GAINS Associates
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GAINS Associates

Blockasset — Telegram AMA — December 21

On Tuesday, December 21, we had the pleasure to welcome to our Telegram chat:

Drikke

We asked him questions about the development of Blockasset.

Some sentences have been slightly edited for readability but the meaning has been conserved.

Summary

Blockasset is an athlete-verified NFT platform and ecosystem, connecting fans to their favorite athletes like never before. Harnessing the power of exclusive athlete content, real-world NFT utility and community governance, Blockasset is creating the go-to platform for athletes and sports fans alike.

Blockasset is the go-to NFT launchpad for elite athletes. Built on Solana, Blockasset prioritizes user experience. On Blockasset, athletes can ensure their fans are given an NFT and fan-connectivity experience not found anywhere else. The marketplace is the hub of the eco-system With low fees, rapid processing times, fiat payments and custom athlete pages, the Blockasset marketplace is built by fans, for the fans.

The native currency connects the ecosystem. The BLOCK utility token can be used to purchase NFTs at a discount, govern the ecosystem and access exclusive athlete NFTs, perks and rewards. With the marketing power and influence of world-renowned athletes, Blockasset will release a number of sports-based play-to-earn games, providing global opportunity and additional income streams to sports fans and gamers worldwide.

Introduction

Q — Ayeley from GAINS: Awesome. Let’s begin with some background information. Please tell us about yourself and your crypto journey so far

A — Drikke from Bloockasset: first of all thanks for having me here today, hope you’re all having a good one wherever you are! So I’ve been investing in crypto for a little over a year now, as it often goes you try and find other things to do when you got boring important stuff to do. So when I was writing my thesis I heavily got obsessed with crypto. As a student, I worked part-time at a clothing brand that was top-notch in influencer marketing. We worked with huge A-tier IG influencers like Kylie Jenner, Gigi Hadid, Tom Holland, and many more.

So my background is in marketing. After that, I worked for a marketing agency and did an internship at a psychedelic research organization in the communications department. I came across Blockasset because I was looking for projects to hop into the ICO. So, I believed in the project and vision enough to put my own money down for it. Then I got asked to help mod the Discord and a month later I had the application call. So this is the first crypto/NFT project I’m working on professionally.

Q — Ayeley from GAINS: That’s the magic of crypto. Hope you are enjoying the experience so far, we’d be interested in knowing what made you choose Blockasset as a project to jump into.

A — Drikke from Bloockasset: Oh man, it’s so exciting! I personally love MMA, and I’ve been obsessed with crypto for a year now. It’s so cool I get to work at a place that combines the 2. It’s also just so cool to be part of this tech/financial revolution that’s happening.

About Blockasset

Q — Ayeley from GAINS: What is the Blockasset project about in a few simple sentences?

A — Drikke from Bloockasset: We want to build the go-to sports/athlete/fan ecosystem in web3.0 — I got on board as a public round investor first and then stayed bc of the incredible team and vision they’re building out. We’re truly building an ecosystem for fans and athletes to connect like never before harnessing the power of blockchain tech

Q — Ayeley from GAINS: I was going through the Blockasset website and saw you had some top athletes, like Wayne Rooney, Euro winner Chiellini, and Chuck Lidell, just to name a few. How do these names/individuals contribute to making Blockasset the go-to sports/athlete/fan ecosystem in web3.0

A — Drikke from Bloockasset: So a lot of athletes reach out to us to become part of our roster. Now that we have relationships with (the late) Muhammad Ali, Rooney, and others, many athletes see Blockasset as a desirable company to launch their NFT’s with or partake in our future NFT drops. Like the Legends Gen 2.0 drop, we’re doing in Q1 2022.

The expanding roster also brings the benefit of having plenty of athletes to put into our future p2e games. Because we’re so broad we can offer a variety of fun experiences to a global audience. Some might prefer MMA, others are football fans, there’s something for everyone

Q — Twitter user @MmgvsTodos: You are developing a collection of sports legends and currently have 5 stars in 5 different sports. So, could you give details about the participants of this collection and if new members could join this impressive collection? Will your NFTs only work with sports stars?

A — Drikke from Bloockasset: So the legends Gen1.0 will always be these 5 athletes. There will be future Legends collections and those will include other sports as well. As for only working with sports stars… I guess you’ll have to keep an eye out on our Twitter in the coming days to get an answer to that

There will also be other NFT collections that will not be bound to the legend format.

Q — Telegram user Dino Vasishtha: Which are the secondary markets from which we can buy the NFT drops?

A — Drikke from Bloockasset: Solanart, magic Eden, Alpha art.

Token

Q — Ayeley from GAINS: Nice. What role does the token play in the Blockasset ecosystem?

A — Drikke from Bloockasset: So BLOCK will be the native token used in all our future p2e games. This alone will bring so much utility to the token. Yet, this is far down the line. People will be able to pay in BLOCK on our marketplace to receive discounts on all NFT collections. These are not only limited to our NFTs. Onboarded sports agencies and brands will have their NFTs on our marketplaces as well. We’ll have token staking to earn more BLOCK or to earn ASSET. The $ASSET token will be used to purchase the exclusive athlete fan experiences in the future, signed sportswear, special NFTs, etc.

The token will be deflationary as well. The total amount of BLOCK is 320 million. Yet this will never be the full circulating supply. Each transaction done with BLOCK will see a small amount of that get sent to a burner wallet. Seeing the vesting period is 47 months for investors, by that time the supply will already be slimmed down a little.

Funding

Q — Ayeley from GAINS: The IDO was completed not long ago, and Blockasset is listed on exchanges. How do you intend to handle the funds raised? And are there plans to do any future raises?

A — Drikke from Bloockasset: Yes, we’ve raised quite some capital. All investment rounds have been finalized and they all are subject to long vesting periods to ensure the longevity of the projects and counter dumping.

We’ve been picky in who to accept funds from. In the future, we’ll be getting funding from Animoca brands for the development of our sports p2e games. I think that’s the only funding we still have to receive but I’m not sure. I don’t go over the financials. To the best of my knowledge, there are no future plans to accept funds or to raise more capital

Business Development

Q — Ayeley from GAINS: How far along are you with your roadmap and what should we expect in the next weeks and months?

A — Drikke from Bloockasset: We’ve had a very intense few last months. With the NFT mint and token launch, now we’re taking some time to enjoy some well-deserved family time. Token & NFT staking is on top of our priority list. The Governance portal and marketplace will be rolled out soon after that. There will also be the Legends Gen2.0 launch in Q1 2022. The next quarter will be madness and chaos bit that’s how we like it.

Also, keep an eye out for a video we’ll be posting around New Year, that will hint at how we plan to branch out in the future.

In the nearby future, we have some cool things planned. There is an ongoing meme contest now with a prize pool of $10K in BLOCK tokens. We have a charity auction lined up which will reach mainstream news headlines We have our ??? 2 earn campaign coming up towards the end of January The winners of our NYC trip will have their 5 legends NFT showcased on Times Square next month as well There’s so much cool stuff happening and the next milestones we plan on hitting will blow the ones we’ve reached out of the water.

Q — Twitter user @GaboS_Gamefi: Will Blockasset allow the athlete or organization to create a VIP type experience for their fan base? Is your application fully customizable and will it allow interaction between the fan and the player or will it only be exclusive NFTs content?

A — Drikke from Bloockasset: Yes, with all signed athletes there will be the possibility to collaborate on fan experiences. We already have some infrastructure in place for fan-athlete interaction. 2 weeks ago UFC middleweight Darren Till did an AMA in our Discord group. In the future, we’ll also have the fans/BLOCK token/NFT holders decide on what athlete content we film.

Drikke, thanks for coming into our community, and taking the time to answer our questions.We will be keenly looking forward to all the amazing updates BlockAsset has in store for the coming year. All the best! — Ayeley Commodore-Mensah from GAINS

Thanks for having me mate! It was a real pleasure! Happy holidays and have a happy new year all! :) Follow us on Telegram | Twitter | Medium l Discord — Drikke from Bloockasset

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