IS BELA Worth Investing In?

The BELA token has struggled recently as the market downturn has seen it lose the vast majority of its value. After peaking at a price of around $0.52 in January, BELA is currently trading at a price of $0.052550 and retains a market cap of approximately $2m. At its peak it was worth over $20m.

The management of belacam Inc., is also working hard in order to attract investment into the project which has already yielded some result with the investment of $150,000 seed investment from, Mark Galant, a successful serial entrepreneur. Founder: GAIN Capital / Forex.com

As the founder of GAIN Capital/Forex.com, Galant grew the company to a valuation of over $1 Billion and an IPO on the New York Stock Exchange (NYSE). Forex.com is on pace to handle nearly $3 trillion in 2018 retail foreign exchange volume.

Having someone of Galant's calibre on the Belacam team is a tremendous asset considering his experience and ability to bring value to companies.

The Bela team decided to switch BELA over to an ERC20 token and incorporated a Proof-of-Stake consensus algorithm. The main objectives being to incentivize true everyday users and to also move away from more centralized mining pools. These shifts is aimed at improving interoperability with ERC20 tokens being well integrated with exchanges and hardware wallets.

The swap was concluded in May, 2018 where old BELA were exchanged for ERC20 BELA on a 1:1 ratio.

At the Current Market Price of $0.052550 per Bela and a Circulating Supply of * 37,292,232 Bela Tokens which puts the Market capitalization of Bela at $1,959 Million United States Dollars, the price of *Bela is set to reward it’s investors with as much as 10,000% profit when it reaches a market capitalization of $200 Million United States Dollar; which can happen within 3 - 6 months as we have seen in the case of Ripple and Verge which rewarded it’s investors with 38,018% and over 75,000% profit respectively in 2017.

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