Cross-chain Token Burning Protocol — Black Hole Value Analysis
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Introduction
The BlackHole Protocol is an approval-free cross-chain burning platform based on the Ethereum network. Any user or project governor can create a burning pool by holding the BLACK and old token liquidity pool, thereby permanently burning the old Token and then, generating a new Token.
The BlackHole Protocol originated from the Ethereum network and will gradually spread towards Polkadot, BSC, Heco, SOL, and ultimately the entire blockchain world. The BLACK token, which is Black Holes’ Token, will inflate suddenly at the very beginning and then instantly enters a perpetual deflation model, and continue deflating with the ecological reconfiguration process.
BlackHold Protocol is designed with NFT and cross-chain support. When the opportunity arises, BlackHole Protocol will quickly launch NFT rewards and cross-chain burning, laying a solid foundation in order to penetrate into a wider and larger cross-border ecosystem.
Tokenomics
Financing Situation
The institutional round of BlackHole Protocol has been completed, with 14 investment institutions involved including NGC, AU21, X21, Power Law Capital, ShinChan, Oasis Capital, Crypto Times, 0xAlpha, BigCoin Capital, Gate Labs, MXC Labs, Winkrypto, Redline Capital and HeartBit.
BLACK’s Application Scenario Analysis
BLACK’s Platform Revenue (trading fees and governance usage)
Version V0.1 of the BlackHole Protocol will be provided free-of-charge to project parties, and in the future, trading fees will be charged for token burning and reward distribution. All the trading fees will be used in BLACK buyback. Subsequently, BLACK stakers can participate in governance through staking.
Mining
The lifecycle of the BLACK Token is divided into 3 stages: Birth — Thriving — Inflation/Deflation.
During the “Birth” stage, the stake mining and liquidity mining of BLACK Token will begin after the initial issuance through IDO.
BLACK plays a core role in the ecosystem, in which its value lies in being able to participate in project governance, serving as an ecosystem exchange medium and providing liquidity rewards etc. As the BlackHole Protocol burns and deflates, the number of BLACK Tokens will approach 0.
3,518,437 BLACK expected to remain after 15 cycles (≈3.518%)
1,152,921.6 BLACK expected to remain after 20 cycles (≈1.15%)
IIO & IEO & IDO
100 million tokens of BLACK issued, in which the IIO & IEO & IDO subscription price is US$0.05, with no locking period, the initial evaluation of BLACK at this stage is US$5 million.
From 26th to 29th of April, listed for the first time on Helmet. insure, Gate.io, MXC, Bounce, WeStarter and other platforms, and offered for 24 hours on WeStarter & MDEXLBP on the 28th of April at 21:00.
