BLT and YOLO tokens are live. What about UNAGI?
Blocto launched its native utility token today. The initial coin offering will end on July 15, 2021. BLT token’s type is FLOW, and it is trading for 0.1 USD currently. Blocto ecosystem hopes to raise 5,000,000 TOKENs with the trade. The platform accepts USDT and USDC in exchange for its utility coins. However, only 2% of the total number of 500,000,000 BLTs is available during the ICO.
Blocto is currently building a cross-blockchain ecosystem, aiming to offers its customers the best user experience available. Users can easily access various blockchains applications, NFT assets, and cryptos through this platform, regardless of which blockchains they are built on. Furthermore, developers can integrate with the identity and payment services that the company provides and create a frictionless onboarding experience.
Blocto also offers improved interoperability thanks to its smart contract wallet architecture. Its ecosystem expands exponentially, bringing blockchain to market mass adoption empowered by BLT token economy.
What is Blocto’s goal?
Blockchain is a revolutionary technology, and it has the capability to help find out fraud and bring transparency in a scalable way for a myriad of uses. Thanks to its multifaceted utility, it has brought forth new iterations of banking, gaming, and exchange applications. However, despite all those advantages, there is still a huge gap to mass market adoption due to the difficulties users must overcome to access these blockchain applications.
Thus, Blocto decided to build an entrance for people to access cryptocurrencies, dApps, and NFTs easily. It is essentially a smart contract wallets service supporting multiple blockchains. The team built an entrance to enable users fast and easy entry into the DeFi world. Customers can log in with their email, buy and sell NFTs and interact with dApps as simply as if they were using any daily mobile applications.
However, the platform’s unique feature enables users to pay their network fee across all supported blockchains with Blocto points. The company also supports fiat to crypto purchasing, providing a convenient and safe portal for its users. Customers can convert their accounts to the non-custodial mode, allowing them to access their private keys directly after becoming more familiar with blockchain usage.
What about developers?
Blocto is the first and only mobile wallet worldwide that supports Flow. Flow is a fast, developer-friendly blockchain that became the foundation for a new generation of apps, games, and digital assets. Currently, NBA Top Shot and MotoGP Ignition are running on Flow along with other notable projects.
Blocto currently runs the node constituting more than 70% of all FLOW delegators on Flow. It is also the 4th biggest node with more customers joining in each day.
The company integrates various robust blockchains, such as Flow, Ethereum, Solana, and Tron, in its service. People from different blockchains can freely explore dApps and NFTs in the Blocto ecosystem.
Furthermore, developers can leverage the enormous user base in the Blocto ecosystem along with its SDK to develop. They will be able to capture the maximum number of potential users.
Here are additional details about the BLT token
As we’ve already mentioned, the Blocto token (BLT) is the Blocto network’s utility and governance token. It serves as the foundation of its ecosystem, being the interconnective link between the Blocto-made products, its wallet, and users.
The company will grant BLT token holders benefits when using Blcoto-made products. In supported blockchains, customers can pay BLT as their network fee.
BLT staking is an additional incentive to encourage positive growth in the ecosystem. Besides, it solidifies BLT as the foundation layer of the ecosystem. Thus, mining is the growth medium of the Blocto ecosystem, while staking is the stabilizer.
Even though this company is relatively new on the market, it has good potential and offers a solid plan to achieve its goals.
YOLOrekt is issuing YOLO tokens on Polygon and Ethereum
YOLOrekt is a blockchain service that offers a social, hyper-gamified approach to short-term prediction markets. It provides in-game liquidity and enables users to predict the future price of ETH and other crypto assets.
The company is launching its native utility token today, and the sale will continue until July 16, 2021. YOLO is an ERC20 token. The team will release a total of 1,000,000,000 tokens overall.
YOLOrekt launched on Polygon on June 29, 2021. It essentially provides a social and fun way to bid on the future price of crypto. Gamers will be able to provide in-game liquidity to earn game fees, along with YOLO rewards.
Furthermore, users can predict future prices of their favorite cryptos such as Bitcoin (BTC), Ethereum (ETH), GameStop (GME), or Tesla (TSLA) to earn various rewards.
Game-bet cycles currently have three stages which last a total of 3 minutes. These are Strike Price discovery (30 seconds), Placing bets (60 Seconds), and Wait-n-See (90 Seconds).
After completing these cycles, the prediction gets decided, and the platform awards the betting pool accordingly.
In addition, Polygon, the full-stack scaling platform, also chips in to contribute to the ultra-low transaction fees and swift transactions. These also improve the value proposition in terms of customer experience and the profitability of trades.
YOLO’s token issuance is the first of its kind globally as the company is issuing the YOLO token on both Polygon and Ethereum.
What is the UnagiSwap Finance?
Unagi Finance is a decentralized contract that is running on Binance Smart Chain (BSC). It is connected with Pancake swap exchange, as well. The company created its innovative native token, Unagi. This BEP-20 token offers the new concept of Defi yield generation.
Unagi charges a 10% transaction fee to its users. However, it instantly re-distributes that fee to existing token holders at the time of each transaction.
Furthermore, the unique features of the Unagi token smart contract allow blocking specific addresses such as the PancakeSwap pool or various exchange wallets from earning fees. As a result, 100% of the fees generated go to UNAGI token holders.
The platform calculates the percentage of fees the user earns by the percentage of $UNAGI that her/she owns among holders. This system enables to generate a much higher yield than would otherwise be possible.
Besides, there is no team or other central party that has to award the fees. There is also no interface to claim them. Customers don’t need to take any action besides holding $UNAGI in a wallet they control.
The $UNAGI token has six main features. The founder team built and tested it on Binance Smart Chain to ensure that it worked as a BEP-20 token. $UNAGI is a 100% community-based project. There is no pre-sale, and the company adds all token supply into PancakeSwap V2 liquidity.
The token is implemented with the Anti-Pump-Dump methodology, thus reducing the possibility of whales controlling the bull and bear of the DeFi market.
$UNAGI Dev’s team plans to spend 2 BNB to perform LP token locked on UniCrypt for five years. After that, the deployer address won’t be able to perform a rug pull out of liquidity.
In addition, HODLERS will get additional UNAGI tokens as rewards with the expansion of communities and the joining of new HODLERS.
When will the token become available?
UNAGI token’s ICO sale will begin on July 17, 2021, and it will end on July 18, 2021. 40% of the total supply will be available during the initial coin offering. The company aims to raise $420,000 by trading UNAGI, and it will accept BNB in exchange.
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