The battle for the exchange is heating up rapidly. Trading mining has risen overnight, from obscurity to industry giants, the blockchain industry never lacks stories and legends. It seems that everything is undecided, who is the next dominator of the exchange, the world will wait and see. Now it’s time to welcome our today’s protagonist - the Bgogo exchange.
The Bgogo exchange is registered in the Cayman Islands and has teams in North America and Singapore. The founding team comes from well-known Internet companies such as Facebook, Twitter, Microsoft, IBM and Alibaba. The core members have won many ACM computer competition world championships. Bgogo has previously completed a total of $10 million in equity financing for the Pre-A and A rounds. Shareholders include well-known venture capital institutions such as Node Capital, Yunjiu Capital, BAI, Goopal Digital, and Shanxing Capital.
Bgogo trading mining model is different from the current trading mining model.The first difference is that the transaction fee of the Bgogo transaction mining returns in high speed within 30 minutes. As long as the user trades in Bgogo, he will receive a 105% commission fee of BGG (Bgogo's platform token) as a reward, which will be returned to the user's account every 30 minutes instead of 24 hours required by other platforms. The high-frequency and high-speed return of the 105% equivalent token, in a certain sense, truly realized the negative transaction fee.
Secondly,100% of the transaction fees (ET, BTC, BCH etc.) that belong to the Bgogo platform will be used to buy back BGG, and it will be repurchased every day. The transaction fee of the Bgogo platform is not used for dividends, but is used to repurchase the BGG. The repurchase is in the daily/24-hour cycle, and the daily high-frequency repo The repurchased BGG is uniformly placed in the public address and sealed as a platform risk reserve, and the address will be posted on the platform website.
In addition to the 30-minute high-frequency return transaction fee and daily repurchase, what reforms are there on the Bgogo platform?It is SuperNode !The new SuperNode system launched by Bgogo will reshape the exchange ecosystem. The BGG SuperNode 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 and will serve as an important ecological support for BGG, with the corresponding rights and responsibilities of the platform. The term of each SuperNode is one quarter, or 90 days. After the end of each quarter, the BGG position will be ranked, and the new SuperNode will be generated by the currency-day weighting algorithm.
The BGG Super Node is the 21 pillar stone of the Bgogo ecological construction and is an important ecological support for Bgogo. The SuperNode has two rights. The first is the right to vote on the cryptocurrency. In the quarter of its term, SuperNode has a right to apply for a high-quality project on a global scale. The SuperNode's BGG position during its term of office must be locked for one quarter. Second, the right to allocate fees. 20% of the transaction fee generated by the SuperNode's recommended cryptocurrency will be permanently returned to the SuperNode.
Bgogo will use the SuperNode's ecological resources to search for the highest quality projects all over the world. And the SuperNode has the right to allocate 20% of the transaction fee. The core competitiveness of the exchange is the ecological construction ability and the highest quality cryptocurrency, it really brings value to users.
How can Bgogo guarantee the quality of the projects recommended by SuperNode?The Bgogo platform will be subject to strict monitor and review mechanisms. First, for the SuperNode, the Bgogo management team will conduct a rigorous KYC qualification review to ensure that the SuperNode is professional and does not involve violations. Second, for the proposed project, the SuperNode must guarantee and perform due diligence on its authenticity, reliability and legal compliance to ensure that it does not involve false disclosure, commercial fraud or illegal pyramid schemes. Finally, Bgogo will continue to supervise the projects that have been launched. If the project is found to be in violation of laws and regulations, Bgogo has the right to remove the project and cancel the SuperNode qualification of the corresponding node.
Today, the Bgogo's team is committed to reshaping the digital currency exchange ecosystem and giving back to the community with a creative architecture and the highest quality projects.
In the future, Bgogo's goal is not only to develop into an industry-leading digital cryptocurrency trading platform, but also to be the BAT(Baidu,Alibaba and Tencent) in the token economic ecology. The Token economy has the potential to reconstruct production relationships and redefine the economic relationships between producers, consumers, owners, and users. Bgogo will be committed to this innovation continuously!
Bgogo official wechat:Bgogokefu001
Bgogo official website:Bgogo.com
Great !! I am Red I just write a BGOGO introduce in Chinese, https://steemit.com/bgogo/@red5566/bgogo
If u feel good fallow me or left some message thank u
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