MagicBlock announces $BLOCK tokenomics: 35% allocated to the community
PANews, February 3rd – Solana application real-time engine MagicBlock has announced the tokenomics for its native token $BLOCK. MagicBlock introduces the “Ephemeral Rollups (ERs)” technology, a lightweight and high-speed Solana virtual machine instance that can be instantly launched to optimize on-chain computational performance.
The total supply of $BLOCK is 10 billions, with 35% allocated to community users, 15% to node operators, 20% to investors, 18% to the team and advisors, and 12% to the ecosystem fund. Team tokens will be locked for 3 years and will be gradually unlocked based on ecosystem growth milestones. Since the launch of MagicNet in June 2025, MagicBlock has processed over 1.1billions transactions and attracted participation from 27,000 unique addresses.
It is reported that MagicBlock will launch the $BLOCK token presale on February 5th, with two options: Option 1 is a first-come, first-served elastic curve model, with tokens fully unlocked at TGE (Token Generation Event); Option 2 is a fixed price model (100M FDV), with tokens locked for 1 year after TGE, prioritizing long-term supporters. The presale will be conducted in two phases: a 24-hour whitelist priority period on February 5th, followed by a 48-hour public sale open to everyone. TGE is expected to take place between the end of Q1 and the beginning of Q2 2026.
Previously, MagicBlock completed a $7.5 million seed round led by Lightspeed Faction.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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