explosion based Gambling project RiskOnBlast reportedly raised 420 ether, or $1.29 million, in a token pre-sale last week before burning through its funds on February 25, attracting investors. Website and social media account Also gone.
Blockchain fraud researcher SomaXBT said At Sunday
Cryptocurrency gambling platform RiskOnBlast was one of the participants in Blast’s Big Bang competition. Blast offers winning web3 projects the opportunity to be featured on the mainnet.
Blast is an Ethereum Layer-2 project built by Tieshun Roquerre, founder of the Blur NFT marketplace.pacman.” According to DeFiLlama, it has raised capital from several investors, including Paradigm and Standard Crypto, and has a total valuation pegged at over $2 billion. data.
Blast said X. post On February 13, RiskOnBlast said the project had “undeniable” potential. Blast could not immediately be reached for further comment.
Disclaimer: Larry Cermak, CEO of The Block, is an angel investor in Blast.
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About the author
Danny Park is The Block’s East Asia reporter, writing about topics including Web3 development and cryptocurrency regulation in the region. He previously worked as a reporter for Forkast.News, where he actively covered the fall of Terra-Luna and FTX. Based in Seoul, Danny previously produced written and video content for media companies in Korea, Hong Kong and China. He holds a Bachelor’s degree in Journalism and Business Marketing from the University of Hong Kong.