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BLOCKv (VEE): Revolutionizing the NFT Landscape with SmartNFTs

June 13, 2024
Altcoins
5 min

In an evolving digital landscape, BLOCKv (VEE) stands out by transforming the world of NFTs into dynamic, interactive digital assets called SmartNFTs. Operating on the Ethereum platform, BLOCKv facilitates the creation, minting, and distribution of next-generation programmable NFTs, aiming to revolutionize industries ranging from entertainment to commerce. With a robust ecosystem powered by its utility token, VEE, BLOCKv offers not just a cryptocurrency, but a gateway to an innovative digital economy. Currently trading on 27 active markets and showing a bullish trend, VEE presents a compelling opportunity, blending blockchain technology with creative possibilities. Discover how BLOCKv is setting new standards for digital engagement.

What is BLOCKv (VEE)?

BLOCKv (VEE) is a cryptocurrency that operates on the Ethereum platform. It is designed to power the BLOCKv ecosystem, which focuses on creating, minting, and distributing next-generation programmable NFTs known as SmartNFTs. These SmartNFTs are dynamic, interactive digital assets that can be used in various industries, including entertainment, commerce, and more.

Key Features of BLOCKv (VEE)

  1. SmartNFTs: Unlike traditional NFTs, SmartNFTs are dynamic and interactive, offering a more engaging user experience.
  2. Ethereum-Based: BLOCKv operates on the Ethereum platform, leveraging its robust and secure blockchain technology.
  3. Utility Token: VEE is the utility token that powers the BLOCKv ecosystem, facilitating transactions and interactions within the platform.
  4. Staking Rewards: VEE holders can stake their tokens to earn rewards, providing an additional incentive for holding the token.
  5. Wide Market Availability: VEE is currently trading on 27 active markets, making it accessible to a broad audience.

Market Data and Performance

As of the latest data, BLOCKv (VEE) has a current supply of 3,646,271,241.2002554 tokens, with none in circulation. The last known price of BLOCKv is $0.00896317 USD, showing an increase of 0.54% over the last 24 hours. It is currently trading on 27 active markets, with a trading volume of $5,484.03 over the last 24 hours.

Coin Statistics

  • Current Price: $0.0090
  • Market Cap: $0.00
  • 24h Price Change: 0.54%
  • 7d Price Change: -34.38%
  • 30d Price Change: -7.04%
  • 24h High: $0.0098
  • 24h Low: $0.0075
  • All-Time High: $0.3424 (2018-01-07)
  • All-Time Low: $0.0004 (2020-03-16)
  • Circulating Supply: 0.00
  • Total Supply: 3,646,271,241.20

The Purpose and Utility of BLOCKv (VEE)

The BLOCKv crypto token, also known as VEE, is the utility token that powers the BLOCKv platform. It is used to facilitate transactions and interactions within the platform's ecosystem, which is focused on creating, minting, and distributing next-generation programmable NFTs.

Primary Use Cases

  1. Payment Method: VEE is used as a payment method for various services and actions within the BLOCKv ecosystem. This includes charging publishers or creators in VEE every time an NFT is created or a contract is deployed across the ecosystem.
  2. Staking Rewards: VEE holders can stake their tokens to earn rewards. The staking pool feature allows VEE holders to connect their Metamask wallet, stake their tokens, and start receiving rewards in minutes.
  3. Pay As You Go: The token enables a 'Pay As You Go' style payment system, allowing businesses, creatives, and developers to fund their projects using USD but transacting in VEE. This system simplifies the planning process by using the world's reserve currency for ease of use.

Solving Key Problems

The BLOCKv platform aims to solve the problem of limited functionality, flexibility, and usability of standard non-fungible tokens (NFTs) offered by traditional blockchain technology. The platform's architecture, including the SmartNFT protocol, introduces advanced data structures for tokens, enabling the storage of token data in a more expressive manner. This allows for the inclusion of a wide range of attributes and properties that define the token's characteristics and capabilities.

Tokenomics and Distribution Model

The BLOCKv (VEE) crypto token operates on a tokenomics model that includes a total supply of 3,646,271,241 VEE tokens, with 3,577,903,655 VEE tokens currently in circulation, representing 98.12% of the total supply. The maximum supply cap is set at 3,646,271,241 VEE tokens, which is also the total supply.

Token Distribution

  1. Public Sale: 35% of the total token supply was sold to the public during the token sale.
  2. Innovation Fund: 15% of the total token supply was locked into a 6-year smart contract to fuel innovation in the ecosystem in the future.
  3. Developer Incentives: 25% of the total token supply was allocated to incentivize the developer community and ecosystem partners.
  4. Company Allocation: 25% of the total token supply was held by the company for the team, advisors, and early contributors.

Mechanisms to Control Inflation

To control inflation, BLOCKv has implemented token burning mechanisms. Every time an NFT is created, a token is minted on-chain or a contract is deployed across the ecosystem, and the publisher or creator is charged in VEE. This mechanism helps regulate the token supply and maintain its value.

The Team Behind BLOCKv

The team behind the BLOCKv crypto token consists of experienced professionals with diverse backgrounds in technology, finance, and business development. Here are the core team members and their qualifications:

Core Team Members

  1. Reeve Collins (Co-Founder): Reeve Collins is a serial entrepreneur with a strong background in the digital and technology industries. He co-founded several successful startups, including Tether, the first blockchain-enabled platform to allow traditional currencies to be used like digital currencies, and Traffic Marketplace, a leading online advertising exchange.
  2. Lukas Fluri (Co-Founder): Lukas Fluri is a seasoned entrepreneur with a passion for innovation and technology. He has extensive experience in building and scaling businesses, with a focus on creating engaging user experiences.
  3. Gunther Thiel (Co-Founder): Gunther Thiel is a technology and finance expert with a strong track record in building and managing successful companies. He has held leadership positions in various industries, including finance, technology, and media.
  4. Raphael Noth (Finance): Raphael Noth is a finance professional with expertise in financial modeling, investment analysis, and strategic planning. He has a strong background in finance and has held various roles in the financial industry.

Notable Advisors and Partners

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In an evolving digital landscape, BLOCKv (VEE) stands out by transforming the world of NFTs into dynamic, interactive digital assets called SmartNFTs. Operating on the Ethereum platform, BLOCKv facilitates the creation, minting, and distribution of next-generation programmable NFTs, aiming to revolutionize industries ranging from entertainment to commerce. With a robust ecosystem powered by its utility token, VEE, BLOCKv offers not just a cryptocurrency, but a gateway to an innovative digital economy. Currently trading on 27 active markets and showing a bullish trend, VEE presents a compelling opportunity, blending blockchain technology with creative possibilities. Discover how BLOCKv is setting new standards for digital engagement.

What is BLOCKv (VEE)?

BLOCKv (VEE) is a cryptocurrency that operates on the Ethereum platform. It is designed to power the BLOCKv ecosystem, which focuses on creating, minting, and distributing next-generation programmable NFTs known as SmartNFTs. These SmartNFTs are dynamic, interactive digital assets that can be used in various industries, including entertainment, commerce, and more.

Key Features of BLOCKv (VEE)

  1. SmartNFTs: Unlike traditional NFTs, SmartNFTs are dynamic and interactive, offering a more engaging user experience.
  2. Ethereum-Based: BLOCKv operates on the Ethereum platform, leveraging its robust and secure blockchain technology.
  3. Utility Token: VEE is the utility token that powers the BLOCKv ecosystem, facilitating transactions and interactions within the platform.
  4. Staking Rewards: VEE holders can stake their tokens to earn rewards, providing an additional incentive for holding the token.
  5. Wide Market Availability: VEE is currently trading on 27 active markets, making it accessible to a broad audience.

Market Data and Performance

As of the latest data, BLOCKv (VEE) has a current supply of 3,646,271,241.2002554 tokens, with none in circulation. The last known price of BLOCKv is $0.00896317 USD, showing an increase of 0.54% over the last 24 hours. It is currently trading on 27 active markets, with a trading volume of $5,484.03 over the last 24 hours.

Coin Statistics

  • Current Price: $0.0090
  • Market Cap: $0.00
  • 24h Price Change: 0.54%
  • 7d Price Change: -34.38%
  • 30d Price Change: -7.04%
  • 24h High: $0.0098
  • 24h Low: $0.0075
  • All-Time High: $0.3424 (2018-01-07)
  • All-Time Low: $0.0004 (2020-03-16)
  • Circulating Supply: 0.00
  • Total Supply: 3,646,271,241.20

The Purpose and Utility of BLOCKv (VEE)

The BLOCKv crypto token, also known as VEE, is the utility token that powers the BLOCKv platform. It is used to facilitate transactions and interactions within the platform's ecosystem, which is focused on creating, minting, and distributing next-generation programmable NFTs.

Primary Use Cases

  1. Payment Method: VEE is used as a payment method for various services and actions within the BLOCKv ecosystem. This includes charging publishers or creators in VEE every time an NFT is created or a contract is deployed across the ecosystem.
  2. Staking Rewards: VEE holders can stake their tokens to earn rewards. The staking pool feature allows VEE holders to connect their Metamask wallet, stake their tokens, and start receiving rewards in minutes.
  3. Pay As You Go: The token enables a 'Pay As You Go' style payment system, allowing businesses, creatives, and developers to fund their projects using USD but transacting in VEE. This system simplifies the planning process by using the world's reserve currency for ease of use.

Solving Key Problems

The BLOCKv platform aims to solve the problem of limited functionality, flexibility, and usability of standard non-fungible tokens (NFTs) offered by traditional blockchain technology. The platform's architecture, including the SmartNFT protocol, introduces advanced data structures for tokens, enabling the storage of token data in a more expressive manner. This allows for the inclusion of a wide range of attributes and properties that define the token's characteristics and capabilities.

Tokenomics and Distribution Model

The BLOCKv (VEE) crypto token operates on a tokenomics model that includes a total supply of 3,646,271,241 VEE tokens, with 3,577,903,655 VEE tokens currently in circulation, representing 98.12% of the total supply. The maximum supply cap is set at 3,646,271,241 VEE tokens, which is also the total supply.

Token Distribution

  1. Public Sale: 35% of the total token supply was sold to the public during the token sale.
  2. Innovation Fund: 15% of the total token supply was locked into a 6-year smart contract to fuel innovation in the ecosystem in the future.
  3. Developer Incentives: 25% of the total token supply was allocated to incentivize the developer community and ecosystem partners.
  4. Company Allocation: 25% of the total token supply was held by the company for the team, advisors, and early contributors.

Mechanisms to Control Inflation

To control inflation, BLOCKv has implemented token burning mechanisms. Every time an NFT is created, a token is minted on-chain or a contract is deployed across the ecosystem, and the publisher or creator is charged in VEE. This mechanism helps regulate the token supply and maintain its value.

The Team Behind BLOCKv

The team behind the BLOCKv crypto token consists of experienced professionals with diverse backgrounds in technology, finance, and business development. Here are the core team members and their qualifications:

Core Team Members

  1. Reeve Collins (Co-Founder): Reeve Collins is a serial entrepreneur with a strong background in the digital and technology industries. He co-founded several successful startups, including Tether, the first blockchain-enabled platform to allow traditional currencies to be used like digital currencies, and Traffic Marketplace, a leading online advertising exchange.
  2. Lukas Fluri (Co-Founder): Lukas Fluri is a seasoned entrepreneur with a passion for innovation and technology. He has extensive experience in building and scaling businesses, with a focus on creating engaging user experiences.
  3. Gunther Thiel (Co-Founder): Gunther Thiel is a technology and finance expert with a strong track record in building and managing successful companies. He has held leadership positions in various industries, including finance, technology, and media.
  4. Raphael Noth (Finance): Raphael Noth is a finance professional with expertise in financial modeling, investment analysis, and strategic planning. He has a strong background in finance and has held various roles in the financial industry.

Notable Advisors and Partners

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