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View ChartBlocery (BLY) is a blockchain-based trusted food supply chain ecosystem built on the Ethereum network as an ERC-20 token. The project records immutable data onto the blockchain, including the production, distribution, and sales history of agricultural products. By leveraging the transparency and immutability of distributed ledger technology, Blocery aims to create a verifiable and non-forgeable trace of food products from farm to consumer. The platform combines Fourth Industrial Revolution technologies, specifically blockchain, big data, digital assets, and the metaverse, to deliver what it describes as a transparent and trustable value chain. Blocery also emphasizes Environmental, Social, and Governance criteria, developing protocols that connect users and supply chain organizations based on ESG performance. The BLY token has a capped total supply of 1,000,000,000 tokens, with nearly the entire supply reported as circulating across various data sources. The project launched in 2018 and has since introduced initiatives such as the shopBLY platform for slow shopping and contract farming, an ESG Pass testnet, and staking opportunities for ecosystem participants.
The available public materials do not provide detailed information about the founding team or individual creators behind Blocery. The project is associated with South Korea, and its IEO was conducted through the Cobak launchpad. The token distribution date was July 24, 2020, following an IEO held on January 16, 2020. The project has maintained an active presence through its official website, X account, and Telegram channel, and has published monthly progress reports, including one for January 2025. Detailed public information about the core team members is currently limited.
Blocery operates by recording every step of the agricultural supply chain onto the Ethereum blockchain. Production history, quality management data, distribution details, and sales records are written to a distributed ledger, ensuring that the data is immutable and transparent. This creates a traceable record that consumers and suppliers can verify. The platform utilizes blockchain, big data, digital assets, and metaverse technologies to build its ecosystem. The BLY token facilitates transactions within this ecosystem and incentivizes participants to share valuable data. Blocery also provides staking opportunities, where users can earn rewards by participating in the security and operations of the network. Additionally, the project is developing ESG protocols that connect users and supply chain organizations based on their ESG performance, promoting responsible agricultural practices.
Blocery distinguishes itself by focusing on the intersection of blockchain technology and the agricultural supply chain. Its core value proposition is the creation of a transparent, efficient, and secure ecosystem for all stakeholders involved in food production, distribution, and consumption. By providing a verifiable and non-forgeable trace of agricultural products, Blocery enhances trust among consumers and suppliers. The project also incorporates ESG criteria into its framework, developing protocols that reward responsible and sustainable practices. Furthermore, Blocery introduces innovative concepts such as slow shopping through its shopBLY platform, which supports contract farming and offers a digital twin in its metaverse for a community-based shopping experience. This approach aims to foster a closer connection between consumers and producers while ensuring food traceability.
The BLY token serves multiple functions within the Blocery ecosystem. It is used to facilitate transactions and incentivize participation and data sharing among users. By encouraging the generation of valuable data such as production history, quality management, and distribution details, BLY helps maintain the integrity of the supply chain. Token holders can participate in staking to earn rewards while contributing to the security and operations of the ecosystem. The token also plays a role in the shopBLY platform and other Blocery initiatives, enabling community-based shopping experiences and supporting contract farming arrangements. Additionally, BLY is used within the ESG Pass testnet, where users can mint a free ESG Pass and participate in the blockchain and ESG ecosystem.
The Blocery ecosystem continues to develop through several key initiatives. The shopBLY platform supports slow shopping and contract farming, offering a digital twin in the metaverse for community-based shopping. The ESG Pass Testnet is online, allowing users to mint a free ESG Pass and engage with blockchain and ESG concepts. Blocery is also developing ESG protocols to connect users and supply chain organizations based on their ESG performance. The project publishes monthly progress reports, with the January 2025 report highlighting significant strides made by the team. Staking opportunities are available, enabling users to earn rewards by participating in the ecosystem's security and operations. The platform is categorized under metaverse, marketplace, and agriculture, reflecting its multi-faceted development approach.
Blocery (BLY) is not a mineable cryptocurrency. It is an ERC-20 token built on the Ethereum blockchain, which uses a proof-of-stake consensus mechanism following Ethereum's transition. There is no mining process for BLY tokens. Instead, users can participate in staking opportunities provided by the Blocery platform. Staking allows users to earn rewards by contributing to the ecosystem's security and operations. To stake BLY, users typically need to hold tokens in a compatible wallet and participate through the official Blocery staking mechanisms. Detailed instructions for staking are available through the project's official channels.
Keeping BLY tokens safe requires following standard cryptocurrency security practices. Since BLY is an ERC-20 token on Ethereum, it can be stored in any wallet that supports ERC-20 tokens, including hardware wallets, software wallets, and mobile wallets. Hardware wallets offer the highest level of security by keeping private keys offline. Users should always verify the official token contract address when adding BLY to a wallet to avoid counterfeit tokens. It is important to never share private keys or seed phrases with anyone. Enabling two-factor authentication on exchange accounts and using strong, unique passwords adds another layer of protection. Before interacting with any decentralized application or staking platform, users should confirm the official Blocery website and communication channels. Regular software updates and avoiding suspicious links or unsolicited messages also help protect holdings. As with any cryptocurrency investment, conducting thorough research and understanding the risks involved is essential.
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Thank you for your interest in BTCC. Currently, spot and futures trading services for BLY are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.
As of right now, the live price of Blocery (BLY) is $0.000057. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated BLY to USD rate at the top of BTCC’s price page. In terms of market scope, Blocery records a 24h trading volume of $0 (reflecting total buying and selling activity over the last 24 hours), with a total market cap of $56.704956K. Its current circulating supply stands at 1B out of a maximum supply cap of 1B.
The price volatility of Blocery (BLY) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (1B) to max supply (1B), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.
Looking at its historical price performance, Blocery (BLY) hit an all-time high (ATH) of $0.676306 on 2021-04-04 19:00, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at $0.000004243097070440.054243 on 2026-04-29 22:50. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.
When trading BLY futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume ($0), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s BLYUSDT perpetual contracts support two-way trading. If you anticipate a price decline for Blocery, simply log into your BTCC account with USDT margin available, navigate to the BLYUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.
Yes. BTCC offers flexible, high-tier leverage options for BLYUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.
Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: $0.000057), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for BLYUSDT with zero financial risk.
Trading Blocery (BLY) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for BLYUSDT, and review its live price ($0.000057) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.
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