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ATHLETE TOKEN LAUNCHPAD
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.
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.