**[MagicBlock to Launch BLOCK Token Presale on February 5]** Foresight News reports that the on-chain gaming engine MagicBlock will launch the BLOCK token presale on February 5. The presale will last for 3 days and will be conducted in two phases: whitelist addresses will enjoy a 24-hour priority subscription period, followed by a 48-hour public sale. Whitelist addresses must meet at least one of the following criteria: having interacted on-chain with applications built by MagicBlock, or being core members of the MagicBlock community. Participation methods include a first-come-first-serve Bonding Curve (fully unlocked at TGE) and quota application (fixed price with $1 billion FDV, 1-year lock-up). For the "quota application" option, the team will comprehensively evaluate the following signals: on-chain activity of the applicant address, GitHub activity, community engagement, and influence. If the application is not approved, users can withdraw their committed USDC. The TGE is currently planned for late Q1 or early Q2 of 2026, with the exact timing depending on development progress.