TOKEN SPECIFICATIONS

#Token Standard

BLG Token is a BEP-20 compliant digital currency, built on the Binance Smart Chain (BSC). The BEP-20 standard ensures compatibility with various BSC wallets, decentralized exchanges, and DeFi applications. As a BEP-20 token, BLG Token offers a high level of security and integration within the Binance Smart Chain ecosystem.

#Total Token Supply

The existing total supply is 99999999 and can’t be issued additionally.

#Token Utility

The BLG Token allows users to sell and buy real products and services in the Quarry Mining. Quarry mining involves extracting valuable stones and minerals from the earth's surface, such as limestone, granite, marble, sand, gravel, and slate. The ability to buy and sell these products and services using the BLG token will provide a seamless, real-time experience and helps save time and effort, allowing us to work efficiently and get more done which ultimately increases our productivity.

#Divisibility and Transferability

BLG Tokens are divisible, allowing users to make microtransactions or split their tokens as needed. This feature enhances the versatility of the token across various use cases. The token is highly transferable within the Binance Smart Chain ecosystem, making it easy for users to send, receive, and trade BLG Tokens on BSC-compatible platforms and exchanges.

#Smart Contract Functionality

BLG Token's smart contract functionality enables secure and automated execution of various actions within its ecosystem. These functions include but are not limited to token transfers, staking, governance, and incentives. The smart contracts underpinning BLG Token are designed to ensure transparency, security, and efficiency in all operations

#Token Burn Mechanism

To maintain scarcity and potentially increase the value of BLG Tokens, a token burn mechanism may be implemented. This mechanism involves the periodic destruction of a portion of the tokens, reducing the overall supply over time. The specifics of the token burn mechanism, including the frequency and quantity of tokens to be burned, will be determined in accordance with the project's roadmap and the consensus of token holders. By offering these comprehensive token specifications, The BLG Token white paper provides a clear and detailed understanding of the token's technical attributes, use cases, and supply structure. This information is crucial for potential investors, users, and stakeholders looking to engage with the BLG Token ecosystem

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