Description
BLOC Security Token (symbol: BLOC) is a BlocPal-issued ERC-20 security token on Ethereum with a maximum supply of 3.33 billion tokens. It is initially available to qualified accredited investors and approved strategic partners. BlocPal allocates up to 33.3% of quarterly top-line revenue to a royalty pool for token holders, with payouts claimable in stablecoins such as USDC. The token includes compliance controls such as whitelist and blacklist capabilities, transfer restrictions, and minting and burning mechanisms.