Blocksmith Labs — Crafting an Empire for Builders
One cannot spell building without Blocksmith Labs. Therefore we felt it as our duty to give the NFT Space a rundown and remembrance regarding some of the greatest builders within the Solana ecosystem.
Concept:
The creation of multiple utility platforms, all together lead to an unseen experience in the Solana NFT space regarding usability, the invention of new market dynamics, and bringing more fairness to us.
Mercury:
- Whitelist Management Platform for holders and partners
- Dutch Auctions in $FORGE
- Raffles in $FORGE
Mercury and Bifrost are perfectly going hand in hand together whereas Mercury feels like the base and Bifrost
Both platforms require $FORGE to be used while adding benefits for holders and staked Blocksmiths, which directly paints into the statistics:
Listings are constantly in the two digits since it is so beneficiary to be part of this ecosystem and to have your Blocksmith listed. The highly active community of like-minded builders sharing alpha left and right surely helps.
If you are fading BSL at this price, no one can help you.
Bifrost:
- Fair minting price valuation
- Anti Bot Software
- Dynamic Mint Price in $FORGE and $SOL
Froots have successfully launched via Bifrost and minted for an average of 400 $FORGE and a bit more than 2 SOL per NFT. As of now, every user of the Bifrost platform is sitting on a comfy net profit of over 100%.
Summary & Outlook:
With the art upgrade, a dozen of projects in line is ready to launch of Bifrost and SHIFT platform around the corner, a turning point for the Solana ecosystem as a whole, and an increase of demand of $FORGE is in sight.
As every cryptocurrency and especially utility/reward tokens, $FORGE also took quite a big hit, but the selling pressure is continuously decreasing with a steady increase of demand due to the added utility.
As of today, your BSL earns 10 $FORGE per day and 300 $FORGE per month, which equals 1.8 $SOL per month, yielding an APR of 40–50% on Floor Price.
SHIFT:
Do you think the utility, platforms, network of builders, and art upgrade are insane already? Let’s not forget that we are far from being done here. SHIFT is probably going to alter the space and its metas permanently.
Obviously, we can only assume that, since not much is being shared about the next generation of utility, but seeing the insane number of people on Twitter with (SHFT) in their name already paints a pleasingly bullish picture.
Let us cover the game theory of their Tokenomics, and more details about SHIFT and the art upgrade in our next article, until then:
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