The Cryptocurrency ecosystem has been thriving globally. And now, the blockchain-based virtual assets are not only limited to tech-savvy individuals; instead, people from every section of society are joining this revolution. The exponentially growing Interest in cryptocurrency and its adoption worldwide drove the total market value of crypto assets to $2.8 trillion in November 2021. The boost in the crypto market has also given rise to rampant scams. Rug pull is one of the most frequent scams where a developer with malicious intent takes all the funds from the pool and disappears into thin air. In 2021, rug pull accounted for 37% of all cryptocurrency scams. Most of these scams occur due to unawareness of the users, scammy projects, and a lack of authentic investment opportunities. Crypto Blocks DAO is working with an aim to offer a secure, transparent, and anonymous platform where its holders could actively contribute and participate in project discussion and add real utilities to drive the growth of its ecosystem.
What is Crypto Blocks DAO?
Crypto Blocks DAO is an open-source initiative on the Ethereum network. DAO stands for Decentralized Autonomous Organization, a fully autonomous and transparent organization with no central authority. DAO is a community-led entity governed by the rules laid in smart contracts. Therefore, the entire Crypto Blocks project will be governed and controlled by people worldwide who hold the $BLOCKS token.
Crypto Blocks DAO’s primary objective is to create a stable investment asset for the community members. The ecosystem has 2 primary utility assets, $BlOCKS token and NFTs.
$BLOCKS: $BLOCKS are the governance token of the Crypto Blocks DAO ecosystem. Holders of $BLOCKS will control and manage the DAO through Executive voting and Governance Polling and ensure transparency and stability of the ecosystem. BLOCKS token is inspired by the popular best-selling game Minecraft. And the total supply of BLOCKS tokens is capped at 238 million, the same as the number of Minecraft Game copies sold.
NFTs: Another important part of Crypto Blocks DAO is NFTs. The project currently holds 10,000 NFTs. These NFTs are ranked in 7-tiers; higher tiers offer exclusive benefits to the holders. The project will launch an exclusive Crypto Blocks Educate program in the near future. The holder of high tier NFTs will be granted access to this program where users could go through educational videos to expand their knowledge of crypto and learn how to invest in it.
Future Roadmap of Crypto Blocks
The project has completed its phase 1 milestone that primarily includes the basic foundation of Crypto Blocks DAO.
In the second phase, the project is currently aiming to launch its native token BLOCKS according to its tokenomics and launch an exclusive social media platform for participants of the projects.
BLOCKS Launch at Pink sale
Pre-sales are the perfect opportunity to invest in a project at an early stage. Crypto Blocks is all set to launch the pre-sale of BLOCKS token on PinkSale. Out of a total 238 million supply of BLOCKS tokens, 32 million (13.5%) will be put on pre-sale. The fair launch on PinkSale is due on 06-15-2022.
BLOCKS tokens are fairly distributed to ensure transparency and trust among the community. Apart from the Pre-sale, 30% will be locked in liquidity, 15% will be used for project development, 10% will be locked for 3 years for the team, and 30% will remain for the DAO. All Ethereum(ETH) raised from the pre-sale will be used to fund DAO and the development of the Crypto Blocks Ecosystem.
Exclusive Social Media Platform
Having a proper channel to communicate with other members is imperative for the success of any community-driven project. Crypto Blocks is launching its own social media platform to develop effective communication among the project holders. It will streamline the entire communication and collaboration process. Moreover, this platform will ensure the safety of people who are new to the cryptocurrency world from scammers.
The Social Media Platform will also cater for all requirements of NFTs holders. From meeting other like-minded NFT enthusiasts to sharing an idea with the community, it will be a unified space for all discussions related to Crypto Blocks.
DAO is one of the best use cases of blockchain technology and is expected to shake the core of a centralized system that only works in the Interest of a handful of people. While the DAO is redefining a governing structure, it also fosters trust and transparency by eliminating scammers. Crypto Blocks is taking the benefits of DAO to the next step by inviting people from across the world to collaborate and grow together. Moreover, it puts the community in charge of deciding the project’s future and how to utilize the funds deposited in its treasury. Crypto Blocks DAO could be a perfect platform where holders can leverage blockchain technology to collaborate and prosper together.
Scarlett is working as PR Manager with Coinfea. She has worked as a PR and Outreach executive with a reputed company in the past. She loves to create a good network of people and companies.