BlastOff to Launch Multi-Chain IDOs

As you know, we’ve been labouring tirelessly behind the scenes here at BlastOff. Between the operations and the brilliant dev team, we’ve been working to bring you not only a fantastic and efficient product but also one that’s unique to the ecosystem. 

With this goal in mind, our most recent development has brought something truly innovative to the table. We’ve applied our USP of risk-free YIDOs beyond the Blast ecosystem.

We’re thrilled to announce that we have become the first-ever native-yield launchpad to offer multi-chain IDOs!

How will this work?

Now, I’m sure this will be the question on most people’s minds. How will BlastOff apply the Blast-only feature of native yield to launches on other chains? Will the launchpad be multi-chain interoperable?

Fair questions. In short, the launchpad won’t be multichain interoperable, at least at the start. We are fully committed to being a Blast launchpad. However, that doesn’t mean we shouldn’t be able to offer our services to projects across the entire Web3 world.

We’ve found a workaround. The launchpad will offer its services and allow IDOs from projects on other chains on our platform. Because of this, BlastOff users will be able to participate in the launch like any other, using USDB or ETH and the fy version of these tokens they’ve earned!

After participating, users' purchased tokens will be available through a designated claim portal, allowing them to claim their tokens on whatever chain they are situated on. This allows us to create a platform that offers the best of both worlds!

Our Focus

While we know there are many blockchains in the world now providing untold opportunities, for now, we’ve decided to focus on the smaller, up-and-coming chains.

While some great projects are launching on larger chains such as Base or Taiko, many launchpads operate in this space, making it difficult for us to initially provide exclusivity to our community.

Why Have We Done This?

Our decision to broaden our horizons and offer multi-chain IDOs stems from our unwavering focus on innovation and our desire to bring the best possible opportunities to our community. While many promising projects are emerging on Blast, expanding our reach will increase the opportunities and benefits we can provide.

Despite being committed to Blast, we see exciting movements on other chains and many projects are appearing in these areas. It’s only fitting that we bring these opportunities to you guys!

Opportunities of Multi-Chain

There are several opportunities that going multi-chain will allow for us and our community, including:

• More Projects: By opening our doors to other chains, we have access to many emerging and exciting projects! This means more IDOs and more investment opportunities for users!
• Sole Launch Partner: Launching with smaller, niche chains allows us to gain launch exclusivity for these projects. The BlastOff community will have access to these investment opportunities first and at the best prices.
• Flexibility: With the space's ever-changing tide, operating across multiple chains allows us to stay with the trend! We can work with chains currently on the hype and exciting up-and-coming projects! This also provides our community with the best investment opportunities at all times.

By not limiting ourselves to only one chain, we can allow our users the opportunity to invest in exciting projects from across the entire Web3 space.

Next Steps

If you’ve seen our recent announcement, we’re undergoing our final set of audits on the launchpad with Three Sigma in preparation for BlastOff’s next chapter! Pending the go-ahead from these audits, we’ll have several IDOs announced in the foreseeable!

Once announced, we’ll tell you everything you need to know to get involved. Remember, though, that you must stake at least some $OFF on the platform to participate.

If you haven’t already or still need to bridge your tokens from Polygon to Blast, now is the time! Our bridging incentive is ongoing, and 40 users can win $1000 OFF each just for bridging.

What is BlastOff?

BlastOff, built on Blast, is a game-changing platform combining a launchpad and yield aggregator.

It maximises user yields using Blast Native Yield and YZone, plus YIDOs, for extra returns by funding new Blast projects. Unlike other blockchains, Blast's unique infrastructure and native yield potential enable innovative, yield-focused products.

BlastOff taps into this, aiming to grow the Blast community and lead in Total Value Locked (TVL) by developing community-focused products. Our team includes experienced launchpad developers and veteran strategists to propel our mission.

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