Blockasset

BLOCK Price

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 incentivise 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, and superstars like Khamzat Chimaev of the UFC and Heavyweight Boxing Champion Oleksandr Usyk, plus over 30 more athletes that are yet to be announced.

What is BLOCK Token?

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

How Does BLOCK Token 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 stake their tokens to access unique perks, including athlete governance voting, exclusive content and bonus rewards when their athlete celebrates a specific victory or milestone in their career. Meaning 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.

How Many BLOCK Tokens Are 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 you buy Blockasset?

BLOCK tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade Blockasset is Meteora DAMM V2, where the most active trading pair BLOCK/USDC has a trading volume of $681.86 in the last 24 hours. Other popular options include PancakeSwap V3 (BSC) and Raydium.

What is the daily trading volume of Blockasset (BLOCK)?

The trading volume of Blockasset (BLOCK) is $871.98 in the last 24 hours, representing a -40.50% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Blockasset (BLOCK)?

Blockasset (BLOCK) reached an all-time high of $0.9494 and an all-time low of $0.0008023. It’s now trading -99.90% below that peak and 28.00% above its lowest price.

What is the market cap of Blockasset (BLOCK)?

Market capitalization of Blockasset (BLOCK) is $320,149 and is ranked #4233 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of BLOCK tokens (310 Million tokens are tradable on the market today).

What is the fully diluted valuation of Blockasset (BLOCK)?

The fully diluted valuation (FDV) of Blockasset (BLOCK) is $320,149. This is a statistical representation of the maximum market cap, assuming the maximum number of 320 Million BLOCK tokens are in circulation today. Depending on how the emission schedule of BLOCK tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Blockasset compare against its peers?

With a price increase of 0.90% in the last 7 days, Blockasset (BLOCK) is outperforming the global cryptocurrency market which is down -3.00%, while underperforming when compared to similar Gambling (GambleFi) cryptocurrencies which are up 3.20%.