OVERVIEW
What is blockonomics and we have to actually understand the basic explanation and simple theory that how it works as blockonomics is a payment system which is actually needed in the industry and it actually accepts bit coin which is online. So where this bit coin currency does goes and to keep it simple and easy blockonomics created a wallet app which will keep a track of your currency and other messages. Through this the buyers can accept the payment and send payment easily without any hardship and also anyone can send bit coin with an email which is actually a terrific advancement.
Advantages of Blockonomics
As we all know what is e-commerce, it’s a online based payment system and with e-commerce people earn millions of dollars online and other online shopping and it has grown rapidly, so Blockonomics has helped E-commerce and its like while paying online, the buyer can’t pay liquid cash or directly send money to sellers Bank account because its not safe and can be victim of fraud. So paypal has helped people but even though people are paying hidden charges and fees which they are unaware of so Blockonomics has made it easy for the people where they can send money or bit coin directly to the merchant’s wallet and it’s complete safe and simple.
Blockonomics Token
image source : https://ico.blockonomics.co/
The real advantage of blockonomics is that it eliminate the middle men which also charge fees and blockonomics guarantees that. And blockonomics tokens are the used during the transaction and bitcoin can also use these tokens and during transaction and the buyers and sellers will be able to get discounts and then earn rewards and gifts.
These total supply of the tokens are 1,000,000,000 BCK and the sale started on 1july 2018 and ended on 31st july 2018. So 5% tokens are distributed for private sale, 15% is distributed for founders, 5% distributed to the teams and supporters respectively, 15% distributed to community, 10% has been distiributed to the main sale and 45% where kept for pre sale.
Operations
So the operations carried out by blockonomics and the first operation on September 2018 was combining with E-commerce to increase the online sale and then on December 2018 they improved their blockchain and then on march 2018 they started accepting altcoins payments along with bitcoin. On june 2019 they have combined to receive lighning network payments. And on November 2019 they started accepting zero conformation payments and lastly on april 2020 they send API with wallet.
Amazing Team
image source: https://ico.blockonomics.co/
Summary
Overall summary is that blockonomics made it easier and has made advancement in E-commerce which is safer to do transactions and easier to track with blockonomics wallet and also can track because of notifications. So using the tokens the customer will receive rewards during transactions, So the team members who helped in the creation of blockonomics are shiva S, he is the founder and CEO of blockonomics, Srinivas S who is an engineering consultant, Chetan B as he is in sales and marketing department and Reggie T who is head of marketing, Juha S who is a lead engineer and last but not least Igor M who is UI designer of blockonomics.
Important Links:
• Website: https://ico.blockonomics.co/
• Whitepaper: https://ico.blockonomics.co/docs/Blockonomics_Whitepaper.pdf
• Bitcointalk Ann Thread : https://bitcointalk.org/index.php?topic=4421484
• Telegram: https://t.me/BlockonomicsICO
• Facebook: https://www.facebook.com/Blockonomics-1619324884975855/
• Twitter: https://twitter.com/blockonomics_co
My info :
BTT Username: Rayed
BTT URL: https://bitcointalk.org/index.php?action=profile;u=1944534
My ETH Wallet: 0x41Ff03242821147337b04c2a62067Cb4fC9945E7