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Blockasset Whitepaper
  • BLOCKASSET WHITEPAPER
    • BLOCKASSET WHITEPAPER
    • CONTENTS
  • ATHLETE TOKENS INTRO
    • THE PROBLEM
    • THE SOLUTION
    • WHY NOW?
    • MARKET POTENTIAL
    • OUR VISION
    • OUR ATHLETES
  • ATHLETE TOKEN ECONOMY
    • HOW IT WORKS
    • NFT ACCESS
    • ATHLETE TOKEN LAUNCHPAD
    • TOKEN SWAP - Block-Ex
    • ATHLETE MARKET CAP
    • ATHLETE TOKENS - DEFLATION
  • ATHLETE HUBS
    • INTRO
    • EXPERIENCE STORE
    • NFTs
    • TRADE TOKENS
    • Social Feed
    • GOVERNANCE
    • CHAT
  • USER EXPERIENCE
    • SOCIAL SIGNUPS
    • FIAT GATEWAY
    • USER PROFILE
    • SOLANA AND METAPLEX
  • Staking
    • TOKEN STAKING
    • NFT STAKING
  • NFT MARKETPLACE
    • NFT MARKETPLACE
    • LEGENDS NFTs
  • BLOCK TOKEN
    • BLOCK TOKEN UTILITY
    • TOKEN ALLOCATIONS
    • TOKEN VESTING
    • BLOCK TOKEN - DEFLATION
  • REVENUE MODEL
    • THE PLATFORM REVENUE MODEL
  • INVESTORS, ADVISORS, TEAM
    • INVESTORS
    • ADVISORS
    • TEAM
  • Disclaimer
    • DISCLAIMER
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  1. BLOCK TOKEN

BLOCK TOKEN - DEFLATION

BLOCK token staking

Users can stake BLOCK tokens to access the athlete IDOs, in addition, all stakers will receive 30% APR on their staked tokens. When tokens are staked they are removed from the open market, reducing the supply.

Athlete IDOs

Each athlete will have a token pre-sale for their own token, with at least 25% of token pre-sale funds used to purchase BLOCK and then used in the smart contract for the token bonding curve, locking away BLOCK supply. As more athletes release tokens, more BLOCK is purchased off the open market and locked away reducing the BLOCK supply on markets. Athlete tokens on the bonding curve will be readily available to swap for BLOCK, but the majority of the tokens will be locked into the contract.

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Last updated 2 years ago