BlockFollow ICO (BFN)

Blockchain based social network

BlockFollow is a blockchain based social network that is being developed to support mass adoption of cryptocurrencies. BlockFollow will boast a massive database of information about crypto, offered in all languages, where you can find an answer about everything related to cryptocurrencies. BlockFollow will incentivize users who contribute to the platform and help others.

Start Date

09 Jul, 2018

End Date

27 Aug, 2018

BlockFollow Score Analysis

Blockfollow ICO is aiming to create a decentralized social network for the crypto economy. There are a number of both centralized and decentralized competitors with a more mature product. The projects white paper is missing information about the competition in addition to missing a market analysis. One concern about the team is that no member have their place of work listed on their linkedin. The project has a poor CEO with no managerial experience. The project has no industry expert nor legal expert. The CTO for the project lacks development experience. The development team behind him however is well experienced, the project is currently in mid level stages of development. The project has an inexpereinced CMO. Which reflects their community and marketing status, in which they received a below average for both. There are a few concerns with this project: the project is missing information on the use of proceeds of the tokens, lack of planning for future regulation, and a massive difference between the soft cap and hard cap, x71.

BlockFollow Use of Token

BFN is BlockFollow's native token. BFN is an Ethereum based ERC20 token. 120 million BFN tokens will be offered for sale via the ICO, which will represent 57% of the total token supply. BFN tokens will be used to reward users who contribute to the platform. 50% of the platform's revenue will be distributed among token holders.

  • Organization

    IBFN Solutions Ltd.

  • Platform

    Ethereum

  • Coin type

    Utility Token

  • Category

    Social

  • Soft cap

    252 ETH

  • Max cap

    20,400 ETH

  • Max supply

    210,000,000 BFN

  • Price

    0.00018 ETH

BlockFollow Token Sale Stages

  • Stage
  • Start date
  • End date
  • Amount of Tokens
  • Price
  • Discount
    • Pre-Sale
    • 09 July, 2019
    • 23 July, 2019
    • 20,000,000 BFN
    • 0.00012
    • 33
    • Claim
    • Main Sale
    • 30 July, 2019
    • 27 August, 2019
    • 100,000,000 BFN
    • 0.00018
    • Claim

BlockFollow Distribution

BlockFollow Team Members

  • Dániel Tóth
    Dániel Tóth CEO & Founder
  • Roland Sinkovits
    Roland Sinkovits COO & Co-Founder
  • Natasa Tóth
    Natasa Tóth Brand Management
  • Sebastian Prohaska
    Sebastian Prohaska District Manager (Germany)
  • Tomasz Cichowicz
    Tomasz Cichowicz Blockchain Developer (Espeo Software)
  • Zoltán Takács
    Zoltán Takács VP of Operations

BlockFollow Advisors

  • Patrik Kondracs
    Patrik Kondracs Security Advisor

BlockFollow Past Events

  • 23 July, 2019

    Pre-ICO

  • 27 August, 2019

    ICO

  • 15 November, 2019

    People who've participated in the ICO can apply to be our alpha-tester

  • 28 February, 2019

    The platform will be free to use for everyone. Storing tokens in the wallet will enable earning and updating on BFChain release.

  • 31 March, 2019

    We will switch to our own blockchain in order to provide fast and reliable services. Updated BFN through your Wallet.

  • 31 May, 2019

    All BlockFollow features will be ready to use. You can use our online wallet for fast and free transactions between our members.

  • 31 July, 2019

    Android and iOS applications will be released. We will deploy ATMs in Europe to make your transactions even easier.