In a statement on Tuesday, ahead of the token airdrop planned for this week, Blast, an Ethereum Layer 2 network, said that it was establishing a foundation to manage the protocol. As reported by the X account of Blast, the decision was made to shift towards a more decentralized model of governance.
Blast’s Governance Transition to Foundation
Blast, created by the founder of the NFT marketplace Blur, announced that the governance of the protocol will be handed over to the newly created foundation soon.
This transfer will also entail control over the social network pages and the webpage of Blast, that was formerly maintained by Arcade Research – a Blast’s development company.
Until now this account and website was managed by @ArcadeResearch, a Blast development company.
As part of the transition towards a decentralized governance structure, this Twitter, the website, and governance of the Blast protocol are being transitioned to Foundation control.
— Blast (@Blast_L2) June 24,
We współpracy z: https://coingape.com/ethereum-layer-2-blast-to-launch-foundation-this-week-heres-why/
