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Cryptocurrency is a virtual or virtual currency designed to be the medium of exchange. It works by using cryptography to fasten and confirm trades and also to control the creation of fresh components of a specific cryptocurrency. Ostensibly, cryptocurrency is just a limited entry at the database which can't be changed except if certain requirements are met.
Basically, every cryptocurrency system is dependant on the total consensus of most participants regarding the legitimacy of all balances and trades. In the event the network nodes tend not to agree upon a single balance, the machine will likely be broken. This occurs. Cryptocurrency is so called since the manuscript method is ensured by strong cryptography. These facets help make third parties and blind beliefs as notions very redundant.
BITOZZ is developing a completely new ecosystem, built to facilitate a more crypto derivative market where dealers have usage of a range of trading and investment instruments, enabling an extremely hierarchical, tactical, low-risk and seamless trading experience.
Specializing in blockchain technology and contracts smart, Bitozz trade intends to create networks that could create not just money trading but the transaction which is more technical and far more diverse everywhere. If you prefer to learn more on the topic of BITOZZ, then below are a few helpful links where it's possible for you to find more information.
Solution from Bitozz
The Several Issues faced with crypto traders and different digital traders Are the Primary reasons for formulating BITOZZ, Also where BITOZZ Has Opted to Address All of, problems like:
- Different trading platforms create trading burdensome to traders by making restrictions on various things at which it's possible for you to exchange in their own programs however minus the aid of this BITOZZ platform so these restrictions won't succeed.
- Provisions created by all platforms consistently ensure it is difficult for end users to trade out in these platforms, but during using BITOZZ, all merchants are going to have access to the transaction from the stage, by enabling ETFs, hedge funds, and mutual funds for complex tools.
- The degree of fee furnished from the platform differs, immediately after carrying the consumer allowance as that financial loan, it is consistently over a lot and that'll be resolved with the BITOZZ system.
Token and ICO Details
Platform = ERC-20
Hard Cap = USD 6.34 million
Soft Cap = USD 4 million
Token Price = USD 0.03
Accepted currencies = BTC, ETH
Token Supply = 512 Million
Unsold Tokens = Burned post-ICO
Features Token
Buy-back Plan
Every quarter, we will utilize 10% of our profits to purchase Bitozz Tokens and burn them, until we get 59% of all of the Bitozz Tokens (302,045,455) back. All buyback transactions will probably be announced on the blockchain. We will finally burn up 302,045,455 Bitozz Tokens leaving 210 Million Bitozz Tokens in circulation.
Dividend
Every month, we'll distribute on pro-rata basis 10% of our profits (Payable in BTC) into Bitozz Token Holders keeping coin for more than given days as on the date of distribution. This dispersing of bonus is going to be continued until the 31st of December 2022.
Invitation Bonus
Referral income (Invitation reward ) gets to be payable to some particular person inviting brand new users within the platform for either trading or investing. A bonus of 10 percent of the total spent is to be awarded for most lead referrals (5% to be compensated at BTC in the true period and 5 percent to be paid in the form of Bitozz Tokens on 30th June 2019).
Roadmap
Thank You for Reading My Article About ICO Bitozz
Visit the link below for more information:
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Author Information</>
Name: Ridwan.P
Profile Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=795655