Blast, an Ethereum Layer 2 network created by the founder of the disruptive NFT marketplace Blur, said Monday that it is creating a foundation to help govern the protocol.

The announcement, made via Blast's X account, comes two days before the protocol's token airdrop, which is set for later this week.

"Until now this account and website was managed by Arcade Research, a Blast development company," according to the post. "As part of the transition towards a decentralized governance structure, this Twitter, the website, and governance of the Blast protocol are being transitioned to foundation control."

Blast said the foundation is being "created to support the community in achieving the Blast Vision, which will be shared publicly on June 26," according to a post.

Blast tokens will …