BlockBlend Evolved — Part 2
As we mentioned last week, the upgrade to BlockBlend Evolved is comprised of 5 major “Pillars” that make up the core upgrades and additions to our platform. In this article, we’ll be exploring Pillar 3: BlockBlend Premium Subscription and utility NFTs.
BlockBlend Premium Subscription
BlockBlend is excited to announce our Premium Subscription service. This service will be available to users who hold 50,000 $BBL tokens and offers a range of exciting benefits.
Premium Subscription users can enjoy higher bridging limits, with the maximum bridging amount being 50% higher than the normal limit for all supported chains. For example, Premium users can bridge up to 75 $ETH in one transaction as opposed to the normal 50 $ETH. Relayer fees are also cut in half for Premium users. A standard user pays from 0.5 to 1% while a premium users will have their relayer fee reduced to 0.25 to 0.5%.
The new Anonymous Cross-Chain Dispenser feature allows Premium users to distribute blended assets into multiple wallets, all in just one transaction. This feature is ideal for those looking to distribute funds anonymously across multiple wallets while maintaining their privacy.
BlockBlend Privacy Pass NFTs
To reward early adopters of the upgraded BlockBlend platform and our current community, BlockBlend is making available a limited number of NFTs that offer even more features than BlockBlend Premium subscription while having some killer mint incentives! The mint will be limited to 500 NFTs only and with a tiered pricing system that will reward early minters with a rock bottom price, and graduall increase as the NFTs are minted out.
On top of the incentivizing early supporters with the tiered pricing, we’re including a several exciting opportunities in the mint:
Mint Raffle
10% of all funds raised will be raffled off to NFT minters, with every mint counting as one entry. The prize pool will be divided among multiple lucky winners.
Random $BBL Buybacks
15% of the funds raised will be used for random $BBL buybacks and promotional events.
BlockBlend Merch Rewards
25 special NFTs will reward their minter with free BlockBlend merchandise. Scan the QR code on your NFT to view all the information on your NFT and see if you’re a winner!
NFT Discounts
The BlockBlend Privacy Pass NFTs are unique digital assets that grant access to all BlockBlend Premium subscription benefits but with even greater fee discounts. Your NFT tier sets the fee discounts and is as follows:
- Tier 1: 55% off relayer fees
- Tier 2: 60% off relayer fees
- Tier 3: 65% off relayer fees
- Tier 4: 70% off relayer fees
NFT DAO Voting
BlockBlend continues to mature as a project, and with that, the team is taking steps towards empowering our holdings and embracing further decentralization. The BlockBlend Privacy NFTs will be our first move in building out DAO functionality on the BlockBlend platform.
After the launch of BlockBlend Evolved, we will be bringing online support for three additional blockchains and these will be chosen a vote from NFT holders! Additional DAO functionality is planned and will be rolled out as we test the waters and grow this new phase of the platform together, as a community focused on all things privacy.
These NFTs are a limited edition, with only 500 available. They offer a fantastic opportunity to secure a BlockBlend Premium Subscription at a discounted price, with the added benefit of some great incentives. As the BlockBlend platform continues to evolve and add functionality, holders of the Privacy Pass NFTs will see the utility (DAO and otherwise) of their NFTs grow and evolve along with BlockBlend.
What’s Next
The BlockBlend platform continues to evolve and improve, providing users with even more options and benefits. The Premium Subscription service and Privacy Pass NFTs are just two of the exciting new additions to the platform, with the most exciting reveal yet to come! We look forward to seeing our community take advantage of these new features and explore all that BlockBlend has to offer.
