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The allocation of the BLOCK token is as follows. Please note that Blockasset reserves the right to adjust these allocations prior to the token sale if it is deemed in the best interests of the project
A small percentage of supply for long-term partners. This is 6,808,511 tokens (2% of the token supply). Community Private Sale
We conducted two private sale rounds to raise the initial capital required to build the platform and fund the business until bootstrapped and self-sustaining. A total of 25,681,269 BLOCK tokens (8% of the token supply) were allocated to the first round of the private sale. A total of 12,354,992 BLOCK tokens (3.8% of the token supply) were allocated to the second round of the private sale.
To ensure that the token is liquid and that new participants can enter the ecosystem 40,000,000 BLOCK tokens (12.5% of the token supply) will be allocated to various exchanges.
A further 80,000,000 BLOCK tokens (25% of the token supply) are allocated to the ecosystem as rewards for token stakers, airdrops to incentivize growth and create an engaged community.
32,000,000 tokens (10%) are set aside for the Blockasset team.
To maintain the long-term health of the platform and mitigate future business risks, there are 80,000,000 BLOCK tokens (25% of the token supply) held in reserve.
Our business model is premised on strategic partnerships with athletes, sports agencies, and service providers in the blockchain space. We have 38,539,843 BLOCK tokens (12% of the token supply) allocated to fund strategic partnerships.