BonusBlock Review
Hello everyone! I would like to write today a big and abundant article on the project BonusBlock, in the article we will analyze most of the various information on the project, from the founding to the current achievements of the project and partnerships
General Information
BonusBlock was launched in early 2023 as a protocol aimed at enabling users to interact and adapt to vendor solutions. The main objective is to enable ecosystems to attract new users, establish relationships and promote the exploration of applications and features offered by them.
The project is currently collaborating with Injective, ByBit, BingX, Axelar, Space ID, CeDeFi, XION by Burnt, Nibiru, EclipseFi, Axelar, Synthr, Archway, Elys Network, GOV.DAO, Landslide, Oraichain, Midnight Evergreen, Axelar, Kasu Finance, RTF, Unigrid, Solcial and many more!
Significance of the project for the world of cryptocurrency
All projects in the world of cryptocurrency need popularity and recognition, it is necessary to increase the income of the project and for its further improvement and existence
BonusBlock helps to solve the problem of recognizability and popularity of projects, as well as attracting new users to the project. With evolving gamified quest platforms, the demand for users who genuinely participate and actively interact is reaching unprecedented heights as the industry grapples with the problem of bots and selfish behavior. With its unique approach, BonusBlock is changing the rules of the game in online commerce by offering a specialized platform to attract a quality audience. Using artificial intelligence modeling based on transaction data and hundreds of APIs, the platform segments users by quality levels and wallet parameters.
WEB3 problems and their solutions from BonusBlock
Since 2008, the world of cryptocurrency has been gradually developing and at the moment is far from the start of its journey, cryptocurrency has quite a large number of users and with each year comes new projects that face the same problems — the struggle for user engagement. To solve this problem, it is necessary to look for effective ways to attract customers without significant costs, for example, by improving SEO, content marketing, social media, etc. It is also worth paying attention to developing innovative products and services that will appeal to the target audience. It is also important to constantly analyze the market and competitors to keep abreast of the latest trends and be able to react quickly to changes.
In addition to BonusBlock there are platforms that address the issue of attracting new users to projects by giving away tokens, issuing NFTs and rewarding them in the form of stablecoins for a series of actions, but these platforms have serious problems:
Insufficient protection of personal data and privacy. Many platforms do not sufficiently protect users’ personal data, which can lead to information leaks and privacy breaches. This creates a negative experience for users and undermines trust in the project.
Ineffective community management. Many projects face the problem of ineffective community management, which can lead to conflicts, negative discussions and loss of users. Inadequate community engagement and lack of user support can lead to fading interest in the project.
Lack of a long-term development strategy. Many projects focus on short-term goals and lack a clear long-term development strategy. The lack of a plan for the future and a strategic vision can lead to instability and failure of the project in the long term.
In addition to these problems, there are a number of other problems that also affect future activities:
1.Inadequate target audience . Because of the wide audience on social media, it can be difficult to accurately identify your target audience and get your message across.
2.Limited ability to capture user data . Social media platforms have limited user data capabilities, making it difficult to personalize marketing campaigns.
3.Inadequate data protection . Web3 strives for greater privacy and security of user data, but there are problems with leaks and inadequate protection of personal information on existing social media platforms.
4.Inefficient use of innovative technologies . Many social media platforms are slow to adapt innovative technologies, making it difficult to capitalize on new marketing opportunities within Web3.
Overall, existing social media platforms present some barriers to the successful promotion of Web3 initiatives, requiring new approaches and strategies in marketing and communications.
BonusBlock enhances the online interaction ecosystem by emphasizing these key areas:
1. Trading platform using artificial intelligence to evaluate data: it is a first-of-its-kind online marketplace that provides users with valuable information through analyzing their wallets, quality certificates for earning and the ability to participate in projects.
2. White Label Dashboards at Level 1 and Level 2: BonusBlock provides customers with personalized dashboards that facilitate communication in their ecosystem. This includes showcasing apps developed on our platform, as well as detailed descriptions of the work and rewards in the network.
The BonusBlock Token
Of course, like all projects, BonusBlock has its own token, $BONUS, which acts as a service and management token for the BonusBlock trading platform and ecosystem. In addition, the $BONUS token has an incentive program for users and project participants, which promotes active participation and community development. Taking into account all these factors, we can say that the development strategy of the $BONUS Token is focused on long-term sustainability and growth of its value.
The $BONUS tokens are distributed as follows:
- Treasury: 10,000,000 tokens (10%) reserved with no initial unlocking, with a 6-month transition period followed by 24 months of monthly transition.
- Community Access Pool: 47,700,000 tokens (47.7%) allocated without initial unlocking, with a 3-month transition schedule and a 48-month linear transition.
- Ecosystem Growth: 9,500,000 tokens (9.5%) are earmarked for ecosystem growth, with an initial circulation of 475,000 tokens at the TGE event and a 5% unlock, followed by 24 months of daily linear migration.
- Liquidity: 5,000,000 tokens (5%), of which 3,000,000 tokens will be initially available on TGE, representing 60% of this allocation, and with a 6-month daily linear rollover.
- Public sale: 2,800,000 tokens (2.8%) are allocated for public sale, with 25% initially available on TGE, followed by a 1-month spike and 5 months of daily linear transition.
- Fundraising (initial): 6,000,000 tokens (6%) are allocated for initial fundraising, with an initial issue of 300,000 tokens on TGE, followed by a 5-month period and 20 months of daily transitions.
- Fundraising (private): 7,000,000 tokens (7%) allocated for private fundraising, with 8% available on TGE, followed by a 3-month period and 16 months of daily transition.
- Team: 12,000,000 tokens (12%) allocated to the team, no tokens unlocked at TGE, followed by a 9-month hiatus and a 24-month linear transition period
This token distribution system is designed to meet the needs of all participants and ensure the stability and long-term success of the $BONUS token ecosystem.
I would also like to clarify that the token was initially issued in another network and eventually migrated to the BASE network. The reason for this is simple — Migration of the token to a new contract occurred due to the Hedgey Finance exploit. The BASE network was chosen due to the strategic goals of the project. All token holders received a 1:1 token airdrop in the BASE network.
More information about migration you can read here: https://mirror.xyz/bonusblock.eth/Pc91_5W03RIRcqcrGosXDnKOa88CexiBjxulD6wo-Dk
The token is currently traded on coingecko, Bybit, CoinMarketCap, HelixApp, gate_io, Base, UniSwap
Fundraising
Web3 still faces serious challenges in attracting quality users as bots dominate quest platforms. That is why investors are looking for new projects and investing in them for their further development, this has not bypassed BonusBlock either. That’s why BonusBlock has raised $2.3 million from investors such as Laser Digital (Nomura Group), iAngels, Cogitent Ventures, NewTribe Capital, Faculty Group, Kyros, ZBS Capital, Rarestone, LVT Capital, and others, including well-known industry experts.
As I’ve written before, BonusBlock offers a significant advantage over gamified and fraudulent bot activity, making it more reliable and easier to engage verified users based on artificial intelligence. This creates a safer environment for projects that want to connect with a high quality user using both marketplace and customized solutions. The use of artificial intelligence enables scalability and trust through transparent and understandable quality assessment based on smart contracts and transactions.
Ambassador Program
And at the end of the convo, I would like to recommend you an ambassadorial program from this project
BonusBlock has developed a program to recognize and reward our supporters and creators for their contributions to the project. The goal is to create a fair system that makes this program equitable and effective for all participants.
The whole program is divided into three stages, depending on your contribution to the project: “Just a block”, “BONUS enjoyer”, “Blocktopian master”. In order to start participating and trying out roles you just need to go to the project’s Discord and start making different content, or you can chat in the chat room, helping newcomers
More information about Ambassador Program you can read here: https://mirror.xyz/bonusblock.eth/Pc91_5W03RIRcqcrGosXDnKOa88CexiBjxulD6wo-Dk
Conclusions
This is goodbye, but not for long, because soon I will write more tracks on the achievements of the project. I hope the article was helpful and you emphasized and learned a lot for yourself.
At the bottom I’ll leave links to the various project resources that were involved in this article that I think are essential, be sure to click through and check them out.
Links to the official sources:WebSite — https://www.bonusblock.io/Twitter — https://twitter.com/bonus_blockTelegram — https://t.me/bonusblockDiscord — https://discord.com/invite/bonusblockReddit — https://www.reddit.com/r/BonusBlock/?rdt=53837Mirror.xyz — https://mirror.xyz/bonusblock.ethLink3—https://link3.to/bonusblock