Tokenomics

Token Overview

  • Token Name: Blockface Token ($BLOCK)

  • Blockchain: DeSo (Decentralized Social), launched via Pumpkin.fun on Solana

  • Token Type: Utility

  • Purpose: $BLOCK is a digital symbolizing affiliation with the Blockface community and its mission to redefine social networking through wallet-based identity on DeSo.

  • The $BLOCK token is intended to serve as a functional assest across the platform. It may be used for:

    • Unlocking access to certain features or experiences

    • Verifying identity or boosting profile credibility

    • Enabling interactions between users and creators

    • Fueling platform-level actions or services

Total Supply

  • Fixed Supply: 1,000,000,000 $BLOCK tokens

  • Rationale: A capped supply ensures scarcity, aligning with $BLOCK’s collectible nature, supporting a global community while maintaining exclusivity through market-driven demand.

Launch Type

  • Fair Launch via Pumpkin.fun: $BLOCK is launched through a one-time fair launch on Pumpkin.fun (https://app.pumpkin.fun/), using a bonding curve mechanism for transparent, on-chain participation with no presales or airdrops.

Economic Mechanisms

  • Bonding Curve: The fair launch uses Pumpkin.fun’s bonding curve, with prices increasing as tokens are purchased, ensuring fair access and market-driven pricing.

  • Market-Driven Value: $BLOCK’s value is speculative, driven by community enthusiasm and Blockface’s success, with no promises of returns.

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