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The cryptocurrency space is in the midst of the biggest bull run in its history, with more focus on cryptocurrencies and blockchain than ever before. Still, cryptocurrency projects often struggle to attract audiences. The blanket ban on all cryptocurrency advertising by tech companies like Facebook and Google may have eased in 2018, but it’s still an uphill battle.
In such an environment, there is a growing need for a social network dedicated to the cryptocurrency sector, with news and features to meet their needs. That platform is Blockster. Currently, in closed beta, Blockster aims to bridge the gap between content creators and their audiences. It has a user-friendly interface and includes built-in features such as a news feed with all the latest cryptocurrency and blockchain news, a live chat feature, and cryptocurrency market tracking.
What is Blockster?
Blockster is an all-in-one social media platform for cryptocurrency enthusiasts. This is a place for blockchain crooks to connect, create, learn and make money in one place. No need to jump from platform to platform to connect with other members of the cryptocurrency community, find the latest blockchain and cryptocurrency news, and check real-time pricing, all integrated on Blockster.
If you’re already investing and trading digital assets, or you’re interested in getting started, Blockster is the perfect place for veterans and newbies alike.
Blockster’s native token BXR – what is it and what does it do?
In addition to being a crypto-curious social media network and news platform, Blockster will soon be adding native tokens to its offerings. Blockstertokens (BXR) will be issued on the Ethereum blockchain and will be used for all advertising and commerce on the platform, including buying NFTs and games. It is also possible to stake BXR tokens to earn income.
The BXR token sale will be divided into six phases, with the first phase launching on the Digitex IEO token launch platform Blockfunder on June 7 with a supply of 1 million BXR. Out of a total circulating supply of 100 million tokens, a total of 10 million BXR tokens will be sold in six phases.
As Blockster’s user base grows, so does the demand from advertisers, market participants, and speakers, and so will the value of BXR. Every month, Blockster will consume 5% of all BXR used for advertising, further increasing its value. This makes BXR a great opportunity for investors.
Yield farming will also be possible. After the BXR public sale ends, 3 million BXR will be allocated to Blockfarm, the yield farming program on Digitex. These BXR tokens will be rewarded to DGTX (Digitex’s native token) stakeholders at a rate of 250,000 BXR per month for 12 months.
Another utility of the BXR token will be tipping. If users like specific content and want to support the creator, they can do so by paying in BXR tokens, which is a bit like voting, but in the form of money. This also promotes high-quality useful content on the platform.
P2P sharing of BXR tokens can also be done instantly and for free on Blockster and community governance, where BXR token holders will be able to vote on key elements of the Blockster ecosystem, such as new features of the platform, power in the hands of users.
Blockster meets the growing demand for cryptocurrency social networks
Since the advent of Bitcoin, different communities have emerged on various platforms serving different needs. Social platforms such as Twitter and Telegram have a large following of cryptocurrencies, however, if users want to see real-time market prices, they must visit a site such as CoinMarketCap or CoinGecko. Reddit is the go-to platform for many in the cryptocurrency space to discuss their opinions. However, if they wanted to watch a video guide to cryptocurrencies, they might turn to YouTube. With Blockster, no more jumping between sites, Blockster users will be able to connect, network, debate, share information, learn and trade in one place.
The unification of the fragmented landscape also means that through Blockster, established cryptocurrency and blockchain companies, as well as new projects, can simultaneously reach a larger and more targeted audience. Blocker aims to be the #1 social media platform for all cryptocurrency and blockchain enthusiasts, and a major entry point into the burgeoning cryptocurrency space.
Blockster will disrupt the cryptocurrency space
If you’ve been looking for a platform that consolidates different cryptocurrency services in one place; where you can earn money, connect with other enthusiasts, and keep up with the latest news and happenings in the cryptocurrency space, Blockster is the platform. To take advantage of all the advantages it has to offer, visit Blockfunder on June 7 to purchase BXR tokens. And keep an eye on this emerging new space.
