Information about the bobt and its advantages
Bobt is a promising platform token created by a team of developers who worked for such famous companies as Microsoft,Alibaba and Huobi.BOBT, the only token representing the rights and interests of Boboo.complatform,is an important carrier for Boboo.com to deepen community autonomy. BOBT holders are able to enjoy 100% of the crypto-to-crypto trading net income distribution and participate in community voting,community committee elections, etc. Interest and Governance Mechanism BOBT will officially enter the inflation process featuring buy-back, burn and free circulation when the total supplies are mined or the generation term expires. In this process, 100% of net income of commission fees earned from crypto-to-crypto trading among users will be used to buy BOBT back. In the meantime, BOBT-related trading pairs will be listed on Boboo.com. Users are free to decide whether these coins are to be bought back and burned or used to exchange other cryptos. We expect to figure out an equilibrium that can guarantee the long-hold motivation and free circulation of BOBT. We have created a unique BOBT buy-back and burn mechanism triggered by a stable growth of the BOBT price. Introduction to Buy-back and Burn Mechanism Buy-back cycle:weekly basis Buy-back capital:weekly net income from crypto-to-crypto trading fees Application for participating in buy-back:Each BOBT holder can specify intheir application how much BOBT they want to be bought back and burned. BOBT holders can propose the BOBT token amount for burning at the ‘BODT Buy-back and burn’ page!
Information about token
Platform token, also known as exchange issued virtual asset, combinesvarious values and functions of trading, stock, and voting, and shares mutual interests with exchanges. Such platform token equips with series of features including promising applications, a clear profit model, website traffic-base for exchanges and buy-back and burn mechanisms. The foreseeable deflation of the platform token will root the growth in the prices.
Despite hopeful visions for platform tokens, pain points have been gathered due to fierce competition and lack of community concept. Opaque Operation Most exchanges’ platform tokens are subject to shady and opaque operations. As the token issuer, exchange is the largest token holder and can easily manipulate the market through information. Users Bleed, Not Benefit Users are deprived of the bonus deriving from expanding businesses of exchanges as they still have to pay for platform tokens after they make great contributions to exchanges with their commission fees which constitute essential part of the platforms’ total incomes!
What was Bobt created for?
BOBT is an ERC-20 token created to combat the main negative aspects of the crypto world having more than 20 million tokens in the pool to be distributed to people in more than 80+ countries!
Why trust boboo.com?
Because Boboo.com partners with Chinese blockchain mediaBishijie and blockchain media CoinNess, which have been on the market for a long time!
How to get free BOBT?
Inviting friends and participating in giveaways.
Possible Usage Scenarios for BOBT
Holding BOBT will entitle you to a series of privileges like commission fees
discount, bidding for/airdrop of certain coins, asset inflation from burning
BOBT, voting for listing cryptos and alternative to margins for C2C trading.
The giveaway mechanisms are designed as follows:
BOBT to users for each 1U commission fee paid;
0.3 BOBT to users for each 1U commission fee paid by per invited friend;
The overall output of BOBT can be split into two phases:
1. Double giveaway during the warm-up period (between Mar 20 and
Mar 25, lasting 6 days);
Double BOBT giveaway for all traders and those inviting friends to trade
during this period.
2. Output Period (Between Mar 26 and July 3, lasting 100 days)
1.5x BOBT giveaway for all traders and those inviting friends to trade during
a 10-day period prior to its launching!
Thus boboo.com is a promising platform helping people Smiley