The cross-chain launch platform Blastlaunch will conduct a fair sale of the token $BTL at 9:30 tonight on March 12th. The $BTL token will first circulate on the Ethereum mainnet and be migrated through a self-built cross-chain bridge after the mainnet goes online. to blast network. The official conducted a week-long testnet airdrop event last week to incentivize early contributors. According to the official white paper, the total number of $BTL tokens is 100 million, of which 50% will be reserved for ecological incentives, 13% for investor shares, 12% for adding liquidity, 10% for airdrops, and 10% for reserve As team tokens, the last 5% is used for daily operations. In addition, according to the official Twitter, the initial liquidity of the launch is 45E+12 million tokens, and the initial market value is 1.5Million.
Blastlaunch is implementing a new mechanism through its user-driven IDO launch platform to ensure launch fairness and efficiency can co-exist. The project ecology mainly includes four major sectors, IDO launch pad, token exchange, token pledge, and cross-chain bridge. The launch pad, token staking, and cross-chain bridge functions will be launched in the first version, while the token exchange function will be launched in the second version.