Blocktrade raises €4.5m worth of BTEX to strengthen EU registered gamified asset marketplace
“This show of enthusiasm points to the appetite amongst crypto users today for an accessible and engaging digital asset trading platform. We now look forward to continuing to enhance the experience on offer to Blocktrade’s ever-growing community.”
Blocktrade has raised a total of €4.5 million worth of BTEX from over 1400 community members in 42 countries in a Blocktrade Exchange Token (BTEX) sale round that followed a sold-out pre-sale round earlier this year.
Established in 2018, Blocktrade offers a gamified asset marketplace registered as a VASP with the Estonian, Italian, and Slovenian regulators and operates in full compliance with AML 5 guidelines. The firm has over 5,000 class-B shareholders and is regulated to EU standards.
The 1400+ community members will be able to leverage the BTEX token to engage in the Blocktrade gamified universe and the wider ecosystem, including accessing in-house and third-party games hosted on the Blocktrade platform, and use the token to unlock level fast passes, physical rewards, NFT avatars, token airdrops, trading bonuses, live chat and priority support, deposit and withdrawal discounts, and additional APY on staking.
Token holders will also be able to utilize BTEX to access alternative payment options within partner ecosystems.
“Appetite amongst crypto users today”
Christian Niedermueller, CEO at Blocktrade, said: “We are grateful for the overwhelming response and participation by Blocktrade VIP members to this exclusive token sale round. This show of enthusiasm points to the appetite amongst crypto users today for an accessible and engaging digital asset trading platform. We now look forward to continuing to enhance the experience on offer to Blocktrade’s ever-growing community.”
Blocktrade has recently launched its 3.0 version, which merges gaming elements with crypto investing and introducesdNFT avatars and a sophisticated level system to transform the way users learn about and engage with digital assets.
Blocktrade 3.0 is equipped with 50 unique levels, leaderboards, and challenges. Users advance to higher levels by passing a series of progression thresholds and earning BTEX tokens and XP points along the way. The universe blends innovations in gaming with disruptive Web3 technology, driving interactivity on the platform and empowering users to better navigate the crypto landscape with easy-to-digest education.