BGOGO -The Cryptocurrency Exchange OF the Community, BY the Community, FOR the Community
I would like to list down few points why I like BGOGO and how it is different from other Exchanges.
Bgogo aspires to the first exchange which gives the community the right to list their currency.
There will be supernode holders who will be given the authority to list their favourite tokens. 21 super nodes will be selected each quarter based on the maximum token holders which will be known through snapshot taken each day.
So,supernodes have the authority to list their favorite tokens.
These super nodes will be mostly big institutional investors who back the project in their initial stages.
When any supernode invest in ICO Stage it means that project dont have to stress themselves of allocating millions of listing fees which is charged by todays centralised exchange.
Even though there are decentralised exchanges who does not charge for listing ,ICOS prefer to pay and get listed on centralised exchanges for providing liquidity to their tokens when listed.
Bgogo will completely eliminate this problem by providing great liquidity to the listed assets by its revolutionary feautures.
Can you imagine being paid with BGG tokens for trading in Bgogo exchange. This is going to be revolutinary.
when you do a particular trade ,you will incur a trading fees. When a small investor does a trade in other exchange that trading fees is used by the exchnage. End user or common man will not get any benefit through this .
But when the same trade is done through BGOGO the collected trading fees is rebated to the user in the form of BGG tokens. Bingo !
This is going to be the first time even a small trader will be rewarded back for his trading effort. This will give a very good return to the trader if he regualry makes trade through BGOGO Exchange.
This should be the single reason for me to come daily and trade in BGOGO. On top of the profits I make through trade i will be consistently accumulating BGG tokens which will anyway appreciate in price as BGG token will be purchased by the BGOGO Exchange itself and burnt making the token valuable day by day.
Here is the comparision of other exchanges Vs BGOGO - The Beast :-)
Top key features :
Unlike other trading platforms that hardly reward their traders for anything, Bgogo will reward their traders with three things:
-The first reward that is a complete game changer is the negative fee on every transaction. The traders will get BGG tokens for the equivalent of their transaction fee within 30 minutes.
-The Second Reward is that the BGG Supernodes will be granted Sole Listing Authority (voting rights for new token listing) and Share 20% of the trading fees.
Every 24 hours Bgogo will use all of the trading fees accumulated from a trader to repurchase BGG tokens.
Apart from this I strongly believe that the project to succeed in long term TEAM is really important.
In that way I am pretty impressed with the core team .
Bgogo founders include members from leading Internet companies, such as
Facebook, Twitter, IBM, Alibaba, etc.
And when you look at the list of first set supernode you could get an idea of top investors involved in the project.
This is the image of super nodes who will have listing power for the first quarter
More details on the token economics can be obtained from the official website [https://bgogo.com/bgg]
Hope you can understand how Bgogo is going to revolutionise the way trading is done and how a small trader is finally going to have some fun doing trading and making more exchange tokens in his bag.
If you want to see how exchange tokens have performed so far have a look at this pic
And you can get more info interacting with the active telegram team of BGOGO
Here is the link [https://t.me/Bgogo]
Website [https://bgogo.com/]
UID: 203278876
If you like the article please do consider to upvote and leave a comment to help me improve or what you would like to know about the project.
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