BlockWallet have an amazing product but as is the case with most crypto projects if we are being honest there is no need to create a utility token for it. The value it offers to its customers is minimal and tokens are extremely hard things to manage.
The main uses cases for the $BLANK token are currently - fee discounts for token holders and farming the token by becoming an LP.
In the future they are planning to add a staking mechanism which will allow users to earn rewards by locking up their tokens in a staking pool.
Another thing I do no like about this project's tokenomics is the team only has a 1 year lock on their tokens. I personally like to see over a 2 year lock on team tokens to fill me with more confidence of the teams commitment and confidence to the project.
As we can see by the token release schedule below all the parties now have access to their unlocked tokens and with the project now over 90% down from its ATH you have to imagine that if price for the $BLANK token does start to rise again there will be a lot of selling pressure from these parties which is something to be aware of. Show Less
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