BLOCKSTER - Social network join hands with Enjin to giveaway FREE NFTs (worth 50 ENJ)

By CryptoBlocker | Crypto Street | 24 Aug 2021

Blockster - a new social network platform focused on Crypto.

In the words of its founder Adam Todd, it is primarily going to be a social platform, where the community discuss and read about exciting crypto projects, upcoming ICOs and all other crypto news including Airdrops and so on.

Apart from the usual things which is expected in a social platform, it will also have a blockchain learning platform called Blockademy and live coin ranking.

Hearing all these makes me think, that someone is trying to build another Coinmarketcap, with social network flavour to it, just to ride the crypto wave. Yes, they a native token is $BXR and it is up for sales at Digitex exchange. Again this exchange is from the same group which is building Blockster.

Their business model is simple, earn revenue through Cryptocurrency and crpyto project related advertisements. And that is were this BXR tokens comes into picture.

Tokenomics of $BXR goes as follows,

i) Advertisers buy BXR tokens - For posting Ads in the platform

ii) 5% of the Ad revenue (BXR) will be burned

iii) 20% of the Ad revenue (BXR) will be shared with the BXR stakers

iv) So with limited supply of BXR - it is going to be deflationary in nature and thus rising in value

We have to wait and watch whether this social network platform is here to succeed or it is going to be sinking ship!

But what is interesting now for us is the FREE LIMITED EDITION NFTs which the platform is offering for its early users, through collaboration with ENJIN.