Blockhotel Whitepaper

1. Introduction

Blockhotel is a next-generation social gaming platform built on the Binance Smart Chain, designed to offer a fun and engaging experience to users who share a common interest in cryptocurrencies. The platform allows players to own NFT furniture, decorate rooms, express their creativity, host minigames, chat with others and make friends. With its unique blend of social interaction, gaming, and NFT-based assets, Blockhotel aims to become a leading destination for crypto enthusiasts and gamers alike.

2. Technical Architecture

Blockhotel leverages the Binance Smart Chain (BSC) for its low transaction fees and robust ecosystem. BSC offers a high-performance and scalable infrastructure, providing a solid foundation for the development and operation of the Blockhotel platform.

3. Tokenomics

Blockhotel features its native token Blockhotel [BLOCK] (0x7D1f407766F6fc21ed5A916337F3f30D542e4777), which serves as the primary currency for the platform. The initial token distribution is as follows:

  • 92% for liquidity

  • 3% for reserves (Giveaways, partnerships etc.)

  • 3% for team (1.5% developer, 1.5% artist)

  • 2% for investor

The token has a 5% tax on transactions:

  • 3% for liquidity

  • 2% for marketing

The token contract has been renounced and the liquidity is locked.

To prevent market manipulation, there is a 2% anti-whale limit for holders. The contract does NOT include a blacklisting function. Additionally, VIP levels with various in-game benefits are available to users who hold specific amounts of the token.

4. Non-fungible tokens (NFTs)

Blockhotel utilises ERC-1155 based NFTs as its core for the following items:

  • Furniture

  • Rooms

  • Accessories (Hats, Shirts, Shoes etc.)

  • Badges (Untradeable)

The NFTs are divided into tiers which determine their supply ranging from 1 to 100,000. After any tradeable NFT is originally minted its supply will never increase.

NFT launch prices are subject to increase as the project grows.

4. In-Game Features and Functionality

Blockhotel offers a wide range of features and functionality for its users, including:

  • Seamless Metamask login - No accounts needed!

  • Collecting and showcasing NFTs

  • Decorating rooms

  • Avatars - Customise and explore the hotel with your own avatar

  • Explorer - Browse through popular rooms updated in real time

  • Creating and hosting minigames with P2E possibilities

  • Social - Chat, friends, groups and more

  • In-game NFT trading

  • Royalty system - Earn a percentage of trades happening in your rooms

  • Entry fees - If you host a game with prizes, you may as well charge users for an entry fee

  • Wiring - Programming your room and its furniture to life opens endless possibilities to create exciting minigames. UI based user friendly system, no programming knowledge is needed to start creating!

  • Room Promotion - Use $BLOCK to boost your rooms visibility

  • VIP - Hold $BLOCK to increase your VIP tier

By offering these features, Blockhotel aims to create an immersive experience that fosters creativity, socialization, and community-building.

5. Roadmap

Blockhotel has an ambitious roadmap for its development and expansion. See the full roadmap here.

6. Governance

While the development and direction of Blockhotel will primarily be led by its developer, the project recognizes the importance of user feedback in shaping the platform's future. As such, Blockhotel will strive to value and incorporate user feedback by running polls and seeking community input on significant changes and updates. This approach ensures that the platform remains responsive to the needs and desires of its user base, fostering a sense of ownership and engagement within the community.

7. Team

The Blockhotel team currently consists of an experienced developer with a successful track record in the gaming industry, boasting millions of users and years of experience, as well as a talented artist responsible for the distinctive and engaging visual design of the platform. As the project progresses, the team plans to expand further by bringing on board more artists and a community manager.

8. Security

User-owned items, such as NFT furniture and rooms, will be secured through the blockchain. By leveraging the inherent security features of the Binance Smart Chain, Blockhotel ensures that users' digital assets are protected and maintained in a decentralized manner.

9. Business Model

Blockhotel generates revenue through the initial sale of NFTs and a 7% fee on subsequent NFT transactions.

10. Marketing and Community Building

Blockhotel's primary marketing strategy focuses on developing a high-quality, functional game that in itself will attract users. The project will also utilize the revenue from the NFTs to fund targeted marketing campaigns that drive user acquisition and engagement.

With its unique combination of social interaction, gaming, and NFTs, Blockhotel is well-positioned to become a leading platform for the crypto and gaming communities. As the project continues to develop and evolve, it aims to deliver an unmatched experience that sets it apart from the competition.