Decentralized finance (DeFi) has turned out to be very famous and profitable in light of the fact that it incorporated the core principle of blockchain into the current financial systems.
DeFi by a large extent are mostly powered by smart contracts on the Ethereum blockchain which is the second the most well known crypto assets aside from Bitcoin. Smart contracts permits DeFi to run consequently without the presence of an agent or a central control, this is the principle that contrast between DeFi and conventional financial systems like banking and lending institutions.
Boom Crypto Market is a fast developing Defi project that is powering crypto market, an aggregation of cryptocurrency assets and an IDO platform that stand to serve the BCM utility token holders. This project mean to bring transparency, trust and outright decentralization to the blockchain and cryptocurrency space
THE PRIMARY TARGET OF THE BOOM CRYPYO MARKET PROJECT.
The principal idea is to maximally dispose of extortion from the blockchain and cryptocurrency industry and empower the world's unbanked populace with an independent technology by providing the below listed DeFi services;
- Decentralized Staking Platform: Boom crypto platform users can earn passive income through the staking services offered on the platform
- Decentralized Swap Protocol: With this feature, users can easily swap cryptocurrencies to fiat or fiat to cryptocurrencies in a fast, secure and seamless manner.
- Buy and Sell Services: Users can find talent seekers who need the services of their speccific talent and the talent seekers can also find competent professionals to undetake their jobs remotely.
- Transparent Cryptocurrency Asset Listing Platform: Users can watch their favourite DeFi or other cryptocurrency assets and keep track of price actions. Users can also find holistic information regarding any cryptocurrency asset all on the same platform.
- Trust: Freelancers don't have to worry about payments from talent seekers and talent seekers also do not have to worry about any uncompleted or unsatisfactory jobs from the freelancers. This is because the system already has a mechanism that automatically record users trust in a transparent manner
- The Jury (Governance): As a platform that will oblige various kinds of individuals from all around the planet, its very true that there will be times where we may see some conflict and may require goal on the two sides. Boom Crypto Market platform will have an feature called "Jury" which is like a court, if there should arise an occurrence of a debate the smart contract will move the authority of delivering assets to the "Jury" which is sorted dependent on the measure of liquidity available on the platform.
It is very true that an ever increasing number of organizations and individuals are embracing blockchain and cryptocurrency technology. Clearly, the issues that Boom Crypto Market team is attempting to tackle have been around since forever ago which is a lack of reliable information regarding various crypto projects at the disposal of everybody.
The team also perceive that they will most likely be unable to complete everything in one day, so what they have is like a security framework, yet the Boom Crypto Market will watch out for and change whatever requirements needs to change.
PLATFORM TOKEN WITH ITS UTILITY AND TOKENOMICS
As a platform that provides a marketplace to help service suppliers offer their various types of assistance to clients with trust while helping service purchasers to procure services from the suppliers, the BCM token which is the utility token that controls the Boom Crypto Market platform will be utilized for payments of charges for all exchanges carried out on the platform.
Purchasers and suppliers of services can choose to pay or get payments in BUSD, BNB, MOR or BCM. Exchange charges will also be paid in BCM, BNB, BUSD or MOR depending upon the client's decision. This charge will be utilized as an award on the staking platform and for liquidity suppliers.
It is true that there are numerous corporate bodies that lose subsidies each year because of extortion and amateurish service suppliers, the Boom Crypto Market platform will radically take out these misfortunes while guaranteeing clients are happy with the services given to them. Boom Crypto Market presents another degree of consolidating trust and fulfillment across the board platform with no restriction to any part or region of the world.
BOOM CRYPYO MARKET BUSINESS MODULE
BOOM CRYPYO MARKET TOKEN SALE
Boom Crypto Market is a 100% Defi project whose token is minted on the Binance Smart Chain blockchain with a total supply of 100,000 BCM. 65% of the total supply have been allocated for the pre-sale. The project team have concluded that there will be a burning of unsold tokens following the presale while the team's tokens remain locked for half a year. Boom Crypto Team intends to list BCM tokens on top-level exchanges when the pre-sale is finished.
THE TEAM
ROADMAP
CONCLUSION
Boom Crypto Market DeFi product is a solution that has quite a demand in the cryptocurrency ecosystem. Although currently there are projects like Coinmarketcap and Coingecko which are in the same line of service with Boom Crypto Market but truth is the idea are quite different in the sense that Boom Crypto Market is integrating full DeFi potentials into the product. It will be a nice idea to look more into this idea.
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BITCOINTALKS USERNAME: cryptowhitewalker
BSC Wallet: 0x07D565cFc1a9c1eb191eD9f618C7bA1d268F44c5