Hello everyone, I would like to recommend you to trade on BGOGO Exchange.
My Bgogo UID: 1067745476(将来用于进入创世挖矿白名单。)
The pattern of trading mining is still unabated. The BGOGO Exchange officially plans to launch its own platform currency BGG. Also as a trading and mining model, BGG can lead the future!
BGOGO Exchange Introduction
The investment team includes well-known venture capital institutions such as Node Capital, Yunjiu Capital, BAI, Goopal Digital, and Shanhang Capital. At present, the exchange has launched 30+ trading pairs and completed the launch of multiple projects.
Exchange Profile : The world's first super-node autonomous digital asset trading platform
Highlights of the exchange : negative transaction fees, high frequency daily repo, super node.
Exchange Advantage : A strong founding team that has completed a total of $10 million in equity financing in the Pre-A and A rounds. Investors include well-known venture capital institutions such as Node Capital, Yunjiu Capital, BAI, Goopal Digital, and Shanhang Capital.
Insufficient exchanges : The new platform currently has a low volume of transactions and fewer users.
BGG trading mining - negative transaction fee
The platform rewards the user with 50% of the total BGG in the form of a transaction fee refund. The user will receive a BGG equivalent of 105% of the transaction fee as a reward. The future platform will also maintain or adjust the amount of BGG returned, but will still be more than 100% of the transaction fee. The platform is calculated based on the market price of BGG at the time of the transaction, and the rebate generated after each transaction will be issued to the user's account within 30 minutes.
BGG Repo - High Frequency Daily Repo
Bgogo will repurchase BGG at the market price or limit price at 100% of the platform's fee, and the repurchase will be in the day/24 hour period. The repurchased BGG will be uniformly destroyed at the public zero address (black hole address) and the destruction process will be announced.
BGG super node
The BGG super node consists of 21 nodes. The first SuperNode is hosted by 21 top blockchain organizations around the world. They participated in the first round of BGG donation. Each creation super node invested 500 ETH to purchase BGG. As an important ecological support of BGG, it has the corresponding rights and responsibilities of the platform.
The term of each SuperNode is one quarter, or 90 days. At the end of each quarter, a new SuperNode will be generated according to the BGG position ranking.
The specific production rules are as follows: The transaction takes a snapshot of the full-platform account at zero point (UTC+8) every day, and uses the currency/day weighted calculation value of the BGG holding amount as the sorting basis to obtain the ranking of the BGG holdings in the quarter. The top 21 accounts become the super nodes in the new quarter. If there are abandoners, they are ranked by rank.
The SuperNode must pass the KYC Qualification Audit of the Bgogo Management Team to ensure that the SuperNode does not engage in violations.
BGG super node enjoys the rights
One, one vote on the right to the currency . The Super Node has a currency in the quarter of its term and can recommend a premium currency worldwide. In addition, the position of the SuperNode during its term of office must be locked for one quarter. The project recommended by the super node must be approved by the project party, otherwise the coin will not be issued. In the case where multiple super nodes nominate the same project, the project party decides which super node to use.
Second, the right to allocate fees . 20% of the transaction fee generated by the super node's recommended currency will be permanently returned to the super node.
BGG SuperNode fulfills its obligations
In addition to the first super node, the new super node shall lock the held BGG within the quarter of the term.
Super nodes shall guarantee and perform due diligence on the authenticity, reliability and legal compliance of the recommended projects, and recommend high-quality projects with high community recognition to ensure that false disclosures, commercial fraud or illegal pyramid schemes are not involved. If the project is found to be in violation of laws and regulations after the online exchange, the transaction ownership will be removed from the project and the super node qualification of the node will be cancelled.
Exchange token introduction
The total amount of BGG: 10 billion pieces, never added.
Token distribution:
50% of mining mining, 20% of platform ecological development and operation, 20% of founding team, 10% of the first super node and strategic investors.
Fundraising plan:
The total amount raised for the SuperNode and all other investors is 15,000 ETH, which accounts for 10% of the total BGG issue, or 1 billion BGG.
The uniform price of the raised price is 1 BGG = 0.000015 ETH.
The investment share of each super node is 500 ETH, 21 super nodes invest a total of 10,500 ETH, and the remaining 4,500 ETH shares are invested by other strategic investors and eco-cooperators.
Release plan:
The trading mining is released in 4 years and the hard top is released every day. The ecological development and operation part of the platform will be unlocked in proportion to the transaction mining. The founding team will be locked for 4 years and unlocked 1/4 at the end of each year. The first super node and strategic investors will unlock 50% of the total on the first day of the launch, which is about 7500 ETH equivalent (about $3.45 million), providing basic liquidity for BGG tokens. The rest will be unlocked in the next 5 months, unlocking 10% each month. For each super node, unlock the equivalent of 250 ETH equivalent on the first day ($15,000 equivalent). At the same time, Bgogo will update all the super node positions and post them on the official website every day.
BGG is the first case in which the global encrypted digital currency disclosed the details of the position of the main account on the exchange, hoping to promote the transparency of the position of the encrypted digital currency industry.
Sum up:
At present, the exchange is holding a creation mining whitelist activity. For details, please visit the official website.
At present, the advantages of participating in the creation of mining are very large and have a very high participation value. The platform adopts a new mining mechanism and the high utilization value of the token, and the expectation of future appreciation is large.
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