Updated EMV Repository including BLAST: https://docs.google.com/spreadsheets/d/1843mEciZzFqXpNtzq6by7Hkt52phbtSdDeeUDCKGQBg/edit?usp=sharing
Table of Updated EMV Repository including BLAST:
| Project | Winner/Loser | Environment Score | Myth Score | Vapor Score | Calibration Data/Notes | Combined Final Score |
|---|---|---|---|---|---|---|
| ARB | Loser | 3 | 2 | 1 | Already-finished product; constant grant sell-pressure; flat narrative | 28.75 |
| FTM | Winner -> Loser | 3 | 4 | 2 | Sonic hype then post-event dump; clear tech keeps Vapor moderate | 52.5 |
| GRASS | Winner | 4 | 4 | 3 | AI + DePIN mania; low-float TGE; future unlock wave adds Vapor | 68.75 |
| KAITO | Winner | 2 | 4 | 3 | Late-cycle dilution; InfoFi squeeze; utility abstract but linked | 48.75 |
| MOVE | Winner -> Loser | 3 | 4 | 5 | Elite backers + political headlines; no working chain (pure vapor) | 71.25 |
| SUI | Winner | 4 | 3 | 2 | Early-bull scarcity; “shiny new L1” dream; tech talk modest | 53.75 |
| JTO | Winner | 4 | 3 | 2 | Early-cycle Solana liquid staking leader; TVL & price in sync; credible backers; tangible utility keeps Vapor low. | 53.75 |
| TIA | Winner | 4 | 4 | 3 | Staking for airdrop flywheel; modular narrative; scarce float; Tier 1 backers. | 68.75 |
| ZRO | Winner | 4 | 4 | 2 | Elite VC backing, top bridge volumes; prestige narrative; tangible cross chain messaging tech. | 62.5 |
| STRK | Loser | 4 | 1 | 4 | Launch timing perfect but narrative vacuum; VC prestige turned to exit‑liquidity fear; usage near‑zero | 48.75 |
| ZK | Loser | 3 | 1 | 4 | Saturated L2 launch; no narrative retention; governance‑only token creates high Vapor | 38.7 |
| EIGEN | Loser | 3 | 1 | 4 | Elite TVL & VC backing, but no post‑airdrop narrative; governance‑only token keeps Vapor high | 38.75 |
| ENA | Winner | 4 | 4 | 3 | Stablecoin PM‑fit + Trump narrative; $136 M tier‑1 funding; governance‑only token leaves moderate Vapor | 68.75 |
| TNSR | Loser | 3 | 1 | 4 | Peak‑cycle Solana NFT launch; no post‑airdrop myth; governance‑only token (high Vapor) | 38.75 |
| USUAL | Winner | 4 | 3 | 4 | Stable‑coin + RWA buzzword ignition; $18.5 M tier‑1 funding; no value‑accrual → high Vapor | 62.25 |
| TAIKO | Loser | 3 | 1 | 4 | Asia‑centric $37 M raise; no post‑airdrop myth; governance‑only token keeps Vapor high | 38.75 |
| BLAST | Loser | 3 | 2 | 4 | Pre‑launch TVL frenzy; “Gold farming” hype ended on airdrop; governance‑only token leaves high Vapor | 47.5 |
BLAST — Environment / Myth / Vapor scores
| Token | E | M | V | EMV _Final |
|---|---|---|---|---|
| BLAST | 3 | 2 | 4 | 47.50 |
Scoring rationale
| Pillar | Reasoning | Score |
|---|---|---|
| Environment (E) | $20 M Paradigm raise, deep TVL inflow pre‑launch, but launched mid‑2024 into a saturated L2 market with extractive tokenomics → solid but not top‑tier. | 3 |
| Myth (M) | “Farm first, chain later” storyline drove a huge reflexive loop pre‑airdrop but died immediately after launch; little forward‑expectations narrative. | 2 |
| Vapor (V) | Governance‑only token, 17 % supply unlocked on day 1, no sinks or fee share; ongoing ambiguity and structural sell pressure → high vapor. | 4 |
Weighted base = 0.40 × 3 + 0.35 × 2 + 0.25 × 4 = 2.90 Rescaled to 0‑100 ⇒ EMV _Final = 47.50 — signalling a middling environment, weak myth durability, and high vapor risk (between KAITO 48.75 and STRK/ZK/EIGEN 38.75).
Methodology (unchanged) We continue to apply the fixed weighting you approved: EMV_Final = (0.40E+0.35M+0.25V − 14)×100\text{EMV_Final} ;=; \Bigl(\frac{0.40E + 0.35M + 0.25V ;-; 1}{4}\Bigr) \times 100EMV_Final=(40.40E+0.35M+0.25V−1)×100 Environment (40 %) — launch climate, liquidity depth, FDV, calibre of backers & listings.
Myth (35 %) — strength and longevity of the forward‑expectations narrative.
Vapor (25 %) — useful ambiguity vs. delivered utility; higher when tokens are governance‑only or unlock schedules are heavy.
Because each pillar is scored 1‑to‑5, no further normalisation is required; the linear stretch merely converts the weighted average into a percentile‑style 0‑100 score. BLAST fit neatly into this framework, so no calibration tweaks were required and the formula remains constant for future additions.
📄 Private Verification Document – Verification Section Excerpt from Aggregator Repository (BLAST Entry)
| Project | Environment | Myth | Vapor | EMV_Final |
|---|---|---|---|---|
| BLAST | 3 | 2 | 4 | 47.50 |
Rationale Summary (Scoring Justification): Environment (3): $20M Paradigm raise; massive pre-launch TVL inflow; launched into an already-saturated L2 meta.
Myth (2): Pre-airdrop reflexive hype ("Gold farming") quickly collapsed; no enduring belief loop or post-airdrop storyline.
Vapor (4): Governance-only token with no sinks, no fee share, and 17% unlocked on Day 1 → structurally high sell pressure.
EMV Calculation Reference: EMVFinal=(0.40×3+0.35×2+0.25×4−1)/4×100=47.50EMV_{\text{Final}} = \left(0.40 \times 3 + 0.35 \times 2 + 0.25 \times 4 - 1\right) / 4 \times 100 = 47.50EMVFinal=(0.40×3+0.35×2+0.25×4−1)/4×100=47.50
✅ This update preserves methodological consistency, requires no rescaling changes, and positions BLAST between STRK/ZK and KAITO as a mid-tier vapor-heavy project with a short-lived myth.