If the 2017 ICO craze wasn’t enough to witness hundreds of tokens and projects being launched, the current NFT/GameFi movement certainly has added more tokens and NFTs more than ever. While interacting with different blockchain applications & digital assets is a logical move to diversify portfolios and capture the rise in values, two major issues need to be immediately addressed.
The first is that blockchain applications and crypto experience can be too complex for people to operate without sufficient knowledge. Remembering public and private keys, varying transaction costs, staking, etc. can be too much of a hassle for many.
The fruition of the multi-chain ecosystems only exacerbated the already complex user experience with Flow, Solana, BSC, Polygon each making strides in introducing the world with the blockchain applications. This means that an average crypto user needs to interact with two or more different ecosystems and perhaps hundreds of tokens. Incompatible tokens, isolated systems,s and different technologies employed make it even more difficult to understand for these NFT/crypto newcomers. While services that offer Visa–powered cards make it easier, the crux of the matter is that there is still a lot to do.
In all this, Blocto is a platform that manages to help people by creating a single system by which anyone can manage their assets, interact with the different chains and even handle their NFTs both on web and in the mobile app.
Blocto’s Comprehensive Services
Blocto comprises a number of different services: a cross-chain DEX, NFT marketplace, SDK, and wallet. Each one is designed with consideration of an average person who will want to enjoy the benefits of NFT/cryptos, but without worrying about the intricacies involved.
Unlike your standard crypto wallets with seed phrases and private keys, Blocto allows users to create their accounts via email in under 10 seconds. You can display your NFT collection, interact with blockchain applications across all Blocto supported blockchains; buy/sell NFT within the mobile app, purchase crypto through your credit card. For those who value true ownership and decentralization, they can easily switch to non-custodial mode and manage their own assets.
The key to unifying the user experience always starts from the developer side. Given the Web3 App structure is standard practice in the Blockchain space, Blocto offers an easy-to-integrate SDK supporting Flow, Solana, BSC, Polygon, Avalanche (c-chain), Ethereum. Developers can offer their users a native non-extension wallet experience for their users and in turn introduce your project to Blocto users from different blockchains with relative ease. Block now exclusively integrates with Vault by CNN, MotoGP ignition, Chainmonsters, Enemy Metal, VIV3, Canes Vault, Versus, Dark Country, Users can log in with their Blocto account on different Web3 Apps, and view all their assets and collections within the mobile app.
- Vault by CNN utilizing the Blocto SDK
BloctoSwap is the first and only cross chain decentralized exchange built on the Flow Blockchainthat allows users to exchange, buy and sell their assets without the need of any intermediary. With the teleport bridge users can easily swap tokens across different blockchains. BloctoSwap now supports Flow/Solana/Ethereum/BSC teleport.
Blocto NFT marketplace – coming Oct 2021
Blocto NFT marketplace is a multi-chain open marketplace. As tokens that represent unique digital and real-life assets, these have enabled people from all walks of life to monetize their talents and assets in ways never thought possible (remember Beeple’s $69 million sale of his digital art). Blocto creates a marketplace where people can buy and sell NFTs of different ecosystems. Unique features such as purchasing an NFT directly with your credit card allows anyone to start their NFT journey fast and simple.
The Blocto Token
While having multiple tokens within a single ecosystem helps in combining the fragmented crypto markets and unlocking its true potential , this leads to a lack of a common denominator.$BLT is the native token to the complete Blocto ecosystem that serves as a utility and governance token of the Blocto ecosystem.
Blocto closed their token private sale back in July with 8M USD sold. Notable investors includes Kevin Chou, Founder of Rally & Gen.G Esport, Roham Gharegozlou, CEO of Dapper Labs, Joseph Delong, CTO of SushiSwap, Animoca Brands, Alameda Research, 500 Startups.
$BLT public sale will be held across three different chains – Flow, Solana, and BSC. For more info about Blocto and $BLT check out the Blocto official website and Bloctos’ social media.