Hello!
Today we want to introduce you to a very interesting ICO project - BITSCREENER - Financial Data and Content Ecosystem Powered by Blockchain!
Hello!
Today we want to introduce you to a very interesting ICO project - BITSCREENER - Financial information and content-ecosystem working on the blockbuster!
BitScreener is an innovative financial ecosystem that uses block-based stimulation to solve problems of dishonest profit distribution, biased information, a fragmented financial data system and a community content system, as well as fragmented warehouse and cryptographic domains, in financial data and content delivery. BitScreener combines several enhancements to existing content delivery systems and crowdsourcing for the financial sector with an emphasis on economic incentives.
The ecosystem of Bitscreener is a community-created financial content system that uses blockbuster remuneration to increase equity among different parties. The system will evaluate the social activities of certain users, such as writing a well-researched article, editing a message, or increasing / reducing some information. After evaluation, these actions are later transferred to points (BSP), depending on how their actions benefit the community. These points will then be converted to BitScreener based on Ethereum (BITX), which can be stored in Ethereum wallets, such as MyEtherWallet or MetaMask. In addition, points or tokens can be used to unlock additional functions on the platform, which are usually purchased using Fiat. Unlike other existing systems, BitScreener is designed to accommodate both cryptographic data and stock data in one platform. It works similarly to CoinMarketCap for cryptography and Finviz for shares. BitScreener, from the financial processing of data and the content delivery context, removes the boundaries between stocks and crypto-converters. This will allow traders to perform their due diligence to resolve their trading decisions on a single platform. The success of a cryptographic domain can be translated into the success of a storage domain. Also worth noting is that some of these features are already implemented in our iOS application (Crypto Tracker by BitScreener) and on the Internet (https://bitscreener.com)
It is well known that social platforms retain revenue for their shareholders without sharing their users. Popular financial forums, such as BitcoinTalk or TradingView, mimic the business models Facebook and Twitter to generate revenue. There is no difference in the distribution of benefits - they receive most of their income by selling ads or monetizing their user information. For example, BitcoinTalk is the largest online forum on crypto currency, has more than 30 million messages on millions of topics created voluntarily by almost 2 million free members worldwide. BitcoinTalk earns its revenue by selling advertising banners for crypto-related start-ups. Although some websites, such as SeekingAlpha, are trying to solve this problem by distributing a small part of the income to investors, justice is still a problem; only a few high-ranking users get a share in the undisclosed ratio. As social media is becoming increasingly a part of everyone's daily activities, it is necessary to change the paradigm of traditional profit distribution. Authors and readers should be treated fairly on the basis of their content, which are justified by communities. The system should be for people, not for one centralized provider.
Information about BitScreener is high-quality, multifaceted and not biased, based on the opinion of the user community. Having adopted the voting mechanism from Wikipedia and StackOver-stream, any information can be thoroughly studied by the community. Since each action is reflected in the number of BSP viewers, the action must be authentic. In addition, the posted information is not final - it will always be improved by any other viewers or editors with higher qualifications. This design ensures the consistency of the quality of the information provided. The methodology of "growing content quality" of the crowd is popular among well-known content portals, including Wikipedia and StackOverflow. In addition, since users publish their profile and vote for it, any action of "Pump Dump" is much more complicated than that of the prevailing social networks.
The BitScreener information block includes a screening tool, which is an outstanding feature of the BitScreener application and the Internet. This tool offers hundreds of filter criteria that help traders effectively scan cryptos or shares of their interests, rather than surfing through a huge number of investment tools. The ability to "screen" or filter through thousands of crypto conversions based on certain criteria is a powerful feature that is unique only to BitScreener. Adjustable parameters include price, volume (24 hours), market capitalization, exchange, productivity, order, type and age. The newest version of BitScreener adds several important filtering criteria, such as algorithms, a 52-fold average volume, a circulating power source and maximum power. The ability to quickly sort and find coins that exactly match the specified criteria is a critical advantage for both traders and investors. The platform now also includes some preinstalled screens that allow users to conveniently view some cryptograms, such as winnings, losers or newly added kryptons. There are also various information functions, such as a market heat card, the latest financial news, but the details of these functions are not included in the scope of this document.
The BitScreener functional solution is a stimulation based on a chain of blocks through a BITX token. BITX is a means of transferring value between content participants and content consumers. Financial writers or researchers who deliver value will be rewarded with BITX, and readers or traders who consume value may to some extent have to spend tokens. These economic incentives help the ecosystem to maintain and grow. Using marker markers, this incentive mechanism is much more profitable than one based on other payment methods, such as cash money or a traditional gift card. BITX will be broadcast faster, cheaper and more accurate on a block chain, regardless of the number and geographical locations. BITX operations are transparently open to all related parties. This section provides information on how to buy bonus features on BitScreener using tokens for tokens holders and how to get rewarding tokens from delivery of high-quality content to the community.
BSP is the bridge between depositors with a decentralized tokens BITX agreement. For each amount of the value added, the BitScreener will be mapped to the BSP according to a fixed rate. This amount can be measured, for example, by the number of votes or the number of views. For this reason, BSP is similar to the number of upvotes that users evaluate in many other systems with a red copy of content, such as StackOverflow or Quora. For example, we can set a fixed rate conversion, for example 1: 1, which means that one vote equals one BSP. The code to execute the bet will be public in a block chain for transparency.
Besides sharing on BITX, BSP can also be used to purchase additional BitScreener services, similar to tokens. For example, the price warning features on the mobile device can be unlocked using the appropriate number of points. This shortcut eliminates redundant conversion steps in BITX to access advanced services, which saves additional transaction fees and time.
It is important to note that the BSP, once generated, does not immediately convert to BITX. The points will be available for conversion to BITX after the maturation period and in a ratio that depends on the supply and demand for BITX on the Bitscreener platforms. There are three main reasons why we want to hold BSP for a while in the system.
BSP is a measurement of user contributions. The BSP is calculated based on the value generated by the users. This calculation is a common problem that has already been solved in many crowdsourcing systems: from community forums such as Wikipedia, StackOverflow to commercial markets such as Netflix or Amazon, where users vote for a movie or a product being sold. This section will discuss the details and example of the use of content and its distribution of BSP.
The BitScreener command offers a long-term plan for implementing the goals of the BitScreener command. In particular, the BitScreener team will complete the financial data subsystem dedicated to the crypto currency, and also implements the first version of the community-based content platform, with the component component based on the blockbuster, that is, BSP, in the third quarter of 2018. Select users will be able to contribute value in exchange for BITX rewards by creating articles related to cryptography, editing them or translating them into different languages, etc. In 2019, we will provide a full version of the data subsystem and content subsystem for cryptos and the securities market securities. Expanding the services in the securities market around the world, BitScreener will be a financial gateway and financial content pioneer based on the principles of blocking, to meet the investment needs of various traders and investors.
Details on the stages of the project development can be found from its road map, which is given below:
In general, the project is worthy to interest many. And this can be seen from the collected funds for the ICO, which will last until July 3. So hurry to study the project and participate in it.
More information on all the information you can find on the project website and in Whitepaper:
https://tokensale.bitscreener.com
https://storage.googleapis.com/files.bitscreener.com/tokensale/BitScreener_Whitepaper.pdf
Also all news about the project can be learned from the social sites of the project:
https://twitter.com/bitscreener
https://www.facebook.com/bitscreenercom
https://t.me/bitscreener
https://bitcointalk.org/index.php?topic=3354336.0
https://bitcointalk.org/index.php?topic=3353693.0
Join BitScreener. Follow the news on the official information channels.
And we were happy to help you today.
With you was the CryptoWorld channel.
Until next time! And do not forget to subscribe and put on the likes.
Our profile bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1752950
bitcointalk username: Tobikov
ETH address: 0x5E333cC689ea24f575365596ee2965FB73054a1c