INTRODUCTION OF THE BLINKED TOKEN -BLINKED
Blinked is executing a token issuance and utility token sale under the name Blinked Token
As described in this white paper, the Blinked token is for use on the Blinked platform, engineered to serve as the advertising and reward product itself. An advertiser, business or user purchases Blinked token, exchanges it for the performance token, Blinked Gold, and uses it to either earn within the platform or offers it to the end-user for engagement with digital advertising content. There is no other purpose of use of the Blinked token.
Blockchain will be incorporated in the distributed application software platform with the goal of
addressing transparency and validation issues in online display advertising and reviews. Existing nonblockchain solutions do not offer a trusted resource. The inherent transparency offered by the blockchain will address many of the concerns individuals have with solutions like Yelp and Facebook. BLKD token and BGZD are paramount for users, businesses and advertisers.
TOKEN ECONOMIC MODEL & STABILIZATION
This document is intended only for the person who were contacted directly by Blinked and it is not an offer to sell or a solicitation to buy any digital assets. It contains information that is confidential and privileged. If you have received this document in error, please notify the sender and delete this file.
The Blinked token is a utility token, whose value comes from its use within the Blinked network. Blinked token holders include users, advertisers, brands, businesses, and a local decentralized sales team, as well as the independently operated stabilization fund.
Blinked Users acquire Blinked Gold by engaging with advertisers or other users. Blinked Gold can be converted back to Blinked token at a predetermined rate (and subsequently converted to fiat currency), spent on purchasing goods and services with the Blinked arcade, or used within Blinked network (such as challenging other users or playing games). The Blinked network incentivizes Blinked users to be more actively engaged with advertisers and other users. The users are classified into different tiers based on their levels of engagement: regular users, featured users, expert users, master users, ambassador users, and premium users.
Advertisers, brands and businesses purchase Blinked token to identify and acquire customers that use the Blinked network, and to better understand their consumer preferences. A Blinked token deposited into the Blinked network is converted into credits called Blinked Gold. These credits are usable to sell advertisements (such as impression banners or videos), acquire loyalty programs, recommendations, or any other promotions that suits their needs - without
a centralized authority dictating the terms. The Blinked token is thus a flexible tool that allows for different marketing strategies for advertisers.
Local Advertising Sales Administrators are users who acquire Blinked token on behalf of interested businesses who wish to advertise their local or national services on Blinked. LASAs must first stake their territory to reign in their city as a LASA, meaning they may own their territory. LASA positions will be allotted based on population and geographic region, and will be promotable or demotable based on LASA performance, governed purely by the Blinked platform it self. LASAs will earn commissions as any sales team would, dictated by the governance of Blinked platform itself.
TOKEN ECONOMIC MODEL
This document is intended only for the person who were contacted directly by Blinked and it is not an offer to sell or a solicitation to buy any digital assets. It contains information that is confidential and privileged. If you have received this document in error, please notify the sender and delete this file.
The stabilization fund is digitally operated algorithmically by the Blinked platform itself to reduce the
short-term exchange rate fluctuations of Blinked token to fiat currency and to maintain the
purpose of Blinked (BLKD) token as a utility token. The stabilization fund prevents these fluctuations by
engaging clearly defined monetary rules aimed at minimizing large fluctuations in value. These rules
are intended to be neutral and transparent, in that they will not benefit any particular market
participant. While an exact mathematical algorithm is to be determined, the underlying principle
engages when the demand for Blinked token grows, the stabilization mechanism expands through small fees on Blinked system transactions. If there is a slump in demand for Blinked token due to seasonal cycles or a sudden speculative attack, the stabilization algorithm will trigger the Blinked token purchases to stimulate demand and maintain its relative price. A computerized implementation of the stabilization system increases the resilience of the system by detecting and preventing attempts to exploit the currency for illicit gain.
Whitepaper: https://static1.squarespace.com/static/5aa115bf7e3c3ae292046820/t/5b6ed2ea575d1febd1f16862/1533989631460/BlinkedWhitePaper-FinalAugust2018.pdf
Website: http://www.blinked.live
My BitcoinTalk profile link: https://bitcointalk.org/index.php?action=profile;u=2299820