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What is BOLT (BOLT)?

This article covers the BOLT token (CMC ID 3843), an Ethereum-based token. It is distinct from Bolt Financial, Inc., the checkout and payments company, and from Bolt Technology OÜ, the mobility company.

BOLT is the native utility token of a multifaceted blockchain-based decentralized media ecosystem designed to transform digital content services. According to its official description, BOLT operates as a global social media ecosystem that enables everyone to build their community and earn from doing what they love. The project integrates security, actionable insights, and a mobile wallet powered by content, creating a unique blend of social media and cryptocurrency functionality. The ecosystem is composed of three core components: Bolt+, a full-feature social network; BoltX, a user-custody digital asset wallet; and the Bolt Token itself, which serves as the primary utility token and is publicly tradable on digital asset exchanges. The platform supports live-streaming, direct wallet transfers, blockchain-based wallet support, donations, tips, and live chat, allowing users to share content on their home feed. Regarding supply, data varies across sources: CoinMarketCap and Bybit list a total and maximum supply of 999 million BOLT, while CoinCarp and Crypto.com reference a maximum supply of 1 billion BOLT. Circulating supply figures range from approximately 957.42 million BOLT per CoinMarketCap to 991.28 million BOLT per CoinCarp. BOLT was listed on CoinMarketCap on April 5, 2019.

Key Specifications & Tokenomics

• Name: BOLT
• Ticker / Symbol: BOLT
• Blockchain / Platform: Ethereum; also deployed on Base
• Category: Social media ecosystem and utility token
• Total Supply: 999M BOLT per CoinMarketCap and Bybit; 1,000,000,000 BOLT per CoinCarp and Crypto.com
• Max Supply: 999M BOLT per CoinMarketCap and Bybit; 1,000,000,000 BOLT per CoinCarp and Crypto.com
• Circulating Supply: 957.42M BOLT per CoinMarketCap; 991,283,100 BOLT per CoinCarp; 999.00M BOLT per Bybit; 960 Million BOLT per CoinGecko for BOLT on Base
• Explorer: etherscan.io
• CertiK Rating: 3.4 (scale and methodology per CertiK)
• Official Website: www.bolt.global
• Whitepaper: Listed on CoinMarketCap

Who created BOLT?

BOLT is associated with Ryan Breslow, who is identified as Founder and CEO of Bolt. According to an April 16, 2025 press release, Breslow founded Bolt 11 years prior to build the easiest app to buy, sell, and send crypto. He stepped down as original CEO following a controversial series of posts attacking startup ecosystem participants, and later returned as CEO. Olta Andoni also joined Bolt, the checkout, identity, and payments company behind the Bolt SuperApp for finance and crypto. The project reports that 40% of its executive leadership team are women. The company describes itself as having an early lead advantage in the digital asset space, fully audited financials, a robust corporate compliance team, and profitability. Institutional investors include Trovio Group, MBK Holdings, Sansa Advisors, JPIN LLC, Primal Capital, and Plutus Investment, alongside high-net-worth individuals in Singapore and Australia.

How does BOLT work?

BOLT operates as the core utility token within a broader social media and financial ecosystem. The platform's technical foundation includes the BoltX user-custody digital asset wallet, which in 2022 processed over 1.2 billion API calls to the blockchain protocols it supports. Every user is provisioned an on-chain balance powered by ZeroHash, providing full visibility into real-time balances and confirmations. Zero Hash LLC is a FinCen-registered Money Service Business and a regulated Money Transmitter that can operate in 51 U.S. jurisdictions. Banking services are provided by Midland States Bank, Member FDIC, though Bolt is a financial technology company and not an FDIC-insured bank. The Bolt SuperApp, launched April 16, 2025, combines one-click crypto and everyday payments into a centralized platform. Users can buy, sell, send, and receive major cryptocurrencies including Bitcoin, Ethereum, USDC, Solana, and Polygon directly within the app. The ecosystem also features peer-to-peer payments processed with a single click and enhanced account and order tracking for over 80 million shoppers.

What makes BOLT unique and valuable?

BOLT distinguishes itself through its integration of social media functionality with cryptocurrency utility. The project states it aims to become a climate-positive social media ecosystem by 2040. Its Bolt+ social network features live-streaming, direct wallet transfers, blockchain-based wallet support, donations, tips, and live chat. The BoltX wallet infrastructure demonstrates significant scale, with over 1.2 billion API calls made in 2022 alone. Bolt describes its SuperApp as a first-of-its-kind all-in-one financial services app, combining one-click crypto and everyday payments. Bolt's Checkout & Universal Shopper Network connects merchants with a two-sided network of 80+ million US shoppers. Bolt ID, launched December 1, 2025, introduces a network identity system to help merchants and shoppers reduce risks associated with synthetic identity fraud and account takeover attacks.

What is BOLT used for?

The Bolt Token serves as the primary utility token within the ecosystem and is publicly tradable on digital asset exchanges. Within the Bolt+ social network, the token facilitates donations, tips, and direct wallet transfers between users. The token is integrated into the broader Bolt SuperApp, which allows users to buy, sell, send, and receive major cryptocurrencies. The platform also brings stablecoins into everyday checkout, enabling one-click transactions without a crypto learning curve. Merchants can reach new customers, lower costs, and move money in real time. Bolt provides full-stack Merchant of Record services to stakeholders in the global digital goods economy across more than 190 countries. Strategic partners for growth include Hisense Group, OneFootball, VIDAA, Euronews, Monstercat, KuCoin, AscendEx, and MoonPay.

How Is the BOLT ecosystem developing?

The BOLT ecosystem has undergone significant development since its token began trading in 2019. In 2022, the BoltX Wallet processed over 1.2 billion API calls, and more than 4 million active installations were recorded across Smart TVs in Africa, the Middle East, Australia, and Asia Pacific. On April 16, 2025, Bolt announced the launch of its Finance & Crypto SuperApp. On December 1, 2025, Bolt launched Bolt ID. Bolt Financial, Inc. announced the first tranche of its Series E2 funding round, which targets a total of up to $27 million. The company has also faced challenges, including a staff reduction in which one-third of staff were fired, and a pay-to-play bridge funding round led by founder Ryan Breslow. Bolt.News aggregates Bitcoin news, job opportunities, and Lightning-powered content.

How to mine BOLT?

BOLT is not a mineable cryptocurrency. It operates as a utility token on the Ethereum platform and is also deployed on the Base network. There is no proof-of-work mining mechanism associated with BOLT. The token is generated and distributed through the project's own ecosystem and is publicly tradable on digital asset exchanges. Users acquire BOLT by purchasing it on supported trading platforms or through participation in the ecosystem's activities. The token's utility within the Bolt+ social network and Bolt SuperApp drives its circulation. Detailed public information on any staking or yield mechanisms is currently limited. The project's focus is on integrating the token into social media interactions, payments, and financial services rather than on mining infrastructure.

How to keep your BOLT Coin safe?

Securing BOLT tokens requires attention to both platform-level and personal security practices. BoltX is a user-custody digital asset wallet, meaning users retain control of their private keys and digital assets. Users should ensure they store private keys and seed phrases securely offline, never sharing them with anyone. When using the Bolt SuperApp, users benefit from on-chain balances powered by ZeroHash, with full visibility into real-time balances and confirmations. Cryptocurrency services provided by Zero Hash are not insured by the FDIC, are not deposits or obligations of the bank or its affiliates, are not guaranteed by the bank or its affiliates, and are subject to investment risk, including possible loss of principal. Zero Hash services and product offerings may not be available in all jurisdictions. Users should verify they are interacting with official Bolt platforms and avoid sharing sensitive account information. Enabling two-factor authentication where available and maintaining updated security software on devices used to access the ecosystem are recommended practices. Security information: the project has not published a public audit report or bug bounty program in the reference material.