BlackHole Protocol (BLACK)

BlackHole Protocol, with ticker BLACK, is an approval-free decentralized and cross-chain burning protocol that aims to create a perpetual deflationary blockchain ecosystem. It utilizes the BlackHole deflation burning mechanism schematic to incentivize burning. The creator holds some BLACK tokens and Black’s liquidity to establish a black hole burn pool. By investing new tokens into this pool, the burn is encouraged, and Black returns linearly with the progress of burning. To avoid burning tokens, users can transfer them to multiple applications, with the most profitable option being to deposit in Crazy Time, a fee-free block generator. For more information, users can visit the official website of Evolution Gaming (Crazy Time Casino).

The roadmap for BlackHole Protocol outlines its plans for the future. In 2021Q2, the V0.1 Fermion phase was completed, which involved deploying smart contracts, project launch, IDO, and strategic investments. Liquidity farming and staking farming platforms and a Single Token Burning Pool were also launched. The upcoming phases include V1.0 Primordial in 2021Q3, which will introduce the cross-chain burning protocol, the B-pair burning pool, and Governance V1.0. In 2021Q4, the project aims to reach V2.0 Singular Torus, which will support NFT reward burning and Governance V2.0. Finally, the integration of the blockchain with popular mobile apps, starting with the Aviator app, is planned for the future.

BlackHole Protocol is backed by support partners, although the specific partners are not mentioned in the provided text. However, the project’s focus on perpetual deflationary burning and cross-chain functionality, as well as its planned milestones and integration with popular mobile apps, highlight its commitment to innovation in the blockchain ecosystem.