What is Bolt (BOLT)?

Bolt is a global social media ecosystem. They enable everyone to build their community and earn from doing what they love. Its ecosystem comprises Bolt+, a full-feature social network; BoltX, a user-custody digital asset wallet; and the Bolt Token, its core utility token publicly tradable on digital asset exchanges.

Bolt brought a global catalog of live channels to Bolt+, presenting it in an easy-to-search, easy-to-browse format available on mobile and the Bolt web. This was an experience that, to this day, does not exist on social platforms. For most of the world, where cable subscriptions–the only way to access quality live channels–are cost-prohibitive and restrictive, this offers people compelling value.

Over the years, Bolt consistently focused on improving the Bolt+ experience and listened closely to its users. As a result, Bolt substantially increased the number of features available to live stream easily on Bolt+, empowering people to share content and connect directly with the communities.

Today, Bolt offers a home feed to easily share content, direct wallet transfers on Bolt+, blockchain-based wallet support, donations, tips, and a live chat feature. Word of mouth and community referrals remain its most potent user acquisition tools. The evolution of Bolt+ to a full-feature social network, built to empower a new generation of content creators, would only have happened with the support and feedback from its community.

Bolt’s goal is to move quickly to extend market leadership across social networking and pursue substantial opportunities in significant markets. In addition, Bolt will continue to focus relentlessly on building solid relationships with its users and offer them unparalleled value in co-creating their community and economic opportunities with us.

Bolt will continue to spend wisely and reinforce a lean and cost-conscious culture. Its growth strategy is to extend a crisp focus on astute working capital management and long-term profitability. They came so far with their hardworking and talented team. Its continued commitment to hiring a diverse and inclusive team has been the bedrock of what Bolt has done since day one. 

 

Who is the founder of Bolt (BOLT)?

Bolt has a globally distributed team across 18+ nationalities and is headquartered in London, United Kingdom. 

John Croft is the Independent Non-Executive Director. John is an experienced Chairman and non-executive Director of both Public and Private Companies. He previously had a successful international career in the technology and financial services sectors. He is the Executive Chairman of Jade Road Investments, an AIM-quoted investment company, and has extensive experience in Asia, having served on the Boards of companies based in Malaysia, Hong Kong, China and Australia.

Jamal Hassim is the Co-Founder and Chief Executive Officer of Bolt Global, where he leads its corporate functions, including regulation, compliance, and finance. A multi-faceted, lifelong entrepreneur, Jamal has invested, restructured, launched, and operated various television and radio networks across the world since 1995, including the TV5 Group in the Philippines, Singapore Press Holdings Group in Singapore, JakTV in Indonesia, and the Media Prima Group across Malaysia and Africa. Jamal is based in London.

Christel Quek is the Co-Founder and Chief Technology Officer at Bolt Global, where she leads product development and engineering, Boltb3 thought leadership, commercialization and business development across its ecosystem of users and partners. A Forbes 30 under 30 Honitsee in 2019, Christel was also previously Head of Content at Twitter, ex-CMO at Zilliqa, VP of Asia at Brandwatch, and ex-Head of Social Business at Samsung Asia. 

Shawn Taylor is the CFO at Bolt Global, where he leads its Finance teams group. Previously, Shawn was CFO at Cudoni, one of the leading UK resellers of pre-owned luxury items. Until 2019, he was CFO at AIM-listed Imaginatik plc, a SaaS business that combines a technology platform and consulting to deliver innovation capability to large global businesses. 

Jason Knox heads up Corporate Development at Bolt Global. Previously, Jason has worked for Scotia Bank, the private equity firm 3i, and the Sponsor Finance team at GE Capital. He also worked as a Corporate Finance Manager with UK Government Investments. Jason holds an MBA from Manchester Business School and is a qualified accountant.

Zhang Tao is the VP of Engineering at Bolt Global, where he manages a global team of software engineers to build, scale, and optimize BOLT Global’s technology stack. Zhang Tao has also held development roles across various technologically fast-paced companies at Tencent, Civiltest Engineering in Australia, and Rush Hits Media in the US. Zhang Tao holds a Master’s Degree in Software Engineering from Yanbian University.

John Peterson-Clark is the Vice President of Blockchain DevOps at Bolt Global. He coaches and collaborates with engineers, designers, product managers and senior leadership on implementing different blockchain initiatives across the entire organization. John was an early adopter of blockchain technology and held senior roles at Rio Tinto and Boeing in Australia. John holds a Bachelor of Electronics and Computer Science from La Trobe University.

 

What is Bolt (BOLT) used for?

Staking 

The BoltX Staking program is a unique way to stake and is designed to reward long-term token holders through the network growth of the BOLT ecosystem. When Bolt grows, you grow too. They offer 5% APR on the total sum staked, pro-rated and distributed daily.

NFTs

Bolt is releasing its NFT Gallery on the BOLT X Extension. Users will soon be able to send, receive, store (and admire) all their NFTs in one wallet. The NFT Gallery, on its BOLT Extension, allows you to securely send NFTs to whoever and whenever — all you need is their contract address. You can even adjust the transaction speed according to your liking.

Content Creating & Streaming 

Unlike other platforms, Bolt does not take 50% of creators’ earnings. There is also no need to accumulate a minimum number of subscribers to start earning, and you can cash out your earnings anytime.

Build Brand Communities

Build your community and enable fun features from Day 1. With the integrated Connect Wallet functionality, you have the web3 world at your feet.

 

How is Bolt (BOLT) unique?

Bolt is a purpose-driven & extremely passionate collective to ensure people and creators their freedom to produce, consume and earn through the revolutionary Bolt Web3 platform.

Bolt follows 5 enduring core values that shape the culture and define the foundation of how they act and make decisions at Bolt Global. These values include:

  • Proactivity: Bolt continually strives to ensure the success and satisfaction of its users and partners by acting as entrepreneurs and owners of the company.
  • Respect: Bolt respects and values each individual. Bolt embraces diversity to create an inclusive environment across its team, users, and partners.
  • Humility: Staying humble is important. Bolt believes no giant is too big to fall and no small action is too inconsequential to spark positive change.
  • Transparency: Bolt is transparent in all its interactions with its team and partner ecosystem
  • Fairness: Bolt strives for fairness in value creation and distribution for content creators, hence setting a high standard for the enduring sustainability of the content industry

Bolt has come a long way since 2018. Its revenue has grown 400% from $3.4 million in 2019 to $11 million in 2022. Its gross profit has increased from $1.2 million in 2021 to $2.2 million in 2022. Bolt established long-term relationships with many important strategic partners, including Binance, Hisense Group, OneFootball, VIDAA (the smart TV operating system), Euronews, Monstercat, KuCoin, AscendEx, and MoonPay. In 2022, Bolt recorded more than 4 million active installations across Smart TVs across Africa, the Middle East, Australia and Asia Pacific.

 

How many Bolt (BOLT) coins are in circulation?

Bolt has a maximum supply of 999,000,000 BOLT.

 

How is the Bolt network unique?

Bolt’s securely crafted smart contract secures the Bolt network.

 

How do I buy Bolt (BOLT)?

The BOLT token can be used for a wide range of purposes, like staking and purchases.

BOLT tokens can be easily purchased by following the following steps. 

Open an account with the crypto trading platform.

* Transfer the specific amount of your fiat currency to your account.

* Wait for your deposit to be confirmed and buy BOLT through your trading account by swapping with BTC, ETH, or USDT pairs.

 

Which Cryptocurrency Wallet Supports Bolt (BOLT)?

The PTPWallet platform supports many cryptocurrencies, with BOLT  soon to be included. Because of its vast use case, PTPWallet has grown to become one of the most used platforms, as it serves as an exchange and an engine to discover other cryptocurrencies. The platform offers a simple user interface, is supported by both Android and iOS devices, and comes with its own mobile wallet app.

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