AMA with BLK whale
1.We are the world’s first Defi protocol based on crypto ETF derivatives.
BLK whale completed various ETF derivatives that Cefi could not do, but in Defi. Users are able to mint ETF tokens designed to track in real time an index of various valuable coins on multiple exchanges around the world as well as users can check the ETF portfolios of BLK whales manages.
BLK whales are listed on USDB to manage their ETF tokens, ensuring that there is always enough collateral to cover the ETF tokens in the protocol. The minting of ETF tokens are decentralized, allowing users to open positions and deposit collateral. In addition, ETF tokens disclose the real assets of the tokens to support traders to own or trade these assets.
In addition, let us introduce shortly about BLK token’s functions and Epoch-making marketing plan in progress.
First of all, BLK is the governance token that users are able to vote on protocol topics such as synthetic asset listings, fee revenue splits, collateral ratio, PAO (New type of IDO for the new and existing project), various ETF portfolios, and other BLK improvement proposals.
In addition, we also provide a new ecosystem through Social NFT, Cross-chain, and Swap for more ecosystems on BLK whale. BLK whale will be advertising to the public around the world such as New York Times Square Billboard. These plans will increase user’s interest, fun, and a lot of faith in the project.
2.BLK whale said that the team is very elite in the Financial and blockchain industry. Can you introduce this team to us？
G: OK. BLK whale team’s background is extremely strong. It is a blockchain defi blockbuster project researched and developed by the top experts and teams in the industry.
Kang-ro Yoon, the founder of KR investment. He has successful experiences in financial derivatives. He studied medical derivatives at De Paul University in Chicago, received a doctorate in Business Administration from Korea Foreign Studies University, and served as the chairman of the system trade association and a professional lecturer at Samsung stock exchange.
He is also a chairman of KR Investment Corporation and the founder of overseas futures strategy and system. From 1996 to 2006, scored 16000% of profits in futures trading and won the first place in overseas futures asset management. ($80,000 -> $130 Million)
Myrtle Anne Ramos is the founder of block tides. It has reached cooperation with the Asian token fund and net25.
It is a Global Consultant of the EC certified blockchain professionals Committee. Served as a consultant to GXT & assero group, Ambassador DIC index chain, marketing director of Sureway, and chief marketing officer of Freshday.
She has operated the marketing of Huobi Global, Genesis Capital, Odesey, AVXChange, Ghost talk, BiKi, DUSD, NEM, DIFY, GALA games, Sandbox games, etc.
David Lee has entered the blockchain industry since 2015. Years of experience in product design and blockchain operation. He is an entrepreneur of composite series in the market. He serves as a CEO of BitFuri exchange.
McCormick family, the top asset management company in the traditional financial market of the United States.
Yuting Ren, who is responsible for asset management in Asia.
James Im, who has won brilliant results in various cryptocurrency investment competitions including Bithumb.
Andy Lee’s team once ranked among the top 5 in stock, futures and options and ETF competitions, and once served as the financial adviser and manager of various financial investment groups in South Korea.
Lastly, Keith Kwon, the Marketing and Strategy executive with over 10 years of experience in a global top-tier technology company. He obtained a Master of Business Administration (MBA) at New York University Stern School of Business. He leads top Korean Meme coin community called ‘Meme Coin Lab’ and is one of the top well-known meme token analysts in Korea
BLK whale is baked up with traditional finance and blockchain experts to launch the defi evolution plan — “defi 3.0 +”. This will be a successful team project relying on professional knowledge and strong creativity
3.Can you introduce us to the economic model and token allocation？
G: BLK is issued based on BSC, and Matic, with a total 1 billion tokens combined. It is composed of 40% — Reward (mining and staking), 15% — Exchange liquidity, 5% — Ecosystem, 0.433% — Public offering(IDO), 7% — Private A, 3.5% — private B, 14.067% — reserve, liquidity10% — Team, and 5% — Advisor.
4.What do you think is the biggest difference between this project and other defi projects？
G：We call our Defi is ”The new evolution of Defi 3.0+”.
Existing DeFi projects are biased towards limited functions such as yield farming, staking, lending, and so on. However, BLK’s crypto ETFs to generate more aggressive returns to users as well as fixed income and even referral allowance.
Also, we operate PAO (New type of IDO for new and existing projects) for the first and only one in Defi market. We also created a new ecosystem through the social NFT, cross-chain, multi-chain swap and more announced in the near future.
And there are 6 types of cryptocurrency ETF derivatives launched by BLK Whale. CORE ETF tokens is the Zero-Loss derivative of the BLK Whale project framework.
All users can directly purchase and trade through BLK Whale’s DApp. In 2022, the governance token ‘BLK token’ of the Black Whale project is listed on the centralized exchange, and it also has many advantages such as the listing of DApp and infrastructure, which has attracted much attention.
These all we mentioned are something similar with some existing Defi projects but huge differences from other projects.
5. So what benefits can BLK holders get?
G: Users can hold BLK and enjoy eight major benefits
1.Users are able to mint ETF tokens that will be designed to track the index of various and valuable coins from multiple exchanges around the world in real-time.
2.Users are able to use BLK and USDB tokens as collateral to mint ETF derivative products
3. Existed or new projects can collaborate with BLK whale through governance voting
4. Users can get fixed APY(APR) through Fixed income
5.Users can create synthetic assets to receive LP and use them to receive rewards
6.Users can earn APY(APR) through various staking programs
7. Users are able to vote on protocol topics such as synthetic asset listings, fee revenue splits, collateral ratio, PAO, various ETF portfolios and other BLK improvement proposals
8. Users can receive incentives and rewards by providing liquidity
Lasty, The user referred participates in a)staking, liquidity pool or b)fixed income Program, a)2 — b)3% of participants’ APR will be rewarded to the referral user
6、What are BLK’s recent activities?
G: BLK began its first IDO activity in DODO, the world’s largest decentralized exchange, on October 27, 2021. Starting from $0.03/blk, the personal hard cap is $500 and the total amount of IDO is $195,000.
And has listed on Pancakeswap on December 8, 2021, starting price from $0.05/blk. All-time high $3.44/blk, and the price of blk has remained around $2 until today!
BLKwhale has started a DODO Booster event with DODO on January 21st! The total value of the prize pool is 700 million USDT (including DODO tokens worth 10,000 USDT, and 33,333 BLK tokens) and if the price of BLK increases during the event, the value of the total prize pool will further increase!
And this event cannot be held by any project party in cooperation with DODO! It has also attracted the attention of major media and celebrities in the currency circle, and will also flood into more individual users!
Participation method ：https://community.dodoex.io/t/black-whale-blk-to-participate-in-the-dodo-booster-program-kicking-off-the-blk-usdt-liquidity-mining-campaign-on-january-21st-2022/10160
After that, based on the world’s first cryptocurrency ETF derivatives, the “BLK governance token” of the Black Whale project (BLK Whale), which launched the Defi3.0+ protocol, will be listed on the centralized exchange XT.com in mid-February
For details, please check the official announcement of XT.com:
With the listing of centralized exchanges, the BLKWhale project will release various infrastructures according to the development blueprint. The infrastructure of BLKWhaleDApp will not only release the core of the project — cryptocurrency ETF derivatives, but also launch SocialNFT (SocialFi), namely DAO&PAO, which will set off a frenzy in the cryptocurrency ecosystem in 2022.
SocialNFT(SocialFi) — DAO&PAO is a combination of a decentralized organization community and a new IDO platform, which allows DAO users to mint NFT tokens as a means of storing value, and solves the liquidity problem when users trade NFT tokens, the world’s first An NFT token that provides sufficient liquidity for all users and supports the practical concept of fast transactions is gaining more and more public attention. Through this measure, the ecosystem of BLK tokens will be healthier, and users will get more rewards.
7、How can users update the latest information about BLK whale in time?
G: Next, I’ll provide you with channels related to BLK whale, so you can always pay attention to the development of BLK whale.
Official Website: www.BLKwhale.com
Kakao Talk: https://open.kakao.com/o/g0yezqJd
You guys can get the newest and lasted updated news of BLK whale from that I mentioned here. BLK Whale has been developed by professional finance and blockchain experts to launch and announce the Defi evolution — “defi 3.0 +”.
Also, BLK, Black whale, is attracting a lot of attention from various blockchain stakeholders, investors, private investors, and so on around the world. We are expecting much of your interest and encouragement from us.