Blind Boxes launching soon on Ignition!

PAID
4 min readMar 18, 2021

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We’re excited to announce we’re launching another Tier-1 project’s IDO on Ignition! Give a big welcome to Blind Boxes, the first gamified curation platform and accelerator for NFTs. We’re even more excited to announce their whitelist is now open and you can apply HERE!

Whitelist Start: March 18, 2021, 02:00 PM UTC
Whitelist Close: March 22, 2021, 02:00 PM UTC

BlindBoxes IDO on Ignition: March 26, 2021, 02:00 PM UTC

Blind Boxes aims to add new momentum to the current NFT (non-fungible token) marketplace to empower both creators and collectors with this new concept. Through the platform, creators (new and old) will have the opportunity to boost sales and the global exposure of their work. Moreover, the mystery box element will allow collectors to discover and own rare digital assets such as tokenized art and real estate, digital sports memorabilia, music files, and exotic gaming characters, carefully sourced from well established and emerging talent from all over the world.

Kyle Chassé, PAID Network’s Founder & CEO, had the following to say:

“Blind Boxes’ team is amazing and I couldn’t be prouder to have them be the first NFT project we launch on Ignition. Their gamified NFT marketplace is a real ecosystem, and I’m excited to see how well they do!”

Blind Boxes — Revolutionizing the NFT Space

NFTs have taken the crypto market by storm and are reinventing collectables, artwork and gaming, generating a whole new demand for such assets across the digital and physical world. However, since they have come into the mainstream, the buying and selling of NFT’s are currently subject to individual or select marketplaces that operate as independent players in this new emerging industry. This poses some challenges for emerging talent and new creators of NFT based assets in gaining exposure and getting noticed amongst an already established world of popular NFT stars.

Enter Blind Boxes — a new solution for the NFT space that aims to level out the current marketplace and provide more opportunities for creators and collectors alike. The platform’s underlying concept is to showcase rare digital assets sourced from new NFT creators alongside established NFT stars and offer them as a unique avatar concealed within a compelling mystery box. The content or NFT within the box will only be visible after it is sold, and once a buyer unboxes his/her purchase.

Empowering the NFT market for creators and collectors alike

By utilizing the Blind Box platform, creators of rare NFTs can sell customized ERC-20 tokens to raise funds to support future NFT projects and also earn a future passive income stream through smart contract enabled royalties whenever their work is resold. For collectors, this feature allows them to invest in and directly supporters of creators. It will also allow them to earn a passive income from the sales of work from creators they have previously invested in.

Moreover, through the creation of the Blind Box Fund, a fund that has been set up to support creators in the NFT space, individual creators can apply for grants to facilitate innovation and support existing and future projects. The sole aim behind this is to counteract the financial hurdles often associated with creativity enabling creators to apply for grants that will allow them to focus specifically on their craft.

Be part of the BlindBoxes IDO on Ignition: Join the Whitelist HERE.

About Blind Boxes

Blind Boxes aims to be the world’s first gamified aggregator marketplace for limited edition non-fungible tokens (NFTs). The platform offers increased exposure to digital talent, empowering them to package their works with accomplished creators as part of an enviable collection instead of selling it as a single, stand-alone NFT. For collectors, these rare works are accessible in the form of an exciting mystery box — the exact contents of which remain undisclosed until the time they’re unveiled. Thus Blind Boxes combines the ingenuity of a digital creator, with the thrill of a mystery box, and the transparency of a blockchain.

Website: https://blindboxes.io/

ABOUT IGNITION

IGNITION is a featured product of PAID Network, operating as a decentralized swapping protocol which allows blockchain-based token projects to offer their private and public auctions. The platform features Ethereum, Binance Smart Chain (BSC), and here shortly, Polkadot functionality.

Ignition is different from other auction platforms in that it properly vets and selects only top-tier cutting-edge projects. Its multi-level incentivization mechanisms for participants of published projects will encourage HODLing that supports both the project founders and the community. It isn’t just a trading platform, it FUELs projects and takes fundraising to the next level.

Ignition brings quality projects, fixed swaps, and equitable lottery participation to the PAID community.

About PAID

PAID Network seeks to redefine the current business contract, litigation, and settlement processes by providing a simple, attorney-free, and cost-friendly DApp for users and businesses to ensure they #GetPAID wherever they are in the world.

PAID technology leverages Plasm to operate on both Ethereum and Polkadot ecosystems. PAID makes businesses exponentially more efficient by building SMART Agreements through smart contracts in order to execute DeFi transactions and business agreements seamlessly.

Blind Boxes on Ignition: WHITELIST FORM

For any questions for the PAID network, please feel free to reach out to us on:

Website: PAIDNetwork.com

Telegram: @PaidNetwork

Twitter: @PAID_Network

Medium: @PAIDNetwork

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