What is EPIKTOKEN Project?
Epik Token is the utility token used in the, Blockchain Licensing Marketplace (BLMP) which connects global brands with digital platforms to generate increased revenue, reach, and scale previously unimaginable.
EPIK token powers BLMP, the world’s first B2B2C blockchain solution for officially licensed virtual goods. We have been working hard to create a fully functioning product, gaining 1,000+ brands and millions of monthly active users in just under 3 months. A unique feature of this token sale is Collectible Token Rewards – considering we have the main author of ERC-721 on our team and we specialize in ERC-721 collectibles, we thought it would be cool to reward purchasers with collectibles that grant special abilities.
EPIKTOKEN Solution
The ideal solution is to create a platform that empowers customers and gives them the ability to purchase licensed virtual goods online for the same reasons that they make purchases in real life which is to establish status, identity, membership, class and performance.
Additionally, the ideal solution should be able to also facilitate the customer transactions when customers purchase the items to ensure fair compensation between the IP holders and digital platforms involved in creating the item. As the items are sold, the profits should automatically be split based upon predetermined licensing agreements.
Such an ideal solution would expect to create explosive growth in the virtual goods industry. Currently, BLMP believes there is too much friction surrounding deals between brands and digital platforms in the form of inefficient processes, legal paperwork, trust, accountability, and transparency.
BLMP (Blockchain Licensing Marketplace) is a blockchain technology company solving this very complex B2B2C problem by enabling all parties involved to have complete trust within the BLMP network. BLMP is developing the world’s first B2B2C virtual goods marketplace that covers the virtual goods retail supply chain including the creation, tokenization, and provenance of licensed virtual goods.
By joining the BLMP network, brands can scale and expand their reach with better control over their partnerships while gaining granular insights that were previously impossible because of the lack of transaction transparency and traceability. BLMP intends to develop a network where brands can easily follow their intellectual property indefinitely on the blockchain all the way from product creation to eventual ownership to resale markets.
Digital Platforms
For digital platforms, joining BLMP means keeping total creative freedom over their digital ecosystem with no restrictive or long-term licensing contracts. Digital platforms can pick and choose and only propose licensed virtual goods that they determine would be the right fit for their digital ecosystem. With this flexibility, digital platforms can expect to keep their existing revenues, get help with user retention, and gain additional income from licensed products for sale whenever they choose.
Customers
Customers benefit from companies joining the BLMP network because adoption becomes simple as they only need to manage one account which can be created within the digital platform of their choice without the need to fully understand crypto wallets. Customers can choose their favorite digital platform to create their account and then have access to that account across all other participating digital platforms. But more importantly, customers benefit because they get the freedom to purchase the things that they already love, everywhere.
EPIKTOKEN OVERVIEW
The EPIK utility token will be used to facilitate the creation, distribution, and sale of licensed virtual goods. By leveraging the technology of blockchain, brands will be able to distribute their virtual goods through a network of virtual economies with digital platforms acting as retailers. By using the EPIK token for transactions, we intend to enable brands, digital platforms, and consumers to track every purchased licensed virtual good indefinitely with full transparency. This establishes uniform trust between all parties involved. Once both the brand and the digital platform come to agreement, smart contracts are created to automatically manage the creation, tokenization, distribution, and transactions of these virtual goods items between all parties.
The Epic token powers BLMP's B2B blockchain licensing platform and is used by consumers to acquire branded virtual goods.
The EPIK utility token will be used to facilitate the creation, distribution, and sale of licensed virtual goods. By leveraging the technology of blockchain, brands will be able to distribute their virtual goods through a network of virtual economies with digital platforms acting as retailers. By using the EPIK token for transactions, we intend to enable brands, digital platforms, and consumers to track every purchased licensed virtual good indefinitely with full transparency.
This establishes uniform trust between all parties involved. Once both the brand and the digital platform come to agreement, smart contracts are created to automatically manage the creation, tokenization, distribution, and transactions of these virtual goods items between all parties.
To begin, a digital platform such as video games, social networks, and messaging services, would request to join the BLMP network. Upon successful activation, a digital platform would be able to log into the BLMP platform and have access to create proposals to all participating brands in the BLMP network.
The next step would be for the digital platform to create a proposal to a brand outlining the virtual items for sale. A proposal would require various parameters such as, but not limited to, an initial deposit, the quantity of virtual goods for sale, digital artwork, royalty split, and EPIK token amount. Alternatively, using the BLMP platform, the digital platform could browse and select pre-approved virtual goods to integrate into its ecosystem. For digital platforms the EPIK token gives them the ability to offer licensed virtual goods for sale. Branded content for digital platforms equals new content, new income, and greater visibility.
BENEFITS
Ability to incorporate new content - more desirable branded content - into their games
Retain creative control
Flexible contracts created dynamically that expire automatically once sold out
Earn additional revenue on this new content
Attract more users and increase retention in their product
Continue to operate their regular business as it is; these virtual goods are value-adds
Retain control of their product’s economy
Token Sale Summary
Hardcap $15M
(38,000 ETH)
Total Supply 200M
(200,000,000)
Excluded Countries=>US, CA, CN, KU, PRK, IR, CU, SY, UA, SG, MY, NZ
Accepting=>ETH, BTC, BCH, LTC
ROUND 1
EARLY BACKERS
The origin of the BLMP & EPIK token project.
(Completed)
ROUND 2 BONUS: 20%
INVITATION ONLY
BLMP is working with shareholders, early and strategic purchasers to ensure the project is adequately funded for success.
MINIMUM: 500 ETH per purchaser
PRICE: 1 ETH = 3,120 tokens
LOCKUP: None
(In Progress)
ROUND 3
THE EPIK PURCHASE EVENT
START DATE=>AUGUST
END DATE=>TBA
MINIMUM: 0.25 ETH per purchaser
PRICE: 1 ETH = 2,600 tokens
LOCKUP: None
VERIFICATION
Each Purchaser will be required to follow our "whitelist" (AML/KYC) process and provide information verifying her, his, or its residency status. The company may, in its sole discretion, reject or approve any Purchaser and will, in its sole discretion, determine the jurisdictions where potential Purchasers may purchase tokens.
Collectible Token Rewards
HUNTER
Bounty Hunters only
Unique ERC-721 collectible
Unlocks the Bounty Hunter theme
Get access to exclusive Hunter rewards
Get access to exclusive Hunter items
Minimum of 150 stakes required
HACKER
Limited Edition
First 1,500 only
Unique ERC-721 collectible
Unlocks the Hacker theme
Get access to exclusive Hacker rewards
Get access to exclusive Hacker items
BALLER
The Baller Club
Unique ERC-721 collectible
Unlocks the Baller theme
Get access to exclusive Baller rewards
Get access to exclusive Baller items
Minimum of 3 ETH required
UNIKORN
There can be only one
Limited to a single token
Unique ERC-721 collectible
For the ultimate collector
Unlocks God Mode
Be the master of creation
Get access to every new collectible
Up for grabs anytime
TOKEN ALLOCATION
50%=>Sold in Token Distribution Event
35%=>Brand and Digital Platform Grants, Ecosystem Development & Infrastructure, Bounties, User Epik App rewards
15%=>Project Advisors and Employees
USE OF PROCEEDS
50%=>Technology
30%=>Sales and Marketing, Partnerships
20%=>Overhead and Admin, Legal, Accounting
Roadmap
Up here explanation from me and for more information please visit the Link I provide below:
WEBSITE:http://epiktoken.io/
WHITEPAPER:https://www.epiktoken.io/assets/pdf/BLMP_whitepaper.pdf
ANN THREAD:https://bitcointalk.org/index.php?topic=4473798.msg40143678#msg40143678
FACEBOOK:https://facebook.com/EpikToken
TWITTER:https://twitter.com/epiktoken
TELEGRAM:https://t.me/EpikToken
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