StoryFire PriceBLAZEInactive

What is StoryFire (BLAZE)?

StoryFire (BLAZE) is a multi-utility cryptocurrency that powers a platform combining Web3 gaming, social media, and decentralized finance (DeFi). Described as a hub for content and engagement, StoryFire is designed for content creators and their audiences, allowing creators to monetize content and interact with fans through an Engage-to-Earn model. The platform's native token, BLAZE, is built on the BNB Smart Chain as a BEP20 token. The total and maximum supply of BLAZE is 20,000,000,000 tokens, with approximately 6,284,068,245 BLAZE in circulating supply, representing about 31.42% of the total. StoryFire began as a content-sharing platform, with sources placing its founding in 2017 and one source citing 2018. The BLAZE token launched on BNB Smart Chain in March 2024. StoryFire is described as a Tokens.com Investment Company.

Key Specifications & Tokenomics

• Name: StoryFire
• Symbol / Ticker: BLAZE
• Blockchain / Platform: BNB Smart Chain (BEP20)
• Token Standard: BEP20
• Contract Address: 0xEf7A4Dd703D074974b7240C74b5ce938aA8983d3
• Contract Decimals: 18
• Total Supply: 20,000,000,000 BLAZE
• Max Supply: 20,000,000,000 BLAZE
• Circulating Supply: 6,284,068,245 BLAZE (approximately 31.42% of total supply)
• Launch Date: March 2024
• Self-Reported Tags: Art, Marketplace, Platform
• CertiK Rating: 2.9 (out of 10, issued by CertiK); a low score indicates limited security/audit assurance and is not a safety guarantee
• Explorer: bscscan.com
• Official Website: https://blaze.storyfire.com/
• Twitter / X: https://twitter.com/storyfireapp
• Whitepaper: StoryFire Whitepaper 2024 (Public) — https://assets-global.website-files.com/651e9c517e5f6a86b7d4eab9/65a8243965abef6527604060_StoryFire_Whitepaper%202024%20%20(Public)-compressed_1.pdf

StoryFire raised a total of US$1M across three rounds: a seed round at $0.0003 per token ($300K raised, $6M valuation), an influencer round at $0.00035 ($400K raised, $7M valuation), and a public round at $0.0004 ($300K raised, $8M valuation). Public sales took place on Decubate (April 23, 2024) and AITech Pad (April 24–25, 2024).

Token Distribution & Vesting

Most allocations have a 0% TGE with cliffs of 3–12 months and monthly vesting. Team and advisors: 12-month cliff, 2.63% monthly. Community, rewards, and ecosystem: 3-month cliff, 2.63% monthly. Liquidity: 4-month cliff, 4.17% monthly. Treasury: 8-month cliff, 1.79% monthly. Operations: 2.5% TGE, 4.88% monthly.

Who created StoryFire?

StoryFire was co-founded by Brian Spitz and Jesse Ridgway according to several sources; other sources name different founders, so the founding team should be treated as unconfirmed. Brian Spitz is named as one of the founders, while Jesse Ridgway is a co-founder described as a content developer known for his creative approach to digital storytelling. Publicly documented team members include Brian Spitz and Jesse Ridgway, with Neal Foard referenced as founder of StoryFire, Inc. StoryFire is described as a Tokens.com Investment Company. In March 2024, Tokens.com received US$500,000 of BLAZE tokens as part of its sale of Metaverse Group and Hulk Labs to StoryFire. On May 1, 2024, a BusinessWire press release announced the launch of the StoryFire token.

How does StoryFire work?

StoryFire operates as a multifaceted platform where Web3 gaming, social media, and DeFi converge. At the heart of its approach is the Engage-to-Earn model, powered by the BLAZE token. Unlike traditional platforms where user engagement and content creation often go unrewarded, StoryFire acknowledges and compensates users for their contributions. StoryFire's Engage-to-Earn model is designed to reward active participation, such as playing games, interacting with content, and joining community discussions, with BLAZE tokens. The BLAZE token itself is a BEP20 token on BNB Smart Chain, enabling fast and low-cost transactions within the ecosystem.

What makes StoryFire unique and valuable?

StoryFire distinguishes itself by combining SocialFi, GameFi, and DeFi into one unified ecosystem. StoryFire describes its own model as "revolutionising the metaverse paradigm by combining SocialFi, GameFi, and DeFi into one unified experience." The platform's Engage-to-Earn model directly rewards user engagement and content creation, turning passive audiences into active stakeholders. Creators can monetize their content and engage with fans in innovative ways, while users gain access to exclusive content, in-game purchases, and creative tools. The integration of the StoryFire Suite and Inkling AI provides creators with advanced tools to enhance their content. This convergence of social media, gaming, and finance creates a self-reinforcing ecosystem where activity generates value for all participants.

What is StoryFire used for?

BLAZE is a multi-utility cryptocurrency that serves as a gateway to Web3 experiences on the StoryFire platform. Its stated utilities include tipping creators directly with BLAZE tokens to show appreciation, promoting content to a broader audience, making in-game purchases for unique items and content, unlocking exclusive content accessible only with BLAZE, conducting paid polls to gain audience insights, accessing the StoryFire Suite and Inkling AI assistant for creative tools, and opening doors for creators through the Creator Plan with strategies tailored to skyrocket success. The BLAZE token powers monetization, governance, and creator rewards in the StoryFire ecosystem.

How Is the StoryFire ecosystem developing?

The StoryFire ecosystem is developing around the BLAZE token and its Engage-to-Earn model. The platform integrates Web3 gaming, social media, and DeFi into a unified experience for creators and audiences. Following its launch in March 2024 and the public token launch announcement in May 2024, StoryFire has expanded its reach through listings and media coverage. StoryFire is listed on major data aggregators such as CoinMarketCap and CoinGecko, and its price is also displayed on exchange price directories. Community engagement is facilitated through Twitter/X and the CoinMarketCap community section, with associated individuals and accounts listed on ChainBroker. StoryFire has since rebranded to "Flashy Social"; the rebrand is referenced in connection with Jesse Ridgway's role, the Blaze economy, and how users can access their old content.

How to mine StoryFire?

StoryFire (BLAZE) is a BEP20 token on BNB Smart Chain and is not mined through proof-of-work. New tokens enter circulation according to the project's token distribution and vesting schedule (team, community, liquidity, advisors, rewards, treasury, operations, ecosystem), and users earn BLAZE through the platform's Engage-to-Earn activities. Users interested in acquiring BLAZE can obtain it through supported trading venues or by participating in the platform's engagement activities.

How to keep your StoryFire Coin safe?

To keep your StoryFire (BLAZE) tokens safe, use a reputable wallet that supports BEP20 tokens on BNB Smart Chain. Hardware wallets provide an extra layer of security by storing private keys offline. Always verify the official contract address before interacting with any token: 0xEf7A4Dd703D074974b7240C74b5ce938aA8983d3. Be cautious of phishing attempts and fake tokens that mimic legitimate projects. Enable two-factor authentication on any exchange accounts you use. Never share your private keys or seed phrases with anyone. Since BLAZE is a BEP20 token, transactions occur on BNB Smart Chain and can be verified on bscscan.com. Regularly review your wallet permissions and revoke access to any contracts you no longer use.

BLAZE, like other cryptocurrencies, carries risks. Its price can fluctuate significantly, and market conditions may change rapidly. Regulatory policies in different jurisdictions may affect how the token can be used or traded. Technical risks, including smart contract vulnerabilities and network issues, also apply. Readers should evaluate these factors independently.