BlastUP pre-sale ends up raising over $8 million
BlastUP recently completed its presale, raising over $8 million.
BlastUP's exciting addition is the first phase of a community-backed launchpad project on the Blast blockchain.
As the crypto industry struggles for a new bull run with upcoming Blastboxes V2, airdrops and other special offers, the BlastUP community has a challenge.
BlastUP, a new launchpad platform on the Blast blockchain, has raised over $8 million in the recently completed BLP token presale.
According to details shared with CoinJournal, BlastUP The pre-sale started in February and ended on May 31. The pre-sale offered early buyers 20 percent of the total supply of 1 billion BLP.
BlastUP raised a total of $8,095,148 from nearly 20,000 participants, according to the team. Post Shared on X.
“It's been an incredible journey for us! The amount we've raised is extraordinary for the Blast L2 ecosystem. Thank you for your unwavering commitment, encouragement and belief in our vision. We couldn't have done it without you,” said the BastUP team, acknowledging the community's support.
BlastUP token will be launched soon
BlastUP has gained a lot of attention in the Blast ecosystem, as it provides a new method for startups to secure early stage investments and allows BLP holders to invest in these startups.
BLP is BlastUP's native utility token, which holders can use to invest in new startups in tiered IDO startups. BlastUP token holders earn up to 12% APR by collecting rewards and tap into other incentive programs and loyalty rewards.
Proving the success of this model, BlastUP has seen three successful IDOs launch on the platform.
CYBRO, the AI-powered explosive product aggregator, managed an impressive $150,000 in less than a week.
The Petobots of the GameFi platform competed to earn $75,000 over four days.
JuicyBet raised $50,000 in two days for GambleFi, the Web3 multi-chain platform.
Excitement is growing around what's next for BLP as the explosive ecosystem eagerly awaits the Token Generation Event (TGE).
Some users see BlastUP latest. advertisement New opportunities like the launch of Blastboxes V2 and airdrop campaigns to earn good amounts of $BLP.
The flamboyant Explosive ecosystem community may see this as a golden opportunity for those who missed out on the BLP presale.
Development on crypto
BastUP's impressive pre-sale surge comes amid renewed buzz around crypto as Bitcoin jumps back above $71k. Memecoins have also been on a tear, with the biggest earner among altcoins today being BNB.
Elsewhere, the AI space continues to attract attention among major tech giants Google, Microsoft and chipmaker Nvidia.