BlackDragon

BDT Price

About BlackDragon (BDT)

BlackDragon is a community-based fundraising platform designed to provide retail investors with exclusive access to early-stage cryptocurrency deals.

• The project operates as a decentralized launchpad that connects investors with vetted blockchain startups.
• Users participate in a tiered allocation system that prioritizes long-term community members and token holders.
• Originally launched as a private investment group, BlackDragon has evolved into a full-scale investment platform on the Arbitrum network.

What Is BlackDragon

BlackDragon is a decentralized investment platform that facilitates capital raises for early-stage blockchain projects. It acts as a bridge between high-quality startups seeking funding and a community of active investors looking for diversified deal flow. Value moves through the system as projects provide early-access investment opportunities to the BlackDragon community in exchange for capital and ecosystem support.

The BDT token is put to work as the primary utility asset for accessing these investment opportunities. By holding or staking BDT, users gain the right to participate in fundraising rounds. The system is designed to scale as the ecosystem grows by increasing the variety and volume of deals available, thereby increasing the utility and demand for the BDT token among prospective investors.

What Makes BlackDragon Unique

• Community-Driven Deal Flow: Unlike many centralized launchpads, the BlackDragon community actively participates in the selection and vetting of projects through collaborative research.
• Pro-Rata Allocation Model: The platform utilizes a pro-rata system based on token holdings, which eliminates high-competition scenarios and ensures a fair distribution of investment allocations.
• In-Depth Research Reports: Members receive access to actionable information and research reports provided by a dedicated team of analysts.
• Established Reputation: Having supported over 300 projects since its inception, BlackDragon leverages a deep network of industry connections to source exclusive deals.

What Can You Use BlackDragon for?

• Early-Stage Investing: Access private and seed-stage investment rounds that are typically reserved for venture capital firms.
• Tiered Participation: Gain guaranteed or priority allocations based on the number of BDT tokens held or staked.
• Collaborative Research: Engage with a community of serious investors to share insights and evaluate the technical merits of new projects.
• Ecosystem Access: Use the BlackDragon app to manage investments and track the performance of participated deals on the Arbitrum network.

How Does BlackDragon Work?

BlackDragon operates through a tiered membership structure that governs how much capital a user can invest in any given deal. To participate, users must hold a minimum amount of BDT tokens in their wallet or lock them in the platform's staking system. The platform is built on the Arbitrum network, which provides high throughput and low transaction costs for users.

The allocation process is divided into four primary tiers:

1. White Dragon (250+ BDT): Provides pledge priority and access to deals on a first-come, first-served (FCFS) basis.
2. Green Dragon (1,000+ BDT): Includes pledge priority and a 5% share of the total allocation pool.
3. Yellow Dragon (5,000+ BDT): Includes pledge priority and a 30% share of the total allocation pool.
4. Black Dragon (10,000+ BDT): The highest tier, offering pledge priority and a 65% share of the total allocation pool.

As an application utility token, BDT is used to determine these participation rights, while the actual investment transactions are settled using protocol service fees.

Team Info and Investors

BlackDragon originated as a community-led initiative in 2017. While the source material does not specify individual founder names, it highlights a community-centric governance model where members have a significant say in the platform's direction. The project has successfully supported over 300 projects, indicating a broad network of early backers and partners within the broader DeFi and Arbitrum ecosystems.

Where can you buy BlackDragon?

BDT tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade BlackDragon is Uniswap V3 (Arbitrum One), where the most active trading pair BDT/WETH has a trading volume of $556.02 in the last 24 hours.

What is the daily trading volume of BlackDragon (BDT)?

The trading volume of BlackDragon (BDT) is $556.02 in the last 24 hours, representing a -58.10% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for BlackDragon (BDT)?

BlackDragon (BDT) reached an all-time high of $49.21 and an all-time low of $0.1277. It’s now trading -99.70% below that peak and 34.20% above its lowest price.

What is the fully diluted valuation of BlackDragon (BDT)?

The fully diluted valuation (FDV) of BlackDragon (BDT) is $342,631. This is a statistical representation of the maximum market cap, assuming the maximum number of 2 Million BDT tokens are in circulation today. Depending on how the emission schedule of BDT tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of BlackDragon compare against its peers?

With a price decline of -6.90% in the last 7 days, BlackDragon (BDT) is underperforming the global cryptocurrency market which is down -5.80%, while outperforming when compared to similar Launchpad cryptocurrencies which are down -16.40%.