BLOCKS
BLOCKS is a tokenized mining project focused on generating sustainable rewards by reinvesting in mining hardware and ensuring transparent reward distribution. Its mission is to build a community-driven ecosystem that supports growth, rewards holders, and fosters sustainability in cryptocurrency.
ABOUT US
BLOCKS is a tokenized mining project designed to generate sustainable rewards for token holders by reinvesting in mining hardware and distributing rewards through a transparent model. Our goal is to create a self-sustaining ecosystem that incentivizes holders, fuels continuous growth in mining capabilities, and delivers value back to the community.
OUR MISSION
To create a community-driven mining ecosystem that continually invests in high-performance mining equipment, rewards token holders, and builds a sustainable future in cryptocurrency. By reinvesting profits, fostering transparency, and providing consistent rewards, we aim to set a standard for the future of tokenized mining.
OUR VISION
To become a leading tokenized mining project that leverages advanced technology and community engagement to maximize growth and rewards. We aim to continuously adapt to mining innovations, ensuring that BLOCKS stays at the forefront of the crypto mining industry.
BLOCKS TOKENOMICS
Detailed breakdown of BLOCKS token information
10 Billion total supply
Fund allocation
- 80% to equipment and operations
- 20% to the Vault
ALLOCATION OF FUNDS
Overview of the phased reinvestment plan to ensure sustainable mining expansion and community rewards.
- Initial Deployment — 80% of funds will be directed toward acquiring mining machines, covering electricity expenses, and handling maintenance. The remaining 20% will be allocated to the Vault to secure the project’s future and provide a reserve for growth opportunities.
- Reward and Reinvestment Strategy — As per our White Paper, during the first 6 months, funds will primarily go towards purchasing additional machines, covering operational costs, and distributing community rewards. In the next 6 months, we will continue expanding with new machines, sustaining community rewards, and introducing a buyback-and-burn mechanism to enhance token value.
REWARD DISTRIBUTION
Reward Model and Snapshot
Rewards will be distributed monthly to token holders, with distribution amounts determined by monthly snapshot balances.
The more tokens you hold during the snapshot, the greater your share of the rewards.
THE BLOCKS VAULT
The Vault serves as a strategic reserve fund, designed to ensure the long-term stability and growth of the BLOCKS project. Much like the reserve funds maintained by traditional businesses, the BLOCKS Vault will be used to support and expand our operations, enabling us to take advantage of business opportunities that arise, cover any unforeseen costs, and invest in future growth initiatives. By regularly allocating a portion of funds to the Vault, BLOCKS is committed to securing the project's longevity and protecting the interests of our community. This proactive approach ensures we can remain agile and responsive in an evolving market, with funds allocated to the Vault at each growth stage.
MINING TECHNOLOGY
Our goal is to operate top-tier, market-leading mining equipment that provides the best returns for our community. At launch, we are focused on the Bitmain KS5 Pro mining hardware, renowned for its high performance and efficiency. BLOCKS prioritizes the use of cutting-edge technology and infrastructure to maximize returns and ensure sustainable growth for token holders.
We spared no effort or expense in searching across three continents to identify the ideal location for our mining operation. The facility has been meticulously selected to meet the scale and operational demands of our machines. Furthermore, we did our due diligence to ensure we partnerned with a mining machine supplier that not only offers fair pricing and outstanding products and services, but also shares our vision and commitment to ensuring the longevity and success of our project.
