Uncovering Pacman, Founder of Blast: From a 16-Year-Old Dropout to a $1.6 Billion TVL Business Empire
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Uncovering Pacman, Founder of Blast: From a 16-Year-Old Dropout to a $1.6 Billion TVL Business Empire
Can Pacman change market sentiment again?
Navigating Web3 tides with focused insightsAuthor: Pix
Compiled by: TechFlow
This is Pacman, who dropped out of school at 16. Now, he owns a multi-billion-dollar empire. Here’s the untold story behind the founder of Blast and Blur.
When he was a teenager, Pacman wanted to start a company. So at age 16, he cloned an existing startup and got himself hired by them. To work there, he dropped out and moved across the country—within a year, his entire life had changed.
At just 17, Pacman founded StrongIntro, a platform helping tech startups build and scale their engineering teams. Despite his efforts, getting into YCombinator and raising $120,000, the venture didn’t succeed as hoped. This setback brought him back to square one.
Pacman realized his next venture needed a co-founder. He decided to look in the best place possible: university. After spending two years at MIT, he finally found his business partner, Anthony Liu. Their partnership solidified when Pacman received the $100,000 Thiel Fellowship grant, allowing him to drop out again and launch a new startup.
(See video)
Together with Anthony Liu, Pacman launched Namebase, a marketplace for on-chain website domains. The platform quickly gained traction, surpassing $10 million in trading volume within three months and raising over $5 million. The company succeeded, but they chose to sell it after two years.
(See video)
In 2021, Pacman discovered NFTs and was instantly captivated. His first NFT purchase (Blitmap) earned him 30 ETH, further fueling his interest. He began writing about the space and diving deep into its mechanics. However, he noticed a significant lack of infrastructure in the NFT ecosystem.
In October 2022, Pacman took decisive action and created Blur, an NFT marketplace. Within a year, Blur became the largest NFT marketplace, thanks to key features and strategic airdrops. Despite criticism and claims that “Blur killed NFTs,” the platform’s success was undeniable.
(See video)
Not content with this achievement, Pacman launched Blast—the first L2 solution with native yield. Initially, the project faced massive FUD (fear, uncertainty, and doubt). But once Blast exited testnet, it experienced explosive growth, with users rushing in to claim airdrops.
Fast forward to today:
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Season 1 airdrop has been released.
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Blast has $1.68 billion in total value locked (TVL).
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Over 1 million wallets connected to the platform.
Despite these achievements, Blast still faces FUD, and the biggest question remains: Can Pacman shift market sentiment again?
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