MagicBlock will launch the BLOCK token presale on February 5th

Foresight News: On-chain game engine MagicBlock will launch its BLOCK token pre-sale on February 5th. The pre-sale will last for 3 days and will be conducted in two phases: a 24-hour priority subscription period for whitelisted addresses, followed by 48 hours open to the public. Whitelisted addresses must meet one of the following conditions: have interacted on-chain with applications built by MagicBlock, or be core members of the MagicBlock community.

Participation methods include first-come, first-served Bonding Curve (fully unlocked at TGE) and quota application (fixed price of 100 million FDV, 1-year lock-up). For the “quota application” option, the team will consider the following signals: on-chain activity of the application address, GitHub activity, community engagement, and influence. If the application is not approved, users can withdraw their committed USDC. The TGE is currently planned to take place at the end of Q1 or early Q2 of 2026, with the exact timing depending on development progress.