Uncovering the inside story of Blast founder Pacman: From dropping out of school at 16 to building a business empire wit

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Original author: Pix

Original translation: TechFlow

This is Pacman, the man who dropped out of school at 16. Now he owns a multi-billion dollar empire. Heres the untold story behind the founder of Blast and Blur.

Uncovering the inside story of Blast founder Pacman: From dropping out of school at 16 to building a business empire wit

Since he was a teenager, Pacman wanted to build a company. So at 16, he cloned an existing startup and was hired by them. He dropped out of school and moved across the country to work there, and within a year, his entire life changed.

At just 17 years old, Pacman founded StrongIntro, a platform that helps tech startups build and grow engineering teams. Despite his hard work, he passed YCombinator and raised $120,000 in funding, but the project didn鈥檛 pan out as he had hoped, and the setback brought him back to square one.

Uncovering the inside story of Blast founder Pacman: From dropping out of school at 16 to building a business empire wit

Pacman realized he needed a co-founder for his next venture. He decided to look in the best place possible: college. After two years at MIT, he finally found his business partner, Anthony Liu. Their partnership was further solidified when Pacman received a $100,000 Thiel Fellowship, which enabled him to drop out of school and launch a startup.

Uncovering the inside story of Blast founder Pacman: From dropping out of school at 16 to building a business empire wit

(See video for details)

Together with Anthony Liu, Pacman founded Namebase, an on-chain website domain name marketplace. The platform quickly gained traction, with over $10 million in transactions in just three months and over $5 million in funding raised. The company was successful, but they decided to sell the company after two years.

Uncovering the inside story of Blast founder Pacman: From dropping out of school at 16 to building a business empire wit

(See video for details)

In 2021, Pacman discovered NFT and was immediately attracted. The first NFT he purchased (Blitmap), earned him 30 ETH, which further sparked his interest. He began writing articles about the field and delving into its details. However, he noticed a significant lack of infrastructure in the NFT ecosystem.

Uncovering the inside story of Blast founder Pacman: From dropping out of school at 16 to building a business empire wit

In October 2022, Pacman took decisive action and created Blur, an NFT marketplace. Within a year, Blur became the largest NFT marketplace, thanks to a few key features and strategic airdrops. Despite some criticism and comments like Blur killed NFTs, the platforms success is undeniable.

Uncovering the inside story of Blast founder Pacman: From dropping out of school at 16 to building a business empire wit

(See video for details)

Not content with the status quo, Pacman launched Blast, the first L2 solution with native yield. Initially, the project faced a lot of FUD (fear, uncertainty, and doubt). However, once Blast came out of the beta phase, it experienced explosive growth with people flocking to get their hands on the airdrop.

Uncovering the inside story of Blast founder Pacman: From dropping out of school at 16 to building a business empire wit

Fast forward to now:

  • The first season of airdrops has been released.

  • Blast has a total locked value (TVL) of $1.68 billion.

  • Over 1 million wallets connected to the platform.

Despite these achievements, Blast still faces FUD, and the big question is: Can Pacman change the market sentiment again?

Uncovering the inside story of Blast founder Pacman: From dropping out of school at 16 to building a business empire wit

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This article is sourced from the internet: Uncovering the inside story of Blast founder Pacman: From dropping out of school at 16 to building a business empire with a TVL of $1.6 billion

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Original article by Nina Bambysheva, Forbes Original translation: Luffy, Foresight News Last month, lawyers overseeing FTXs bankruptcy case submitted a reorganization plan that would not only fully compensate almost all customers but also give them an additional 18% interest. If most creditors and the bankruptcy judge agree to the plan, checks for compensation will be mailed within two months. The amount of compensation paid by FTX is a considerable sum, as is typical in bankruptcy cases. Few creditors have been paid in cash, and some have had to wait years to recover a small portion of their claims. FTX creditors are among the lucky ones, but not everyone is ecstatic. Some are upset because they can’t get their original cryptocurrency back from the exchange. Instead, customers will be compensated in…

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