BlockBlend Weekly #1
Welcome to the first ever BlockBlend Weekly. The purpose of this article series is to recap our investors on what’s been happening at BlockBlend across development updates, marketing, successes and partnerships, as well as a look into what we have planned going forward.
We have lift off!
What an incredible week it has been for everyone involved at BlockBlend, whether as a member of the team or an investor within our great community. On 30th March 2022 we successfully launched our pre-sale on PinkSale, offering keen investors the opportunity to purchase pre-sale $BBL tokens at launch listing price. The entire pre-sale sold out within 32 minutes of going live, with the public section selling out in under 2 minutes. Following this it was decided to launch our token to the public the next day. Here’s some market highlights from our first week of launching the $BBL token:
- All time high of $0.1098 reached
- Over 1000 token holders
- 45% of total supply locked in BlockBlend farm
Cronos bridge
A lot of development resources in our first week has been looking at how we can continue pushing for innovation by offering a complete anonymous bridging solution.
We’re pleased to announce that the next chain to be implemented to BlockBlend’s anonymous bridge will be Cronos.
Why Cronos?
Cronos is set to become a powerhouse chain in the crypto space for 2022, with more and more defi, NFT and metaverse projects utilizing its development suite and services. There is currently a huge gap in the market for a working BSC — Cronos bridge, with lots of investors facing downtime, high fees and slow transactions when using what is currently available. This gap is something we’re hoping to fill with our anonymous bridging technology.
Over the coming weeks we will be monitoring our community requests and investors needs to see how we can expand further into more blockchains, there has been discussions around accessing more liquidity to fund the chain pools, including long term BUSD/BNB farms. These discussions are ongoing and will be presented to our investors when ready.
Development highlights
Our dev team have been hard at work implementing new UI updates daily to make the experience for investors ‘A-Class’. This included small tweaks to the farming dashboard, showcasing $USD values to the TVL and the addition of countdowns to the pool duration and early withdrawal fee.
Marketing updates
Phase 1 of our marketing plan began with a week of back-to-back AMA’s from members of the BlockBlend team. The objective of phase 1 was to grow our community base with token holders who are willing to grow with the project and stick with us through the highs and lows. It’s extremely important that our community continue to share our announcements and spread the word about BlockBlend’s benefits to their peers.
Phase 2 will begin shortly and is focused around targeting the right audiences who will be using BlockBlend’s products. We have drawn out a list of influencers who promote some of the most established projects in defi. Our goal is to use the reach of these influencers to slowly build on the volume going through our anonymous tools. These types of investors will be the ones who can help make BlockBlend a blue-chip crypto business.
Here are some highlights from our first week of marketing activities
- A voice AMA with travladd, advertised to 53,000 subscribers
- A voice AMA with Gollums Gems, advertised to 33,000 subscribers
- Over 8 other AMA’s with niche crypto communities
Conclusion
We just want to close this weeks article by saying thank you to our investors. You have made this possible, we will continue to innovate and extend BlockBlend’s reach with ongoing marketing activities and developmental updates.
