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BLOCK
No. 938Price
Markets
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1. Project introduction
BlockGames is building a Player Network with Universal Player Profiles that unlock real data economies. This new paradigm empowers the next wave of innovative publishing applications and gaming experiences driven by rewards.
The Player Network Protocol is a player data layer that aggregates all issued Universal Player Profiles, while enabling applications to write, read, and interact with player data, at scale. It does this through a decentralized system that protects and preserves end-user privacy while facilitating data exchange between players and applications in exchange for rewards.
2. Team introduction
Co-Founder: Benas Baltramiejūnas
https://www.linkedin.com/in/benasbaltramiejunas/?originalSubdomain=uk
CTO: Mažvydas Skuodas
https://www.linkedin.com/in/mazvydas-skuodas/
Founding partner: Estoty (Latvia based)
https://estoty.com/
3. Investment institution
Raised $6m on 26 March 2024
Newman Capital, 32-Bit Ventures, Sfermion, Susquehanna International Group, Cumberland DRW, Cypher Capital Group, Mapleblock, Estoty, Maven Capital, Aquanow, Aptos, Presto Labs, Founderheads, Jeffrey Zirlin, Sebastien Borget, Luke Wagman, Joe Mahon, Brian D Evans, dingaling, Alex Becker, 432 VC, BasedVC, Devmons, Brett Beller, Alan Rutledge
4. Token application and distribution
Token application:
- Gas fees
- Rewards
- Governance
Token distribution:
Community Pre-sale (5%) - 15% unlock at TGE, a 6-month cliff with a 15-month linear daily vesting;
Community Rewards (30%) - 36-month monthly vesting;
Airdrop (3%) - 100% unlocked at TGE, subject to airdrop rules announced through BlockGames Application;
Dice Infusion (5%) - 24-month linear daily vesting;
Ecosystem (33%) - 36-month monthly vesting,
Liquidity (5%) - 100% unlocked at TGE for liquidity provision;
Ecosystem (25%) - 36-month linear vesting, tokens allocated only on approved governance proposals;
Advisors (3%) - 12-month cliff with 36-month linear vesting schedule;
Team (15%) - 9-month cliff with 36-month linear vesting schedule;
Investors (17%) - two investment rounds that have cliffs of 9 months, with 18 & 15-month linear vesting schedules.
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