Blast (Layer 2 Network)

Blast is a unique Ethereum Layer-2 (L2) blockchain platform that gained significant attention for being the first L2 to offer native yield for both ETH and stablecoins. Founded by the creator of the NFT marketplace Blur, known as Pacman, the brand's origins are deeply tied to the Ethereum ecosystem and the decentralized finance (DeFi) space. Unlike traditional consumer products, Blast is a digital infrastructure product launched to improve transaction efficiency while providing automated returns to its participants.

Technologically, Blast is built on optimism-based rollups. Its 'manufacturing' or operational presence is not tied to a single physical factory but is instead distributed across a global network of decentralized nodes and cloud computing servers. The development team and the core organization behind the protocol are primarily remote-first, reflecting the borderless nature of modern blockchain technology.

The brand is ultimately owned and governed by its core development team (Blast Foundation) and its community of token holders. It received significant initial backing from prominent venture capital firms like Paradigm and Standard Crypto, which provided the financial foundation for its rapid growth. As of 2026, the network continues to operate as a critical piece of Ethereum scaling infrastructure.