The Block is an application published by BitBoost and is a decentralized e-commerce platform based on the Ethereum blockchain smart contract protocol. The Block recreates the global infrastructure of major e-commerce companies such as eBay and Amazon in entirely code. BBT is an ERC20 token issued by BitBoost for launching the Block platform.

BBT token usage

BBT (BitBoost Token) is a cryptocurrency that allows users to list items on The Block.
By building the infrastructure on the Ethernet blockchain, BitBoost will be able to set up fees to list a product on The Block at a very low $1 price and pay in BBT. Each listed item requires a small amount of BBT. Like many cryptocurrencies, its value will change over time, but the merchandise listing fee in The Block will be constantly adjusted to close to $1.

BBT tokens can be purchased directly within the application or from other BBT holders.
The value of BBT is directly related to the use of The Block. Early participants who purchase BBT during token sale can buy tokens at a larger discount and have the opportunity to enjoy the benefits it brings when The Block is adopted.
As The Block becomes more and more popular, more merchants have joined the platform, and new features in the development route will be released one after another. This will further increase the interest of buyers and sellers on the platform. The total supply of existing BBT is 100 million.

BitBoost tokens do not belong to any company and will not receive passive returns like shareholders. Tokens are a very flexible tool that allows all holders to expand the reach of sales projects and platforms by using them to become part of the market, while earning profits.
Users can create an account on The Block for free, but listing items to be sold requires a BBT.
Because it is the only way to pay for a fee on a Block, BBT is useful and has intrinsic value. The use of the platform will increase the demand for BBT. For commodity buyers on the market, each purchase made using the platform is anonymous and free (excluding the cost of the project itself, and of course the smaller network fees), as the transaction will be made using ETH.
In addition to selling items, the seller can benefit from the positive feedback from the buyer, and the buyer can benefit from the feedback from the seller. The feedback system currently under development will help buyers and sellers put themselves in the market and help everyone avoid abuse of the user’s experience. The built-in blacklist service will further consolidate the market and improve user experience.

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https://blog.csdn.net/ICOCloud/article/details/78154256