Beenews BTKB will be a revolutionizing news platform that aims to provide the most objective information and evaluations possible for investors in the market for crypto and blockchain technology.
It will be supported by a unique Artificial Intelligence algorithm that plans to help investors make the best decisions available in real time, while avoiding dangerous mistakes. Beenews is based on Meta-graph Chain, a public blockchain system that includes a smart contract system.
Informational Solutions For The Blockchain Industry
The approach to the problem that the team is pointing out to the general public is that there are currently many drawbacks for traders seeking information of crypto-value.
Problems ranging from the high rate of counterfeit projects that can be as high as 90% leading to false estimates, the lack of media neutrality that can lead to misleading advice, the lack of effective evaluation systems for projects to be evaluated objectively, and the biased evaluation of blockchain platforms. Because of this, and the lack of understanding for occasional or beginning traders, the communication firm wants to offer first-hand information solutions.
The White Paper by Beenews sets out the company's roadmap, making it clear that it will be the future company dedicated to becoming the world's largest value discovery platform for blockchain and digital currencies, helping users avoid investment risks, and driving the healthy development of blockchain ecosystems.
In addition, they add in their roadmap that their meta-graphic chain could be considered for the use of public blockchain to obtain data based on blockchain technologies.
How Will Beenews Crypto News Platform Work?
The news platform has outlined what distinguishes it from other news channels, stating that they provide information to investors in an smart way by addressing several of the industry's communication deficiencies and providing solutions, including the use of a digital currency knowledge chart and what will be a convenient information exchange channel.
Users of the Beenews platform can customize the information they receive based on their preferred personal data, risk types and fields of care, in order to obtain only information relevant to their individual operations.
The platform's interface will work with a knowledge graph, based on massive data processing and a deep learning algorithm that will process data from a variety of sources, including blockchains, various trading platforms, team creditworthiness information, market evaluation and daily web search popularity.
From your system you can quantify the data to produce knowledge charts and CV-Ranks to directly indicate the state of fluctuation of digital currencies. This information from the CV-Rank is anchored in the blockchain and forms the Growth Track Index (GTI). This distributed storage prevents data loss, as even CV-Rank and GTI owners cannot edit the data, ensuring the reliability and integrity of the data sets.
In addition, the graphical interface will clearly describe the interaction between key opinion influencers and the more informal investors, improving communication of information and aiding decision making.
Investment And Initial Coin Offering Beenews (BKBT)
Beenews BKBT also launches its own currency, the BKBT Token. This coin is intended for platform participants to win the token in a variety of ways, from viewing content, contributing with information, being active members of the community within the platform and inviting friends and colleagues to join the project.
If users produce high-quality content, there could be a chance of winning even more tokens. The total distribution of BKBT's tokens will be 10 billion euros, of which 40% has already been published in the presale.
Beenews BTKB announced that it now has a company valuation of around $200 million, after an increase of $20 million in funding. This may be the largest funding in the history of the blockchain media industry. The investment came from JRR Crypto.
The company expects to complete its content creative platform and launch Beenews 2.0 next month, with functional models optimized for this autumn. In addition, other investors are already betting on this great undertaking, such as BKFUND, Waterdrip Capital and BetterFriend Fund. The platform is now available for Android and iOS.