalability.
The platform has become quite popular since it launched and is now the sixth-largest chain by the total value locked in decentralized applications (dAppTVL) and the second-largest Layer-2 by TVL.
In fact, Blast is the first Layer-2 chain to reach 1 billion TVL in just 35 days and the first to offer native yields of 4% on ETH and 5% on stablecoins like USDC, USDT, and DAI.
These high yields have attracted more people to create new dApps and projects on Blast. Because Blast has such an active community, it has become a popular place for new DeFi projects. The BlastUP launchpad platform was launched to help support these new projects within the Blast ecosystem.
BlastUP allows new projects to launch easily on its portal by connecting those creating the projects with those who want to invest in them. It carefully checks and evaluates each project and keeps an eye on the performance even after launch to avoid any potential scams.
They also help new projects prepare their documents and develop a tokenomics model to help them raise funds.
It’s worth noting that BlastUp has been audited by Certik and got a grade of ‘A’ and a high score of 82+. This
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