Boostyfi, ATLA Token, and Blockchain Sports. As you dive into this new world of athlete support, you likely have many questions.
“What’s the difference between Boostyfi and an exchange?”
“Why is the price so low?”
“Where do my tokens go after I buy them?”
This article is your comprehensive guide to answer all those questions. From basic concepts to purchasing rules and token management, we have compiled every anticipated question and its answer in the clearest way possible.
If you want to learn more about the detailed background and strategy, we recommend reading the following articles as well:
To deeply understand the big picture of Boostyfi:
When Cheering Becomes Power: A Complete Guide to Blockchain Sports, the New Form of Athlete Support Starting with Boostyfi
To learn more about pricing strategy, risks, and returns:
How to Buy ATLA Tokens for Less: Half the Market Price? A Guide to Boostyfi’s Pricing Strategy and Smart Tactics
Frequently Asked Questions about Boostyfi
Category 1: The Basics
First, let’s get a clear understanding of the roles of the three core elements of this ecosystem: “Boostyfi,” “ATLA,” and “Blockchain Sports.”
Q. What exactly is “Boostyfi”?
A. Boostyfi is the one and only official platform (launchpad) where you can purchase the “ATLA Token”—the official currency of the Blockchain Sports ecosystem—directly from the project under special conditions.
An easy way to think about it is this: while a general exchange (like MEXC) is a “secondary market” where anyone can freely trade, Boostyfi is the “primary market” or “official store” for becoming an early supporter of the project.
Q. So, what is the “ATLA Token”?
A. The ATLA Token is the official native coin of the new sports economic zone called Blockchain Sports. It is the lifeblood of this world, serving as the foundation for all activities, including acquiring athletes, upgrading facilities, participating in tournaments, and paying fees.
Q. And what is “Blockchain Sports”?
A. Blockchain Sports is the ultimate “destination” you access through Boostyfi. It is a next-generation athlete support platform that utilizes AI and blockchain technology. Fans can own and develop “Digital Twins” of young athletes discovered by AI, enjoying a new kind of support and experience that is linked to the real-world performance of the athletes.
Category 2: Price and How to Buy
Next, let’s cover the rules around “price” and “purchasing,” which are of the highest interest to most people.
Q. What is the difference between buying ATLA on Boostyfi versus an exchange (like MEXC)?
A. The biggest differences are in how the price is determined and the attached conditions.
Boostyfi:
Price: Uses a step-based sales model based on a fundamental price (e.g., $15).
Conditions: Purchased tokens are subject to a long-term lock-up (sales restriction) period, which includes a “Cliff” and “Vesting,” explained later.
MEXC Exchange:
Price: Constantly fluctuates based on market supply and demand.
Conditions: There are no conditions whatsoever. You can buy and sell freely at any time.
Q. What is the sale price of ATLA on Boostyfi?
A. The fundamental starting price is $15 per ATLA. However, this is a base price, and it may change depending on the number of tokens sold, or discounts may apply for very large purchases.
Q. What is the minimum purchase amount on Boostyfi?
A. The minimum purchase amount is $100.
Q. What payment methods are available?
A. You can pay with a bank card, a TronLink wallet (USDT TRC20), or various other cryptocurrencies via Payid19.
Category 3: The Most Important Rule: Cliff and Vesting
To understand Boostyfi’s pricing, you cannot ignore the “lock-up” rules. It is essential that you understand them.
Q. What is a “Cliff”?
A. A “Cliff” is a period, the first 12 months after purchase, during which your tokens are completely locked. You cannot withdraw or sell them at all. This is a “holding period” established to ensure price stability in the project’s early stages.
Q. What is “Vesting”?
A. “Vesting” is the process that begins after the 12-month Cliff period ends, where your locked tokens are gradually unlocked in stages. For example, a schedule might be set to unlock the tokens in equal monthly installments over 24 months.
Q. Why are such complex restrictions necessary?
A. These two mechanisms are crucial for the healthy growth of the project. If early supporters were to sell all their tokens at once, the price would crash, causing the project to fail. The Cliff and Vesting are well-thought-out strategies to prevent this and to reward true supporters who are committed to the project’s long-term vision.
Category 4: Managing Your Tokens After Purchase
What happens to your tokens after you’ve actually bought them? Let’s walk through the process.
Q. Where are the tokens I buy on Boostyfi stored?
A. After purchase, your tokens are first displayed and stored in your personal account on the Boostyfi platform. You can think of this like a bank account balance display.
Q. When can I transfer my tokens to my own wallet (like MetaMask)?
A. After the 12-month Cliff period ends and the Vesting (unlocking) process begins. Starting with the first batch of unlocked tokens, you will be able to sequentially transfer them to your personal wallet or an exchange account. During the Cliff period, you cannot move them from your Boostyfi account at all.
Q. How can I withdraw affiliate rewards from Boostyfi?
A. Separately from the ATLA tokens themselves, any rewards you earn (e.g., from affiliates) in USDT can be withdrawn once a month in the form of USDT (TRC20) to a wallet address you specify.
Category 5: ATLA Token Utility and Tokenomics
Finally, let’s cover the more detailed specifications of the ATLA Token and its role within the ecosystem.
Q. What is the ATLA Token used for?
A. ATLA serves a variety of roles within the ecosystem:
Paying for transaction fees (gas fees)
Earning rewards through staking
Acquiring and developing Digital Athletes within Blockchain Sports
Gaining access to various other services and features to be implemented in the future
Q. What is “Staking”?
A. Staking is the act of contributing to the network’s stability and security by locking up the ATLA tokens you hold. Just as you earn interest by depositing money in a bank, when you stake your tokens, you receive rewards (such as newly issued ATLA) in return for your contribution. You can start staking with a minimum of 10 ATLA.
Q. Can you tell me about ATLA’s total supply and inflation?
A.
Total Supply: The total issuance is capped at 3 billion ATLA.
Inflation: The token follows an inflationary model of approximately 4% per year. These newly issued tokens are primarily distributed as staking rewards.
Burning: To counteract inflation, a portion of the transaction fees paid by users is permanently burned (removed from the total supply).
We hope this article has helped deepen your understanding of Boostyfi. Armed with a full understanding of the rules, you can now make an informed decision and take your first step into the future of athlete support.
