BlockX expects a strong fourth quarter with the release of a slew of new features and the listing of BCX tokens
At BlockX we are busy building the next version of a Layer 1 Blockchain to be the alternative to Avalanche, Solana, Polkadot and Ethereum.
The basic structure of the chain includes
1. Lightning fast Smart Chain: Transact and Deploy applications at super speed and sub 1sec transactions. All this for extremely low gas fees
2. Cross Chain Bridge and Settlement: Port apps and tokens from any other chain to BlockX and vice versa
3. Oracle: Use our native built Oracles to import off-chain data from several sources and build Hybrid chains easily
BCX is the native token of the BlockX ecosystem and we are soon including the BlockX ecosystem as follows:
1. BlockX Card: MasterCard Debit Card that can be loaded with BCX tokens and used for transactions will be issued to BCX holders in certain countries along with a web app to load the card with BCX. The card can be used in online and offline in any merchants that accept MasterCard.
More details in a full blog post. This partnership is already been signed
2. BlockX Exchange: We are launching a full crypto exchange in partnership with OKX.
Alpha Test version https://exchange.blockxnet.com/trade-spot/lunc-usdt
The exchange is open to alpha testers for trading that includes spot, futures, perpetual, and options tradition in Crypto.
3. NFT marketplace: We are also launching NFT marketplace where all NFTs created from BlockX Chain as well as other chains can be traded.
Some of the other things we are working on for Block users are:
- BlockX DEX
- GlobalDEX aggregator
- BlockX Dapp Store
- BlockX Algorithmic Stablecoin
The exchange Listing of BlockX Token (BCX) has been delayed again for 2 months to October 31st 2022. The reasons for the date change are:
BCX token sale now reopens in the internal portal and other IEO portals and Launchpads. Additional fundraising will be allocated to
Buy BCX : https://invest.blockxnet.com/token/bcx
BCX Buy Back Fund
As the BlockX ecosystem now includes the exchange as well NFT Marketplace, we will use 5% of the profits of the exchange and NFT marketplace to buy back BCX tokens from the open market and burn BCX until the supply is reduced to 100 Million BCX.
We are also involving validators in our BlockX Testnet. So, if you are interested in becoming a Validator for BlockX, please fill out the below form. Validators require staked 100,000 BCX and they have several economic rewards such as inflation block rewards and gas fees. Validators can then accept Delegators for the Staking rewards.
Validators Application Form: https://docs.google.com/forms/d/e/1FAIpQLSf6yaFeOV0nAq9PojyfInBetkjqYqUwlvG45a4tsUd-m5kCdA/viewform
A lot of topics have been covered in this post so separate posts will be made to cover various points of update in the next few days
We would like to thank our community for sticking with us. As the Crypto Market will soon emerge into the next bull run, we are well positioned to be the smart chain of choice for developers and users.
Catch the latest news around the BlockX ecosystem, from exciting partnerships to insightful and educational articles about the technology that makes BlockX Blockchain truly unique.
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