Block-Logic (BLTG)

Block-Logic Technology Group (Block-Logic), with the ticker BLTG, is a blockchain and distributed technology company that aims to empower consumers with the tools to achieve their ambitions and goals. Established in 2018, Block-Logic consists of developers and team members worldwide working towards their vision. They are developing a revolutionary decentralized ecosystem built on new-generation technologies to bring to market a distributed platform and set of products that are easy to access, consume, migrate to, and simple to manage. Their solutions will allow consumers to extend the use of these new-generation technologies for business or personal use in ways that are not readily available today.

Block-Logic is building the next generation Peer-to-Peer Intelligent Data Platform based on IPFS Technology. Their ecosystem is backed by core services such as Block-Protect, which allows consumers and businesses to store and retrieve digital files safely, securely, and encrypted. Block-Pay is another service that enables individuals and businesses to pay for goods with their native token (BLTG). Additionally, Block-Purchase provides a turn-key solution for businesses to sell goods online easily. These services are made accessible through industry-standard Application Programming Interfaces (API) for integration with products developed by Block-Logic, partner ecosystems, and third-party developers. Their target market includes individuals and small to medium enterprises who can benefit from a readily accessible and easy-to-consume distributed platform for blockchain and data storage.

Block-Logic has a token specification that includes a ticker BLTG. The block time is 60 seconds, with a reward of 10 BLTG per block. The masternode collateral is set at 12,000 BLTG. The rewards for masternodes and staking are allocated at 80% and 20%, respectively. The rewards per block will be reduced by one every six months until they reach 5. Block-Logic aims to create a sustainable supply of tokens in circulation year after year and reserves the right to revisit and adjust the tokenomics annually. With a focus on decentralization, Block-Logic aims to offer consumers and enterprises the benefits of a decentralized network. They provide detailed information about their vision, team, and products in their white paper and other downloadable resources.