Recently, Blast, a network built on Ethereum's Layer 2, announced its third Blast Gold Distribution event, offering millions of points. This event follows the launch of its Ethereum L2 mainnet in February, which opened up nearly $2.3 billion in staked cryptocurrencies.

In this distribution program, Blast will allocate 15 million Gold points to various decentralized applications (dApps) across nine categories, including Spot DEX, Perp DEX, Lending, GameFi, SocialFi, GambleFi, Misc, NFT Infra, and a new category for real-world assets (RWA).

The allocation methodology involves weighing dApps based on their category, Blast-native status, dApp effectiveness, and incentive. Blast-native dApps receive weights of 1, 1.5, or 2 depending on their exclusivity, while others are rated from 0 to 1 based on their distribution effectiveness.

Additionally, applications are categorized as Bronze, Silver, Gold, or Platinum, with corresponding weights of 1, 5, 10, and 15. DApps with potential but lacking traction receive a fixed amount of Gold, while those with security issues or negative feedback are excluded from this round.

Blast's initiative demonstrates its commitment to supporting dApps and their communities while incentivizing innovation and participation within its network.

In conclusion, Blast's third Gold Distribution event marks another milestone in its efforts to foster growth and development within the Ethereum Layer 2 ecosystem, showcasing its dedication to expanding support for diverse dApps and use cases.