Blockster (BXR) is the gateway for crypto where cryptocurrency traders and fanatics worldwide connect, earn, and learn on a feature-rich platform committed to the blockchain hustle. As per the litepaper, The Blockster token is an integral part of the Blockster ecosystem. 

As per the whitepaper, traders can stake BXR tokens within the Blockster platform for receiving a 20% share of the ad earnings generated by the Blockster Ads. Traders can pay content creators with the BXR tokens. Traders who stake BXR tokens seek to gain higher status and liberties within the platform compared to the staked BXR value. Traders must deposit BXR to utilize and unlock their wallets within the Blockster platform and stake BXR to open and use Blockchat, the live chat system developed in the platform. Traders must stake the BXR tokens for unlocking and utilizing video streaming within the Blockchat. The BXR holders receive a 20% share of the total ad revenues yielded by Blockster Ads.

Blockster's self-serve advertising forum (mobile and web app) aims to allow advertisers to reach their target demographics effectively. Crypto projects and businesses can advertise themselves to a high-quality international audience of Blockchain Hustlers. The only official unit of currency for getting ads is the BXR token. 

BXR is an ERC20 token that is native to the platform. Businesses expend BXR tokens to exhibit ads on both partner websites and Blockster. Traders stake BXR tokens to acquire a 20% share of ad earnings and aim to gain higher privileges and status within the Blockster platform. Because Blockster burns 5% BXR tokens expended on ads every month, both traders and businesses compete for an ever-decreasing supply of deflationary currency.

Adam Todd is the founder and CEO of the Blockster platform. The founding team includes Lidia Yadlos as the cofounder and CMO, Tetyana Shpakovych as the product manager, and Anton Kovalenko as the CTO.

The Blockster testnet was established in July 2021, and 300,000 traders were onboarded from the waitlist. The testnet platform was made fully open for the public in August 2021.