Bitcom (BS Token): User-Earning Cryptocurrency Trading Exchange?
What Is Bitcom?
Blockchain technology and tokenomics created a new ecosystem, Bitcom. This technology will form an important part of Bitcoin. The system will be powered by the BS tokens. It will have numerous features that are offered by fiat currency. The features include savings, checking, and brokerage instruments.
How Bitcom Will User-Earning Crypto Trading Exchange Work?
Bitcom will be an exchange with a token that is interoperable with other digital coins and commonly traded financial assets. For the BS token to succeed as a store of value and an efficient medium of exchange is mass adoption. The BS token will try to achieve this by offering mass appeal. This appeal will outweigh any social regulatory, technological, and political risks. The goal of the developers is to adopt innovations from the blockchain world and come up with their own.
Understanding The BS Token
The BS tokens are designed to be a polymorphic digital asset. As a result, it can change and become different types of assets. The tokens have all the elements of digital coins and additional properties. These additional properties include rights of community governance.
The number of issued tokens is 5 billion tokens. It will never increase beyond this point. In the world of IT, the Bit is the smallest unit of data. The ‘com’ is a reference to online commerce, communication, and community. Thus ‘Bitcom’ is a reference to the collection of global diversity in data, the creation of internet communication, and efficient digital trade.
The BS Token Value
The value of the BS token comes from the same source as Bitcoin and additional sources. The sources of value for the tokens are:
- The demand for a trustless asset class which is fungible, digital, anonymous, and divisible
- The demand for a secure store of value
- The demand for ROI that is equal to the risk
- The need for an open and free exchange and marketplace
- It is the only token in the BS ecosystem
The holders of the BS tokens will get the rewards that come from the income of the Bitcom trading platform and other revenue streams. All the profit will be sent to the token holders.
BS Token Holders
The tokens can only be acquired via a trading mining model and purchased from the market. The Trading mining is limited to 100% of the handling that is generated by the transaction in the market. They can also be acquired via initial distribution.
Distribution Of The Tokens
- Project development – 20%
- Private sale – 5%
- Strategic partner – 5%
- Founding team – 20%
- Community rewards – 50%
Bitcom App Management
The app 1.0 version will offer details about the community, details of the assets, income distribution details, and transaction functions. To protect the rights and interests of the tokens holders, the 2.0 version will be launched with community committees, messaging, voting, and other community functions. BS token holders will be able to vote on all future projects in the BS ecosystem. The future looks bright for this project.