Pre-Sale Tokens Recovered

BlockWallet
3 min readAug 13, 2021

We’ve recovered 7,172,816 $BLANK tokens from the private pre-sale smart contract! This was due to certain pre-sale buyers not being able to provide us with regulatory documentation.

These tokens will be retained by the company and used in marketing efforts as we lead up to Blank Wallet’s mainnet launch and beyond. In addition, we are investigating creative ways to redistribute these tokens to our community. We plan to outline exactly how these tokens will be distributed at a later date, once all details have been finalized. Rest assured, the tokens will be put to use for the benefit of the Blank community.

We aim to be as transparent as possible with our community, and we hope that by doing so we can work towards building a better future.

Staying Compliant

Due to the nature of our industry, it’s incredibly important for us to stay compliant with legislative requirements to ensure the long-term future success of Blank Wallet.

As a result, we have committed to making further efforts to stay compliant with regulations. Due to existing legislation, we performed an enhanced KYC process directed at our private sale token buyers. Several of these buyers were asked for further documentation as a part of the due diligence process.

The parties who failed to produce the necessary documentation have been refunded the $USDT contributed during the private pre-sale. $BLANK tokens unclaimed by these parties held in the pre-sale smart contract were frozen and will be retained by the company.

We want to make it clear that these regulations only apply to private pre-sale investors. $BLANK holders and wallet users outside of this category will never be asked for KYC documentation.

About Blank Wallet

Blank Wallet is the most private, non-custodial crypto wallet.

Blank Wallet is the ultimate browser extension wallet for full financial privacy, without compromise. Unlock the full potential of Web 3.0 with privacy-enhancing smart contracts at your fingertips.

As crypto sees further adoption, on-chain privacy is quickly becoming a sought-after commodity. For newcomers and enthusiasts alike, blockchain’s lack of privacy poses a real security risk that stems the growth of cryptocurrency. Blank Wallet eliminates the friction faced by millions of users by making privacy accessible for everyone, everywhere.

The wallet uses battle-tested privacy-enhancing technology to protect your financial data. Cryptographic proofs allow users to deposit and mix their funds in a smart contract that renders them untraceable. When you want to make a withdrawal, Blank Wallet creates a fresh wallet address with no links to your history on the blockchain.

Anyone can easily install Blank Wallet and start reaping the benefits. Besides full privacy functionality, Blank Wallet comes packed with an array of features that go beyond privacy for a seamless user experience. With full Web 3.0 support, the wallet allows you to connect to any DApp and harness the power of the decentralized web.

Reclaim your financial privacy. GoBlank.

Become a part of the Blank community today:
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BlockWallet

The most private, non-custodial browser wallet. Reclaim control of your financial privacy. Get BlockWallet. https://blockwallet.io/