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What is Blox (CDT)?

Quick Facts

  • Token symbol: CDT
  • Blockchain: Ethereum (ERC-20)
  • Originally launched: 2017 as CoinDash
  • Rebranded: to Blox in 2018
  • Core focus: Non-custodial ETH staking and asset management
  • ICO raised: $30 million
  • Contract: 0x177d39ac676ed1c67a2b268ad7f1e58826e5b0af

Introduction

Blox (CDT) is an Ethereum-based token at the center of a crypto asset management and staking platform. Originally launched under the CoinDash brand, Blox evolved from a portfolio tracking tool into a full-featured, non-custodial Ethereum staking service designed to make validator management accessible to everyday users.

The project's mission is to make ETH staking safe, simple, and scalable without compromising user privacy or Ethereum's broader decentralization.

History & Background

The project began as CoinDash in 2017, positioning itself as a next-generation platform for portfolio tracking and blockchain asset management. Its ICO in 2017 raised $30 million, though the event was notably disrupted by a hacking incident.

In 2018, the team rebranded to Blox, retaining the CDT ticker. The platform subsequently pivoted its focus toward Ethereum validator infrastructure and staking services as the Ethereum ecosystem shifted toward proof-of-stake.

How Blox Works

Blox offers a suite of tools built around non-custodial ETH staking. At its core is an open-source staking wallet called KeyVault, built on HashiCorp Vault technology, which secures validator keys without handing control to a third party.

The platform also provides ETH node infrastructure, automated validator deployment and management, and a performance dashboard for monitoring staking rewards. Users can set up and manage validators without needing deep technical expertise.

Tokenomics

CDT is an ERC-20 token that functions as the native utility token of the Blox ecosystem. It was distributed primarily through the 2017 ICO and serves as a means of accessing platform services and incentivizing participation within the network. The token's economic design centers on rewarding users who engage with the staking and management tools offered by the platform.

Circulating Supply ? 1.00 billion CDT
Total supply ? 1.00 billion CDT
Max supply ? -- CDT
Updated 8mo ago

Ecosystem & Use Cases

The Blox ecosystem targets both individual ETH holders and institutional stakers who want to maximize validator rewards with minimal overhead. Key use cases include:

  • Validator deployment on the Ethereum Beacon Chain
  • Key management via the open-source KeyVault
  • Performance tracking through a unified staking dashboard
  • Portfolio synchronization across wallets and exchanges

Team, Governance & Community

Blox was founded by a team based primarily in Israel. The project has been community-oriented, with an active presence across crypto forums and social channels. Governance decisions and product direction have historically been communicated through official blog posts and community updates, reflecting a relatively centralized development model typical of early-era crypto projects.

Advantages

  • Non-custodial design means users retain full control of their keys and funds
  • Open-source KeyVault adds transparency and community auditability
  • All-in-one platform combining staking, node management, and portfolio tracking
  • Early mover in the ETH staking infrastructure space

Risks & Challenges

  • Low market activity with limited exchange listings and thin trading volume
  • Rebranding history creates confusion between the CDT token and successor projects
  • Competitive landscape has grown significantly with major staking protocols entering the market
  • Legacy token dynamics as CDT transitions to the SSV Network ecosystem

Long-Term Vision

Blox laid important groundwork for decentralized Ethereum staking infrastructure. Its open-source tooling and non-custodial philosophy influenced the broader validator management space. The project's evolution toward the SSV Network represents its long-term vision of distributed, fault-tolerant validator technology that enhances Ethereum's resilience and decentralization at scale.

Frequently Asked Questions

Blox is an Ethereum-based project originally launched as CoinDash in 2017. It provides non-custodial ETH staking infrastructure, validator management tools, and crypto portfolio tracking, powered by its native CDT token.

CoinDash was the original name of the project when it launched its ICO in 2017. The team rebranded to Blox in 2018 while keeping the CDT token ticker, and later pivoted its focus toward Ethereum staking services.

KeyVault is an open-source, non-custodial staking wallet built by Blox using HashiCorp Vault technology. It secures Ethereum validator private keys locally, ensuring users retain full control without relying on a third party.

CDT is an ERC-20 token running on the Ethereum blockchain. Its contract address is 0x177d39ac676ed1c67a2b268ad7f1e58826e5b0af and it is compatible with any Ethereum-supporting wallet.

Blox conducted an Initial Coin Offering (ICO) in 2017 under the CoinDash name, raising $30 million. The event was notable for a hacking incident that disrupted the token sale.

Blox evolved its technology into the SSV Network, a distributed validator technology protocol for Ethereum. CDT holders were given a path to upgrade to the SSV token as part of this transition.

Blox targets both individual ETH holders and institutional operators who want to run Ethereum validators without deep technical knowledge. The platform automates much of the setup and management overhead involved in staking.

Unlike custodial staking providers that hold your validator keys on your behalf, Blox uses a non-custodial model where users always control their own private keys. This preserves user sovereignty and reduces counterparty risk.