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The blockchain network Blast is on the brink of a transformative moment with its total value locked (TVL) soaring to $2.1 billion, heralding its mainnet’s impending launch. This pivotal moment is not only a financial milestone, but also a beacon that illuminates the vast potentials of the Web3 ecosystem and the inherent challenges.

The Promise of Blast – Unleashing the Creative Potentials

Blast is a promising platform that offers a unique combination of opportunities for artists and creators. This could redefine the world of art. Blast’s strategic focus on rewarding whales and DApp Developers through an $Blast token Airdrop is poised for significant attention and investment. This influx in resources and interest can, in turn, create a vibrant ecosystem that is fueled by low entry fees and the potential of substantial rewards through the airdrop.

The discussion about allocating airdrop money, including a contest that allocated 4% to winners, has also highlighted the potential of generative art platforms at Blast. This focus not only highlights the network’s commitment to innovation but also positions it as a fertile ground for artists exploring new frontiers in digital creation.

The Double-Edged Sword, Navigating the DeFi-Dominated Waters

However, the journey on Blast’s blockchain is not without its perils. Purists who adhere to the ideals and principles of digital ownership, artistic integrity, and DeFi (Decentralized Finance), are at odds with the prevailing ethos within the Blast ecosystem. This DeFi dominance raises concern about the overshadowing by DeFi of art-focused initiatives. “degen”Projects could dilute the essence of what artists are looking for in the blockchain space, namely a platform which values and prioritizes the work and principles of the artist.

The Inevitable Migrating: Layer 2 Solutions

Despite these challenges the migration of art to Layer 2 (L2) solutions appears inevitable. It offers a pragmatic way forward. L2s are expected to solve some of the liquidity problems that plague art NFTs, by providing faster and cheaper transactions, while maintaining security. This shift may democratize access for artists to blockchain technologies, especially those that are not yet established. It will level the playing field, and make it more affordable to mint NFTs and trade them.

Conclusion: Navigating with Cautious Hope

As a result, Blast’s mainnet launch approachesThe art community is at a crossroads. The platform’s potential to revolutionize how art is created, shared, and valued is immense, but it requires careful navigation of the DeFi-dominated landscape. For artists and creators, the key will be to leverage Blast’s innovative features while staying true to the core values of digital ownership and artistic expression.

The Blast Mainnet points API is designed to allow smart contracts to earn two types of points and distribute them. “Blast Points”The following are some examples of how to get started: “Blast Gold,”Users are rewarded with points for the growth of dapps. At first, only externally-owned accounts (EOAs), can earn points by bridging assets with Blast. However, after the mainnet launches, smart contracts based on TVL will be eligible.

Key Features

• Blast PointsThis feature is designed to encourage the use of dapps. Smart contracts can distribute points earned by bridging assets to users (ETH/USD). This feature is designed to encourage users to deposit money into smart contracts, by allowing them to redirect bridged assets points back to the users.
• Blast Gold (Developer points)After the mainnet, these points are manually distributed to smart contracts in order to fuel dapps growth and create value on a long-term basis. Dapps will be expected to redistribute these points at 100% to users. The distribution will be based on both objective and subjective criteria, including dapp traction and alignment with Blast’s features.

Integration Details:

• Smart contract operators can integrate with the Blast Points API by configuring their contracts to be compatible with the API’s authentication mechanism and managing points distribution through an off-chain script.
• The API supports a variety of operations, such as submitting and cancelling batches of point transfers and checking the balance of these transfers.
• You can test the API using the staging environment provided by the document.

Security and Compliance

• The document stresses that attempts to create liquid substitutes for Blast Points or Blast Gold would result in rewards being nullified. It also highlights the focus on real dapp growth, and user engagement.

TL;DR

Blast blockchain is a complex and promising landscape for artists. It combines opportunities with challenges arising from its DeFi-centric philosophy. Despite this, migration to L2s can democratize art distribution and creation, indicating an inevitable shift toward a more inclusive, equitable digital art universe.