The Block is an application issued by BitBoost, which is a decentralized e-commerce platform based on the Ethereum blockchain smart contract protocol. The Block completely recreates in code the global infrastructure of major e-commerce companies such as eBay and Amazon. BBT is an ERC20 token issued by BitBoost for the launch of The Block platform.

BBT token usage

BBT (BitBoost Token) is a cryptocurrency that allows users to list projects on The Block.
By building the infrastructure on the Ethereum blockchain, BitBoost will be able to set fees to list an item on The Block for as little as $1, paid in BBT. Each listed item requires payment of a small amount of BBT. Like many cryptocurrencies, its value will change over time, but listing fees on The Block will be constantly adjusted closer to $1.

BBT tokens can be purchased within the app or directly from other BBT holders.
The value of BBT is directly related to the use of The Block. Early participants who purchased BBT during the token sale will be able to buy tokens at a significant discount and have the opportunity to enjoy the benefits of The Block when it is adopted.
As The Block becomes more and more popular, more merchants join the platform, and new functions in the development route will be released one after another. This will further increase the interest of buyers and sellers on the platform. The total supply of existing BBT is 100 million.

BitBoost tokens do not belong to any company and do not receive passive income like shareholders. Tokens are a very flexible tool that allows all holders to become part of the market by using them, expanding the reach of projects and platforms for sale, while earning income.
Users can create an account on The Block for free, but listing items for sale requires a BBT.
Because it is the only way to pay fees on the Block, BBT is useful and has intrinsic value. The use of the platform will increase the demand for BBT. For buyers of goods on the marketplace, every purchase made using the platform will be anonymous and free (excluding the cost of the item itself, and of course minor network fees), as the transaction will be made using ETH.
In addition to selling items, sellers can benefit from positive feedback from buyers, and buyers can also benefit from seller feedback. The feedback system currently being developed will help buyers and sellers position themselves in the marketplace and help everyone avoid abusing the user experience. The built-in blacklist service will further consolidate the market and improve user experience.

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