Gaming : BlockGames

4oFb...29rR
27 Mar 2024
1

BlockGames is building a Player Network with Universal Player Profiles that unlock real data economies. This new paradigm empowers the next wave of innovative publishing applications and gaming experiences driven by rewards.
The BlockGames Player Network is developed by BlockGames Labs.
As gamers engage with games, every action they take contributes to their detailed digital profile, weaving a rich narrative of their gaming journey. However, this valuable data is frequently misused by big tech companies, which fail to recognize its potential to enrich and broaden the world of mobile gaming. Such misuse erodes trust among players and undermines the gaming experience, consequently restricting the industry's capacity for growth and innovation.
$BLOCK is the native currency of BlockGames Player Network, acting as the primary medium of exchange between players, games, and applications.
Initially, it will serve as the gas token for data transactions, enabling the writing and reading of player data across the Player Network. Furthermore, the $BLOCK token will be distributed to all network participants, ensuring their interests are aligned with the expansion of the BlockGames Player Network. Lastly, $BLOCK will facilitate various transactions, including purchases and item synchronization, across connected applications to BlockGames.
$BLOCK is the BlockGames native token, which serves as the medium of exchange between players, games and applications, streamlining transactions within the Player Network. The BlockGames tokenomics were designed with community and the growth of the Player Network.

  • Community Pre-sale (5%) - 15% unlock at TGE, a 6-month cliff with a 15-month linear daily vesting;
  • Community Rewards (30%) - 36-month monthly vesting;
    • Airdrop (3%) - 100% unlocked at TGE, subject to airdrop rules announced through BlockGames Application;
    • Dice Infusion (5%) - 24-month linear daily vesting;
  • Ecosystem (33%) - 36-month monthly vesting,
    • Liquidity (5%) - 100% unlocked at TGE for liquidity provision;
    • Ecosystem (25%) - 36-month linear vesting, tokens allocated only on approved governance proposals;
    • Advisors (3%) - 12-month cliff with 36-month linear vesting schedule;
  • Team (15%) - 9-month cliff with 36-month linear vesting schedule;
  • Investors (17%) - two investment rounds that have cliffs of 9 months, with 18 & 15-month linear vesting schedules.


$BLOCK is an ERC20 on-chain token issued on the Ethereum chain, which:

  • Is fully transferable;
  • Can be staked on-chain;
  • Can be exchanged to xBLOCK (for in-app use across any of the connected applications);
  • Can be redeemed for xBLOCK.


https://block-games.gitbook.io/whitepaper




Write & Read to Earn with BULB

Learn More

Enjoy this blog? Subscribe to Mandapra

0 Comments

B
No comments yet.
Most relevant comments are displayed, so some may have been filtered out.