Review BLOBFLOW - DECENTRALIZED MONEY

BLOBs are most reliable stablecoins fully decentralized with FLOW. BLOBs are backed by baskets of other stablecoins selected by FLOW holders.


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Money plays an important role in the life and development of society and belongs to the most ancient phenomena created by humans. The modern economy, both state and personal, is inextricably linked. Therefore, science pays much attention to the study of the history and features of such concepts as money.
Money is a special product that is used to express the value of other goods and services, is a carrier of purchasing power and is accepted as payment.
Money performs the following functions:
A tool for measuring prices and calculations
Means for exchange and circulation
Accumulator
Money arose out of the need to estimate the value of goods and services when making their exchange. Prior to their invention, people traded, paid for goods, too, which was not always convenient. There was a need for a single equivalent for exchanges between salespeople, workers and employers. Gradually, they started using gold and silver as money.
Precious metals are most in line with the cost equivalent requirements because they have a high price per small unit of weight with minimal volume, are resistant to damage, homogeneous, easily shared without loss of value. They made ingots of gold and silver, later began to mint coins, and later the small ones began to use copper.
BLOBFLOW is decentralized money with the mission of replacing fiat currencies.

BLOBs:

Diversified with top stablecoins
Driven by smart contracts
Governed by FLOW token holders

FLOW:

10 billion total supply
Rewards for originating BLOBs
Fees for redeeming BLOBs

DEMOCRATIC MONEY

BLOBs are the most reliable stablecoins eliminating single points of failure and decentralized with FLOW token holders.
Diversification
BLOBs eliminate idiosyncratic risks specific to any individual stablecoin by diversifying among a basket of stablecoins chosen by FLOW token holders.
Reliability
Diversified Baskets act as hedges against single failure of any one stablecoin.
Automated Rebalancing
BLOBs always honor their peg. Learn more about this approach in our White Paper.
Smart Contracts
BLOBs are fully automated on-chain with smart contracts, promoting trust, reliability, transparency and resistance to censorship.
Community Governance
FLOW holders reach consensus on the collateral composition of BLOBs’ baskets.
Anti-Fiat
First four BLOBs to launch on ExMarkets exchange are BLOBUSD, BLOBEURO, BLOBGOLD and BLOBSILVER followed by almost 20 other BLOBs. We envision anti-fiat BLOBs dominating in the future.

ORIGINATE BLOBs TO RECIEVE FLOW

Originate BLOB stablecoins to recieve rewards in FLOW utility governance token!
Sign In With Metamask
Simply sign-in with your active Metamask account.
Allocate Approved Stablecoins
Our smart contract will recognize if you are holding any of the pre-approved stablecoin assets. You have the choice to allocate any amount.
Generate BLOBs and get Rewarded in FLOW
You will recieve the most stable and decentralized stablecoins BLOBs, as well as rewards in FLOW utility governance token. Early originators of BLOBs get rewarded significantly more FLOW tokens than late adopters.

ROADMAP

Q1, 2019
Research, Ideation, Initial Team Conversations, Technical Feasibility Study, Market-Fit Analysis
Q2, 2019
Stablecoin Architecture, Governance Architecture, Demo Completed, Draper University Program (Tim Draper’s entrepreneurial venture with a strong focus on blockchain)
Q3, 2019
Prototype Completed, Live Product on Testnet
Q4, 2019
Community Building
Q1, 2020
Token Sale
Q1-Q2, 2020
Mainnet Launch; BLOBUSD, BLOBEURO, BLOBGOLD, BLOBSILVER Listed

TEAM

Ivan Zone: CEO
Daniel Yavorovych: CTO
Mina Liu: CMO
Dan Austin Higwit: Protocol Design
Harsh Agarwal: Community Management
Paul Ujah: Content Creator
Sylvester Anichebe: VP of International Marketing
Prem Sharma: Community Engagement

ADVISORS

Naviin Kapoor: Token Economics
Roman Cherednik: Systems Architect
I Ket tumbar as a writer to thank you for your time:
ETH Address: 0x5A165374202E9648061144684846Afb8469645bf

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