BLOCKS
  • Mission and Founding Documents
    • BLOCKS Mission
    • Intro to BLOCKS and the Industry
      • What is a DAO LLC?
      • BLOCKS DAO LLC VS Traditional Organization
      • How are DAOs Created?
      • DAO Advantage
      • The BLOCKS DAO
      • Why Join the DAO?
    • Operating Agreement
    • Opinion Letter
  • Tokenomics
    • Current Token Allocation
      • Liquidity Pools
      • DAO Builders & Partners
      • Yield Farming & Staking
      • Pre-Sale
      • Founders
      • Advisors
      • Airdrop
      • Community Team Rewards Program
      • Corporate Treasury
  • BLOCKS Utility
    • Building BLOCKS
  • Case Studies
    • Ke'Bryan Hayes Branded Metaverse Store and Merchandise Collection
    • SDSU Athletics - NFT Collectibles Program
    • Deltanauts NFT Collection
    • BAPES NFT Collection
    • Immortalizer App
  • The BLOCKS Registry
    • What is the BLOCKS Registry?
      • Consumers
      • Corporations
      • Government
    • How to Register
  • Verified by BLOCKS
    • Overview
    • Verification and Registry Pricing
    • Partner Onboarding
  • Staking and Yield Farming
    • Traditional Staking Campaigns
    • Liquidity Pool Staking Campaign
  • Wallet
    • Contract Address
    • How to Buy BLOCKS
      • Setup MetaMask with BLOCKS
      • UniSwap V2
      • Etherscan
  • Discord Server
    • Tokenized Community / Membership Tiers
      • Gold
      • Silver
      • Member Only
    • How to Enter the Tokenized Community
    • Collab.Land Bot + Connecting Wallet
      • Connecting to Collab.Land with a Mobile Wallet
      • Trouble Connecting to your Wallet from Collab.Land
      • Collab.Land Security & Privacy
    • What Channels Can I Join Without Having Tokens?
    • Discord Server Rules
  • FAQ
    • Where is the Token Listed?
    • How Can I Purchase BLOCKS?
    • Is BLOCKS a Cryptocurrency?
    • Can I Trade My Tokens?
    • How do I Spend my Tokens?
    • What Happens if I Sell My Tokens and I'm in the Tokenized Community?
    • Do I have to Spend Tokens to be a Part of the Tokenized Community?
    • Will We Still be Able to Receive Announcements if We Aren't a Part of the Tokenized Community?
    • How do I Setup MetaMask with BLOCKS?
    • How do I Join the Tokenized Community?
    • When will BLOCKS be Fully Decentralized?
    • What is the connection between Block 30 and BLOCKS?
    • Is BLOCKS running on EOS?
    • When leveraging the Blocks platform, what programming languages are accepted?
    • Is the BLOCKS an ERC20 or ERC777 token?
    • How will Blocks DAO smart contracts improve global P2P on the blockchain?
    • Does BLOCKS have any case studies?
    • Corporate Treasury is allocated 25% of tokens. Can you clarify what exactly that means?
    • Are Polls in Discord the same as the DAO voting in Snapshot?
    • As a blocks holder, do I get a portion of revenue generated by Blocks DAO llc?
    • Will BLOCKS utilize existing bridges/sidechains or home brewed bridges/side chains?
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  1. FAQ

Is BLOCKS a Cryptocurrency?

Partly. BLOCKS is a digital asset that has a multitude of utilities. The primary utility of the token is to govern the DAO. Token holders will have the right to submit improvement proposals and vote on corporate actions. Through some of our partnerships, BLOCKS maybe be used as a currency on third party platforms for goods and services. Additionally, BLOCKS may be used across government agencies as a case study for distributed ledger and cryptographic asset case studies.

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Last updated 3 years ago

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