Build a Block: A Web3 Development Service Company With Tokenized Shareholdings
Introduction
Build a Block is a Web3 development service company, with BUILD Token operating as its decentralized shareholding. All service sale profits are used to buy and burn BUILD Token. Build a Block possesses a yield farm based ecosystem, which also generates passive growth for BUILD Token as well as passive income for its’ holders.
The Build a Block Company
Build a Block is a Web3 development service company which aims to adhere to the highest possible standards in terms of quality, price and efficiency. Unlike many other development outlets, Build a Block is not freelance-based; Every developer working for Build a Block has been tested and vetted by the team. This allows Build a Block to offer only the highest possible quality developments to its clients, at competitive prices and within an efficient time frame. Very few development companies are specialized solely in web3 development, and in a world where cryptocurrency is becoming more and more mainstream, the demand for these services is only growing. Build a Block has a list of base services, which are “ready to go” developments and are readily available. These include a variety of smart contracts, dApps, platforms and other things. Clients may also contact Build a Block for any and all custom developments.
BUILD Token
BUILD Token operates as the decentralized shareholdings of the Build a Block Company. These tokenized shares allow Build a Block to offer any and all investors the opportunity to benefit from the growth of the Build a Block company. Most companies’ shares do not become tradable until this company’s stock “goes public”. Before this time, only friends and connections of the founders have the opportunity to invest. Through its tokenized shares, Build a Block provides a fair and equal opportunity to everyone who wishes to invest in the Build a Block business during its earliest possible stages to do so, simply by buying BUILD Token. All the profits generated by the Build a Block development company through the sale of services is used to Buy and Burn BUILD Token. This ensures that the price of BUILD Token grows alongside the Build a Block company. Every Buy and Burn contributes to an increase in the price and price floor of BUILD Token. This stream of volume is generated completely from external sources, allowing for BUILD token’s price to grow without depending solely on its investors. In this way, all BUILD Token investors benefit directly and immediately from every service sold via an increase in price, due first to the buy, and due second to the burn. At the time of this article, Build a Block has sold 115 services, generated over $110,000 USD in revenue, and has bought back and burned BUILD Token with over $23,000 USD in service sale profits. Over 5% of the total supply has been bought directly off the market and burned, solely as a result of these service sales.
Build a Block’s Yield Farm Based Ecosystem
Build a Block’s ecosystem is based on its native yield farm, BlockFarms. Build a Block’s yield farm’s native token is blockify, which mints at a set emission rate in order to distribute rewards. BUILD Token has a fixed, deflationary supply and could therefore not be the native yield farm token. A portion of the royalties collected on all Blockify transactions automatically buy and burn BUILD Token. This creates passive growth and volume for BUILD Token completely independently from its traders and investors. This yield farm also allows its users to generate substantial amounts of passive income simply by making use of the farms and staking pools. Other projects and tokens can also be listed on the BlockFarms platform. This creates growth for the ecosystem by creating a greater demand for Blockify, which in turn generates greater passive growth and volume for BUILD. The listing fee from each new farm listing is also used to buy and burn BUILD Token. The Build a Block ecosystem creates a strength and support which complements the Build a Block business, and contributes to the price support and price growth of BUILD Token. At the time of this article, Build a Block’s yield farm has distributed over $50,000 USD in passive rewards.
Conclusion
BUILD Token investors benefit from the Build a Block Business and Ecosystem in multiple different ways. Firstly, users of BlockFarms can benefit from the generation of substantial amounts of passive income. Build a Block investors will also see the value of their holdings increase as a direct result of this yield farm’s volume, a portion of which is re-routed to the buying and burning of BUILD Token. Finally, investors benefit from an increase in the value of their holdings through the buying and burning of BUILD Token due to service sales.
