BlockCycle (BLOC)

BlockCycle (BLOC) is an innovative cryptocurrency project built on the Solana blockchain, designed to reward active traders in real-time. Every hour, the BlockCycle protocol scans blockchain activity to identify five eligible traders who have purchased BLOC tokens during that timeframe. This unique system implements a 5% tax on trades, which is pooled and distributed among the winners, effectively creating a lottery-like experience that incentivizes fair and organic trading dynamics. By focusing on genuine participation, BlockCycle aims to discourage manipulative trading strategies.

The operational mechanics of BlockCycle are straightforward yet effective. Each hour, the protocol evaluates all trades, disqualifying wallets that hold less than $100 worth of BLOC. Remaining wallets are then eligible for selection through a random algorithm that favors those with higher holdings. This method not only maintains fairness in the draw process, but it also enhances participants’ chances of winning by encouraging greater investment in BLOC. As a result, the rewards are allocated relative to each winner’s current BLOC holdings, making it more appealing for traders to accumulate and hold tokens.

One of the standout features of BlockCycle is its commitment to transparency and verifiability. All draw data, including inputs and results, is published hourly, allowing participants to confirm the outcomes independently. Users can download a verifier tool from the official website, which enables them to validate the winner selection process offline. This level of transparency helps build trust within the community, ensuring that the rewards process remains credible and engaging. Overall, BlockCycle represents a novel approach within the cryptocurrency space, combining trading and gaming elements to create an exciting and rewarding environment for users.