Here Xaxio.eth , if you are a Blast Developers you know me well.
and if you are a Blast users you probably heard my voice in some X space.
Now that with TGE the first season of Blast is completed,
is the best moment to collect feedback and suggestions to start in the right way
the next epoch.
Both are important the suggestions from the project teams as well as the Blast Users.
Which have been the strength points and what the things that need to improved
from the Blast team ?
Letās start here an open stage discussion that then will move in more organized thread and proposals.
First off, letās have more thorough investigations on teams when distributing gold because some teams have suspicious activities that warrant users to not use their protocol at all (DISTRICT ONE)
Some projects āfarmed the farmersā and collected lots of money in ETH. Wolf Game for example received 500 dollar from me for items and I received just 2 Blast Gold back, even if I grinded for some hours. There was no whale protection as whales were able to farm all the gold in the game and we as non-whales were left behind.
This was more of a ārich get richerā instead of āmake the active community richā system. I think that after knowing that, such peojects should be notified that they should limit whale activities and incentivize non-whales to use their DAPPs to earn some good amount of points for the next airdrop.
Hereās what I think to move the ecosystem forward.
We need a killer desktop/mobile wallet that we can onboard people easily from web2.
After that we need to have use case like people can use BUSD for business or consumer use.
Marketing initiative like going into expo or events. Like TOKEN2049 or something like SOLANA breakpoints. We need people out there to network and shill.
Make BLAST NFT great again. To be honest, people are chasing out BLAST for ETH NFT. I think BLASTOPIAN can be a good start but we need something unique from there otherwise we need a bluechip for people to get interested into it.
we need BLAST chain to be in CEX like crypto.com etc
BLAST have the TPS but the only thing itās lack off is just bringing people into the ecosystem. We need BLAST to be the first platform for people to join. Like skip all the CEX, getting ETH and bridge. We need it to be native, people download the wallet, buy bETH and start using the ecosystem.
This was more of a ārich get richerā instead of āmake the active community richā
how would you improve that specific case ? If the return was so low based on what you say even whales would have interacted at a loss, or there are was a non-linear mechanism ?
really great observations, let me ask you something more about:
can you make a successful example of this on another chain ? from my experience the most comfortable user experience is when you can interact with a new chain with Rabby and Metamask, Starknet required Argent and was just an entry barrier.
How would you reach this goal from the Blast team side ? is the market that make the price, Blast canāt form a community by himself, what could be their role in helping to reach your vision ?
Blast is now on Coinbase and bybit, why you say that cryptocom would be a useful addition ?
this is really interesting, exaclty what Blast vision says, super interesting to discover what are the steps to reach it.
PHANTOM, you download the APP. You can buy USDC with fiat from the app. Thereās no need for CEX>KYC>SEND>WAIT and vice versa
This will be another initiative where the NFT founder and community need to kick start something, an IDEA that brings attention to the web2 people. BLAST team could potentially fund the initiative
Because im from Singapore and crypto.com is one of the best CEX here
Definitely need bigger brains than what Iām saying now but I think we can take 1 step at a time. The existence of crypto was to solve traditional financial system problem like difficult to access, canāt trade 24/7, etc and $BLAST can focus on fixing that problem.
To do that first we need an APP that is super convenient in terms of onboarding, UI and UX. That is the very first thing we need. With that users could slowly explore the potential in it like business transaction (eg WISE) or personal transaction. Then we have another thing like 24/7 investment etc. This goes all the way to NFT etc but most importantly a good FULLSTACK APP first
The biggest improvement blast can do is to pay binance money and get the token listed , it eases the on-boarding process for many retail especially when we are trying to unbanked the bank
That would be still in a CEX, would suggest to put more resources into building a killer dApp first. People wonāt buy $BLAST if thereās nothing to use on
nah i disagree, if token continue nooming then there wont be enough incentive for TVL to stayā¦ We wouldnāt even get to the chasm stage (in pacmanās word)
where does the TVL from? To be honest, liquidity is just circling around right now. Thereās no new money coming in.
To convince bigger whales to come in, you need activity on chain. Real user, not farmers. TVL going down now because farmers are selling. True value only comes in when they are real user. But question is, what use case do we have? none hence we need to create it.
liquidity providers are profit maxis and cant give 2 shit about āReal usersā, thus we need to build some goal alignment thru incentives or yield from the users
keep in mind theres a bunch of incentivised program on-going in crypto thats gonna vampire away the liq on blast if the token doesnt moon. blast is gonna have difficulty with user retention if they cant address liq providers
so im not really sure what killer dApp that u might be suggesting - thats gonna benefit $blast token holders
You really think money will magically appear? Your yields or incentives are from somewhere but where is from? VC? Angel Investor? If you want more yields or incentives you gotta need some story/narrative? or real user that willing to spend in the ecosystem?
You can LMAO as much as you want, without activity yes it is a dead chain but your mindset are mostly for quick exit hence asking for more money to pump your bags because you are down bad?
Come on, thereās no reason to take this as a personal attack. We just want what is best for blast right?
I just find ur suggestion obtuse and short-sighted despite my best effort to try and explain it to you. Please donāt get upset, I donāt take things personally - neither should u