Topic: [ANN][BLT] Bolt: The currency for producers. ***JOIN NOW** - page 4. (Read 739 times)

Several founding members have a background on economics, econometrics, and statistical modeling. Check out the whitepaper for more details.

There are many ways to earn BLT.
- Mining BLT
- Bounty and promotional campaigns
- Sponsoring DFOs
- Working for DFOs
Sign up and get notified as these become available.

How many ways are there to acquire Bolt? I see you can mine it, any other ways?

Have you consulted with any economists on your model?

They're "paid" in BLT, same as any other miner is "paid" by whatever cryptocurrency they're mining.

The team is in the whitepaper, you can download it at bolt.bz/whitepaper

Im not a member of discord... and dont like facebook, twitter and other socialmedia. Website and this forum only, I'd like to see the team in ann

Of course! Starting this fall community members will be starting the first non-profits. Pick which one you want to support and earn rewards in BLT. If you want more info message 4bolt or Josh in the Discord chat.

Miners aren't "paid." Bolt tokens have no intrinsic value, aren't backed by anything, aren't securities, and don't promise the holder any benefits or future profits.

Miners can earn BLT rewards when they provide Producers with goods. Once the Producer receives the goods, they send the BLT to the Miner.

Miners can also earn BLT through the affiliate program. You earn BLT every time someone you invite finishes registration. You also earn a percentage of their earnings. However, the number of people who can enter the top level of the affiliate program is limited, so you should sign up at join.bolt.bz now to be notified as soon as the closed beta is available.

How will the miners be paid?

Is it possible to contribute to Bolt financially?

You picked the right project!  We're very excited about Bolt and the economy it will soon foster.  Bolt came from a very simple consideration: How can we solve the governance and ecosystem issues with Bitcoin?  This led to a reflection on the current state of the cryptocurrency ecosystem, with its bloated transaction speeds, high costs, and security issues.  Bolt was designed to address these issues and others, taking the best of some of the top currencies and combining them into a new product.  You can read more about our process and the finer details of Bolt's tech in our whitepaper at http://bolt.bz/whitepaper.

Why build an economy for Producers?  We believe the best way to encourage people to adopt a cryptocurrency is to get people making real products.  The unique makeup of Bolt, being PoS but still minable through the interaction of Producers and Miners, is the perfect means by which to build a usable, community-engaged economy piece by piece.  We believe a grant-based system is the perfect means to this end as it allows individuals to choose which projects to spend their capital on, while demonstrating BLT's speed, feeless transactions, and anonymity capabilities.  Sign up at join.bolt.bz for future announcements!

First, keep in mind the legal environment. We have to be very careful about what is allowed and what is not to make sure that we are in full compliance with the law. Fundamentally, Bolt is a philanthropic project and you should not be getting involved if you are looking to make a quick buck.

We'll have a promotional bounty campaign for you to join in the coming weeks where you can earn some BLT. Right now, we need to build up a small core dedicated community of individuals to demonstrate that there is interest in the project. If you sign up and join the chat, you will be notified when opportunities are available.

We also are offering an affiliate program for Miners, if you read the post. This will begin in Spring of 2019.

Check out the whitepaper for more details on how BLT will be allocated towards marketing. Any community member can create a DFO (a non profit) for promoting Bolt. DFOs are funded in a competitive processes by the community. Once a DFO receives a Bolt grant, they can give some of that BLT to their sponsors. However, the operators of the DFO need to be compliant with all local laws and regulations.

Several of our community members already have promotional/marketing DFOs planned. These include activities such as events, digital promotion, bounty campaigns, and community outreach. We're lucky that several of the community members have previous experience with marketing other tech and crypto startups.

If you want to help out with marketing and promotion, first sign up then hit us up on Discord. Bounties and rewards in BLT will be available in the near future.

How will you make advertising for your platform if there wont be any token sale,  no ico and i guess no bounty campaign?

We've redefined mining to adapt to the PoS era. In Bolt, Miners earn BLT by helping Producers. This can be as simple as ordering stuff online to be delivered to Producers to they can create their product. This allows the community to create a fair distribution of BLT to people who have made a real contribution to the project. When you're mining BLT, you're not just earning tokens, you're helping build the future economy.

Yes you can! Come join the chat on Discord to meet the team and say hi. Our team is highly educated with a diverse graduate level education in business, economics, art, governance. We are also fortunate to have three highly skilled developers already working on the project. Several of our team members have previous experience with technology and cryptocurrency startups.


One of the great things about Bolt is when you are contributing, it's really building the actual future economy rather than just another speculative bubble. We all believe it will have a huge impact on the future. Now's the time to get on board, sign up at join.bolt.bz if you haven't already!

This is a good project, with a great idea. Can we meat the team members? Did they already do comon projects?

There is no token sale. Bolt tokens are not investments or securities, are not backed by anything, and offer no promise of profit.

However, they are available as rewards to members who contribute to the Bolt community. If you wish to contribute, you first need to subscribe at join.bolt.bz. We will email you as opportunities to contribute become available. Some DFOs may offer tokens to community members who provide assistance. The first of these will begin this Fall.

Do I need to be whitelisted to participate in the token sale? If so, how can I get started with that?

I'm so glad to see you're using mining. Will it be ASIC resistant?

I am very interested and want to participate, looking forward to the cooperation the two sides are nice.

Very interesting project. I've never seen something like this trying to set up an entire economy. How'd you come up with the idea?