KittySwap

Service-innovative Swap🐱, providing multiple web3 auxiliary tools for projects and users. Easy, convenient, and safe.

[KittySwap @KittySwapIO]

IT’S TIME TO BLAST OFF💥

🐱Discover why #KittySwap is the treasure trove of #Blast in our latest Medium article.

Merge Trading, Launchpad, and #Web3 tools🙌
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[Blast @blast]

GET READY

Mainnet will go live tomorrow, February 29 at 1PM PST (March 1 at 5AM HKT)!

[CZ 🔶 BNB @cz_binance]

gm

[KittySwap @KittySwapIO]

Monday Mood: Markets dip, but #KittySwap spirits stay high! 📉😼

Remember:
🌱 Bear markets build diamonds
🧘‍♂️ Patience is a virtue in #crypto
💪 Strong projects survive and thrive
Keep calm and #KITTY on! Your future self will thank you. 🐱🚀

#Monday #HODL #KittySwap #CryptoResilience

[KittySwap @KittySwapIO]

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[Zora @ZoraWeb3]

Blast gold allocations, new dapps, and the road head 🚀

If you care about Blast, read this post.

Today I had an insightful 1 hour call with @PacmanBlur, and I’m here to give you the lowdown.

A few days back, I posted my thoughts on the last @blast gold distribution, and today, after my conversation with Pacman, I’m ready to share the full scoop.

For clarity, I’ll first lay out the questions I asked and the answers Pacman provided. Afterward, I’ll give you my take on everything. Let’s dive in.

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Question 1: Gold allocation revisions - fair or not?

Q: Given the feedback from the community and recognizing that @scorefam_io is currently the first and only fully operational prediction market platform on Blast, do you think a revision of their gold allocation would be fair and more aligned with their contributions so far?

A: Pacman was clear: it’s unlikely there’ll be any revisions, even if the allocation wasn’t perfect.

Revising allocations would open the floodgates for every project to contest theirs, creating more problems than it solves. Moving forward, they’re thinking about ways to avoid such issues and extending support to projects that might feel short-changed.

When it comes to new dapps, Pacman agrees that categorizing them into tiers (Bronze, Silver, Gold and Platinum) is misleading since they’re still finding their footing. For now, these allocations are discretionary and reflect the judgment of the Blast Foundation, not necessarily the dapp’s quality.

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Question 2: Pacman’s connection to @predictdotfun - any conflicts?

Q: Is there any relationship between Predict and Blast, or its investors/foundation, that the community should know about?

A: Pacman assured me that there’s no connection. Neither he, the team, nor the foundation invest in dapps that haven’t launched to avoid conflicts of interest. There’s no personal relationship between Blast and Predict.

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Question 3: Rewarding pre-launch vs launched dapps - what’s the strategy?

Q: Shouldn’t higher-tier allocations go to dapps that are already live and building, rather than those still in pre-launch? Doesn’t this risk demotivating those already working hard?

A: Pacman acknowledged the complexity of this issue, likening it to the dynamics of startup fundraising. Just as startups raise capital either when they’re launching or when they’re scaling up, gold allocations work similarly.

For dapps that are already “killing it,” the decision to allocate more gold is easy. The same goes for dapps that show high potential pre-launch.

The challenge lies with those that have launched but are still grinding away without enough data to make them clear success stories.

Pacman agreed that it’s worth discussing ways to make this process simpler and more transparent. He recognizes the need for balance but also sees the merit in incentivizing promising new dapps to ensure their successful launch, which benefits the entire ecosystem.

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Question 4: Decentralizing gold allocations - does it make sense?

Q: Would it make sense to decentralize the allocation of incentives, perhaps by allowing the community to have a say in how much gold should be allocated to dapps?

A: This is something Pacman and the team have thought about extensively. He explained that while a more decentralized system sounds appealing, it could lead to vote manipulation, which would be extremely hard to control and could result in governance headaches.

Resource allocation is a critical ecosystem decision that can significantly impact the direction of Blast. In such cases, Pacman believes that a top-down approach is currently more effective, even if it occasionally causes some discontent within the community.

That said, he does see potential in finding a middle ground - a better communication channel for the community to share feedback on these decisions, rather than relying solely on social media posts.

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Question 5: Precedent for pre-launch dapp allocations - what’s the rule?

Q: Considering that a precedent has now been set for awarding gold allocations to dapps that have not yet launched, how can other pre-launch dapps pitch their platforms to receive similar benefits? If Predict was not an exception, then what is the rule?

A: Pacman emphasized that the new dapp category is still evolving and is very much experimental. He acknowledged that there would likely be updates and tweaks as they learn more about what works and what doesn’t.

For now, the focus is on encouraging new dapps to reach out and ask for feedback. A successful launch benefits the entire ecosystem, so they’re committed to having systems in place to support that.

Predict shouldn’t be seen as an exception but rather as an example of the rule - new dapps should feel empowered to engage and seek feedback.

---------

Question 6: How can dapps reach out to the Blast Foundation?

Q: Is there a publicly known process for dapps to reach out other than a DM on X?

A: Pacman acknowledged that this is an area that needs improvement. There is a type form available for new dapps to contact the foundation, which is listed in every gold distribution announcement.

However, he admitted that it’s not easily discoverable, and this is something they’re actively working on to improve.

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Question 7: Impact of disproportionate gold allocations on existing Dapps

Q: Giving 14x more gold to Predict than Scorefam can be demotivating for the latter, as it is a strong incentive for users to go with the platform that offers more gold. Considering the incentive system is often the first part of the funnel for the normal user when it comes to testing the platform, doesn’t this create a brutal and unfair scenario for Scorefam or any other existing dapp fighting huge new dapp gold allocations?

A: Pacman recognized the concern but made it clear that, in his view, incentives are always the last and least important element of a product’s success.

The key factor is positioning - if a dapp has a strong, differentiated value proposition, the gold allocation is just a bonus. It’s not what will make or break a dapp.

He drew a parallel to @blur_io early days, where the project’s success wasn’t driven by incentives but by its unique positioning as a pro-trade tool.

The incentives came later and only served to accelerate the growth that was already happening. He emphasized that if a user is only engaging with a dapp because of the incentives, that’s not the ideal scenario. The goal is to build products that retain users because of their inherent value.

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Question 8: Balancing short-term and long-term vision for Blast

Q: The community is afraid of an over-focus on the long run. Personally, I think it would be extremely valuable if there was official communication covering the short-term vision for Blast, addressing what will be implemented to make Blast fun again. Do you have something in the works?

A: Pacman agreed that this is a significant area of focus and admitted that it’s their main ongoing lesson. He reflected on the early days of Blur, where the approach was to stay heads-down and build, sharing little until they were ready to launch.

However, Blast is different - it’s an ecosystem with many stakeholders, and communication is key.

He acknowledged that as phase 2 of Blast began, the community’s desire for more involvement and transparency became clear, and the initial approach was suboptimal.

Moving forward, they are ramping up efforts to improve communication, taking cues from how Solana, for instance, effectively communicates its plans and progress. They’re committed to ensuring the community is more informed and engaged.

---------

Zora’s Take: Reflections and future direction

1. Gold Allocation for new dapps: I agree with Pacman that revising allocations post-distribution is a slippery slope, but I’m glad they’re reconsidering the tier system for new dapps. It’s a quick fix, but an important one.

2. Transparency with Predict: It’s a relief to know there’s no personal connection between Predict and Blast. This keeps the process unbiased and encourages new dapps to enter the ecosystem with confidence.

3. Startup investing analogy: Pacman’s analogy makes sense - sometimes you need to bet on potential, not just current performance. While this process is subjective, it’s clear that they value community feedback and are open to improving the system.

4. Decentralization of decisions: I asked about decentralization because I knew many of you were curious, but I stand by Pacman’s reasoning. Some decisions need to be made by those with a broader view of the ecosystem, rather than being put to a community vote.

5. Precedent for pre-launch allocations: I’m cautious about the precedent set with Predict, but I’m willing to give Blast the time to refine their process. They’ve shown a willingness to adapt, and I trust they’ll make the necessary adjustments.

6. Improving outreach for new dapps: It’s great that they’re working on making it easier for new dapps to reach out. A dedicated section on the website would be a smart move for ecoystem growth, providing transparency and support for builders.

7. Incentives vs positioning: Pacman’s right - strong positioning and value are what drive long-term success. Incentives are helpful, but they’re not the foundation. A well-positioned dapp will attract and retain users, incentives are the cherry on top.

8. Short-term excitement: I’m glad they recognize the need for short-term action to keep the community engaged. Better communication is key, and I’m optimistic that they’ll deliver on this front.

---------

Final Thoughts

The fact that Pacman took the time to have this conversation speaks volumes about their commitment to the community.

Blast is still young, and while no one expects everything to be perfect, it’s important to ensure that the short-term issues are addressed.

heir long-term vision is solid, but the focus now needs to be on clear communication and short-term wins that keep everyone excited and engaged.

I’m thankful for the opportunity to have this conversation, and I hope you find this update as valuable as I did.

Let me know your thoughts, and if you’ve got any questions, drop them below.

Zora out.

[KittySwap @KittySwapIO]

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[Blast @blast]

Blast 🤝 Arkham

[Blast @blast]

Phase 2 Gold Distribution 2 is now live!

10M Gold has been allocated to existing Dapps, and 1M Gold has been allocated to new Dapps.

A new “Culture” category has been added, and Dapps can now allocate Gold directly to assets.

Check out the highlights👇 https://t.co/35yBXwXCzp

[KittySwap @KittySwapIO]

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[Pacman | Blur + Blast @PacmanBlur]

as a builder i tend to stay heads down as it allows me to ship faster, but i hear you guys that this mindset is suboptimal from an ecosystem perspective

at the end of the day i think shipping always moves the needle more than talking, but as an ecosystem it's important that the whole community is rowing in the same direction

will be making a number of changes to communicate more/be more accessible to builders and users

p.s. gold distribution 2 will be shared this week (it will always be shared in the first week of every month)

[KittySwap @KittySwapIO]

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[KittySwap @KittySwapIO]

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[KittySwap @KittySwapIO]

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[Blast @blast]

$BLAST is now LIVE

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[KittySwap @KittySwapIO]

Did you get any airdrop?!

[Blast @blast]

$BLAST is now LIVE

You have 30 days to claim your Phase 1 airdrop👇

Phase 2 now begins: Enter the Fullstack Chain.

Our mission is to UNBANK THE BANKED.

Join us and earn Native Yield + BLAST in Phase 2!

[Binance @binance]

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[KittySwap @KittySwapIO]

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[KittySwap @KittySwapIO]

Monday vibe!

[KittySwap @KittySwapIO]

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