Following the early access launch of the controversial new Ethereum Layer 2 network Blast, Paradigm, which led Blast’s seed round along with Standard Crypto, has spoken out against the project’s tactics.
Dan Robinson, head of research at Paradigm, wrote in a post on I said I was crazy. “We also believe that much of marketing saves work costs for serious teams,” Robinson added.
Paradigm approached the Blast team with concerns, but “there were still a lot of disagreements,” Robinson said. “We do not support these kinds of tactics and do not take our responsibility to the ecosystem seriously.”
But Robinson also praised Blast founder Tieshun Roquerre, also known as Pacman, for defending the network against critics this week. While working on Blend with Roquerre and his co-founders, Robinson said, “I got to witness firsthand their incredible technical talent.” “We still think they are a world-class builder who can deliver an L2 that provides value to the ecosystem.”
Roquerre, who founded NFT marketplace Blur, said Paradigm asked him to change the protocol after launch and that changes are being considered, but the final decision will be made by the Blast team.
Disclaimer: Larry Cermak, CEO of The Block, is an angel investor in Blast.
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