Pulsechain has cemented its stance as the ideal Ethereum alternative. By leveraging the premier DApp network’s impeccable security and a smart segue from the energy-consuming Proof-of-Work (PoW) algorithm to Proof-of-Stake (PoS), Pulsechain has been touted as the best Layer-1 solution to all of Ethereum’s existing problems.
Pulsechain is home to hundreds of amazing projects and BLASTAR, a revolutionary meme token is one such.
What is BLASTAR ($BLAST)?
is a meme token designed to celebrate the first game Elon Musk coded. Launched on Pulsechain, BLASTAR aims to piggyback on Musk’s unrivaled influence in the booming meme market. It allows holders to claim dividends in real time.
Since its launch a few weeks ago, $BLAST continues to dominate the Pulsechain network. At one point it became the number one non-Richard Heart token on the platform and according to data from CoinGecko, it is one of the top-selling/rated meme tokens on the platform.
Why Choose Pulsechain?
Speaking to Corey Costa Crypto Coins, BLASTAR’s lead described the decision to launch on Pulsechain as one that benefits both parties. The project was designed to be a community-oriented platform where token holders have a say in how it is run. Pulsechain offers that. It currently has thousands of users and has proven to be strongly responsive to community members over time.
In addition to leveraging Pulsechain's decentralized structure, BLASTAR will benefit from the network’s long list of advantages such as scalability, interoperability, cheaper transactions, and most importantly, dispelling entry barriers. It is exclusive to the network and is available on PulseX.
Pulsechain community members are dedicated and committed to minimizing scalability issues, thus delivering an efficient, cheap, fast, and incredibly scalable platform for developers. Per the famous Heart Law, BLASTAR'S growth is tied to Pulsechain.
BLASTAR'S Decentralized Governance Model
Like Pulsechain, BLASTAR has incorporated a decentralized governance model where occasional input from community members is recognized and duly implemented. While the team makes final decisions, BLASTAR is community-oriented and work is underway to expand community involvement in the coming stages.
BLASTAR integrates a unique redistribution algorithm designed by team members to guarantee transparent and fair token and tax distribution. This system will power the sharing of taxes ( sell tax) based solely on individuals’ token-holding pools. In essence, the more tokens you hold, the more tax dividends you receive, and vice versa.
The team further enables smart contract functionality and to ensure transparency and maximum security—the bedrock on which Pulsechain and BLASTAR were built—third-party audits have been scheduled.
Past Achievements and Roadmap
BLASTAR charges a 30% sell tax, respectively. Per the team, 85% of that percentage goes directly to holders via dividends, while the rest goes towards development and marketing.
Speaking to Corey Costa Crypto Coins, BLASTAR's team lead revealed tax redistribution is one way they aim to drive sustainability and generate more value for the token. In addition to this, BLASTAR is the fastest-growing project on Pulsechain, has amassed thousands of social media followers and token holders, and recently recorded an all-time high of $18 million.
$BLAST has a market cap of $8 million. Plans are underway to build and subsequently launch a fiat onramp/offramp system for Pulsechain.
Note: This post was published on behalf of a client. PUBLISH0X cannot guarantee the accuracy of the statements made in this post. The post should not be considered as an Publish0x endorsement of the products, services, or people mentioned.
