The cryptocurrency market volatility has resulted in a market ridden with fakes an biased news. Fear, Uncertainty and Doubt (FUD) is the strategy of many people and is spread across the crypto-sphere Dailey in order to influence or manipulate the market. The market has become an occasional dump and pump by the big whales. The stock market is not exempted from such practices. The search for accurate, informative and unbiased financial content is becoming a near impossible mission. Another problem with the current system is that users have to rely on the information available from different online resource in order to make trading decisions. Getting information from different sources can be time consuming and tiring and there is no guarantee that the the information will be accurate or free from bias, this has lead to a discordant and a disjointed financial system.
BitScreener Solution
BitScreener is integrating blockchain technology into its existing products in order to tackle all these problems and more. BitScreener is currently very popular among crypto enthusiasts, with their online platform, iOS app and Android app, catering for the financial needs of millions of users in a space of 1 year. BitScreener aims to offer both crypto and stock traders a one stop platform for informative, accurate and unbiased financial data and content ecosystem all available in a single platform. BitScreener will be able to aggregate over 2,000 cryptocurrencies and over 100,000 stocks into a single tracking and analysis platform.
Features of BitScreener
BitScreener prides itself of offering advanced features when compared to other financial data and content ecosystem providers. The outstanding feature of the BitScreener platform is integrating blockchain technology into its financial solutions to offer a transparent, secure and rewarding ecosystem. Traders of both crypto and stock will no longer have to use different platforms for their trading needs since BitScreener will integrate the 2 into a single platform. BitScreener also offer high quality, multi-sided and unbiased crowdsourced financial data to traders. BitScreener voting mechanism will enable users to scrutinize every information in the ecosystem and are rewarded with BitScreener points (BSP) for performing different activities unlike other platforms that has no rewarding mechanism.
BITX Token
BITX is a utility token based on the Ethereum blockchain, it will be the currency ticker of the BitScreener ecosystem.
The BITX token metrics is as follows
Ticker: BITX
Type: ERC standard token
Volume: 450,000,000 BITX
Available for sale: 139,500,000 BITX
Token Price: 1 ETH = 7154 BITX
Future Operations: 30%
Future miners: 20%
Team: 15%
Advisors and Marketing: 4%
Minimum Contribution: 0.2 ETH
Soft Cap: 1,000 ETH
Hard Cap: 15,000 ETH
The crowdsale is ongoing and will end on the on the 4th of June, 2018
BITX Mining
A total supply of BITX will be available out of which 20% will be reserved for future miners. BitScreener is leveraging on the blockchain proof of knowledge protocol to mine the reserved BITX. Miners of BITX will earn BITX each time they share their knowledge by creating accurate, genuine and educative information through BitScreener. Through creating, editing and voting of articles, miners will earn BitScreener points (BSP) after their contributions has been mathematically computed through the evaluation of other peer on the ecosystem. The BSP will be translated to its appropriate value in BITX. The mining period will span over a period of 15 years by which it is expected that all the reserved BITX would have been mined and released to contributors.
Uses of BITX
BITX will be used in the BitScreener blockchain ecosystem to
- Purchase features which are only available for premium users.
- Reward users for performing different activities.
Currently some features on the iOS app and the website are only available to premium users. Features such as real time price movement notification require a premium subscription. Users will be pay for the premium services with BITX instead of using fiat money. Professional financial content writers will be able to sell their high quality research reports to interested traders for a certain amount of BITX. Using BITX to pay for services in the BitScreener ecosystem will eliminate the commission being paid to apple and Google for using their in app module and this will lead to reduction in the price of features.
Summary
BitScreener aims to revolutionise the financial data and content ecosystem through its blockchain based financial ecosystem by offering a transparent ecosystem, access to unbeatable financial information, incentives to users. This will be a great leap in progress.
Essential BitScreener ICO links
Website: http://www.bitscreener.com/
ANN Thread: https://bitcointalk.org/index.php?topic=3354336.0
Whitepaper: http://bit.ly/bitscreener_whitepaper
Telegram: https://t.me/bitscreener
Twitter: https://twitter.com/bitscreener
My Bitcointalk Profile https://bitcointalk.org/index.php?action=profile;u=2193404
My ETH Address 0x3bA868199318ad02e3367FA0E702b13B4a1520ba