Explore Blocto: a wallet that supports NFT collections and teaches you how to use it

About Blocto

php editor Yuzi introduces you to a wallet called Blocto. Blocto is a digital wallet application designed to collect and manage non-fungible tokens (NFTs). NFT is a digital asset based on blockchain technology that is unique and irreplaceable. Blocto Wallet provides a simple and easy-to-use interface, allowing users to conveniently buy, sell and display their NFT works. This article will give you a detailed introduction to the usage tutorial of Blocto wallet to help you get started quickly and enjoy the fun of NFT. Whether you are an NFT enthusiast or a newbie, you can find your favorite art and collectibles in the Blocto wallet. Let’s explore the charm of Blocto wallet together!

Although I have written a lot about wallets before, Blocto is a wallet like no other. It is different from the hot wallets we have seen before (such as Xiaofox, pahtom, etc.) because it does not require users to keep the private keys of the wallet themselves. Blocto uses a smart contract wallet. You only need to use email and verification code to log in. There is no need to manage private keys, which is very convenient. However, since it is different from the traditional hot wallet concept, the usage will also be different.

Blocto’s main product is a blockchain wallet, but it also provides a series of related products. The company focuses on developing cross-chain products and aims to solve the inconveniences users encounter in cross-chain circulation.

Cross-chain means moving assets to different chains, such as moving assets from Ethereum to BSC Binance Smart Chain.

Blocto Team

The team behind Blocto was developed by the new team portto. Everyone knows Steam, right? Blocto aspires to become Steam on the blockchain.

Blocto wallet introduction

• Blocto wallet supports Ethereum and BSC chain
• Blocto points

We use the hot of blockchain When using a wallet, the gas/miner fees required for transactions are paid using the native token on the chain, such as ETH on Ethereum, BNB on BSC, MATIC on Polygon, and SOL on Solana.

A special feature of the Blocto wallet is that its points and $BLT (Blocto Token) can replace various native tokens (such as SOL, ETH, BNB, MATIC, etc.) for the payment chain The handling fee required for the transaction.

• Blocto manageable private key

In the past, the hot wallets we used (such as Little Fox, etc.) needed to manage the private key by themselves to log in, and once the private key was lost, You will no longer be able to log into the wallet or retrieve your assets. However, Blocto uses a smart contract wallet to manage private keys in a unified manner, reducing the risk of private key loss. This is more convenient and simpler for novices.

• You need to pay a handling fee to create different wallets

Blocto Token (BLT)

What is BLT?

BLT (Blocto Token) is a cross-chain token that can be used on Solana, BSC and Flow.

The Blocto team cooperated with Impossible Finance to launch BLT’s IDO on September 6, 2021.

Impossible Finance is a platform with Swap, multi-chain and Launchedpad.

BLT Value

• The exchange rate of Blocto Token (BLT) today is US$2.75 (as of 2021/10/17)
• The 24-hour trading volume is US$772,396 . The exchange rate rose 13.5% in the past 24 hours.
• It has a circulating supply of 0 coins and a maximum supply of 113 Million coins.
• FTX is currently the most actively traded market.

Blocto registration tutorial

Step1. Registration

Blocto currently requires registration on the APP, if you already have an account Just choose to log in, if not, choose to register

If you have an account, just log in directly

Registration screen

Step2. You can view the total assets/collections

Blocto’s application

BloctoBay

Flow chain’s NFT auction platform

BloctoBay is a recently launched product (after all, Blocto is still very new). BloctoBay is an auction house and auction platform on Flow.

You can buy and sell NFT on Flow here.

I have been looking forward to this feature for a long time (?!), because when I first came into contact with Blocto, I grabbed a free Mint racing NFT, and therefore Mint got a collectible, but it was sold on the app The selling function has been unavailable (not yet open), so I have been looking forward to a place where I can sell my collections. Unexpectedly, Blocto will launch the auction house not long after!

This is the collectible I just talked about

How to buy and sell NFT on BloctoBay?

login

• Step1. Register Blocto
• Step2. Enter BloctoBay and connect the wallet Wallet in the upper right corner (use email to log in)
• Step3. Click Wallt > My NFT

Market Place

Currently BloctoBay supports NFT collectibles on Flow:

• Dark Country
• RaceDay
• MotoGP Ignition
• Vault by CNN
• Ben Mauro's Evolution & Warfare series xtingles
• Chainmonsters
• JambbStarly

Put NFT collectibles on the shelves for sale (purchasing is relatively simple, no demonstration)

Step1. Click My NFT

Step2.SELL

Step3. Set the price

Note: There will be a handling fee (please refer to the figure below for handling fee %)

Step4. Successful listing

If successful, you will see your collection NFT on the Listing side

Blocto Swap

BloctoSwap is a decentralized exchange on the Flow chain, which will be launched in March 2021.

Currently there are only a few open trading pairs (as shown below)

However, the current function of BloctoSwap may still be under development , not very complete. I will introduce it in detail later when there is an update.

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