Starter platform new star BlastUP (BLASTUP): Token increase may exceed 115%?

I. Project introduction

 

BlastUP is the first startup platform based on Blast. It enables project teams to raise funds in a decentralized, secure, and user-friendly environment, while rewarding active participants through community incentive programs. BlastUP's mission is reflected in the short slogan "Grow faster, earn more", which combines the interests of participants and projects.

 

BlastUP evaluates potential projects, presents high-quality projects to the public, and will continue to screen them in the future. At the same time, it helps projects prepare documents and token economic models to ensure that they can raise the necessary funds for development. BlastUP token holders can receive reserved allocations in upcoming IDO projects based on the number of pledged tokens they hold.

 

II. Project highlights

 

As the first launch platform of Blast, BlastUP has the following highlights:

 

1. Project Screening and Quality Assurance: BlastUP ensures that only high-quality projects are showcased through a rigorous screening process. Project selection criteria will be continuously evaluated and optimized in the future.

 

2. Launch platform accelerator: Provide comprehensive support for the project, including document writing and token economic model design, to help the project team raise the necessary funds smoothly.

 

3. Community incentive plan: attract new users through incentive plans, reward high-active level participants, and enhance community cohesion.

 

4. Fair distribution mechanism: Users who stake BlastUP tokens have reserved distribution rights in the upcoming IDO project.

 

III. Market value expectations

 

BlastUP has a total of 1 billion tokens, with TGE unlocking 11.408%. The pre-sale ended on May 31, 2024, with a total of 145.40 million tokens sold at an average pre-sale price of $0.0557. The pre-sale unlocking plan is to unlock 20% of the tokens with TGE and a 3-month Cliff period, followed by linear unlocking within 9 months. Based on the detailed information of BlastUP and the comparison of similar launch platforms, some speculations can be made about the market value of BlastUP.

 

- Veteran Launchpad project Bounce Finance (AUCTION): fully diluted market cap 120 million USD, token price 17U

- Actively pioneering BakerySwap (BAKE) has previously launched well-known projects such as Cats, fully diluting the market value by $100 million, with a token unit price of 0.35U.

 

If the fully diluted market value of BLASTUP is the same as that of AUCTION/BAKE, the price and increase of BLASTUP tokens will be:

 

- Bounce Finance: BLASTUP token price can reach $0.12, an increase of 115.4%.

 

BakerySwap: The BLASTUP token price can reach $0.10, an increase of 79.5%.

 

IV. Economic model

 

The total amount of BlastUP tokens is 1 billion, and TGE unlocks 11.408%. Holding and staking BlastUP tokens can enjoy the following benefits:

 

1. Reserved allocation: Holders of pledged BlastUP tokens can obtain reserved allocation rights in the upcoming IDO project.

 

2. Passive income: Increase token supply through staking and farming, and use seed staking function to obtain free tokens from supported projects.

 

3. Community rewards: Active token holders can receive additional rewards through the community incentive program.

 

The distribution of tokens is as follows:

 

Private placement sales: 5% of the total (50,000,000 BLASTUP)

 

Pre-sale: 14.54% of the total (145,400,000 BLASTUP)

 

- Public sale: 2% of the total (20,000,000 BLASTUP)

 

Liquidity: 8% of the total (80,000,000 BLASTUP)

 

Airdrops and rewards: 5% of the total (50,000,000 BLASTUP)

 

-Blastboxes plan: 2% of the total (20,000,000 BLASTUP)

 

- Staking plan: 10% of the total amount (100,000,000 BLASTUP)

 

Teams and consultants: 18% of the total (180,000,000 BLASTUP)

 

- Marketing: 8% of the total (80,000,000 BLASTUP)

 

- Reserves: 27.46% of the total (274,600,000 BLASTUP)

 

Token unlock plan is as follows:

 

Private placement sales: TGE unlocks 10%, linearly unlocks for 6 months after 3 months.

 

Pre-sale: TGE unlock 20%, linear unlock for 9 months after 3 months.

 

Liquidity: TGE unlocked 100%, no Cliff period and linear unlocked.

 

Airdrop and Rewards: Unlock 20% within 21 days after TGE, linear unlock for 9 months after 3 months.

 

Staking Plan: TGE unlock 0%, linear unlock for 12 months after 6 months.

 

Team and Advisor: TGE unlock 0%, linear unlock for 24 months after 6 months.

 

Reserve: TGE unlock 0%, linear unlock for 24 months after 12 months.