https://img.techplanet.today/1200x,jpeg/https://techplanet.today/storage/posts/2024/01/03/86/IrPSGVBMvUe2wX2qppi2Lpf30VKqfKrLnumqle3c.jpgOn January 3rd, BRC App (BRCT) made its debut on HotsCoin, serving as the mobile gateway for the BRC-20 ecosystem, committed to providing users with a seamless cryptocurrency experience. Currently, BRCT is available for trading on HotsCoin.
I. Introduction
BRC App (BRCT), functioning as the mobile gateway for the BRC-20 ecosystem, is dedicated to offering users a straightforward cryptocurrency experience. This report delves into the features, token economics, technical architecture, and token circulation of BRC App, aiming to provide investors with a comprehensive understanding and analysis.
II. Project Features
Comprehensive Ecosystem Coverage: BRC App enables retail users to easily participate in key areas of BRC-20, including Web3, gaming, trading, and business, through a simple application.
One-Stop Service: Users can effortlessly access tokens and products on the App Store and Play Store, obtaining information on all BRC tokens, market data, and token issuance.
Multi-Functional Support: BRC App not only supports the trading of BRC-20 tokens but also provides features such as identity infrastructure, a creative publishing platform, gaming, SocialFi, and NFTs.
Market Intelligence Tools: Users can utilize BRC App to track and understand market intelligence within the BTC ecosystem, enabling comprehensive digital asset management.
III. Token Economics
$BRCT Token: $BRCT serves as the native utility and governance token within the BRC App ecosystem.
Functions: The primary functions of $BRCT include treasury, governance, and loyalty.
Treasury: $BRCT holders control the ecosystem's treasury, collecting fees from various value propositions of the BRC App, including BTC obtained from application fees.
Governance: $BRCT holders can vote to decide whether to use the treasury for repurchasing and burning the native $BRCT tokens.
Loyalty: $BRCT token holders can receive discounts on various value propositions within the BRC App.
IV. Technical Overview
Platform Support: BRC App is accessible on both mobile and desktop platforms, including the App Store, Google Play Store, and desktop application (app.brcapp.com).
Asset Recording: Ecosystem assets, such as .btc domains, are recorded natively in Bitcoin through the BRC-20 standard.
Market Intelligence Tools: Market intelligence tools are provided using commonly used APIs.
V. Token Circulation
Sales: 15%
TGE unlocks 10%, with a 3-month lockup, and the remaining unlocks within 18 months.
Marketing: 10%
TGE 0%, with a 2-month lockup, and the remaining unlocks within 20 months.
Growth: 15%
TGE 0%, with a 2-month lockup, and the remaining unlocks within 20 months.
User Incentives: 25%
TGE unlocks 5%, with a 2-month lockup, and the remaining unlocks within 19 months.
Liquidity, MM, and Exchanges: 20%
TGE unlocks 34%, with the remaining unlocking within 2 months.
Advisors: 5%
TGE unlocks 0%, with an 11-month lockup, initially unlocking 10%, and the remaining unlocks within 18 months.
Team: 10%
TGE unlocks 0%, with an 11-month lockup, initially unlocking 10%, and the remaining unlocks within 18 months.
VI. Conclusion
BRC App, serving as a key entry point into the BRC-20 ecosystem, provides retail users with a convenient way to participate in the cryptocurrency market through its robust features and user-friendly interface. The reasonable design of token economics and widespread token use cases offer multiple benefits to $BRCT holders. Additionally, the project's lockup mechanisms and gradual unlocking design demonstrate a commitment to the sustainable development of the ecosystem. Overall, BRC App exhibits potential market attractiveness in promoting the widespread adoption and development of the BRC-20 ecosystem.
