Blockasset is radically transforming how fans engage with their favorite athletes. Built on the robust Solana blockchain, Blockasset introduces the concept of Athlete Social Tokens, a shared asset controlled by both fans and athletes. This pioneering approach offers fans direct access to exclusive athlete experiences, taking fandom to unprecedented heights. With icons like Wayne Rooney, Michael Bisping, and Khamzat Chimaev on board, Blockasset is set to redefine the fan-athlete relationship. Discover how this platform incentivizes athletes to reward their loyal fans and creates a thriving, interactive community. Dive in to learn more about the future of sports fandom with Blockasset.

What is Blockasset?

Blockasset is an Athlete Social Token platform, built on Solana. Blockasset athlete tokens are a shared asset controlled by fans and athletes alike. They allow fans direct access to the athlete’s experience with features that incentivize athletes to grow and reward their fanbase.

Blockasset has a number of world-famous athletes on board, including sporting legends Wayne Rooney, Michael Bisping, and Alex Ovechkin, all of whom are partners & investors. Additionally, superstars like Khamzat Chimaev of the UFC and Heavyweight Boxing Champion Oleksandr Usyk, plus over 30 more athletes that are yet to be announced, are part of the platform.

What is the BLOCK Token?

Blockasset allows fans to invest directly into their favorite athletes through the BLOCK token, the main trading pair for all athlete tokens. Additionally, fans can use the BLOCK token to access athlete IDOs via the Athlete Launchpad, akin to DAO Maker or Binance Launchpad, but specifically for Athlete Social Tokens.

How Does It Work?

Using an intuitive and interactive social platform, seasoned crypto investors and first-timers alike can easily buy, sell, and trade athlete tokens, attaching their investments directly to athlete experiences, NFTs, media, and governance. BLOCK acts as the gateway to all athlete tokens.

Fans can use their tokens to access unique perks, including athlete governance voting, exclusive content, athlete experiences, memorabilia, and more. This means fans and athletes can mutually benefit from an athlete’s success.

Fans will be able to spend their athlete tokens on the athlete’s own ‘Experience Store’, where fans can purchase priceless experiences and items directly from the athlete, from Facetimes to sporting event watch parties with the athlete and other fans, training videos, signed memorabilia, real-life meetups, and so much more. Via the governance system, fans can even vote on what they want to see in the experience store.

When a fan purchases an experience, a percentage goes directly to the athlete, and the remainder is burned, removed from the circulating supply. As a result, the more experiences the athletes offer, and the more fans engage, the more tokens are burned, and with this comes more demand, creating a healthy token economy for all involved.

Blockasset puts an athlete’s brand back in control of the two most interested parties—the athlete and their fans.

The Blockasset platform with athlete token trading BETA goes live in December 2022 with a full suite of athlete pages, including DEX, marketplace, store, games, and more.

How Many BLOCKASSET (BLOCK) Tokens Are There in Circulation?

The total supply of BLOCK is 320 million, minted at its launch in December 2021 and distributed to early contributors with no public sales beyond what was made available through exchanges. The token distribution is as follows:

• 2% – Seed investors
• 12% – Token sale
• 11% – Team
• 12.5% – Advisory & partnerships
• 25% – Reserves
• 25% – Ecosystem
• 12.5% – Liquidity

Initially, BLOCK launched as an SPL (Solana) token, but it was later also designed to be BEP-2 and ERC-20 compatible.

Where Can I Purchase BLOCK Tokens?

BLOCK is available from our own trading page at trade.blockasset.co with a Solana wallet.

BLOCK can also be purchased on the following exchanges:

• [Pancake Swap]
• Raydium
• Gate.io
• Uniswap.

Token Market Data

• Current Price: $0.0742
• Market Cap: $0.00
• 24h Price Change: 9.25%
• 7d Price Change: 5.93%
• 30d Price Change: 39.40%
• 24h High: $0.0780
• 24h Low: $0.0657
• All-Time High: $0.5486 (2022-01-18T15:10:00.000Z)
• All-Time Low: $0.0155 (2022-12-19T20:07:00.000Z)
• Circulating Supply: 0.00
• Total Supply: 320,000,000.00

Purpose and Utility of the Blockasset Crypto Token

The Blockasset crypto token, known as $BLOCK, is the native utility token of the Blockasset platform. The token serves a variety of purposes within the platform's ecosystem, primarily providing access to specific products and services.

The main problem that Blockasset aims to solve with its token is the inaccessibility of popular NFT collections and platforms due to the limitations of the Ethereum blockchain, such as high fees and congestion. To address this issue, Blockasset is building on the Solana blockchain, which offers lower fees, higher throughput, and lower latency. This aims to minimize the barrier to entry and make NFT collectibles and experiences as popular as traditional ones.

The $BLOCK token provides utility in several ways:

1. Staking: Users can stake $BLOCK tokens to access NFT rewards, airdrops, and marketplace discounts.
2. Yield Farming: Users can yield farm a secondary token, nBLOCK, which is used for listing and purchasing exclusive NFTs.
3. Governance: Holders of $BLOCK tokens can vote on new NFT collections, experiences, and tiers, helping to govern the platform.
4. Avatar Creation: Users can create a unique Blockasset NFT avatar upon signing up to the platform, which can be sold on the Blockasset marketplace.
5. Marketplace: The Blockasset marketplace provides an open and transparent market for buying/selling NFTs with speedy transactions and ultra-low fees, where $BLOCK tokens can be used to boost listings.
6. Fiat Gateway: Blockasset's fiat gateway allows those with zero-crypto knowledge to purchase NFTs, helping to provide exposure to their benefits.

Tokenomics and Distribution Model

The Blockasset crypto token has a total token supply of 320 million BLOCK tokens. The circulating supply is not explicitly stated in the provided sources, but the market cap of $12,401,634 USD