BLAST coin issuance price, total amount and white paper introduction

BLAST's initial price was reportedly $0.01 in a private presale, with a total issuance of 200 quadrillion tokens, 50% reserved for future issuance.

Jan 02, 2025 at 11:34 am

Key Points:

• BLAST Price at Issuance
• BLAST Total Issuance
• Overview of BLAST Whitepaper

BLAST Price at Issuance

The initial price of BLAST at issuance was not publicly disclosed. However, some sources indicate that it was sold in a private presale at a price of $0.01 per token.

BLAST Total Issuance

The total issuance of BLAST is capped at 200,000,000,000,000 (200 quadrillion) tokens. Of this amount, 50% was reserved for future issuance, 30% was allocated to the development team, and the remaining 20% was offered to the public through various channels.

BLAST Whitepaper Introduction

The BLAST whitepaper outlines the project's vision, mission, and technical details. Key highlights include:

• Vision: To build a decentralized cryptocurrency network that empowers individuals and transforms the financial landscape.
• Mission: To create a scalable, secure, and interoperable blockchain that fosters innovation and economic inclusion.
• Technology: BLAST utilizes a proof-of-stake consensus mechanism, enabling transactions to be processed quickly and efficiently with minimal energy consumption.
• Governance: The BLAST network is governed by a decentralized autonomous organization (DAO), which ensures that the community has a say in the project's direction.
• Use Cases: BLAST is designed to facilitate various applications, including payments, remittances, decentralized finance, and smart contract execution.

Frequently Asked Questions (FAQs)

Q1: What was the price of BLAST when it was first released?
A1: The initial price of BLAST was not publicly disclosed, but sources indicate it was sold for $0.01 per token in a private presale.

Q2: How many BLAST tokens will be issued in total?
A2: The total issuance of BLAST is capped at 200 quadrillion tokens.

Q3: What are the key features of the BLAST project?
A3: BLAST is a decentralized cryptocurrency network that utilizes a proof-of-stake consensus mechanism, is governed by a DAO, and is designed for a variety of applications.