A Decentralized VC cannot grow without a thriving community and ecosystem that onboards new projects and use cases. This section describes the BLP token, its allocation mechanics, and emission logic.

BLP Token

BullPerks can only operate as a decentralized platform if there is an underlying token to support its infrastructure. BLP token is the main utility token that will grant access to the BullPerks platform and deals. The more BLP tokens you hold the higher tier/membership level you have which allows you to invest higher amounts and get access to better deal allocations.

Besides allowing people to become members of BullPerks ecosystem and participate in VC and IDO deals, BLP tokens will also grant BullPerks members access to staking and farming services.

We are implementing the BLP token as a BEP-20 token. In doing so, we are opening an entire wealth of opportunities that members can tap from BSC, fast block times, and cheaper transactions.

Anyone can become a member of BullPerks by acquiring BLP tokens during the TGE scheduled on 16th of June 2021. Upon purchasing BLP tokens, token holders become members of BullPerks and when they lock tokens it will define their tier, receiving all of the rights implied under smart contracts implementation.

BLP Token Sale Specifications

The table below summarizes BLP token sale specifications:

BLP Token sale specifications

FeatureSpecification
DeploymentBSC
Token NameBLP
Total Token Supply300 M BLP
TGE6MBLP
BurnableNo. The 3% fees on investment will go fully to buy backs as well as Using 10% of the profits of the company investments! Goes to the treasury!
MintableNo. Fixed amount will be issued on BSC chain.
Supported stable coinsBSC: BUSD, BNB, USDT, USDC BullPerks will add more tokens in the future as the platform improves.

Token Allocation

The table below summarizes BLP token sale distribution:

Section% Allocation
Treasury27.5 (82.5 million BLP)
Liquidity and Staking rewards20 (60 million BLP)
Token sale19.5 (58.5 million BLP)
Team13 (39 million BLP)
Foundation10 (30 million BLP)
Advisory5 (15 million BLP)
Operations5 (15 million BLP)

The chart below summarizes the token allocation:

  • Liquidity and Staking Rewards 20
  • Treasury 27.5
  • Token Sale 19.5
  • Team 13
  • Advisory 5
  • Operations 5

Token Sale

The token sale took place from 06/16/21 to 06/16/21. During the sale, 19.5 (58.5 million BLP), which translates to US$$2,120,000, were sold as follows:

Section% Allocation
Seed2 (6 million BLP) 1 BLP =US$0.02. This translates to US$120,000 5% free immediate from Token Generation Event 5% of the tokens will be released in month two and 9% every month after
Strategic operations5.5 (16.5 million BLP) 1 BLP =US$0.03. This translates to US$495,000 8% free immediate from Token Generation Event 9.2% of the tokens will be released every month after
Private10 (30 million BLP) 1 BLP =US$0.04. This translates to US$1.2 million 11% free immediate from Token Generation Event 8.9% of the tokens will be released every month after
Public2 (6 million BLP) 1 BLP =US$0.05. This translates to US$ 300,000 50% free immediate from Token Generation Event 25% of the tokens will be released every month after

The chart below summarizes the token allocation:

  • Seed 2
  • Treasury 5.5
  • Token Sale Private
  • Team Public