Categories: Market

Blocto announces public sale of $ BLT tokens on Flow

Blocto announces the public sale of $ BLT on Flow. Before you go any further, be sure to read the Blocto and Tokenomics Token whitepaper!

https://drive.google.com/file/d/1C4TKAEzCcJ6uyiA8QBTCx78xE9szdnFU/view

https://medium.com/portto/blt-tokenomics-5ffafd347e40

Note: DO NOT search for $ BLT or buy $ BLT on any other exchange until the official announcement by Blocto.

Why multi-chain IDO?

To ensure a fair start and to stay true to Blocto’s efforts to connect different blockchains decentrally, Blocto is introducing IDO on three different blockchains: Flow, Solana and BSC. In addition, to provide a seamless experience for IDO participants, bridges for $ BLT between Flow to Solana and Flow to BSC will be released prior to the public sale of tokens.

Blocto token $ BLT open for public sale

Blocto is pleased to announce the details of the $ BLT public sale on Flow. A total of $ 1,500,000 BLT at 0.4kUSDT per token, the $ BLT for public sale. be assigned to

Time:

  • Public sales period: September 24, 2021 3:00 p.m. (GMT + 7) – September 27, 2021 2:59 p.m. (GMT + 7)
  • tUSDT Publication of the sale / refund result: End of September 29th (UTC + 8)
  • Token Distribution: September 29, 2021 (Due to different block times in multiple chains, the exact distribution time details may change to synchronize with other parallel starts.)

Details & rules

  • Token name: $ BLT
  • Token type: Flow Fungible Token
  • Official $ BLT contract address: https://flowscan.org/contract/A.0f9df91c9121c460.BloctoToken
  • Price: $ 0.4 tUSDT / $ BLT (How do I get tUSDT?)
  • No blocked time
  • Allocation: $ 1,500,000 BLT (0.3% of the total supply of Genesis tokens)
  • Pool 1: $ 300,000 BLT for $ 2,533 BLT for community selling supporters.
  • Pool 2: $ 1,200,000 BLT for all participants.
  • Maximum purchase amount per account / address: 500 kUSDT
  • All participants can place an order between September 24, 2021 (GMT + 7) 3:00 p.m. and September 27, 2021 at 2:59 p.m. (GMT + 7). Announce the results by September 29, 2021.
  • The $ BLT Community Vendors are the ones who participated in the July sale but failed to get the allotment. $ 300,000 BLT is reserved for these users for troubleshooting. For example, 1,000 community sale backers took part in the public auction and, depending on the number of orders placed, can initially secure up to 300,000 / 1,000 = 300 BLT (equivalent to 120 tUSDT). The rest of tUSDT is then used in pool 2 for a lucky draw.
  • For general users, simply place an order and take part in the raffle in group 2.
  • Those who do not win the drawing will receive the full amount of tUSDT back.
  • Up to 500 tUSDT purchases per Blocto account / address.
  • Residents of countries or regions such as the United States, China, Hong Kong, Macau, Taiwan, and United Nations-sanctioned countries are not permitted to participate in semi-public trading in $ BLT.
  • Participants should not intend to resell tokens to excluded countries or regions such as the United States, mainland China, Hong Kong, Macau, Taiwan, and United Nations-sanctioned countries.
  • Users who commit fraud, including the use of bots or scripts, may be denied access to the semi-public $ BLT scheme.
  • The public sale does not take place according to the first-come-first-served principle. All participants have approximately 72 hours to place an order with tUSDT.
  • Payments in tUSDT (“Flow-shifted USDT”) correspond to the value of one USD (“USD”), regardless of fluctuations in the USDT value.
  • Participants can only deposit the purchase amount once. Make sure you submit before the deadline.

Buying Guide on Blocto

Step 1: Join the Blocto app using the link to purchase

Step 2: Confirm the order quantity

Step 3: Approve the purchase by clicking “Approve”

Step 4: The order process is complete

What next?

Blocto has released all sales information, stay tuned for more news in the Blocto community

Website | $ BLT page | White paper | middle | Twitter | telegram | discord | Github | Linkedin

Note:

Technological sophistication. Tokens are often described in extremely technical language; A thorough understanding of applied cryptography and computer science is required to recognize the inherent risks. You represent and warrant that you have sufficient knowledge, market knowledge, experience or professional advice to make a prudent assessment of the merits and risks of buying Blocto tokens. You agree to be solely responsible for such review.

Forks. The underlying blockchain technology for Blocto tokens can be changed at any time, including changes to the rules of operation (often referred to as “forks”), and the blockchain network can go offline due to errors, hard fork, or other unforeseen events. Such changes could materially and adversely affect the value or functionality of the Blocto-Token or the feasibility or success of a Blocto-Token introduction. You agree that you are solely responsible for monitoring such changes and that you bear all risks arising therefrom or in connection with such changes.

Disclaimer of liability. disclaims any liability for any loss or damage arising out of or in connection with your purchase or use of Blocto Token (including the risk of loss due to trading or factors beyond your control) in relation to the viability of any particular blockchain ). portto declines all responsibility for any loss or damage that results from or in connection with cyber attacks (including theft of your personal data).

No securities. The use and purchase of tokens generated by portto carries a significant financial risk. You understand and acknowledge that Blocto tokens are not securities and that the offering and sale of Blocto tokens are not registered under the securities laws of any country and can only be resold in accordance with the applicable national laws of that family.

Regulatory measures. Cryptocurrency tokens are or can be supervised by supervisory authorities in various legal systems. portto may from time to time receive inquiries, notifications, warnings, inquiries or decisions from one or more regulatory authorities or even be instructed to suspend or discontinue all associated measures. As a result, the development or introduction of Blocto tokens can be severely impaired, hindered or terminated.

Illiquidity and Price Volatility. Liquidation can be difficult or impossible. The Blocto token may not be required. portto is not responsible for the distribution and trading of Blocto tokens in the market. Tokens like the Blocto token are often extremely price volatile when traded in the market. Short-term price fluctuations are common, prices can be denominated in Bitcoin, Ether, USD or another fiat currency. Such fluctuations can be the result of market forces (including speculation), regulatory changes, technical improvements, the availability of stock exchanges and other objective factors and represent changes in the balance of supply and demand. portto is not responsible for secondary market transactions of Blocto tokens, nor is portto obliged to tame price movements of Blocto tokens. You should exercise due care, being aware that your contributions will ultimately not result in a usable or valid token and the value of your contributions may therefore suffer a total loss. portto makes no representations or warranties, either express or implied, with regard to the usability or the value of the Blocto tokens. You understand and accept that there is no guarantee or guarantee that you will receive any benefit from the Blocto tokens you hold.

User compliance. You acknowledge and agree that portto is not responsible for determining whether any laws, rules or regulations apply or apply to your transactions in relation to Blocto tokens (including but not limited to any anti-money laundering, securities and tax laws). You acknowledge and agree that you are solely responsible for compliance with any such laws or regulations that may apply to your Blocto Token related transactions. Without limiting the foregoing, you acknowledge and agree that you are solely responsible for all tax liabilities arising out of your transactions in relation to Blocto tokens. You further acknowledge and agree that portto is neither directly nor indirectly responsible for your tax obligations.

Legal Compliance. You acknowledge and agree that applicable laws, regulations, and executive orders may require the transition at the request of government agencies to freeze or suspend withdrawals or transactions (or both). In the event of such forced disclosure, you consent to portto disclosing your data. Although portto will attempt to notify you in advance of any such disclosure, where commercially reasonable, portto does not guarantee that such notice will be given.

It’s on. You expressly acknowledge and accept that Blocto tokens are created and delivered to you at your sole risk, “as is” and “in process”. portto makes no warranty of any kind with respect to the Blocto Token, including but not limited to (i) warranties of merchantability; (ii) a health guarantee for a specific purpose; or (iii) warranties against infringement of intellectual property rights by any third party; regardless of whether it is law, transaction process, performance, commercial use or otherwise. You acknowledge that you are not relying on any representations or warranties from portto or any other person …

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

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