> For the complete documentation index, see [llms.txt](https://docs.blackchain.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.blackchain.io/presale-and-token/tokenomics.md). # Tokenomics ### BlackChain Token (BLK) BLK is BlackChain's access token, built on Base — the connective layer between education, participation, and future digital capital systems within the ecosystem. It's designed to support activity across the platform, aligning users with the broader development of BlackChain rather than existing as a standalone speculative asset. **Identity:** BLK combines four elements working together: * **Access** — the key to BlackChain's ecosystem and the growing Marketplace * **Deflationary economics** — supply designed to decrease over time toward a fixed floor * **Governance** — a voice for holders in community programs, Foundation initiatives, and giving/sowing decisions (roadmap — coming soon; final direction remains under leadership's guidance) * **Utility** — centered on Learn2Earn today, expanding as tokenization comes online **How to acquire BLK:** Presale (live now), open trading (once presale closes), or earned through Learn2Earn education — no purchase required. **The intended path:** Education first — validate your understanding of blockchain, crypto, and trading through Learn2Earn — then access follows. Intended path, not a hard gate, since BLK is also directly purchasable. **Education first. Access second. Speculation never.** ### Total Supply & Vision for Deflation * **Max Supply:** 1,000,000,000 BLK (fixed) * **Deflationary Floor (target):** 210,000,000 BLK — mirroring the scarcity model of Bitcoin, while still supporting sustainable token utility across education, rewards, staking, and governance Deflation is designed to be achieved through ongoing token burns tied to: * Transaction fees *(roadmap — activates post-presale/open trading launch)* * Premium content purchases *(roadmap — activates as the Marketplace launches)* * Learn2Earn reward redemptions *(roadmap — activates as L2E scales)* * Staking activity and platform access *(roadmap — staking itself is not yet built)* Given Learn2Earn's recent soft launch, none of these burn mechanics are active yet — all are part of the roadmap. ### Token Details | Field | Value | | ----------------------------------- | ------------------------------------- | | Name | Black (formal contract name) | | 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 | Field | Value | | ------------------------ | ------------------------------------------------------------------------------------------- | | Presale Contract Address | 0xcd2d28DFC4b914C573098bAEB3886ab467c8Da5E | | Presale Allocation | 300,000,000 BLK (30% of total supply) | | Token Price | 0.1 USDC per 1 BLK (owner adjustable) | | Minimum Purchase | 1 BLK | | Presale Duration | Extended — updated timeline to be announced as presale continues generating strong traction | | Payment Method | USDC | ### Presale Contract Details | Contract | Address | | ---------------------- | ------------------------------------------ | | Deployer | 0xBC9DCd8bed46e2e0CD9fdE4aC4F38fABeB17338b | | BLK Token | 0x1D10cDCBFFc12B05a3ddD895219BC21e788aB242 | | Presale Implementation | 0x0A5545E8d8f6AF9011764Ca351062b556a18065F | | Presale Proxy | 0xB6B6135C7Db6bF600AB5E05219d7B0e8527E189b | ### Vesting & Claiming #### Founder & Executive Token Access * **Initial Release:** 0% * **Vesting:** 5% of allocated tokens released every 2 years, continuing until 100% is fully vested * **Full Vesting Timeline:** Approximately 40 years #### Tier 1 — Retail Tier * **Token Range:** 6,000 tokens and under * **Unlock:** 100% unlocked immediately * **Purpose:** Designed for retail participants and Learn2Earn 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% · 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% · 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 1. Users connect their wallet to the website and see their USDC balance. 2. They purchase tokens and approve the transaction — verifiable on BaseScan. 3. During the presale period, purchased tokens will not automatically appear in MetaMask. 4. To view token balance, users navigate to the presale contract on BaseScan: , select "Read as Proxy," and enter their wallet address into the "investors" field. 5. Note: balances display with 18 decimals (e.g., 2,000,000,000,000,000,000 represents 2 tokens). 6. After the presale ends, users can claim tokens through a claim button on the website. This button is intentionally not live yet, to prevent user confusion. The claimable amount equals vested tokens minus any already claimed. --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter: ``` GET https://docs.blackchain.io/presale-and-token/tokenomics.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. 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