BlackFort Unveils $BXN Token Debut on BITFINEX, Spearheading Comprehensive Crypto Ecosystem

BlackFort, a comprehensive Web3 ecosystem, announces the debut of its $BXN token on BITFINEX on April 2, 2024. The token boasts 10 utility streams spanning the ecosystem's products, including the Blackfort Wallet, BlackFort X Network blockchain, BlackFort Pay, and Genesis Knights NFTs. This listing marks a significant milestone for BlackFort, signifying its established user base and the opening of external trading for $BXN.

BlackFort Unveils Highly Anticipated $BXN Token Debut on BITFINEX, Spearheading a Comprehensive Crypto Ecosystem

BlackFort, a groundbreaking ecosystem encompassing a multichain wallet, a transformative payment solution, and an innovative L1 blockchain, proudly announces the forthcoming debut of its highly anticipated $BXN token on the reputable BITFINEX exchange on April 2, 2024. This strategic move marks a pivotal moment in BlackFort's mission to redefine the crypto landscape with an unparalleled suite of offerings tailored to the evolving demands of crypto users.

$BXN: A Token with Extensive Utility and Value Creation

The $BXN token serves as the cornerstone of the BlackFort ecosystem, offering a diverse range of utility streams across the company's comprehensive product portfolio. From the BlackFort wallet, renowned for its seamless integration with fiat-to-crypto exchange capabilities, to the cutting-edge BlackFort X Network blockchain, the token empowers users with a plethora of benefits and incentives.

Specific utility streams include:

• Significant discounts on crypto purchases and swaps within the BlackFort wallet
• Exclusive perks for users of BlackFort Pay solutions
• Enhanced security measures through Proof-of-Staked-Authority (POSA) consensus rules
• Generous rewards for node holders on the BlackFort L1
• Fee rebates and cashback incentives
• Exclusive access to airdrop opportunities
• Tokenization bonuses for digital assets
• Transaction fee payments on the BlackFort Network blockchain
• Grants from the Creator Fund for ecosystem projects and initiatives

BlackFort's unwavering commitment to innovation will see the introduction of even more utility use cases for $BXN as user-side applications continue to roll out.

BITFINEX Listing: A Testament to BlackFort's Maturation and Promise

To ensure the token's fair valuation and enable a smooth price discovery process, the BlackFort team meticulously planned the $BXN listing strategy. This prudent approach ensured that the L1 blockchain was fully established and had garnered a substantial user base before seeking external market exposure.

With over 75,000 POSA delegators hailing from 120 countries and close to 120,000 active addresses recorded in March 2024, the $BXN token has reached a level of maturity and adoption that warrants its introduction to broader markets.

BITFINEX, renowned for its stringent listing standards and commitment to security, holds the distinction of being the first major platform to list $BXN. The listing details are as follows:

• Deposits from the BlackFort X Network open: April 2, 2024, at 8:00 AM UTC
• Trading in the BXN/USDT and BXN/USD pairs commences: April 2, 2024, at 10:00 AM UTC
• BXN withdrawals open: April 2, 2024, at 10:00 AM UTC

BlackFort: A Crypto Ecosystem for the Masses and Developers Alike

BlackFort stands apart as a comprehensive Web3 ecosystem that seamlessly caters to the diverse needs of crypto users, from everyday transactions to advanced development endeavors. The ecosystem's offerings encompass:

• Blackfort Wallet (Android and iOS): An intuitive and feature-rich wallet that supports a vast array of crypto assets from various blockchains, including BXN, BTC, ETH, TRX, and thousands more. The wallet empowers users with the ability to buy and sell cryptocurrencies using debit and credit cards or bank transfers, offering competitive exchange rates for swaps within the market.
• Blackfort Exchange Network (BXN Smartchain): An EVM-compatible L1 blockchain optimized for DeFi applications and asset exchange. Utilizing the innovative Proof-of-Staked-Authority (POSA) consensus mechanism, BXN Smartchain ensures superior decentralization and security, backed by a global network of 75,000 POSA delegators. BlackFort's code and smart contracts have undergone rigorous audits by Certik, a leading blockchain security provider, attesting to their robustness and reliability.
• BlackFort Pay (under development): A forthcoming payment and financial management platform tailored to the needs of individuals and businesses within the European Economic Area (EEA). BlackFort Pay will offer a suite of services, including virtual and physical debit cards, dedicated IBANs, payment processing, and more.

With an established and thriving ecosystem, BlackFort is poised to make significant strides in 2024. The $BXN listing on BITFINEX marks the first of many exciting developments planned for the year. Stay connected via the official BlackFort website and social media channels, including Twitter, for the latest news and updates.