Blocto is excited to announce the Community Sale of our utility token $BLT

Joethebeast
Jul 8 · 7 min read

Today marks yet another thrilling milestone for Blocto, as we finally confirm July 13th, 2021 — July 15th, 2021 as our $BLT community sale period. As a way to show our gratitude to early active Blocto users, we decided to offer a limited number of users the same sale term as our private sale backers. Please make sure you have read through the Blocto Token whitepaper and tokenomics before further actions.

⚠️ $BLT is a Flow Fungible token when generated. Do NOT attempt to search for $BLT and buy $BLT on any other exchanges before our official announcement.⚠️

Sale Details

  • Ticker: BLT
  • Token Type: Flow Fungible Token
  • Official $BLT token contract address
  • Sale Price: $0.1 USD / $BLT
  • Sale Term: Locked for 6 months. Linear vesting 1/18 each month starting from month 7th to month 24th (The same as private sale term)
  • Allocation: 7,500,000 locked $BLT (1.5% of genesis total token supply)
  • Maximum Purchase Amount per Account/Address: 1,000 tUSDT
  • Payment Method: tUSDT (How to get tUSDT?)
  • Sale Type: 3-tier serving mechanism (More details will be illustrated below)

Timeline

Rules & Notes

  • The selection process of our sale will be based on a 3-tier mechanism:
    Tier I: The Bloctopian Quiz Winners
    Tier II. Whitelisted Blocto Users
    Tier III. General Public

- CHECK YOUR TIER STATUS

- All participants are able to place order with tUSDT during 08:00 UTC 13th July, 2021– 07:59 UTC, 15th July, 2021. The result will be announced in the official channels before July 22nd, 2021.

- Orders from The Bloctopian Quiz winners (Tier I)will be accepted first.

- Then the lucky draw will be held for whitelisted Blocto users (Tier II), and the orders from the winners will be accepted.

- If there are still spots left, the lucky draw will then be open to the general public (Tier III)

- Those who did not win the lucky draw will get their full tUSDT amount refunded.

  • There is a 1,000 tUSDT maximum purchase for every Blocto account/address.

Although you are both qualified with sale tier 1 & 2, you are not able to purchase an exceeded limit.

  • Residents from countries or regions such as US, Mainland China, Hong Kong, Macau, Taiwan and UN-sanctioned countries are excluded from participating in the $BLT community sale.
  • Participants should not intend to resell the tokens to excluded countries or regions such as US, Mainland China, Hong Kong, Macau, Taiwan and UN-sanctioned countries.
  • Users who perform malicious acts including but not limited to using bots or scripts may be denied access to the $BLT community sale.
  • The sale is not on a first-come-first-serve basis. All participants will have about 48 hours to place the order with tUSDT.
  • Payments made in tUSDT (“Teleported USDT on Flow”) will equate to the value of one U.S. Dollar (“USD”) regardless of fluctuations in the value of USDT.
  • Participants can only submit once for their purchase amount. Please make sure to submit before the deadline ends.

Join our Community

Website: https://token.blocto.app/
Twitter: https://twitter.com/BloctoApp
Telegram Channel (EN): https://t.me/bloctoapp_official
Telegram group (EN): https://t.me/blocto
Discord:https://discord.gg/uqUXquM

Disclaimer

  • Technology Sophistication. Tokens are often described in exceedingly technical language; a comprehensive understanding of applied cryptography and computer science is required in order to appreciate inherent risks. You represent and warrant that you have sufficient knowledge, market sophistication, experience, and/or professional advice sufficient to undertake a prudent evaluation of the merits and risks of the purchase of Blocto tokens. You agree to bear sole responsibility for the aforementioned evaluation.
  • Forks. The blockchain technology underlying Blocto tokens is subject to change at any time, including changes in operating rules (commonly referred to as “forks”), and blockchain networks may go offline as a result of bugs, hard forks, or a number of other unforeseeable reasons. Such changes may materially and adversely affect the value or function of Blocto tokens, or the feasibility or success of the launch of Blocto tokens. You agree that you are fully responsible for monitoring such changes and agree to bear all risks arising therefrom or relating thereto.
  • Disclaimer. portto hereby disclaims all responsibility for any loss or damage arising from or relating to your purchase or use of Blocto tokens (including, but not limited to, risk of losses due to trading or due to factors beyond its control regarding the viability of any specific blockchain network). portto further disclaims all responsibility for any loss or damages arising from or relating to any cyber-attacks (including without limitation the theft of your personal information).
  • Not Securities. Use and purchase of the tokens generated by portto carries significant financial risk. You understand and acknowledge that Blocto tokens are not securities and that the offers and sales of Blocto tokens have not been registered under any country’s securities laws, and, cannot be resold except in compliance with the applicable country’s laws.
  • Regulatory Measures. Crypto-tokens are being, or may be overseen by the regulatory authorities of various jurisdictions. portto may receive queries, notices, warnings, requests, or rulings from one or more regulatory authorities from time to time, or may even be ordered to suspend or discontinue any action in connection with Blocto tokens. The development or the launch of Blocto tokens may be seriously affected, hindered, or terminated as a result.
  • Illiquidity and Price Volatility. You may find it difficult or impossible to liquidate. There may not be a demand for Blocto tokens. portto is not responsible for the circulation and trading of Blocto tokens on the market. Tokens such as Blocto tokens, if traded on markets, usually have extremely volatile prices. Fluctuations in price over short periods of time frequently occur, which price may be denominated in Bitcoin, Ether, US Dollars or any other fiat currency. Such fluctuations could result from market forces (including speculations), regulatory changes, technical innovations, availability of exchanges, and other objective factors and represent changes in the balance of supply and demand. portto is not responsible for any secondary market trading of Blocto tokens, nor is portto obliged to tame any price volatility of Blocto tokens. Careful due diligence should be undertaken by you, with the full understanding that your contributions may not ultimately result in a useable or valuable token and the value of your contributions may therefore be subject to total loss. portto does not make any representation or warranty, explicit or implicit, as to the usability or the value of Blocto tokens. You understand and accept that there is no warranty or assurance that you will receive any benefits through any Blocto tokens that you hold.
  • Compliance by Users. You acknowledge and agree that portto is not responsible for determining whether or which laws, rules, or regulations apply or may apply to your transactions in respect of Blocto tokens (including, without limitation, any anti-money laundering laws, securities laws and tax laws). You acknowledge and agree that you are solely responsible for compliance with all such laws rules, or regulations as may be applicable to your transactions in respect of Blocto tokens. Without limiting the foregoing, you acknowledge and agree that you are solely responsible for all tax obligations arising from your transactions in respect of Blocto tokens. You further acknowledge and agree that portto shall not be liable, whether directly or indirectly, for any of your tax obligations.
  • Regulatory Compliance. You acknowledges and agrees that applicable law, regulation, and executive orders may require portto to, upon request by government agencies, freeze or suspend withdrawals or trading (or both) of Blocto tokens, or disclose information regarding the purchaser of Blocto tokens. In the event such disclosure is compelled, you agrees that portto may disclose your information. While portto will endeavor to, where commercially reasonable, give you prior notice of such disclosure, portto makes no guarantees that such prior notice will be made.
  • As-is-status. You understands and expressly accepts that Blocto tokens will be created and delivered to, at the sole risk of you, on an “as is” and “under development” basis. portto makes no warranty whatsoever with respect to Blocto tokens, including but not limited to any (i) warranty of merchantability; (ii) warranty of fitness for a particular purpose; or (iii) warranty against infringement of intellectual property rights of a third party; whether arising by law, course of dealing, course of performance, usage of trade, or otherwise. You acknowledges that you do not rely upon any representation or warranty made by portto or any other person on the behalf of portto, including, but not limited to, conversations of any kind, whether through oral or electronic communication, or any white paper. You agree to assume all risk and liability for the results obtained by the purchase and/or use of any Blocto tokens and regardless of any oral or written statements made by portto, by way of technical advice or otherwise, related to the purchase or use of Blocto tokens.
  • Changes. You understand and acknowledge that any statements made by portto in respect of the sale of Blocto tokens shall not be deemed as investment advice. portto has the right to make any changes to its statement in respect of Blocto tokens, including but not limited to the white paper, introduction, announcement for the sale of Blocto tokens without notice at any time. You should ensure that you have carefully read and understood the up-to-date documents in respect of Blocto tokens prior to your participation in the sale of Blocto tokens.

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Joethebeast

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Joethebeast

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