Compilation: TechFlow$BLASTTokenomics has been released, with an estimated supply of 100 million gold coins and 10 trillion points. How much can they be worth? This is a tweet about the BlastFDV situation, gold coin valuations, airdrop estimates, but why don’t we talk about witches?
To recap, today, Blast Corporation announced that its total supply is 100 billion. 17% of this amount is used for S1 airdrops: 7% is used for gold coins, 7% is used for points, and 3% is used for Blurfarmers. Therefore, 7 billion Blast Tokens are available for all gold coins, and 7 billion Blast Tokens are available for all points. We don’t have official points and gold coin supply, but some estimate the gold coin supply to be around 80 million to 100 million (taking into account recommenders). In the pessimistic case, we assume that the gold coin supply is 100 million. Based on the total supply of 100 million gold coins, each gold coin is equivalent to 70$BLAST. (7,000,000,000 airdrops/100,000,000 total gold coin supply) = 70$BLAST per gold coin. Now, what’s the point situation? Points Blast's own website shows the relationship between gold coins and points "20,483 gold coins will receive as many airdrops as 2,224,255,462 points" which means 1 gold coin = 108,590 points
If we take the total amount of 100 million gold coins, We can estimate the total points supply → 10859000000000 (10.8 trillion points) Keep in mind that points earn 7 billion tokens, so approximately 0.00064463 $BLAST = 1 point 100,000 points = 64.46 $BLAST $BLAST Now we (pessimistically) estimate Out: 1 gold coin = 70$BLAST 100,000 points = 65$BLAST So how much is Blast worth? $BLAST Price Situation Comparing the FDV situation with top Ethereum L2, we can see that if Blast outperformed all top Ethereum L2 at 10 billion FDV, the token price would be $0.10.
Arbitrum is the largest L2, has the most TVL and the largest FDV. If Blast had the same FDV, the token price would be $0.083. Optimism is a close second, not because of TVL (678 million), but because of its FDV of $7.6 billion. If Blast’s FDV were the same as Optimism, the token price would be $0.076. Blast gold coin airdrop price situation 1 makes people ecstatic price → 100 gold coins = 700 US dollars neutral price → 100 gold coins = 350 US dollars pessimistic price → 100 gold coins = 140 US dollars Blast gold coin airdrop price situation 2 makes people ecstatic price → 10 million points = $650 Neutral price → 100 gold = $325 Pessimistic price → 100 gold = $130 Remember, this is just for fun and we are going over the price scenario based on guesswork. We don’t know for sure the total gold supply (the basis of this topic); we don’t know how the market will price competitor Blast; we don’t know if the gold-point relationship is up to date, nor if the total point supply OK; we don't know if the $BLAST distribution per point/coin will be linear (although I assume/think it will be). Here are my thoughts on the airdrop Overall (unfortunate market conditions aside), I think this airdrop was executed extremely well. There is no talk of witches. Smaller wallets and users are enabled through gold coins. We don't talk about witches, because the Fuzzies have to put in real work (gold) or real money (points). If tomorrow's launch goes well, I think it will be a success.
The above is the detailed content of $BLAST is about to be airdropped. How much are your points and gold coins worth?. For more information, please follow other related articles on the PHP Chinese website!
