On March 12th, Blastlaunch, a cross-chain launch platform, will conduct a public sale of the BTL token at 9:30 pm. The BTL token will first circulate on the Ethereum mainnet and then be migrated to the Blast network through a self-built cross-chain bridge after the mainnet goes live. The official conducted a one-week testnet airdrop activity last week to incentivize early contributors.

According to the official whitepaper, the total supply of BTL tokens is 100 million, of which 50% will be reserved for ecological incentives, 13% for investor shares, 12% for adding liquidity, 10% for airdrops, 10% for team tokens, and the remaining 5% for daily operations. Additionally, based on the official Twitter, the initial liquidity upon launch is 45E+12 tokens, with an initial market value of $1.5 million.

Blastlaunch is implementing a new mechanism through its user-driven IDO launch platform, with the project ecosystem mainly consisting of four major sections: IDO launchpad, token exchange, token staking, and cross-chain bridge. Among them, the launchpad, token staking, and cross-chain bridge functions will be launched in the first version, while the token exchange function will be launched in the second version.