April 18 marked the launch of the sale of the chips of a Buzar project that is out of the ordinary because it is launched by one of the most popular celebrities in Russia: Olga Buzova . This is the first ICO that is performed by a Russian star with over 12 million fans . In addition to a hard core of fans eager to support their idol, the community is now growing with cryptocurrency enthusiasts and experts from around the world.
What is the main feature of the project? Why is there interest only a few days after the start of pre-ICO? It is interesting to note that the Russian crypto-community has been overwhelmed by news widely discussed by the local media. We could not not talk about this atypical case, we inquired.
Olga Buzova, the people
Olga Buzova is the founder of the project, she wants to expand her popularity and activities while promoting her project. The level of popularity at its disposal could serve as a springboard not only within the country, but globally. The platform already has, indirectly, a community of more than 12 million potential followers (based on fans of other social networks).
The team plans to release version 1.0 of the platform on schedule, by the end of 2018.
Olga Buzova is a famous and extremely popular person in Russia. Olga began her career in 2004 as a participant of Dom-2- a Russian reality TV show on the channel TNT and in 4 years, she became permanent host on the same channel.
Olga has proven herself not only as a host, but also as a pop singer. His songs became big hits in Russia and reached the top Russian iTunes in a few days. According to All Stars magazine, in 2017 Olga Buzova became number one on the list of the most popular Russian singers, and in just one year, she broke the world record on iTunes - her song " She is Not Afraid "Appeared in the hit parade in just 1 minute!
Olga later became an active blogger, with more than 12 million subscribers. On some criteria it exceeds those of Tom Cruise, Donald Trump and Hillary Clinton in terms of popularity. His Instagram ranked in the top 3 worldwide in terms of number of views, hugging Lele Pons, Kim Kardashian and other celebrities.
She is a film and theater actress, has her own brand of clothing - Olga Buzova Design, produces her own perfume collection and has written a number of books.
Buzar: decentralized marketplace
So, what is Buzar? It is a platform that combines the functions of communication services and marketplace. The platform brings together: cryptocurrency, banking and terminals, and digital signatures. By combining all the features, the platform wants to be a super marketplace.There will be two basic technologies: obviously Blockchain and smart contracts. These serve as a basis for the platform.
Obviously, Blockchain makes the platform decentralized, allows direct transactions between its users, which avoids mediators. Only two people are involved in the transaction: the sender and the recipient; no one else can affect the transaction or charge unreasonable commissions.
Everything will be controlled by special algorithms and smart contracts. These are LCPoA and Trusted Nodes technologies. They serve as a substitute for trust between all participants in B2C, B2B and Cs2 segments.
These technologies should be treated as an automated trust deposit. Smart contracts are used to make agreements between users - parties on the network. For example, between a seller and a buyer, they would guarantee the respect of all the conditions necessary for the transaction between the two parties.
It is very important because in this case neither the client nor the entrepreneur can cheat in any way. It does not matter if Buzar is used for shopping or business, it is a suitable platform in both cases.
However, businesses (especially SMEs) can undoubtedly make the most of it by joining the platform: a new audience, a new market for goods and services and new opportunities to promote the brand among a population of fans .
Here are other features of the Buzar platform that we will briefly cover:
- No mining. Buzar 1.0 will be based on the Ethereum network and will therefore use its computing power
- Transactions are made without commission or intermediary
- The Blockchain keeps the data open and their transmission unlimited
- Network can speed up to 25,000 transactions per second
- Users are identified by their digital signatures that are securely stored on a blockchain
- The cross-chain technology makes payments on the network through bank terminals. Online payments by QR-codes will also be available
- Many operations within the platform are performed without downloading the Blockchain, which makes the transaction speed even higher.
The final word
In summary, Buzar is more than an idea with a famous person who supports it, but also a whole alliance of technology and a large user base (fans) to surf the trend. It should therefore be noted that Olga Buzova already has the support of millions of people, mostly of Generation Y and Z, who are best able to use cryptocurrencies. For more details, you can visit buzcoin.io or read the white paper.What do you think of Olga's project to get the support of her fan base to create a marketplace using the Blockchain? If a star you know realizes such a project would you support him? Tell us in the comments section.
Posted from my blog with SteemPress : https://infos.link/buzar-buzcoin-the-project-of-the-russian-star-olga-buzova/