Epik Token

Our Analysis

Team: 6.1

Feasibility: 6.1

Product: 6.1

Overall Rating: 6.1

Short Description: The Epik utility token will be utilized within the BLMP platform, allowing for the creation, distribution and sale of branded collectibles, aka licensed virtual assets.

Category: Entertainment

Category: Tokens Cryptocurrency

Website: https://www.epiktoken.io

Whitepaper: https://www.epiktoken.io/assets/pdf/BLMP_whitepaper.pdf

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Epik Token makes it possible for brands and digital platforms to form smart contracts which are executed on blockchain and allows all parties to track and manage their licensed virtual goods forever. EPIK Token, The Future of Digital Collectibles. Use EPIK Tokens to collect unique in-game and in-app items. Buy Epik Items, with your Epik Tokens and showcase it within your Epik App!Epik token powers BLMP, the world’s first B2B2C blockchain solution for licensed virtual goods. We process business to business to consumer transactions and handle the full supply chain including the creation, tokenization, and provenance of officially licensed virtual goods.Using blockchain, BLMP is an Enterprise solution which solves the problems within the licensing industry of trust, efficiency, transparency, traceability and security. We are creating a marketplace connecting brands and digital platforms to offer branded assets within digital ecosystems where the two parties can collaborate via smart contracts, the terms of which are carried out on blockchain. BLMP has developed a fully-functioning product called “Air” that is publicly available on Ethereum. Furthermore, as a B2B2C platform, as we onboard digital platforms, their users will also be added to the system, adopting both EPIK token and its proprietary wallet which holds the EPIK (ERC-20) tokens and their EPIK (ERC-721) digital collectible tokens. In the next year, BLMP will be creating a scalable enterprise blockchain solution (Helium) which is expected to reach 2,000 TPS, which is comparable to Visa’s VisaNet. This will be achieved through the rigorous testing of a range of enterprise software solutions, which will solve such issues as transaction scalability and confidentiality. These results can be passed along to industries like banking, shipping and insurance, which are limited in their exploration of these technologies and would benefit greatly from the information and experience BLMP can offer them.

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