$BLANK Token Launch on Polkastarter

BlockWallet
4 min readFeb 25, 2021

Following a successful private sale closure with overwhelming support from some of the most illustrious names in the blockchain VC world, raising over $1.8 Million from more than 15 partners. We were ecstatic to learn that so many shared our vision of the right to privacy within the financial world.

Initial funding and guidance provided by our backers will allow us to gather resources and to do what we do best: develop and build. We have been working on a frictionless product that is highly complex in its inner workings, but easy to understand and use for the everyday person — We invite you to read about the product and our vision for Blank wallet in our Whitepaper where you will also be able to preview and experiment with a mockup version of the Blank wallet.

Now, we are aiming to extend the opportunity to contribute to a more private and simple version of decentralized finance through the public sale of the $BLANK token, a vital part of the Blank wallet ecosystem. The public sale will be taking place on the popular token sale platform Polkastarter.

Polkastarter sale information

The Blank wallet sale will take place on the Polkastarter platform on Friday, 5th March 2021.

  • 1,875,000 $BLANK tokens (1.50% of the total token supply)
  • Tokens will be sold at $0.064 per $BLANK
  • Follow us on Twitter or Telegram Announcement Channel to get the Whitelist details
  • The $BLANK sale will raise $120,000 via Polkastarter
  • Initial Uniswap Liquidity: $240,000
  • Initial Market Cap: $568,000

The $BLANK token sale will allow all industry players to take part in the Blank wallet ecosystem and help build a more fair and private future for the world of Decentralized Finance.

What is the $BLANK token?

Being a community-driven project, the $BLANK token plays a vital part of the project ecosystem, which will grant its community of holders exclusive benefits and “access-first” functionalities. These include:

Users will be charged a service fee when using the privacy features within the Blank wallet.

However, $BLANK token holders will be subject to considerable fee reductions which will be based on a tier-system depending on how many tokens the user is holding. Fee reductions will be as high as 25% for top-tier holders.

The privacy fees collected from users will be used to buy back $BLANK tokens in public markets. These tokens will then be burned in order to reduce the supply. The buy-back and burn program aims to improve the economic aspects of the $BLANK token and to further benefit its holders.

Token holders will initially benefit from the ability to provide liquidity for decentralized trading within AMM exchanges like Uniswap. ETH/BLANK Liquidity Providers earn one third of the fees raised from the Blank Wallet privacy features.

In order to further grow our community, Blank Wallet will also create referral and reward systems that regular users, influencers, publishers, and others can earn referral rewards by driving users to our platform. In addition, Incentives for providing liquidity will be sent in BLANK tokens.

Some of the benefits offered by Blank Wallet will be limited to $BLANK token holders. These may include additional features, access to invite-only initiatives, and more.

About Blank Wallet

Blank is the most private, non-custodial Ethereum browser extension wallet.

Blank allows the user to easily interact with privacy smart contracts on Ethereum to hide the amounts and the origins of cryptocurrency held, in a decentralized, non-custodial, and frictionless manner.

Blank solves the problem of privacy in crypto transactions. Each time you want to make a withdrawal, Blank will create a new wallet address for you with the amount of crypto that you requested. This address originates from the smart contract where everyone’s funds are pooled. All of this is achieved using cryptographic proofs to ensure that the user cannot be linked with the original depositing address.

With crypto transactions increasing, on-chain transaction privacy is being highly discussed to keep you safe from exposing yourself. Blank has developed a system that adds the ultimate protective layer to your crypto transactions while facilitating every function that other wallets offer.

Anyone can easily install Blank and start reaping the privacy benefits in no time at all. Besides the smart contract functionality, Blank wallet offers a higher level of privacy due to Tor integration. Upcoming functionality includes DeFi web3 integrations as well as support for Metamask Snaps Plugins to allow for seamless connectivity and usage.

Reclaim privacy on your Ethereum transfers. Go Blank.

Become a member of the Blank community by following us on:

Homepage | Medium | Twitter | Telegram | GitHub | E-mail

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BlockWallet

The most private, non-custodial browser wallet. Reclaim control of your financial privacy. Get BlockWallet. https://blockwallet.io/