Quote from: Rob Eliot on December 04, 2017, 08:04:16 AM

Can you explain what exactly the Boon Dollar is?

Here is the previous answer :

Quote from: BoonTech on December 01, 2017, 03:59:36 PM

Quote from: turkandjaydee on December 01, 2017, 01:34:22 PM

Quote from: Oliver John on December 01, 2017, 12:05:03 PM

I dont really understand the idea behind Boon Dollars, What is it exactly? Is it a new currency or another form of Boon coin ? Since you are already pegging ETH to USD, why there is a need of Boon Dollars ?

Maybe its like in-game currency?

Boon dollars allows us to hedge against the market volatility, without Boon Dollars we will be like any other platform who dont account for ether going down.

There are two main aspect a blockchain project is successful.

1. We have to account for market volatility of crypto currency.

2. We have to make sure legacy platform users have no friction or skepticism to migrate to blockchain project

We address the first point by introducing Boon Dollars. Boon dollars is pegged to USD and that will eliminate the fluctuation of crypto currency in our platform. So users are confident they dont lose money by doing business with Boon.

Adoptability wise, we allow freelancers to import their profile from the legacy platform where they have credibility and reviews. its like a competitor to Yelp allows yelp reviews to be imported into their platform. So freelancers and entreprenuers dont have to start from scratch in our platform.

We have zero service fee, where the competitors have 20% service fees.

These aspects of our platform is remarkable and this is not implemented in none of the blockchain projects I have looked at.

For more information please visit www.Boon.vc and register for our token sale. We have a 25% bonus now.