BlockChat Sale & Handover Package
Welcome to the official handover and sale documentation for BlockChat. This document outlines all technical, legal, and operational aspects of the platform for prospective buyers. It also includes the seller's retention terms and platform access rights.
🧾 Executive Summary
Platform: BlockChat - The #1 Community Building Platform (as-is) Sale Price: $ 200,000 USD - open to negotiation
Buyer: 90% Equity + all IP/Assets Angel Investor: 10% equity + owns 3.5m~ $BCD tokens (pre-merge to Solana) — Angel Investor is open to being bought out. See options below
Co-Founder Ivan is still keen to remain part of the team as outlined in the job description here.
Development Lead Iqrar and his team are ready to continue building. Learn more here
BlockChat is a decentralised communication platform for Web3 projects, enabling token-gated communities, live interactions, and decentralized governance using Bittensor-powered AI and blockchain technology.
The Beta platform is not complete and requires an additional $50K to finish over a 3 month timeline.
⚙️ Platform Overview
🔑 Key Features
BlockSpace Subscriptions (token-gated access)
BlockSpace Live (host AMAs and events)
BlockSpace Chat (live sub-channels)
BlockParties (event management)
DAO Voting (on-chain governance)
BlockAds (decentralized advertising)
BlockSpace Analytics (AI insights)
Gated Sub-Channels
Branding/White-label options
$BCD token integration and utility
🎯 Target Audience
Project founders, DAO leaders, and Web3-native communities looking for a decentralized alternative to Discord/Telegram with real utility and monetization features.
💰 Financial Overview
🧾 Costs to Date
Platform development and engineering ($120K)
DevOps and deployment infrastructure ($15K)
Smart contract audits ($15K)
Local events, SMM, Conferences, Sponsorships ($100K)
The Beta platform is not complete and requires an additional $50K to finish over a 3 month timeline. This will include the following:
View the working beta platform here: https://bcd-dev.site
Notifications - needs some refining
Highlight unread notifications
Add timestamp
BlockSpace Live (Twitter Spaces replacement)
Full audio only sub-channels for meetings
Add option for video streaming
$BCD / $QUIL Token integration (gated sub-channels, DAO voting)
Payments for subscriptions
Payments for upgrades
Payment model will be based on new tokenomics plan 2% fee for buying through BlockChat and using $BCD (the fee will be burned reducing the supply)
$QUIL, ETH, USDC, USDT, Credit Card payments , BTC
DAO Integration (Voting, grants, raises, events)
Payment Gateway - BCD balance in dashboard
Mobile App Development - Native to iOS and Android
Gamification System
Earn XP by interacting with the platform, commenting, upvoting, posting etc
Referral system for bringing projects in
Completing tasks on your main page (setting up profile etc)
Permissions for individual Sub-channels
Mobile Application
Future Feature List
1-Click install BlockSpaces based on categories (nft, gaming, community, security, defi)
When creating a blockspace, the admin can pick a theme suited to their community so it will automatically create the appropriate sub-channels related to that community and also create appropriate permissions and roles. ALl the admin has to do is assign admins to those roles and tweak permissions if needed and token gate specific sub-channels to their liking
Analytics dashboard for Admins
User engagement metrics
Active Users
New Members
Churn Rate
Engagement Levels
Content Performance
Popular Topics
Content views
Reactions and Feedback
User-generated content tracking
Token and Economic Activity
Token distribution
Tipping Metrics
Monetization data
Community Health Indicators
Sentiment Analysis
Moderator Actions
Conflict Zones
Event and AMA Metrics
Event participation
AMA Engagement
Feedback Surveys
Sub-channel performance
Ad performance
Revenue tracking
Ad Targeting Data
Gamification and reward tracking
Leaderboard insights
Reward distribution
Challenge participation
Custom Reports
Exportable Data
Scheduled Reports
Customizable Dashboards
Security and Compliance Metrics
Login Activity
User verification data
Data privacy insights
Video Streaming (like twitch - with the ability to tip content creators using the ticket system)
Ticketing System (refer to new tokenomics breakdown bonding curves) - BlockSlips
New Token creation (farming, staking) on QUIL
Coloured blockspaces to match branding - only for that specific blockspace controlled by the admin wallet
Advanced security functionality (rented NFTs for data ownership - I will explain more)
Put Platform on Quilibrium with support from Cassie
New Security features
Join verification (members must agree to join a blockspace if enabled)
Anti-raid
Anti-impersonate
Anti-Nuke
Anti-whitelisting
Verification badge on profile for higher ranking on posts (costs the user a monthly or yearly fee to upgrade their account)
A long way down the track have a BOT That creates and deploys a token for your project all done on blockchat
Gitbook style documentation built into blockchat
Colour coded user roles
Event system for booking events and functions
Ticket system like eventbrite or lu.ma
Personal profile colours themes
Build a blockspace needs a revamp
Sign in using any L1 wallet as well
Support ticketing system
Sub-channel within a sub-channel
Additional Subnet integration to blockspaces (llm bots, chat bots)
Account switching with ease… not having to click on disconnect and reconnect.
💸 Revenue Model
Subscription payments (in $BCD or Fiat)
Advertiser revenue (Platform advertising)
Premium analytics tools (Pay for premium acount)
Total/circulating supply
Treasury holdings
Vesting schedule
Exchange listings & LP status (if applicable)
🏢 Legal & Ownership Structure
🏛 Business Entity
BlockChat (Registered in Australia)
📈 Cap Table (Post-Sale)
Buyer: 90% equity of company
Investor: 10% equity in company
Note: 3.5m~ $BCD tokens (pre-merge to Solana)
📜 Intellectual Property
Full rights to codebase and technology stack
Existing Metis L2 Token Contracts
New Solana Contracts + Staking and ICO platform
Brand assets: logo, visual ID, name
Domain ownership: blockchatdao.com
Mastermind Group
Sponsorhsip carry-overs
📄 Contracts
Contributor and developer agreements
💻 Technical Handover
🧠 Infrastructure & Code
GitHub access to source code
CI/CD pipelines and deployment keys
Documentation for frontend/backend setup
📣 Tech Stack Overview
BlockChat is a decentralized Web3 platform for community building. It enables users to create and manage BlockSpaces (like groups), organize conversations into Channels and Sub-channels, and interact through likes, replies, and discussions.
Frontend (client-side)
ReactJS (JavaScript/TypeScript):
Fast, modular UI with component-based architecture
Uses Hooks and Context APIs for state management
Styled Components or CSS Modules for scoped styling
Backend (server-side)
Node.js:
Handles REST APIs, real-time events, and server logic
Uses asynchronous, non-blocking I/O for scale
AngularJS:
Powers internal admin panel and legacy UI components
Drizzle ORM:
Lightweight, type-safe ORM for MySQL
Schema management and TypeScript integration
Database
MySQL:
Stores user data, BlockSpaces, posts, permissions, and logs
Supports efficient relational queries
Cloud Infrastructure & Deployment
AWS EC2:
Hosts frontend/backend with scalable infrastructure
AWS S3:
Stores user media and static assets
Integrated with CDN for fast global access
AI-Integration (web3 powered)
Bittensor Subnet APIs:
Decentralized AI for generating text and images
Used for posts, replies, and banners
Blockchain-secure and privacy-preserving
Web3 Permissions
Web3 Identity Layer (future-ready):
Wallet-based login support (MetaMask, WalletConnect)
Channel permissions can be tied to wallet roles or smart contracts
🔑 Key Platform Features & Technologies
BlockChat's architecture enables powerful features for decentralized community management. Here's a breakdown of key platform functionalities and the technologies that power them:
🧩 Feature
⚙️ Technology Used
Creating BlockSpaces, Channels, Sub-Channels
ReactJS, Node.js, MySQL
Role-Based Permissions & Moderation
Node.js APIs, SQL-based permission models
Real-Time Interactions (like/unlike/post)
Node.js (WebSocket support optional)
AI Content & Image Generation
Bittensor Subnet APIs
Scalable Deployment & Storage
AWS EC2, AWS S3
Secure ORM & Type Safety
Drizzle ORM, TypeScript
⚙️ Smart Contracts
$BCD token contract (Metis L2)
Solana token contract
Solana ICO contract
Solana Staking platform
Keys or ownership transfer protocol
🔌 Integrations
Bittensor API
Collaboration with SN19
Any third-party APIs used
📘 Developer Docs
Setup instructions
Maintenance procedures
Architectural overview (diagrams if available)
📣 Branding & Marketing Assets
🌐 Digital Properties
Domain: blockchatdao.com
Social media: X & Telegram
Newsletters or email lists (blockbulletin.xyz)
🎨 Design Assets
Logo & icon sets
All source files
Brand guidelines
UI mockups/templates
Figma Access
📰 Public Relations
Draft CoinTelegraph article
User testimonials or media coverage
📝 Terms of Sale
💵 Purchase Terms (Option 1)
$200,000 USD total sale price
Buyer receives 90% equity + all IP/assets
🤝 Seller Retention
1,000,000 $BCD tokens (or equivalent for an airdrop)
🤝 Co-Founder Retention
500,000 $BCD tokens (or equivalent for an airdrop)
🤝 Angel Investor Retention
10% ownership in the platform retained by investor
3.5m~ $BCD tokens (pre-solana merge)
📝 Purchase Terms (Option 2)
💵 Purchase Terms
$200,000 USD total sale price of BlockChat only
Buyer receives 100% equity + all IP/assets
$260,000 USD for Angel Investor to be bought out and return equity ownership (see below)
Potentially split between "X Company" for vested tokens.
🤝 Seller Retention
1,000,000 $BCD tokens (pre-solana merge)
🤝 Co-Founder Retention
500,000 $BCD tokens (pre-solana merge)
🤝 Angel Investor Retention
1,000,000 $BCD tokens (pre-solana merge)
$260,000 Paid out for returning 10% equity of the business
📅 Transition Period
30-day post-sale support from seller
Technical handover + onboarding assistance (1-3 months)
Will help with hand-over of all documentation, hosting, emails etc.
📍 Optional Advisory
Seller may act as strategic advisor (negotiable)
⚖️ Legal Documentation
📑 Letter of Intent (LOI)
Preliminary agreement to:
Confirm sale price and ownership terms
Define due diligence and transition period
Acknowledge seller's retained rights
📃 Final Sale Agreement
Formal contract to include:
Transfer of IP and digital assets
Token contract ownership and treasury
Seller's equity and access clause
Confidentiality and non-compete terms (if needed)
Note: Legal counsel is recommended to finalize these documents.
🌱 Add-ons
Pitch Deck for Fundraising has been completed, can be viewed here
Projections can be found here
🌱 Angel Investor
Open to being paid out so the buyer owns 100% equity in the company.
Terms;
$260,000 USD paid out (initial investment)
Retains 1m tokens (pre-solana merge)
✅ Final Notes
This document serves as the complete BlockChat sale package. It includes technical infrastructure, financials, branding, legal structure, and community metrics, ensuring a transparent and confident transition to new ownership.
For inquiries or access to assets, please contact the seller or legal representative. All credentials, codebases, and documents will be securely delivered upon contract execution.
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