ATHLETE TOKEN LAUNCHPAD
Last updated
Last updated
Blockasset are working with Strata Protocol to launch athlete tokens with a Fair Launch Window model.
When an athlete token launches, the price will be fixed for 30 minutes. After 30 minutes, the athlete token will gradually transform from a fixed price to a square root curve. This results in upward price pressure with increased price sensitivity.
If you would like to learn more about this process, you can read on .
For now, there is no gated access to athlete token launches, however, in the coming months, we will move to a token launchpad model where access to the Fair Launch window is prioritised for $BLOCK token stakers.
To access the tokens prior to launch users will need to purchase a pre-sale NFT that guarantees the user tokens at a pre-sale price, for example, a user can purchase a Bronze Pre-Sale NFT for $100 USDC, which entitles the user to $100 USDC worth of $BORZ before the token hits the market on the bonding curve.
As we know, all athlete tokens are paired against $BLOCK, therefore a percentage of funds that are collected in pre-sale will be converted to $BLOCK, then swapped for the athlete token which is then distributed to the pre-sale user.