The Blast project leaves the arenas after raising 20M$ million dollars in October 2023
And the reason is the ongoing cost of maintaining the network exceeds the revenues
In its early days, the project provided an airdrop and strong profits to its users
These are the problems of Layer 2 (L2) projects after Ethereum’s fees became very low compared to past years
Whoever has money on the network withdraws it
And the reason is the ongoing cost of maintaining the network exceeds the revenues
In its early days, the project provided an airdrop and strong profits to its users
These are the problems of Layer 2 (L2) projects after Ethereum’s fees became very low compared to past years
Whoever has money on the network withdraws it