∞ BOLT Blockchain/Token Related
⚠️ Work In Progress ⚠️ Common questions about our work on the blockchain, and for all token holders of the BOLT ecosystem . Work in progress - still updating

Blockchain/Token FAQs

1️⃣⚡️Why is the Blockchain important to BOLT?⚡️

2️⃣⚡️Are there specific milestones for the BOLT ecosystem that runs on the blockchain?⚡️

3️⃣⚡️What is the purpose of the BOLT token?⚡️

The BOLT Token is the underlying core token of the BOLT ecosystem, used as a primary means of value exchange between BOLT participants - whether they are users, streamers, or brands.
Users are able to tip their favourite streamers in BOLT+, earn tokens from BOLT sponsors within BOLT+, or pay for an ad-free subscription in BOLT+ using the BOLT Token.
The BOLT Token’s core issuance is on the Ethereum (ETH) blockchain, which can be verified by this smart contract address.
BOLT’s core token utility use cases on Ethereum include trading on exchanges such as KuCoin, Uniswap and Ascendex. BOLT is available to be traded to Ethereum (ETH), Tether (USDT), and Bitcoin (BTC)
For purposes of other token utility use cases, which require fast, cheap and scalable smart contract processing, the BOLT Token is issued on the Zilliqa (ZIL) blockchain. The smart contract address is verified here.
For advanced users, BOLT holders can seamlessly swap their BOLT from ETH to ZIL using the Token Bridge function on boltx.finance.
Other functions available for advanced users include liquidity pool provision, token swaps, and bidding for NFTs on boltx.finance.
We are also in the process of evaluating other blockchain platforms to support within the BOLT ecosystem.

4️⃣⚡️What avenues are available for me to trade the BOLT token?⚡️

We are currently listed on KuCoin, AscendEX and UniSwap.
Buy your first crypto on Binance.com
Trade for BOLT
Coming Soon!
    1.
    Create an account on Binance.com to make your first deposit of cash into your account after verifying your identity (for know-your-customer regulations).
    2.
    You can then convert your cash to Ethereum (ETH), Tether (USDT), Bitcoin (BTC) which are currently available to exchange/swap with for the BOLT (BOLT) token.
Option 1 (Easy):
Create an account on KuCoin to deposit your Bitcoin (BTC) and/or Tether (USDT) from Binance.com
Option 2 (Easy):
Create an account on AscendEx to deposit your Tether (USDT) from Binance.com
Option 3 (Advanced):
If you are looking to experiment on a decentralised exchange, where you can seamlessly swap for BOLT using Ethereum (ETH) on Uniswap, here are the steps to do so:
    Download Trust Wallet and create your own wallet (you hold your own private key)
🍎 Download on iOS
🤖 Download on Android
    Deposit your Ethereum (ETH) to your new Trust Wallet Ethereum address
    Navigate to Settings and click on "WalletConnect"
    Go back to Uniswap and click on "Connect Wallet" at the top right hand corner
    Click on the "WalletConnect" option and use your phone to scan the QR code (alternatively, your phone should auto-detect the connection with Trust Wallet if you are using your phone)
    Click on this link to swap your Ethereum for BOLT. Note: Make sure you are swapping for the right BOLT token! Do not fall for scams.
    Note that there will be transaction fees (commonly known as gas fees). For more information on what are gas fees and how they work on Ethereum, read here.
We will be introducing native swapping features from other tokens to BOLT on boltx.finance. in Q3 2021.
Stay tuned!

5️⃣⚡️What are some utility cases of the BOLT token?⚡️

6️⃣⚡️Who are some of the Blockchain partners in the BOLT ecosystem?⚡️

7️⃣⚡️When will the governance portal for the BOLT ecosystem be launched?⚡️

8️⃣⚡️When will the governance token for BOLT be launched?⚡️

9️⃣⚡️How can I get updates on what is happening for the BOLT ecosystem that runs on the Blockchain?⚡️

Last modified 4mo ago