Tokenomics
Faith Based Ecosystem
BlackChain Token (BLACK)
Total Supply & Vision for Deflation
The total fixed supply of BLACK tokens is 1,000,000,000 (1 Billion).
However, BlackChain is implementing a long-term deflationary model designed to reduce the total circulating supply to 210,000,000 BLACK tokens, mirroring the scarcity of Bitcoin while still supporting sustainable token utility across education, rewards, staking, and governance.
Deflation will be achieved through ongoing token burns tied to:
Transaction fees
Premium content purchases
Learn2Earn reward redemptions
Staking activity and platform access
Allocation Overview
BLK Token Presale
Token Details
Name: Black
Symbol: BLK
Standard: ERC-20
Decimals: 18
Network: Base Mainnet
Max Supply: 1,000,000,000 BLK
Minimum Supply (Deflationary Floor): 210,000,000 BLK
Transfer Burn Rate: Default 2% (owner adjustable)
Minting: Owner-only, within capped supply
Ownership: Uses Ownable2Step for secure handover
Presale Configuration
Presale Contract Address: 0xcd2d28DFC4b914C573098bAEB3886ab467c8Da5E
Presale Allocation: 300,000,000 BLK
Token Price: 0.1 UDSC per 1 BLK (owner adjustable)
Minimum Purchase: 1 BLK
Presale Duration: xx days from launch (owner adjustable)
Payment Method: USDC
Presale Contract Details
Deployer: 0xBC9DCd8bed46e2e0CD9fdE4aC4F38fABeB17338b
Black token: 0x1D10cDCBFFc12B05a3ddD895219BC21e788aB242
Presale Implementation: 0x0A5545E8d8f6AF9011764Ca351062b556a18065F
Presale Proxy: 0xB6B6135C7Db6bF600AB5E05219d7B0e8527E189b
Vesting & Claiming
Founder & Executive Token Access
Initial Release: 0%
Vesting: 5% released every 2 years
Total Lockup Period: 20 years
Tier 1 - Retail Tier
Token Range: 6,000 tokens and under
Unlock: 100% unlocked
Purpose: Designed for retail participants and Learn-to-Earn users to ensure early access and liquidity.
Tier 2 - Community Tier
Token Range: 6,001- 59,999 tokens
Vesting Schedule (6 Months):
Month 1: 15% unlocked
Month 2: 15% (30% total)
Month 3: 20% (50% total)
Month 4: 20% (70% total)
Month 5: 15% (85% total)
Month 6: 15% (100% total)
Purpose: Allows moderate liquidity for mid-tier supporters while maintaining long-term project health.
Tier 3 - Investor Tier
Token Range: 60,000+ tokens
Vesting Schedule (6 Months):
Month 1: 10% unlocked
Month 2: 15% (25% total)
Month 3: 15% (40% total)
Month 4: 20% (60% total)
Month 5: 20% (80% total)
Month 6: 20% (100% total)
Purpose: Supports price stability while aligning early backers with our long-term vision and growth.
Presale Finalization
The owner has the ability to manually finalize the presale at any point after the scheduled end time has passed.
Once the presale is finalized, no further token purchases are permitted.
Security & Admin Controls
UUPS Upgradeable Smart Contracts
Pausable Presale & Claim Functions
Token Recovery & Rescue Functions
Configurable Presale Parameters (price, end time, vesting)
Cold Wallet withdrawal for raised USDC
User Flow
Users connect their wallet to the website and will see their USDC balance.
They purchase tokens and approve the transaction. This transaction can be verified on BaseScan.
During the presale period, purchased tokens will not automatically appear in MetaMask.
To view their token balance, users should navigate to the presale contract on BaseScan: https://basescan.org/address/0xB6B6135C7Db6bF600AB5E05219d7B0e8527E189b
On the contract page, select the "Read as Proxy" option.
Enter the wallet address into the "investors" field to see the token balance.
Note: The balance is displayed with 18 decimals. For example, a balance of 2,000,000,000,000,000,000 represents 2 tokens.
After the presale has ended, users will be able to claim their tokens through a claim button on the website. This button is not live yet to prevent user confusion.
The amount of tokens a user can claim is equal to their vested tokens minus any tokens they have already claimed.
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