IBILECOIN [$BLC], was created to rejuvenate the Traditional and ethereal values of what the Benin Bronze head meant to the Benin empire centuries ago and what it can also mean this 21st century, In the decades of crypto revolution which was pioneered by Satoshi Nakamoto and built on the best Blockchain in the Industry “Cardano” by Charles Hoskinson.
BLC was modelled after Bitcoin’s tokenomics with a specific amount of the token which will be earned through staking on the Cardano Blockchain as opposed to proof of work which is detrimental to the environment. No Initial coin offering , No seed funding and no Venture capital backing all we have is the community. Just like how Bitcoin was launched.
Hence the vision and mission of IBILECOIN (BLC) is to recreate a store of value for individuals that support the project from any entry point.