🎲Phase 1 - The Strip
Last updated
Last updated
Phase 1 of Block by Block's development focuses predominantly on the memecoin niche within the cryptocurrency market. This sector is characterized by the daily launch of hundreds of new tokens, many of which falter in their initial hours, with a significant proportion being scams. Yet, amidst this tumultuous environment, certain tokens hold the potential for substantial and swift financial gains, presenting a risk-reward scenario akin to casino gambling.
In this volatile ecosystem, the 'house'—scammers, insiders and influencers — has a considerable edge, resulting in an environment that, due to scams, taxes, transaction fees, slippage, gas fees, and MEV, leans towards being a negative-sum game. This is particularly true during bearish market periods, which often result in most traders incurring heavy losses.
Block by Block's Phase 1 mission is to counterbalance this dynamic, offering approximately 40-50 distinct tools to help traders navigate this challenging landscape more effectively and find their own advantages. Moreover, all user data analyses are collected as part of a 'hivemind' approach, contributing to the training of three distinct AI models: NYOTA, SHERLOCK and PROFESSOR X. These models, trained on slightly different input data, aim to come together to predict the potential success of each new token launch, based on over 50 different input metrics. Once operational, and capable of accurately predicting token success (to a considerable degree), and accessible to users, Phase 1 will come to a conclusion.