Hello, World! Welcome to BlackBox Finance
BlackBox is a decentralized, perpetual, trading lottery being launched on the Binance Smart Chain.
BlackBox v0.2 will launch on the Binance Smart Chain (BSC) for obvious reasons (GAS!!), which makes it viable for traders to play the game without incurring massive gas costs. Future releases are planned on the ETH network, and possibly others.
What is BlackBox?
BlackBox is a fork of the World Token codebase, which itself is a variant of the RFI instant rewards system, with changes and additions made to the core ‘reflect’ mechanisms.
The game is designed to instantly reward $BBOX holders with 1% from the 5% fee associated with each transaction.
The remaining 4% are sent to accumulate in the BBOX lottery fund, which is automatically transferred to a lucky trader upon reaching ≥10,000 $BBOX.
Why play BlackBox?
All one has to do is trade and/or hold $BBOX tokens to enjoy both rewards.
▪️HODLERS — earn fees for holding
▪️TRADERS — win jackpot by trading
How does the lottery work?
4% Tx fees accumulate in the BBOX lottery wallet with every trade, the entire balance of which is automatically transferred to one lucky wallet that has purchased $BBOX tokens since the last jackpot.
After each jackpot win, the lottery pool is refreshed, so traders may have a fair chance to win the next jackpot.
Step 1:
▪️Buy $BBOX to enter lottery pool
▪️Every buy Tx = 1 entry
▪️Unlimited entries per wallet
Step 2 :
▪️Hold to earn instant rewards
▪️Trade/Buy to stack more entries in lottery pool
Step 3:
▪️Lottery is triggered when jackpot >= 5000 $BBOX
▪️Random wallet entry from lottery pool selected as winner
▪️Jackpot is instantly transferred to winning wallet
▪️Lottery pool is cleared after every win
Step 4:
▪️Repeat
How to enter the lottery?
- Easy, just buy $BBOX tokens on PancakeSwap (when it’s launched)
- Each $BBOX ‘buy’ transaction represents 1 lottery ‘ticket’
- A wallet may earn unlimited entries, stack them up to increase your odds
How to receive the lottery winnings?
Do nothing! $BBOX tokens are automatically sent to the winning wallet.
Lottery Example
- John has made 5 $BBOX buy transactions since the last jackpot.
- David has made 10 $BBOX buy transactions since the last jackpot.
- On John’s 5th purchase, the lottery wallet’s balance is pushed to 5,250 $BBOX.
- The lottery is triggered with 15 wallet entries, 5 for John and 10 for David, giving John a 33% chance of winning and David a 66% chance.
- The winning wallet is randomly selected, let’s say it’s John’s, and instantly receives the full 5,250 $BBOX jackpot.
$BBOX Token
In it’s initial state, $BBOX token will have the following characteristics:
- 5% fee on every transaction
- ️1% rewards instantly reflected back to each holder
- ️4% rewards accumulate in the BBOX jackpot
- ️Jackpot triggered at 5000 $BBOX
Tokenomics:
▪️ Total Supply: 1M
▪️ Presale: 500K
▪️ Initial Liquidity: 200K (locked with Wealthlock)
▪️ Dev & Marketing: 200K (released 10% per month)
▪️ Team: 100K (released 10% per month)
▪️ Initial Circulating Supply = 700K
Token Sale start March 8th, 00:00 UTC (Countdown at blackbox.finance)
▪️$BBOX for sale = 500,000
▪️$BBOX price = 0.002 BNB
▪️Softcap/Hardcap = 200/1000 BNB
Future plans, Roadmap
BlackBox Finance short term plans include the following:
- Build an awesome and strong community around the project and team
- Presale and token launch
- Liquidity added and the games begin!
- Update website with a more interactivity and information on the current jackpot, recent winners, pull on-chain data, etc.
- Explore possible partnerships and collaborations with others in the crypto lottery and gaming, NFT, farming spaces (and potentially more)
- Enable rewards and incentives for Liquidity Providers
- Develop BlackBox v1.0, including NFT rewards, LP staking rewards, and additional games on the ETH mainnet
Long term plans and a complete roadmap will be published post-launch.
The BlackBox Team
- “Moms” — The PM — has been in the crypto space since 2017, as an investor, trader and more recently, developer. Moms always stays on top of the latest crypto trends, and over the years has learned to ride the waves. Moms has been a developer for over 21 years in almost every development environment. Moms has held developer and executive positions primarily in Finance related industries, which was the reason a jump into the crypto space made perfect sense. Moms’ role in BlackBox is to be the primary driver for developments, strategy and to be the glue that keeps it all together.
- “D” — The Dev — is a Solidity developer that’s worked on a number of projects that have never left the shelf. D’s preference is to build highly functional smart contracts to achieve the most interesting use cases, but mostly as a personal hobby. D’s background as a developer stretches back over 25 years, and includes stints at Raytheon, Nortel Networks and Bell. D’s role within BlackBox is to, well, develop.
- “Scotch” — The Artist — is a graphic designer with a background in 3D modelling and game design. He’s also a rapper and producer from the 90’s hip-hop scene, Scotch has never stopped being an artist, only changed canvases.
While the team chooses to remain anon for now, a successful launch and growing community will leave us no choice but to dive in full-time, at which point staying anon wouldn’t make sense or even be possible.
We hope to add additional team members to the project that can help push towards our goals. If you are interested in being a part of the team and helping us out in: development, marketing and community, please reach out to us on Telegram.
Token Contract:
▪️https://bscscan.com/address/0x43d0d3fc54896879377bb0ad22c335fff5b23d72
Social Links:
▪️ Website — blackbox.finance
▪️ Medium — https://medium.com/@blackbox_finance
▪️ GitHub — https://github.com/BlackBoxFinance
▪️ Telegram — t.me/BlackBox_Finance
