BlockCAT (BCAT) create, manage, and deploy smart contracts with No programming required.
What is BlockCAT?
BlockCAT lets anyone create, manage, and deploy smart contracts on the Ethereum blockchain with just a few clicks. No programming required.
“Our mission is to provide the world a safe way of leveraging inexpensive smart contracts on the Ethereum network and beyond, creating intelligent and automated economic activity at scales not previously possible.” Our team firmly believes in the disruptive power of smart contracts, when made accessible. Whether the purpose is personal, business, or otherwise, accessible smart contracts have the potential to be the basis for emerging technology and economic and social activity. We see a future where smart contracts are used by non-technical individuals to buy and sell goods and services, finalize no-nonsense business deals without lawyers in seconds, implement intelligent on-premise and internet-based checkout systems, automate repetitive enterprise-grade fund transfer processes, and create entirely new organizational hierarchies with the press of a button – amongst many other possibilities, all with trust and simplicity. BlockCAT will be a timely and influential platform ready to usher in an explosion in the number of smart contracts utilized.
BlockCAT has the following core objectives:
1. Build and remain as the de facto platform for creating and deploying smart contracts
in an accessible fashion by delivering a device-agnostic web portal and a broad set of
configurable templates for rapidly constructing, deploying, and optionally extracting
2. Make smart contracts quicker to use, more efficient, easier to understand, and less
costly than current agreements, contracts, and multi-step payment solutions.
3. Provide smart contracts that are reliable and inexpensive enough that even the most
technically acclimated smart contract developers will gain value from using our prebuilt
or customized contracts, at a fraction of the time and cost of manual deployment.
4. Implement the tooling necessary to create smart contracts that have minimal risk of
5. Provide integration with a variety of other valuable services such as prediction markets,
payment interfaces, and digital asset/currency exchanges.
6. Provide a marketplace for curating and selling smart contracts created by the worldwide
In summary, BlockCAT aims to make using smart contracts so simple, reliable, and, costeffective
that they become widely adopted, improving peoples’ lives and making society more
In our future, everyone uses smart contracts
- Effortless smart contract creation that anybody can deploy.
- Mobile and desktop interface to manage your contracts.
- Design custom contracts that meet your specific needs.
- Chain or combine multiple contracts to build out entire business payment models.
- Transfer funds automatically and globally, at great scale.
- Secure business deals – without lawyers.
- Transaction verification – remove the risk of sending Ether to the wrong address.
- Develop and sell your custom contracts on our decentralized marketplace.
- And much, much more… including applications that no one has thought of yet!
While far from an exhaustive list, the following examples provide some insight into the
general idea and class of applications that BlockCAT targets. Please note that this list in no
way represents the set of complete features ready to be used. This document is not intended,
at any point, to state or imply the currently implemented features of BlockCAT.
Safe Remote Purchases and Escrows
If you wish to buy from a stranger online, you are required to trust that stranger honors their
agreement in sending the goods. Similarly, the seller must trust the buyer is honest about
receiving the goods. With smart contracts, the system becomes trustless as both parties must
uphold their agreement to receive the goods or funds. With BlockCAT, anybody can set up
these contracts on a per-use-basis without needing to write a single line of code, opening
up the world of trustless online purchasing and other forms of escrows without the need for
Prediction Market Integration
Prediction markets, such as Augur  and Gnosis  provide an easy way to access external
information not typically available to smart contracts, such as the results of elections. Block-
CAT can leverage this information to provide simple ways of automating transactions that
occur according to the results of this information.
Platforms such as Kickstarter  or IndieGoGo  are popular places to provide the initial
funds for large scale projects. However, the project creators have little to no accountability
to actually create and deliver their proposed project. BlockCAT will provide smart contract
based crowdfunding that guarantees accountability from the creators. This additional trust
throughout the whole crowdfunding system will therefore encourage more money to be
invested into projects. Additionally, BlockCAT will provide payment platform integrations
so funders not holding digital currencies can effortlessly contribute.
Tamper Resistant Polls and Voting
Traditional online polling systems have weak trust and are vulnerable to attack due to their
centralized nature. Polls as smart contracts can provide strong and transparent voting systems
that operate completely autonomously. Decentralizing the entire process guarantees
that miscounts of ballots are impossible. Additionally, the immutable and open nature of
the blockchain means that anybody can audit the process and verify the results independently
BlockCAT ensures that this process is painless to setup and eliminates the need to manually
program each poll, transforming the lengthy and tedious process into just a few clicks on our
Online auctions are vulnerable to many methods of user manipulation. Both bidders and
sellers can fail to uphold their promise to pay or deliver goods once the auction has ended.
Malicious users or bots can place fictitious bids to artificially inflate prices, and throw the
bidding process into disarray. Centralized auction services can fail to resolve user conflicts
and freeze funds for large amounts of time. BlockCAT will prevent these problems through
decentralized smart contracts, ensuring all parties involved must conduct the auction in a
fair and transparent way.
Proof of Existence
Typically, in order to certify ownership or existence of an item or idea, a centralized party
must serve as an authoritative source of truth that others must trust. Using smart contracts,
this ownership data can be written permanently into the blockchain, where it remains
extremely resistant to malicious change or accidental data loss. BlockCAT makes it easy
for anyone to perform proof of existence, by providing externally verifiable procedures for
anybody to confirm the block-chain data is valid.
The BlockCAT Token Sale
Sale Start Block
Sale End Block
Estimated Start Date
20:00 UTC on July 15, 2017
Base Exchange Rate
300 CAT = 1 ETH
This Token Mechanics and Sale Details summary does not constitute an offer to sell or a
solicitation of an offer to buy BlockCAT’s token, called “CAT”, and is provided for informational
purposes only in respect of BlockCAT’s platform. The following summary reflects
BlockCAT’s current expectations with respect to token mechanics and sale of CAT, which
are subject to change.
In the near future, the BlockCAT token (CAT) will be sold. As part of this sale, a fixed
pool of CAT will generated. No further CAT will be created in the future. Once the sale
concludes, a portion of CAT tokens will be allocated and given to the BlockCAT team as an
incentive for the success of our platform, and a separate portion will be held as a reserve pool
and expenditure fund. The community will hold 79% of all CAT, the BlockCAT team will
hold 20% of CAT (subject to a freeze period), and 1% will be allocated for the reserve pool.
CAT serves several key operational functions with respect to the BlockCAT platform for its
1. CAT will be the only means of paying for contract deployment.
2. CAT owners will be allowed to participate in milestone completion votes, which will
be used to unlock reserves for BlockCAT expenditure.
3. CAT will serve as the primary mechanic for verifying third-party marketplace smart
contracts in a decentralized and secure way.
When BlockCAT smart contracts are deployed by users, the CAT that is paid as a fee will be
re-sold and circulated back into the ecosystem at market value.
Our team wants to proceed with due care and caution to minimize potential asset loss for
users. As these smart contracts are deployed on the Ethereum blockchain as immutable code,
it is particularly crucial that everything is thoroughly battle hardened and easily updateable
to handle bugs. As part of the development process, we will source independent professional
software auditing for all smart contracts, in addition to our internal verification pipeline –
this comprehensive testing routine is allocated its necessary portion of time and is reflected
in the paced release schedule. BlockCAT features will be released in the following order:
The feature release schedule for the BlockCAT platform. Vote-based unlocking
will occur for the milestones marked with an asterisk
The expected expenditures in percent of total costs for the BlockCAT platform
Blockcat Update - Exchange, Discord, Accounting & more
We want to keep everybody in the loop about what’s happening with BlockCAT, and it’s important we do this right.
If we update too often, we run the risk of over promising, as when plans change we have to go back on our previous word. Let’s say we announced a partnership with another company too early, and that deal falls through, we’ll cause lots of disappointment. If we update too rarely, then people will lose interest in our platform and worry that nothing is getting done. It’s all about finding the middle ground, and one possible solution here is a scheduled update. Once a week, we release a blog post to detail what our team has been doing that week. This way, people always know updates are coming, and they’ll be regular. Sometimes news might be vague, such as “We’re talking about possible partnerships”. Other times they’ll be specific, such as “We hired a new solidity developer.
So with this in mind, I’d like to give you the rundown of this week at BlockCAT, as the first of an experimental weekly community update. I’m marking this experimental because we may decide on a new update system in the future.
New office We’re extremely close in finalizing a lease for a new office space. The paperwork is in our lawyer’s hands and pending everything being given the green light we’ll be moving into our new office September 1st. This space will allow us to make 5–10 additional hires towards making BlockCAT a reality.
We’re hiring Everyone in the company to date are founders/shareholders, but now we’re hiring employee’s we’ve had to start from the ground up creating employment contracts and setting up payrolls. We’ve already been interviewing potential candidates. We’ll discuss these in more detail when everything is official and we can formally welcome new team members. Right now, we’re only hiring locally.
Accounting Receiving $7 million USD in cryptocurrency from anonymous people all around the world from selling a cryptographic token which now has a marketcap of over $20 million USD, is quite a headache when it comes to taxes. We’ve had to work very closely with our accountant to make sure everything we do is accurately reported and managed properly.
Exchanges We’ve made a few statements already, but I’ll cover this topic again here. We unfortunately cannot discuss any arrangements or possible future arrangements with exchanges regarding the listing of our token. We have been strongly advised to wait until possible arrangements have been completed, as discussing them publicly could negatively impact our ability to partner with exchanges. We ask the community remains patient during this process, and we assure you that improving the liquidity of our CAT token is a high priority for our team.
Community manager One of the roles we’re hiring for is a community manager. About 50% of our time is currently taken up responding to emails, offering support for using CAT with various wallet services, answering questions in our discord, managing our social media, etc. As a result we’ve been working 12 hour days, 7 days a week, just to keep up with all of this. We’re also aware we’ve been less responsive this week as we’ve been heads deep in all the legal & admin work described above. Our community is really important to us and we want to make sure we can continue to deliver the same quality of communication and transparency moving forward, as the company founders become more busy with daily operations. This position is also a local hire only.
Discord Our live chat has been running at 100mph all week. Which is really exciting! Though it’s become very difficult to filter out questions people are directly asking the team, or to make announcements that everybody will see. As a result we’ve created two new channels on discord, #announcements and #ask-the-team. We encourage you to check them out to stay updated or speak to us directly.
BlockCAT (BCAT) Community Update - New Office, Exchanges x2, New Roadmap & More
We’re looking to expand our team and this new office has the space for 12–15 people. Here’s a photo of the main room. At the back there’s 3 separate rooms where most of the action will be happening. This open space you see below will be a common-area. And behind the camera is a 4th room for more busy work.
We’ll share more photos once the place has been kitted out. Right now there’s a few odd-ends needing a touchup and obviously we have to move all our stuff in!
Onboarding x2! We contracted two new members of our team this week. First up is our business consultant. He’s the sort of guy who you drop into a company and he’ll tell you exactly what’s going wrong and how to fix it. So we’re in the fantastic position of having him right from the start, so these problems never happen. He’s also going to be key in helping us expand our development team. Lots of tech companies really struggle to expand from a handful of people into double digits, so it’s important we do this right.
Next up, we have an in-house lawyer. Every smart contract BlockCAT officially releases will have different legal challenges. They involve crowdfunding, token sales, investment pooling, prediction markets, etc. Our lawyer is especially important with all the recent reports from regulators such as the SEC. He’ll ensure BlockCAT can continue to operate in any environment.
We mentioned last week we’re looking for a community manager. That one is still ongoing, as we’ve not found the perfect fit yet. So more news there once the position has been filled.
We’re also starting hires for additional developers so we can increase both the quality of our platform and speed of our release schedule.
Exchanges x2! Many of you heard about the RadarRelay announcement. We’re especially excited to be included as a launch token on their platform. BlockCAT is being listed right alongside some huge names in crypto such as Golem, Gnosis, Aragon, Bancor. So it’s pretty incredible to be included when we’re relatively unknown in comparison. We’ll talk more about this in a separate post though, coming soon.
Binance really took us by surprise this week when they informed us about their new monthly coin vote. We requested to be involved and then we got surprised again when we woke up this morning to discover we’re included in the vote, and it’s ongoing, right now! Again we’re up there with some big names like Stratis & OmiseGo. Even if we don’t win the vote, a high position will indicate demand to Binance which could help with our main application (which is still ongoing with them). So if you’ve not voted yet, what are you waiting for! https://www.binance.com/vote.html
As for other exchanges, talks are still ongoing and we appreciate the patience around this process. It’s been a tough one for us too with all the new legal compliance we have to follow.
New Roadmap Now the sale has ended, we’re able to redesign our roadmap to reflect our final budget. We’ll be writing up a separate post on this too once it’s ready, but the good news is we’re able to release faster than expected. We’re also planning a rolling release that’ll take us from beta to the final product. That means lots of regular updates and tons of community feedback.
See you next week
BlockCAT (BCAT) Community Update — Sept 15th
What’s happening with exchanges Cryptopia — We’re live! You can go trade our token right now, it’s listed with the ticker BKCAT. To clarify the ticker name, CAT is still our official ticker, though as some websites/exchanges already use CAT for a really old bitcoin fork called CatCoin, we’ve had to adopt a secondary ticker of BKCAT.
We don’t see this being a problem, as it’s actually quite common for coins/tokens to have multiple tickers. Even Bitcoin is traded as both BTC and XBT depending on where you look.
RadarRelay — We’ve been in close contact with RR throughout their Beta. We’re due to be listed soon, though they’re adding new coins/tokens gradually as they continue to test their service. It’s brand new, and they want to make sure everything works correctly, we totally respect that.
We’re very excited about our RR listing. If you look at the launch lineup, we’re listed alongside some very high profile tokens/coins such as BAT, Augur, OmiseGo, EOS, Bancor, etc. RR is also one of the first companies to use the 0xProtocol, which we believe is going to make huge changes to how people trade cryptocurrencies.
Other — We know the community is very excited about us being listed on other exchanges 🐱🥔. We don’t have any further news and we don’t expect any for some time. It’s a long process to get listed these days due to the increased concern with regulators and the recent bans happening in China. Liquidity of our token is always important to us so we’re continually researching new options and pushing forward with current applications as a top priority.
Speaking of China We made a statement about the Chinese ban on our twitter but just wanted to clarify things here for those that missed it. BlockCAT will not be affected by the ban. We shall continue to operate as expected.
Hiring Lots of progress happening with expanding our team. We contracted a recruiter who’s got tons of experience finding high profile developers for tech startups. Huge progress is already being made in this area.
We’ve mentioned a few times that we’re only hiring locally. To be more specific, we’re hiring within our province of Canada (British Columbia), so if you fit any of the following roles and are living in BC, please email us: [email protected] and we’ll provide you more details.
It seems office updates are a controversial topic for us! Some of you love hearing about how it’s evolving, others feel it’s not so important. We’ll keep including updates on how it’s going, but it’ll be the last section of our weekly update so you can skip if you’re not interested.
This week was our first full week in the new office. We’re up and running with our computers and desks and it’s been great! Lots still to happen, as most of the rooms are still empty. We’re working with an interior design company to furnish the whole place over the next 4–6 weeks, and a networking company to setup servers, firewalls and get WiFi flying around. Once that’s all done we’ll do a full tour!
BlockCAT (BCAT) - Exchanges & Accelerators & Connections
What could be a more suitable community update than one about hiring a community manager!
It’s been a long time coming, as this was the first position we began interviewing for after our sale ended because we knew how important communication would be. Community involves a two-way conversation between you and us, and we recognize that this would become even more essential moving forward. We’re a company largely comprised of engineers, and we’re aiming to challenge the standards that tech companies are known to have.
It’s was especially important we find the right person for this role. Not only do they publicly represent our company, but they also play a key part in understanding your needs and feedback for our platform. It’s thanks to your great feedback during our Alpha, and your future thoughts on our upcoming Beta that’s going to make BlockCAT even better than we first imagined.
You’ll be hearing from him as soon as he’s on-boarded and settled in. He’s relocating a long distance to join us, so it’ll be a little bit before he’s ready to get started. Rest assured, Eric will continue to engage with the community and stay involved, but our community manager will help facilitate that in a way that best utilizes his time.
Radar Relay Our listing with Radar Relay made some fantastic progress this week. We had some productive calls with their CEO and our lawyers are finishing up the final details of our partnership.
As many of you are aware, the regulatory space in cryptocurrency has changed dramatically in the last few months. We’re especially excited about working with Radar because they’re by far the most professional when it comes to navigating the legal challenges that come with innovation. We see this continuing to be being a strong relationship between our companies moving forward.
Binance We have completed the next required stage of our application. They have now forwarded our application to their “final review committee”, who have the authority to make the decision on if we are listed. We have been advised their decision takes a while because they have a large backlog of applications.
Accelerators & Connections
We’ve been in talks with a local tech accelerator about how they can help BlockCAT focus towards continued success. They’ve already provided us so much valuable insight and delivered years worth of wisdom and experience. This week we took the next step towards formally becoming a member of their program.
Our CEO has also had meetings with academics conducting blockchain research, and has begun laying the foundations of future partnerships with blockchain companies and research groups. It’s nothing we’re ready to talk about yet, but we wanted to give some insight into the connections and partnerships we’re working on behind the scenes.
BlockCAT (BCAT) Community Update - Work in progress, BlockCAT Beta, Security & More
Work in progress
In preparation for the upcoming changes, we’d like to remind the community that while our Alpha product will still be accessible on the new site, we will be phasing out the alpha functionality alongside the beta release.
If you have any Ether still contained in our Alpha smart contracts, we encourage you to withdraw that Ether prior to the launch of the Beta. https://alpha.blockcat.io
What to expect in the Beta One of the key insights we’ve learnt from the BlockCAT alpha was how disruptive MetaMask was to the user experience. Our decision to use it was largely driven by our goal to make the platform as “thin” as possible. However, it’s become clear that the impact of MetaMask has been very detrimental to the overall look, feel, and flow of our platform. Our core value proposition has always been in delivering an excellent and pain-free experience, and we’ll be revisiting our architecture to ensure that we build a better platform for everybody to use.
In an effort to increase the number of contract deployments during our Beta, we’ll first be releasing visual contract simulations. These contracts will provide a similar user experience of deploying live smart contracts, without the need to actually spend your Ether or Tokens, allowing everyone to participate in testing the platform, even users who don’t own any cryptocurrency.
We’ll release new contract simulations one at a time, source extensive feedback from the community, iterate the design, and ultimately finalize the UI — effectively delivering a product grown and refined by our collective userbase. Once we’ve completed this cycle with all our smart contracts, we’ll deploy live versions of the contracts that interact with the blockchain.
We’ve been working on creating infrastructure that allow us to quickly create and release simulations for community suggested contracts. This will allow us to test a large number of contracts and filter through the most popular ones for our solidity engineers to write onto the blockchain.
Security With the recent Parity multi-sig contract destruction that caused an estimated $150 million USD worth of Ether to be inaccessible, we’ve been increasing our focus on making smart contracts both reliable and safe. The reason why the Parity contract destruction was possible is because of a similar vulnerability that allowed a hacker to steal $30 million USD back in July.
This is why unit testing, integration testing, and code review are a core part of BlockCAT’s development culture. We strive not just to make smart contracts more accessible, but to also raise the standard of smart contracts that are available. When you deploy a multi-sig, you need to be confident your money isn’t going to disappear tomorrow.
Oh, and for those that missed our tweet on the topic, you’ll be glad to hear our company funds are not stored in a Parity multi-sig contract.