Warning: Historic Article:
This is a historic article written before our migration and before our new Mission Statement. It may not meet our current research standards or our commitment to plain spoken, easy to understand content. It is included for the sake of continuity and completeness and is presented as is without edit – some information may be out of date or incorrect.
Welcome to the informative document unveiling BlockChat – a groundbreaking project poised to redefine standards in its field. We are thrilled to have you join us on this journey of discovery and innovation.
Within these pages, you will find comprehensive insights into BlockChat’s mission, vision, and the transformative impact it aims to make. Whether you’re a seasoned professional, an enthusiastic supporter, or a curious newcomer, this document is designed to provide you with a clear understanding of what BlockChat represents and the value it brings to the entire Metis ecosystem.
As you delve into the details, we encourage you to embrace the spirit of exploration and inquiry. Feel free to engage with the content, ask questions, and envision the possibilities that lie ahead. Additionally, we are excited to announce that there will be an Ask Me Anything (AMA) session between Vitaly’s founder, VDB, and the BlockChat developer. This session will provide an opportunity for all participants to pose any remaining questions they may have. Stay tuned for further details on this engaging event, where transparency and community interaction will be at the forefront.
Thank you for your interest and participation. Your presence here is a testament to the excitement and anticipation surrounding this project. Let’s embark on this journey together, as we embark on a new era of innovation with BlockChat.
Meet BlockChat
Originally known as OzComCoin (OCC), BlockChat DAO underwent a transformation before adopting its current moniker, BCD. Supported by pre-seed investors, the platform embarked on its journey. Over time, the team shifted focus towards a new direction, aspiring to establish a DAO2DAO Communication platform.
BlockChat is a communication and collaboration platform compatible with the Ethereum Virtual Machine (EVM), moving steadily towards decentralized operation. Leveraging Blockchain technology, they prioritize anonymity by enabling sign-in through your Ethereum wallet. Additionally, the BlockCHat platform is hosted on AWS to ensure reliability and scalability.
Overview
BlockChat DAO is a communication and collaboration platform designed for crypto enthusiasts. The platform seamlessly integrates messaging, social networking, forum creation, and BlockSpaces. Projects can utilize BlockSpaces to update their community on key project milestones and host BlockParties. This platform offers a new social media experience characterized by privacy, security, and community-driven interactions.
Why BlockChat? Vitaly says why not?
Get ready to revolutionize the way Web 3 communities communicate! The current communication platforms are falling short of meeting the needs of our vibrant communities. They’re inefficient, unscalable, and lack security, leaving users drowning in a flood of notifications and struggling to keep up with multiple communities. But fear not! BlockChat’s platform is here to change the game.
They’re combining messaging, social networking, forum creation, and decentralized autonomous organizations (DAOs) to craft a brand-new social media experience. Get ready for a journey into privacy, security, and community empowerment like never before. With their platform, you’ll enjoy seamless communication, scalability, and a sense of belonging that’s truly community-driven. Get ready to embrace the future of social media with enthusiasm!
Other Benefits:
Messaging:
BlockChat DAO’s messaging functionality is meticulously crafted to offer users a secure and confidential communication platform. Employing end-to-end encryption, the platform guarantees that messages remain inaccessible to any unauthorized third parties. Users can effortlessly send text, voice, and video messages while also sharing files and multimedia content with peace of mind.
Social Networking
The platform will offer diverse social experiences, featuring BlockSpaces, BlockChats, and BlockParties. BlockSpaces will serve as dedicated workspaces for collaborative projects. BlockChats will provide chat rooms for focused discussions on specific topics. Lastly, BlockParties will offer social gatherings for users to meet and network with one another.
Did you know: (Pssst Alpha)
BlockParties can be used to include the possibility for projects to host Whitelist events, engage in angel round investing, conduct private ICO token launches, and explore a myriad of other opportunities facilitated by our exclusive Token BlockPad. To secure participation in private sales, users must acquire BlockTickets for admission. These tickets are redeemable through BlockSpace’s private BlockParty entrance admission booth, purchasable using BCD Tokens or Metis. BlockParties present a decentralized and secure alternative to conventional token events, thanks to their smaller, exclusive audience, which reduces the risk of bot interference and token sniping during the launch.
BlockTickets will serve as the entry pass for BlockParties and grant access to a project’s ICO or Whitelist spot. Moreover, BlockTickets will have numerous additional use cases in the future.
Decentralized Autonomous Organizations (DAOs):
BlockChat DAO will feature various DAOs, empowering users with greater control over the platform. The governance DAO will enable users to participate in voting on crucial platform decisions. Meanwhile, the rewards DAO will incentivize user engagement in platform activities. Additionally, the job-hiring DAO will establish a secure and transparent platform for freelancers seeking employment opportunities.
Blockchain Technology:
BlockChat DAO is set to be constructed on the Metis Andromeda Layer 2 blockchain, leveraging smart contracts for executing platform functions. The utilization of blockchain technology guarantees transparency and security across all platform activities, empowering users with full control over their data and information.
Plans to improve their platform
Progressive Decentralization. At this time, BlockChat is working towards full decentralization. The platform runs on AWS, like many traditional platforms. Nevertheless, their intention is to gradually transition towards decentralization as the Web 3 infrastructure evolves to adequately support the platform. Currently, their strategy prioritizes enhancing user experience (UX) to refine product-market fit, establish trust, and cultivate a robust community platform. This approach ensures that communities feel confident in migrating to their platform.
What’s AWS?
AWS stands for Amazon Web Services. Many platforms and companies utilize AWS for their cloud computing needs. Some notable examples include:
Netflix
Nasa
Reddit
Spotify
The platform’s current setup causes every action to trigger a transaction event, leading to a cumbersome user experience. To address this issue, the goal is to transition the platform to https://akash.network, an open network facilitating secure and efficient trading of computing resources directly on the blockchain. By migrating, the platform aims to streamline operations and ensure that only messages created within BlockChats are stored in databases.
BlockGamify (Coming Soon) Vitaly says read
We’re also thrilled to unveil their new addition to their platform called BlockGamify. Their latest gamification feature designed to enhance your journey on the BlockChat DAO Platform. With BlockGamify, you’ll have the opportunity to earn BCD Tokens effortlessly by engaging with the platform, interacting with fellow users, and conquering exciting challenges. Get ready to level up your experience like never before!
Discover the thrilling features awaiting you with BlockGamify:
Level Progression:
Engage with the platform to accumulate experience points (XP) and advance through levels. Each new level attained unlocks a prestigious badge, showcasing your status to fellow users. Moreover, with every level achieved, you’ll receive a generous allocation of BCD Tokens as a reward.
Unlock Achievements:
Beyond leveling up, you can earn special achievements by completing designated tasks or reaching significant milestones. Whether it’s sending your inaugural message, receiving your first reaction, or inviting a select number of friends to join the platform, each milestone comes with its own unique badge and a gratifying BCD Token reward.
Introducing Leaderboards:
Their platform will feature dynamic leaderboards showcasing top users based on their XP and BCD Token balance. Gauge your standing and engage in friendly competition to ascend the ranks. Plus, if you secure a top spot, you’ll unlock additional BCD Tokens as a reward.
Unlock Virtual Goods:
Utilize your BCD Tokens to access an array of captivating virtual goods, enriching your messages and enabling fresh modes of self-expression. From personalized emojis and stickers to exclusive chat backgrounds, the possibilities are endless.
Embark on Challenges:
Prepare for exciting challenges and contests offered regularly, providing opportunities to vie for lucrative rewards. Whether it’s achieving a set message quota or recruiting new platform members, success earns you substantial BCD Tokens and esteemed recognition among your peers.
$BCD and its tokenomics
BlockChat will introduce its native token, $BCD, serving as the platform’s utility token. $BCD will have multifaceted utility, encompassing payment for platform services, engagement in DAOs, and receipt of rewards for active participation in platform activities. Operating as an ERC-20 token, $BCD will be issued on the Metis Andromeda Blockchain.
Blockchain: Metis Andromeda
Ticker: $BCD
Token Name: BlockChat
Max Supply: 23,383,574
CA: 0xC029adf62Cf8F91985c49e1FDe6900affcBa0424
Buy $BCD: Buy on NetSwap
Chart: DexScreener
Distribution:
Original Investors: 15% (3,507,536)
Private Sale: 10% (2,338,357)
Public Sale: 45% (10,522,108)
Development Team: 8% (1,870,685)
Marketing and Partnerships: 7% (1,638,846)
Team Tokens: 7.5% (1,753,971)
Advisors: 2.5% (586,657)
Ninja Rewards: 5% (1,169,179)
Sale Tax:
Total Tax: 3%
LP: 1.5%
Marketing Wallet: 1%
Development Wallet: 0.5%
Progressive Reward Structure:
$BCD also offers a nice reward structure for all Metis Ninja holders. Metis Ninjas are here to protect the metisian ecosystem and help fund the production of the BlockChat platform. You will be passively earning $BCD just by holding Metis Ninjas! The retribution is set to weekly payouts.
1 ninja: 2 $BCD per week (8 per month – 96 per year)
2 ninjas: 5 $BCD per week (20 per month – 240 per year)
3-5 ninjas: 10 $BCD per week (40 per month – 480 per year)
6-10 ninjas: 20 $BCD per week (80 per month – 960 per year)
11-15 ninjas: 30 $BCD per week (120 per month – 1,440 per year)
16-19 ninjas: 40 $BCD per week (160 per month – 1,920 per year)
20+ ninjas: 100 $BCD per week (400 per month – 4,800 per year)
Mint Ninjas: https://metis.ninja
Vitaly’s summary as Vitaly approves BlockChat!
In summary, BlockChat DAO emerges as a transformative force within the realm of social media and web3 services. Prioritizing decentralized communication and collaboration, BlockChat delivers a safe, secure, and user-friendly platform for fostering connections, collaboration, and knowledge sharing.
Built upon the Andromeda network, BlockChat benefits from an ideal environment conducive to decentralized communication and collaboration. Leveraging the network’s resilient infrastructure, rapid transaction speeds, and cost-effective fees, BlockChat DAO is empowered to thrive within its ecosystem.
With its array of functionalities like BlockSpaces, BlockChats, and BlockParties, BlockChat offers users a streamlined and user-friendly platform to connect, collaborate, and exchange knowledge effortlessly. Furthermore, with the imminent introduction of the BlockChat Token (BCD) and its inventive tokenomics, users can anticipate even more compelling incentives for engaging with the platform.
BlockChat DAO’s dedication to decentralization, user empowerment, and community-driven governance positions it as a prime platform for web3 services. As the BlockChat ecosystem continues to expand, they envision the Andromeda network flourishing, heralding a new era of decentralized communication and collaboration.
