Blockasset (BLOCK) is an athlete-verified NFT platform and ecosystem that connects fans to their favorite athletes through exclusive content, real-world NFT utility, and community governance. The platform has a native utility token called BLOCK, which serves various functions including staking, governance, discounts, priority access, and NFT farming.
Blockasset (BLOCK) is a cryptocurrency used within the Blockasset ecosystem, which focuses on sports-centric products and fan experiences. Here are some key ways BLOCK is utilized:
BlockPicks: BLOCK tokens are earned as rewards for making accurate sports predictions in the free-to-play game BlockPicks. Users can climb the leaderboard and claim their rewards.
Community Governance: The Blockasset ecosystem is governed by its community of sports fans, with value distributed back to members. This governance includes decision-making on media, products, and more.
BlockBet: BLOCK tokens are used in the community-driven social sportsbook, BlockBet, where value is shared among members and token holders.
BlockSport: BLOCK tokens are involved in the media and distribution arm, BlockSport, which targets billions of sports fans worldwide. Token holders have a say in the content produced and athlete partnerships.
Rewards and Incentives: Users can earn BLOCK tokens by engaging with Blockasset products and social media, which can be claimed regularly.
These uses highlight the central role BLOCK tokens play in the Blockasset ecosystem, fostering engagement, community governance, and rewards for users.
To store Blockasset (BLOCK) tokens, you need to follow these steps:
Choose a Crypto Wallet: Select a reliable crypto wallet that supports BLOCK tokens. Popular options include Coinbase Wallet, MetaMask, and TrustWallet. Ensure the wallet is compatible with your device and payment methods.
Set up Your Wallet: Create an account, provide personal information, and set a strong password. You will receive a secret recovery phrase or seed words, which are crucial in case you lose access to your wallet. Record these carefully.
Transfer Funds: Once you have purchased BLOCK tokens, transfer them to your crypto wallet. Log into your exchange account, provide your wallet address, and specify the amount to transfer. After a brief wait, the funds should appear in your wallet.
- Secure Your Wallet: Ensure your wallet is secure by using strong passwords, keeping your recovery phrase safe, and regularly updating your wallet software.
By following these steps, you can safely store your Blockasset (BLOCK) tokens in a crypto wallet.
To buy Blockasset (BLOCK) tokens, you can follow these steps:
Register on a Centralized Exchange (CEX):
- Go to a reliable CEX like Binance and sign up for an account. You can use your social media account for a one-step sign-up if available.
- Verify your identity by providing a government-issued ID and enable two-step verification for security.
Purchase USDT, ETH, or BNB:
- Use fiat to buy USDT, ETH, or BNB through the CEX's service or a financial platform like PayPal or Robinhood (for US residents).
- Transfer the purchased USDT, ETH, or BNB to the CEX that supports Blockasset (BLOCK) trading in the spot market.
Buy Blockasset (BLOCK):
- Use the transferred USDT, ETH, or BNB to buy BLOCK tokens in the spot market.
Alternatively, you can also buy BLOCK tokens directly with a credit card using services like Klever Wallet.
