PREFACE
Defi system is talking over the traditional finance and banking system which is centralized and has some issues which limit its services.
The success of Defi platforms and crypto currencies is luring various institutions and individuals into investing in the Defi projects. This development has led to the eruption of various Defi projects leading to many problems in the Defi financial services. There are lots of fraudulent Defi projects that have defrauded many investors of their funds and assets, which have led to trust issues in the cryptosystem.
Boom Crypto market is a Defi project designed to bring trust and transparency in the decentralised blockchain and cryptosystem through the introduction of measures that will enable safe transactions among the users using established smart contracts.inform actionement team of the project are established professionals experienced in Defi blockchain techniques. Their aim is to sanitize the cryptosystem and flush out scammers with misleading information which deceive and defraud investors who don't have proper knowledge. They project to achieve through self executory blockchain smart contracts. This will instill lasting trust in every user, investor, trader and even observers of Defi financial services and providing sensitive information which will help users to make profitable decisions that will attract more participants.
UNIQUE FEATURES OF BCM
Decentralized Staking
BCM platform is designed to reward users who stake BCM tokens on its platform with several other crypto currencies like MOR which is the parent company of BCM and other cryptocurrencies which will be added in future.
The stake rewards module will be unveiled to the community at the launch of the project. After presale and listing on Uniswap, BCM will be listed on MorCrypto Exchange.
Decentralized Marketplace
The world is poised to become a global village courtesy of the Internet which has enabled online transactions. This phenomenon has been impaired by trust issues resulting from some fraudulent activities of scammers who cause investors to loose huge funds especially in the cryptosystem.
Boom Crypto Market provides a solution to these issues by projecting a permissionless p2p decentralized service providing platform.
It ensures that transactions are done with contract receipts as proof for both ongoing, pending and settled transactions. The system automatically generates the receipt which stands as transaction evidence.
The marketplace will provide avenues for small companies to showcase their products and also share experience with experts and leaders of industries, the buyers are presented with expertised services under a safe smooth contract.
Cryptocurrency Asset Listing Platform.
Boom Crypto Market will develop unique tools to provide thorough information concerning each listed token or exchange. This will help to solve the problem of lack of adequate information in the cryptosystem which causes manipulation of transactions. They will give information like trade history, order book, daily, current and summary of trading volume, active trading platforms etc.
The platform will display all available information concerning any token and build trust between the users and the projects, thereby attracting investors.
Cryptocurrency Asset And Exchange Listing
All active, available and reliable cryptocurrency projects, exchanges and companies are listed on Boom crypto market with stringent rules. Every company must apply to the proper body for verifications and provide the needed requirements before it will be listed on the platform.
Token Usage
As the basic token of the platform, BCM will be used as follows:
Settlement of all transactions done on the platform.
Payments for services rendered on the marketplace.
It can be swapped with fiat or other crypto currencies like BUSD, MOR and BNB.
THE JURY
This is a process established by Boom Crypto Market platform to use in resolving smart contracts disputes among its users. It operates like a court.
A user is qualified to be a jury by the amount staked in the platform LP. When there is an issue in Smart contract between users, the affected fund will be released to a jury who will do the needful.
Boom Crypto Market thrives to solve age long problems which have been with the cryptosystem from inception. Therefore, it will continue to upgrade its platform with best ideas in order to flush out scammers and fraudsters from the cryptosystem.
USEFUL LINKS
https://t.me/BoomCryptoMarket
https://web.facebook.com/boomcryptomarket
https://t.me/BoomCryptoMarket
https://www.linkedin.com/company/boomcryptomarket/
https://www.youtube.com/channel/UCRP2NDKXKoJ10QymC9zRGuA
WRITER DETAILS
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