What is BlackPool (BPT) | What is BlackPool token | What is BPT token
In this article, we’ll discuss information about the BlackPool project and BPT token
BlackPool is a new fund operating within the NFT industry: managing a range of assets from sports cards to game items to digital art.
BlackPool is the first decentralised autonomous organisation (DAO) built solely for NFT gaming and trading. Our strategies will be based on our long-term passion for gaming and art, as we combine professional data analytics and machine learning to provide the best returns for our users.
We will lead the way in providing financial derivatives to digital marketplaces, by offering services such as asset valuation indices, leasing, insurance mechanisms, and more.
BlackPool firmly believes in the long term value of scarce digital assets, and understand that a high level of specialisation in each NFT platform is required to maximise value creation. Therefore, we will always seek to employ expertise to improve our performance on each platform.
BlackPool generates cashflows and accrues value for the DAO by:
- taking arbitrage opportunities between primary and secondary markets
- loaning out assets
- buying and selling assets based on news
- scouting for assets that will accrue in value and buying early
- in-game competition
We decided things could be done differently. We have come to your planet to introduce BlackPool — a first-of-its-kind, actively managed, tokenised NFT fund. BlackPool’s ambition is to democratise access to the most sophisticated, highest-yield generating assets and strategies in crypto, while giving everyone the opportunity to reap the rewards.
BlackPool is the first on-chain protocol to combine long tail investment analysis, AI and self-organising team/guilds to generate passive income. The DAO currently focuses on three components: portfolio investments, competitive gaming, and the incubation of creativity.
Ultimately, we are a DAO. By the people, for the people. There is no difference between the community and the contributors — Blackpool is a collective. No matter who you are, come with ideas, passion and creativity. BlackPool is your home.
Currently the DAO consists of the best in the business, from engineers, to gamers, crypto creatives and you, the community. Our unique advantages are an abundance of brain power, self organisation and collective capital that yields returns from the best NFT platforms.
You can gain exposure to the portfolio and access voting rights by holding the BlackPool token; (Ticker: BPT).
The BlackPool Token
BPT (ERC-20) is the governance token of BlackPool. BPT is essential for distributing its operations, ensuring that no central party can make decisions about how the platform operates.
The vision is that BPT will be used as a tool to create self organising teams or _troops _whose actions accumulate value back to BlackPool.
Each _troop _focusses on a subset of novel yield generating NFT assets. Currently we have 3 troops (Sorare, Axies and Cometh), the entirety of all of the _troops _put together is called The Barrel, whose total value is channeled back into BlackPool.
Staking BPT returns the xBPT token, which represents your share in the community ownership of our NFTs. By staking BPT you also participate in the ability to earn a share of the yield generated by _The Barrel _and unleash other special features in the future. The amount of yield shared with stakers will be determined by the DAO, via our governance structure.
BPT total supply is capped at 100M tokens.
40% to ~60 contributors, vesting over 5 years.
60% to the BlackPool Community, of which 1.5% is being airdropped.
The BPT token address is: 0x0eC9F76202a7061eB9b3a7D6B59D36215A7e37da
Airdrop
BlackPool wants to reward active participants of the NFT community and invite them to invest in our platform, so we decided to airdrop BPT to the most dedicated users and subscribers of various NFT protocols.
From a technical perspective, we are particularly proud to be able to share this airdrop with the Sorare community. Their wallets are semi-custodial, which makes claiming an airdrop impossible using traditional mechanisms. Our team developed a first-of-its-kind solution in coordination with Sorare which will allow users to claim an airdrop using the Matic/Polygon network. As such, the specific instructions for claiming a Sorare airdrop can be found here.
We will be airdropping 1.5 million BPT tokens (1.5% of total BPT supply) to the following protocols, as of their respective snapshot dates.
*on the snapshot date, not previous holders
List of Airdrop Addresses
Users can search the list of eligible addresses here.
Claimable Dates
You have a total of 14 days to claim your tokens. Any time during the first 10 days you can claim 100% of your tokens. After which, the claimable amount will begin decreasing by 25% every day for 4 days, until it reaches 0.
Airdrop Start Time: 1622195718
Friday, 28 May 2021 09:55:18 UTC
**Airdrop Decreasing Period Begins: **1622973318
Monday, 6 June 2021 09:55:18 UTC
**Airdrop End Time: **1623318918
Friday, 10 June 2021 09:55:18 UTC
Liquidity Pools:
Ethereum mainnet, Sushiswap — BPT / ETH: https://app.sushi.com/add/ETH/0x0eC9F76202a7061eB9b3a7D6B59D36215A7e37da
Polygon mainnet, ComethSwap — BPT / MUST: https://swap.cometh.io/#/swap?inputCurrency=0x6863bd30c9e313b264657b107352ba246f8af8e0&outputCurrency=0x7ceb23fd6bc0add59e62ac25578270cff1b9f619
Governance
As BPT is a governance token, users can eventually expect to use the token to make proposals to DAO members via our forum, such as new NFT investments, or distribution of yield to stakers. Troops via the forum with members of the community deciding if this is an idea that the DAO should pursue. We are currently working with a best-in-class governance protocol to help deploy v1 of this framework in the very near future.
This community driven approach means BlackPool will always provide users with exposure to the latest opportunities, and encourage growth across the industry by providing the ecosystem with a platform to contribute their advanced NFT strategies.
How to get involved
💰 Hold $BPT, Stake $xBPT, get exposition to a broad range of yield-bearing NFTs
🎓 Join BlackPool Academy … play using our NFTs
📊 Join as a BlackPool Vertical Manager … expert management and yield
🖼 Contribute your NFTs … Get $BPT
🦍 Contribute:
- 🧑💻 Code
- 🕵️ Research games/verticals
- 🤡 Memes
How and Where to Buy BPT token ?
BPT token is now live on the Ethereum mainnet. The token address for BPT is 0x0eC9F76202a7061eB9b3a7D6B59D36215A7e37da. Be cautious not to purchase any other token with a smart contract different from this one (as this can be easily faked). We strongly advise to be vigilant and stay safe throughout the launch. Don’t let the excitement get the best of you.
Just be sure you have enough ETH in your wallet to cover the transaction fees.
You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…
We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.
Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…
Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)
Next step
You need a wallet address to Connect to Decentralized Exchange, we use Metamask wallet
If you don’t have a Metamask wallet, read this article and follow the steps
☞What is Metamask wallet | How to Create a wallet and Use
Transfer $ETH to your new Metamask wallet from your existing wallet
Next step
Connect Metamask wallet to Decentralized Exchange and Buy, Swap BPT token
Contract: 0x0eC9F76202a7061eB9b3a7D6B59D36215A7e37da
Read more: What is Uniswap | Beginner’s Guide on How to Use Uniswap
The top exchange for trading in BPT token is currently Sushiswap, and DODO
Find more information BPT token
☞ Website ☞ Explorer ☞ Explorer 2 ☞ Social Channel ☞ Social Channel 2 ☞ Social Channel 3 ☞ Message Board ☞ Coinmarketcap
🔺DISCLAIMER: The Information in the post isn’t financial advice, is intended FOR GENERAL INFORMATION PURPOSES ONLY. Trading Cryptocurrency is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money.
🔥 If you’re a beginner. I believe the article below will be useful to you ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner
⭐ ⭐ ⭐The project is of interest to the community. Join to Get free ‘GEEK coin’ (GEEKCASH coin)!
☞ **-----https://geekcash.org-----**⭐ ⭐ ⭐
I hope this post will help you. Don’t forget to leave a like, comment and sharing it with others. Thank you!
#blockchain #bitcoin #bpt #blackpool
