Introduction
Cryptocurrency and blockchain technology is becoming a soaring trend for investors. However many platforms that enable one to buy cryptocurrency and also make payment transactions – charge users with enormous fees, and most transactions also take a lot of time, which is troubling to most investors. Moreover, a reasonable percentage of individuals still have not come to understand the blockchain technology.
Bilibit a tokenized payment and ecosystem is embedded with solutions to the above mentioned challenges, together with other matchless features, which are enumerated below:-
• Fast and Inexpensive Transactions: this provides users with transaction processes that are cheaper and faster, since the cost of transferring BLB token via the internet is less expensive and quicker than through conventional banking systems. It also grants borderless transfers because these are made without having to worry about expensive bank charge or exchange rates related to the transfer of fiat money. And this leverages an increase in business opportunities and expansion of international trade and it also brings about a long term price level, and overall market stability.
• Seamless Transactions: the platform is developed in compliance to the ERC20, which in turn ensures that tokens have an uninterrupted interaction with various wallets, exchanges and smart contracts. In addition the ERC20 standard aids investors to know how future tokens are expected to behave.
• Simplicity of transactions: the platform omits complexities on payment transactions and transcends it to its simplest form. And this helps in the enlightenment of the general public, who are still in the dark regarding blockchain technology.
• Transaction Tracker: the platform serves as a tracker which enables people to check funds, and where money is allocated to. This feature would be most useful for not only common people but public personalities and government asset to track down funds, taxes etc.
• A transparency tool: the platform will be a transparency tool for the transactions, in order to help in eliminating irregularities on using funds for private and government use. This feature destabilizes terror funding and money laundering.
• Secured transactions: each and every token is accounted for, also transactions are also recorded in an open ledger. And this creates fidelity in the mind of token holders with respect to the platform, since any code issued in the blockchain is irreversible.
• Trading Center: when smart tokens are bought from this platform the individual is giving ETH to the smart contract and instructing the equation to literally come up with new tokens for the individual out of thin air. Similarly, when smart tokens are also sold on the platform the individual is instructing the smart contract to destroy the required amount of token and deduct the value of ETH from his/her balance and transfer it to the wallet.
Strategies to ensure increase in the value of BILIBIT
• Supply and Demand: since there is always an increase in the price of a product whenever there is more demand and less supply, prices of tokens in this platform are going to be pretty high, since according to the ERC20 rule, number of token to be issued is irreversible once encoded.
• Trust: since tokens will only have value when people have trust in it, the platform ensures credibility on the part of its developers, and the services provided by the Decentralized Application (DAPPS).
Bilibit ICO details:-
Token name = Bilibit
Token symbol = BLB
Rate = 1BLB = 0.1USD
Soft Cap = 624ETH = 50BTC
Hard Cap= 3745ETH = 302BTC
Total supply = 50,000,000 tokens
Timeline
• Q12017 = idea was born
• Q2 2017 = Proposal in Bitcointalk, facebook page
• Q4 2017 = Planning Phase
• Q5 2017 = Community and Team formed, Telegram, Twitter and reddit open
• Q12018 = Website live, Bilibit coin immulate smart –
contract created, airdrop and bounty program,
upcoming pre-sale announced, medium and
discord, Bilibit github repository, roadmap, listed
in forkdelta, whitepaper, pre-sale
• Q2 2018 = Airdrop distribution, Multilingual whitepaper and
ANN, more exchange listing soon, more bounty
programmes, ICO
• Q3 2018 = Coinpayment listing, merchant registering their
business in Bilibit to accept BLB token as payment,
coinmarketcap listing
• Q12019 = inbuild BLB Wallet and mobile app, Bilibit
marketplace project, Bilibit crowding platform,
partnerships
In summary
Bilibit is a hassle free environment for payments with secured transactions. Liberates investors from high transaction fees and a lot of restrictions on payment options which are evident on time consumption. Moreover, it offers an exciting propositions towards investors, community and individuals; smooth transaction, fast and reliable. The platform also brings about a cashless society, full transparency, helping everyone globally, and virtual evolution. It also serves the purpose of giving a profound understanding to the world at large regarding blockchain and digital civilization. Furthermore, this platform aids unemployed individuals to have a confident method on blockchain technology and help them earn as much by using this new technology as a leverage to gain more skills and expertise. Bilibit is not just a hassle free environment for transactions, it is a platform that is promising both reliability and prosperity.
Visit the following link addresses for more info.
Website
Whitepaper
Facebook
Twitter
Telegram
Bitcoin profile link: https://bitcointalk.org/index.php?action=profile;u=1229790
ETH: 0xd66AEB32AF87071Ee3904E2Ff12e2D71015E3760
