Blind 29 ($B29) is a concept for a token whose trades are sealed on submission — size, price, and direction hidden — then opened together in one batch, 29 blocks later, at a single fair price. No front-running. No watching the mempool. Nobody sees you coming, because nobody sees anyone.
Three orders enter blind, each redacted until its 29-block window closes — then they reveal together and settle at one shared price, so being first in line buys nothing.
The old problem: the moment your order hits the mempool, a bot reads it and trades ahead of you. The idea here: don't let anyone read it. Seal every order, open them all at once, and the advantage disappears with the visibility.
Illustrative split for the concept — final numbers would be set by whichever team and community take this forward.
A 2.9% fee applies to any attempt to cancel or resubmit an order to dodge the queue — treated as tampering with the file.
Tampering fees route to the reveal rewards pool, paid out to wallets that held their sealed order to term.
Batches with zero tampering carry a small bonus, funded from the protocol treasury, split across that batch's participants.
A concept roadmap — filed as case entries, since each one closes a specific gap in how blind settlement would actually work.
Define the commit-reveal order format, the 29-block window, and the batch clearing-price model.
Prototype the encrypted commit contract and the batch settlement logic, tested against simulated order flow.
Community formation, independent audits, and a testnet run of the blind-reveal batches.
Mainnet launch consideration, exchange conversations, and governance handed to the community.
Blind 29 is a concept — a blind-settlement mechanic worth building. If it resonates, the next step is a real team, a real audit, and a real community to shape it.