In recent years there has been much interest in using the blockchain network to promote ideas and services pertaining to environmental and ecological sustainability. Through the use of cryptocurrencies, many startups have envisioned projects that can help create programs/ softwares that are forward thinking and have the potential to help humanity as a whole.
About BCDC Online
The BCDC token has been created to serve as a payment medium for a diverse and comprehensive range of sustainability projects. To start with, the company wants to work towards creating projects that address problems related to recycling, provenance and renewable energy. At this point it would aso be beneficial to mention that BCDC has been founded by individuals who have ran charitable initiatives around the world, and have seen the potential of the crypto network in resolving some of the world's most pressing problems.
The company was launched in August 2016.
Who Are The People Running The Show?
The CEO of BCDC is Gordon Cowan. He has been working the field of healthcare and medicine for a long time, and was also the person behind the popular firm Promax . The technology side of things is handled by Krunal Soni, who is also the CEO of blockchain industry leader Minddeft. In addition to this, there are many other entrepreneurs and environmental advisors who have gotten onboard the BCDC wagon.
About The BCDC Token
The BCDC token is the company’s private currency that can be used by interested investors to invest in renewable energy platforms globally. BCDC is part of the EcoChain network, and has the potential to be used by both individual and institutional investors so as to gain profits from even independently financed projects. In addition to this, the token can also be earned via the ‘RecycleToCoin program’, that allows for users to gain incentives by doing simple activities such as participating at local charity events etc.
Token Sale Details
The first phase of investments has concluded as the required funds have been raised. However, there is another sale period that will start on the 21st of November. In terms of quantity, we found the following data on the website:
- there will be a total of 1 Billion tokens that will be created.
- Out of these, only 125,000,000 tokens will be made available for the Pre-Sale
- 250 million will be available for the Main Sale.
- 250,000,000 will be reserved for the RecycleToCoin project.to give rewards to consumers.
- Lastly, 250,000,000 units will be frozen and will be used for repayments at a rate of 20% per year over 5 years to the investors.
BCDC Online Conclusion
How Will The Collected Funds Be Utilized?: According to the BCDC financial team, the funds that are procured from the Initial Token Sale will be used to purchase either Ethereum or other fiat currencies. Out of the total funds, a major portion will go towards creating and developing new projects that are based upon renewable energy initiatives. After this, a certain amount of money will go towards providing participants with bounty awards and covering staff/ legal fees. Lastly, a small percentage of the funds will be used for marketing and raising awareness for the cause.