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Breaking News: SOL Strategies: The First Solana Treasury Company Listed On Nasdaq

Blockasset Announces BLOCK Public Sale, Rekindles Athlete-fan Relations in Post-pandemic Space

NewsBTC
NewsBTC
3 years ago
3 mins read
Block Token

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Sports NFTs are getting an upper hand, sent by closely-knit communities around sports stars, teams, and leagues. The big “calling” for fans is how they can get closer to their favorite athletes, collaborate with them and even have an impact on some of their decisions. Blockchain is the enabler for all of this, and Blockasset is what blockchain looks like when it’s an adrenaline-pumped fan shouting “LET’S GO!!!”.

Aiming to connect star athletes and clubs with their fans via cutting-edge tech, Blockasset sets up collaborations with major sports celebrities, builds a community of fans and fan-vestors, and brings real utility to NFTs, fan tokens, and $BLOCK – the staple token of the platform.

What are the benefits for athletes, fans and investors?

Blockasset offers an effective way for famous athletes to launch their personal NFT collections and boost a network effect across the energized user base.

This model has already stood big with many wins to be proud of. On two occasions, the NFT collections broke the sales records on Solana: when Giorgio Chiellini rolled out his “Gladiator” set in July and when “Legends” NFTs dropped in the first week of November. Legends brought together 5 famed athletes, trooping Muhammad Ali and Alexander Ovechkin. All fungibles got snatched within 9 minutes, grossing $5 million in sales.

Fans are ravished with unique real-world perks and rewards, such as Discord servers VIP membership, signed merchandise, draws for exclusive merch, as well closed-door AMAs with athletes and even in-person meet-and-greet events. Uncovering the immense power of the “collaborative economy”, Blockasset lets users participate in fantasy leagues with athletes, and influence their decisions about signings and other joined projects. This is how users are incentivized to accumulate tokens for their needs and keep active within the ecosystem.

Those wishing to invest in sports, too, get to have a unique suite of sports-focused assets. It’s not even disruption, but just “ruption”, as new investors are drawn into the space with anti-inflationary and uniqueness that NFTs have. Onboarding has been made easy: and users can easily purchase $BLOCK with fiat. With sports platforms like Blockasset, early adopters get the chance to leverage the potential of the nascent sector – before the majority of fans and collectors even get a whiff about the new opportunities that mix up a fervor of pro sports and innovation.

$BLOCK: internal token with embedded utilities

The community is king, while, when it comes to technologies, utility is the queen. $BLOCK is an internal utility token that opens access to all features and functionalities on the platform. The virtuous cycle pushes up the price of $BLOCK with users constantly staking and using the token.

Holders of $BLOCK may stake the token to receive a steady stream of ASSET – another token used to access specific features within the ecosystem. At the same time, those paying with $BLOCK at the internal NFT marketplace will enjoy significant discounts.

Besides that, $BLOCK is used for platform governance, such as taking decisions on where the platform would go feature-wise. In contrast to general-purpose NFT marketplaces, users can also vote on various aspects relating to their favorite athletes: for instance, what music they play at specific events, and which NFTs they present there.

Play-to-earn, yet another feature powered by $BLOCK, will roll out in Q2 2022, boosting the engagement and interactions among fans, investors and sports celebrities even further. The project’s whitepaper envisions independent universes of games and NFTs developed by specific companies and clubs, all under the aegis of Blockaccess.

According to the platform’s representatives, the public sale of $BLOCK will take place on December 9 on DaoMaker, Solanium and Raydium. The sale will offer only 3.84 million tokens for purchase out of the total supply of 320 million.

More interest towards segment-specific NFTs

Investors are starting to pay more attention to NFTs that focus on specific segments, such as sports, music, gaming. This is understandable as the industry discovers the potential use cases, and the markets get more and more segmented. Sports is clearly among such niches, and Solana-based projects are leading the way thanks to the lower barrier to entry and easier interactions.

The community will continue to discover various ways to leverage the power of $BLOCK through leaderboards, NFT trading and staking, play-to-earn, and supporting initiatives by athletes. With more use cases comes the potential for sustainable upward price dynamics.

Don’t miss the boat on this amazing project, and consider taking part in the $BLOCK public sales on December 9. Readers can find out more information at the official website and follow Blockasset’s Twitter account – some serious buzz is happening there.

 

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

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