# Blast Launches Foundation Ahead of Airdrop

*Author: Jack Inabinet*
*Published: Jun 24, 2024*
*Source: https://www.bankless.com/blast-launches-blast-foundation-ahead-of-airdrop*

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Ethereum’s Blast L2 is announcing organizational changes ahead of its June 26 airdrop.

### **What’s the scoop?**
- **New Foundation: **A new Blast Foundation has been created to help its community realize the “Blast Vision,” details for which are slated to be released publicly alongside the BLAST airdrop on June 26.
- **Handover of Control:** The transition process will handover control over the Blast Twitter account, the Blast website, and Blast protocol governance from Arcade Research (Blast’s developer) to the Blast Foundation.

### **Bankless Take:**
Although today’s introduction of the Blast Foundation revealed little about the role this group will play in the Blast ecosystem going forward, it will likely receive a substantial BLAST allocation to conduct grants programs, institute token incentive initiatives, and steward the community in achieving the “Blast Vision.”

> Introducing the Blast Foundation.The Foundation was created to support the community in achieving the Blast Vision, which will be shared publicly on June 26.— Blast (@Blast_L2) [June 24, 2024](https://twitter.com/Blast_L2/status/1805256960230744463?ref_src=twsrc%5Etfw)