Blockrock Introduction

$BLK Is The New ORANGE

Introduction

The Blockrock BTC ($BLK) project is a pioneering venture in the cryptocurrency and decentralized finance (DeFi) spaces, designed to seamlessly blend the traditional appeal of token-based dividends with the burgeoning market for non-fungible tokens (NFTs). This white paper outlines the fundamental aspects of the $BLK project, including its unique tokenomics, the innovative Mining Farm NFTs, and the overarching ecosystem strategy aimed at providing sustainable value to investors and participants.

$BLK Token Overview

$BLK is a reflection and dividends token created on the Arbitrum network, offering a novel approach to earning passive income in the form of wBTC (a wrapped Bitcoin token), thereby aligning the interests of holders with the long-term success of the ecosystem. With a fixed supply mirroring that of Bitcoin (21,000,000 tokens), $BLK introduces scarcity and potential for appreciation, further enhanced by a reflection mechanism that redistributes a portion of transaction fees to holders.

Key Features:

• Reflection Mechanism: 5% tax on all transactions, distributed as wBTC dividends to holders.

• Fixed Supply: Capped at 21 million tokens, promoting scarcity and potential value appreciation.

• Community-Centric: Supports ongoing development and marketing through transaction taxes.

Mining Farm NFTs

At the core of the Blockrock BTC ecosystem lie the Mining Farm NFTs, digital assets that emit $BLK tokens following a reward schedule akin to Bitcoin mining. These NFTs represent a digital stake in the ecosystem's mining operations, offering holders a direct path to earning $BLK rewards.

Key Attributes:

• Equal Weight: Each NFT has an identical weight, ensuring fair distribution of rewards.

• Reward Mechanism: Mining rewards are deposited into a contract every minute, split evenly among NFT holders based on ownership percentage. Blockrewards follow BTC's, except 10x as fast.

• Art and Royalties: Featuring artwork from a handful of futuristic designs by MidJourney AI, these NFTs are tradable with a 10% royalty fee, half of which benefits $BLK holders through wBTC dividends.

Ecosystem Dynamics

The Blockrock BTC project is designed to foster a dynamic and engaging ecosystem for cryptocurrency and DeFi investors. By integrating $BLK tokens with Mining Farm NFTs, the project offers a multifaceted investment opportunity that rewards participation and promotes long-term engagement.

Minting and Trading NFTs:

• Minting Cost: Each Mining Farm NFT can be minted for 0.0125 wETH through the Blockrock dApp.

• No Limits: Unlimited creation potential and no maximum wallet limit for NFTs encourage broad participation and investment.

• Fee Distribution: Minting fees are divided, with 50% converted to wBTC for $BLK dividends and the remainder funding ecosystem development and marketing.

Strategic Goals and Roadmap

The primary objective of the Blockrock BTC project is to establish a self-sustaining ecosystem that provides value to its participants through innovative use of NFTs and tokenomics. The roadmap includes the continuous development of the dApp platform, expansion of NFT artwork and functionality, and strategic partnerships to enhance ecosystem utility and adoption.

Conclusion

Blockrock BTC ($BLK) represents a forward-thinking approach to integrating the worlds of cryptocurrency dividends and NFT-based digital assets. By offering a transparent, equitable, and engaging platform, the project aims to attract a wide range of investors and collectors, providing them with a unique opportunity to participate in the future of finance and digital art. The commitment to sustainable development, community engagement, and value creation positions the Blockrock BTC ecosystem as a notable project within the cryptocurrency and DeFi landscapes.

Disclaimer: This document is for informational purposes only and does not constitute financial advice. Potential investors should conduct their own due diligence and consider their financial situation before engaging with the ecosystem.

Pricing of NFTs is subject to change without warning.