BLOC platform Airdrop is worth 215.000 MDAB tokens (aprox USD$5600) in total. Tokens will be distributed on a first come first serve basis:
- The first 100 participants will get around 300 MDAB tokens (~$ 8) each.
- The next 400 participants will get around 150 MDAB tokens (~$ 4) each.
- The next 1500 participants will get around 50 MDAB tokens (~$ 1.30) each.
- Lottery system for everyone else: 50,000 tokens up for grabs! For people who participated after the 2,000 marks, BLOC platform will randomly choose 1000 people and distribute each person 50 MDAB tokens (~$ 1.30).
The New York-based blockchain network creates a platform where investors can have an opportunity to invest in projects which have an impact on society as a whole. Blockchain tech has always been about breaking the barriers, and DLT communities have come forward more often than not for the righteous causes.
Many blockchain projects have come up which focus on fighting social problems. For instance, technology behemoth IBM is working on a blockchain project to eliminate the evil of counterfeit medicine in African nations. Last month, Huobi Exchange and Dogecoin came together to raise funds for Grateful Dog Rescue, a San Francisco based canine rescue and sheltering organization.
Blockchain and crypto have also helped various recession-hit and hyperinflation-struck countries like Venezuela and Zimbabwe, giving the citizens a more stable option to survive the economic downfall. More interestingly, blockchain and crypto can also be used to help people fighting social injustice. Earlier in April, donations poured in the form of Bitcoins and other altcoins for the raising funds for the legal battle of Wikileaks founder Julian Assange.
BLOC’s partnership with Binance is huge, given the dominance of the latter in the crypto space. MDAB is a utility token, which will be used on BLOC, to facilitate philanthropic activities taking place on the platform.
Issuing the token on Binance Chain will enable BLOC to build a transparent, decentralized and immutable ecosystem of community members, including financers, investors and users. This would create a social bond between the community and the society, based on kindness and love, says the company in a blog post.
Check more info @ blocplatform.com
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