Gate.io Blog GateLive AMA Recap-Blockasset

GateLive AMA Recap-Blockasset

22 May 12:37

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## Q1: For someone that hears about Blockasset for the first time, why should they get involved?
So we’ve been building on <a href="/price/solana-sol" target="_blank" class="blog_inner_link">Solana</a> since early 2021, so we’ve been around and seen it all. And in that time we’ve built out a strong stable of athlete partners and an amazing sports fan community. We’re now shifting our momentum to allow these athletes and fans greater access to what we do and allow them to benefit from our products and media.

So we’re essentially creating a sports network governed by our community and partners. We have a great media team that film athletes, especially MMA fighters right now, and it's great content, but we’re going to be soon allowing our token holders to produce and govern the types of content we make and get more involved. We’ll have a community fund that will be funded by our revenue-generating products, with the community able to vote on how these funds are used.

This is just the tip of the iceberg, so it's a great time to get involved as I think within a short space of time you’ll begin to see Blockasset in the same category as <a href="/price/flow-flow" target="_blank" class="blog_inner_link">Flow</a> and Chliz as leaders in the sports web3 space.

## Q2: What is coming up next for the Blockasset project? In the next few weeks, months?
We have some big announcements on the way in regard to partnerships and a new product. I can't say too much right now but these will be announced very soon. What I can tell you about is our BlockPicks platform. You can go to blockpicks.gg, our free-to-play fantasy sports platform, where you can make picks and earn BLOCK tokens. It's super easy, just head to the platform and make your picks, then share them on Twitter for a multiplier.

We launched around 4 weeks ago and have around 5k players. Its still very much in beta, but we’re adding new improvements to the platform every week, and expect to be out of beta with a complete platform in time for the new sports seasons from August onwards.

We’re aiming to be the best fantasy sports platform in the world, whether that's web2 or web3. I'm very confident that we’ll get there in a short space of time. So yeah, go ahead and make your picks, earn some tokens and watch as the platform evolves over time.

## Q3: What can $BLOCK holders expect to be able to use their token soon?
So as mentioned we have a new platform going live soon which will tie into our picks platform, so there will be plenty of utility there that I can't talk too much about. But I can tell you that the tokens will be usable on our BlockPicks fantasy sports platform. We’ll soon have leagues live, so you can create and join leagues with your friends or the community, pool BLOCK tokens together with the winner taking the pot. And we’ll have plenty of game types and sports available so you can mix it up, as well as some other cool social features added there. So you’ll be able to put your tokens to use and earn even more tokens in our leagues, which we’re currently building. We’ll even get a Gate.io league set up, as we can do gated leagues as well.

We’re also integrating greater token accessibility into the platform, so as a user you can come and buy BLOCK directly on the platform with a credit card, you’ll be able to take part in staking, and liquidity pools and easily swap tokens around.

## Q4: Do you plan on venturing into other sports? Or keeping the focus on MMA?
Yes, we've been working on new sports for our BlockPicks platform, with football events coming up in time for the Champions League final and the Euros this summer. Then we’ll be ready for the new Premier League, NFL, and NBA seasons. And we may even have something ready to go for the end of this season's NBA Finals. I'm personally a big football fan, so I'm looking forward to adding to those football games.

## Q5: We've seen altcoins be at the mercy of market conditions, even the most innovative ones. They say that there is no bear market for sports. Will the revenue-generating products you build a bear market proof?

That is the aim! The great thing about sports is it never ends, and there’s an audience of billions of people to capture. We’ve been around bear markets before and know how it goes, but as we now look to produce these revenue-generating products we don’t see any issues with bear markets going forward. Bull markets are great of course, but we’re building with all sports fans in mind (so web2 and web3 based) so anyone can use our products without any web3 knowledge and still get the benefits of web3.

<div class="blog-details-info">
<div>Author:** GateLive**, Gate.io Team
<div class="info-tips">\*This article represents only the views of the researcher and does not constitute any investment suggestions.
<div>\*Gate.io reserves all rights to this article. Reposting of the article will be permitted provided Gate.io is referenced. In all cases, legal action will be taken due to copyright infringement.
</div>

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