Tokenomics

$BLOCK is a ERC-20 token on Ethereum Chain

Token Supply and Distribution

The total supply of $BLOCK tokens is 1,000,000. This supply allows for ample distribution to early adopters and community members, while retaining value long-term as the project scales.

Taxes on Buys and Sells

To fund ongoing development, marketing, and operations for the $BLOCK ecosystem, a tax of 5% will be applied on all buy and sell transactions. This tax is broken down as follows:

• 2% Development Fund

These funds will support our team of developers to continue enhancing Block Browser and implementing new features. As our user base grows, we aim to rapidly roll out additional utility and functionality that improves the overall user experience.

• 2% Marketing Fund

Effective marketing is essential for building a thriving community around $BLOCK. These funds will be used for influencer partnerships, paid advertising campaigns, and other initiatives to spread awareness of our project.

• 1% Liquidity Fund

By adding liquidity, we can reduce price volatility and ensure market stability for $BLOCK. This tax will be used to support trading pairs on exchanges, as well as fund buybacks for earn-to-browse rewards.

We believe this tax breakdown allows for ample funding of our development roadmap, while retaining excellent tokenomics for holders long-term. With careful stewardship of these funds, we aim to accelerate the adoption and impact of $BLOCK.