BlackHole

BlackHole is a mechanism created for the removal of excess and unvalued assets across chains in the cryptocurrency ecosystem. $HOLE represents its voting power. Those who are not members can use the HOLE token, which will be available for individuals to earn. It is not available for purchase until the community decides to place value behind it.

HOLE is dispersed through custom smart contracts that are built on the Juno network. It will be a community-governed token, and processes will be voted on and operated by smart contracts and AI. BlackHole-sponsored non-fungible tokens (NFTs) will be made available for sale in batches of 3,000, with an overall allocation of 18,000. Each set will act as its own trust and still be part of the ecosystem as a whole. Users who buy one of the sponsored NFTs will be given access to their PMA (private member’s association).

It is not required for them to accept the terms or be a part of the private members association. BlackHole NFTs can be sold, swapped, and traded on the secondary market. A 20 percent royalty goes to the BlackHole treasury wallet for round members. To join the private member association, users are required to purchase a membership NFT.