BoomCrypto Market

 

COMMUNITY TRUST & TRANSPARENCY

INTRODUCTION

With the current boom in the blockchain and cryptocurrency space, it is noticeable that institutional investors have started flooding into the crypto market and the space is supposed to see some real exponential growth; but there is a problem. Being new to the space, this can land these new investors in trouble if they don’t find a safe haven for their funds.

Boom Crypto Market is a fast rising Defi project, with a professional marketplace and cryptocurrency asset listing and IDO platform powered by a native token BCM. The project is aimed at bringing absolute transparency, trust and decentralization to the blockchain and cryptocurrency space, a professional platform that bears trust through a smart contract that allows both services providers and buyers to execute contracts without trust issues.

The team came up with the idea of bringing transparency to the cryptocurrency space, to encourage more people to come into the blockchain industry knowing that they can transact in the space not having to worry about who to trust. The idea is highly driven by the need to rid the cryptoverse of scams, rug pulls, frauds and bad actors generally.

Any realistic cryptocurrency CEO, user, investor, trader, or ardent observer who has been in the system for a while can attest to the fact that the cryptocurrency space needs some sanity in terms of transparency. Most of the information out there is just a mirage, and most investors are not techsavvy while most do not know how to verify information on the blockchain. But with the launch of the cryptocurrency markets projects, a holistic approach to transparency in the blockchain industry will be at the tip of the fingers of the community. The team is poised to deliver a world class product that will serve the blockchain and cryptocurrency space, with a niche to beat already existing professional platforms that do not have smart contracts that escrows contracts between service providers and buyers.

Boom Crypto Market will be a gathering platform for Professionals from all walks of life that would gladly depend on the trust provided on the platform to conduct safe procurements with no need to worry about the character of the other party.

THE PROJECT IDEOLOGY

Boom Crypto Market is a decentralized platform that is aimed at bringing transparency to the cryptocurrency and blockchain industry, also providing users, traders, investors, and institutions with adequate information for a better-informed decision.

Boom Crypto Market is aimed at reducing the hassles of roaming on several platforms before retrieving specific information; the platform will concentrate on centralizing information on a decentralized platform which will in turn save both time and money.

The idea is to maximally eliminate scams from the blockchain and cryptocurrency industry and bestow trust from the unbanked population of the world, the freelance sector, and the remote service providers and buyers. Boom Crypto Market will provide the following Defi services;

A Decentralized Staking Platform.

Boom Crypto Market will provide staking functionalities, which will enable users who stake BCM token on the platform to earn several cryptocurrency assets including MOR, and other cryptocurrencies will be included over time.

Earnings on other cryptocurrencies will be proportional to BCM token holdings calculated on the platform based on internal formula which will be disclosed to the community once the launched quarter approaches, as a subsidiary of MorCrypto Exchange, BCM token will be immediately listed on MorCrypto Exchange after the presale and Uniswap listing.

A Decentralized Marketplace.

Boom Crypto Market platform will provide a decentralized service providing platform for buyers and sellers of goods to interact without any interference from a third party. In the last couple of years, the global village has expanded and service providers have found the need to work online and remotely more than before and the pandemic which has introduced a new era has made remote services very essential.

The obstacle has always been the issue of trust between the parties involved and this has limited the corporate world to a great extent, especially the blockchain industry. For example, a project wants to list an asset on a P2P trading exchange but can hardly reach out to the right authorities in charge of offering this service, or a project is in need of promotional services and reaches out to a company to deliver the services and they eventually fall into the hands of fraudsters, make payments to these fraudsters and lose their funds in the process.

The Boom Crypto Market platform will ensure that no service is being paid for without proof from both parties involved provided on the platform to show completion of contract. The platform will automatically provide a contract receipt as proof of an ongoing or pending transaction; this can be used as voucher by either the service provider or customer as evidence of transaction.

One of the benefits of this marketplace will be helping start-ups to quickly locate and interact with industry leaders and experts while service buyers get the best professionals working for them, placing the responsibility of identity verification on the Boom Crypto Market platform and a smooth contract settlement on our smart contract.

UTILITY PLATFORM & TOKEN

As a platform that provides a marketplace to help service providers provide services to customers with trust while helping service buyers to acquire service providers, the BCM token which is the basic token that powers the Boom Crypto Market platform will be used for payment of fees for all transactions. done on the platform.

Buyers and sellers of services can decide to pay or receive payments in BUSD, BNB, MOR, or BCM. Transaction fees will be paid in BCM, BNB, BUSD or MOR depending on the user’s choice. This fee will be used as a reward on the betting platform and for liquidity providers.

BCM tokens can also be used to pay for services offered on the market; for example professional advertisements, project advertisements, promotions and other value added services offered on the platform.

Other cryptocurrencies such as BUSD, BNB, MOR and currently being integrated including fiats will be available for storage and exchange with BCM on the platform to be used for transactions and processing fees.

We believe there are many corporate bodies that lose funds every year due to fraud and unprofessional service providers, the Boom Crypto Market platform will drastically eliminate these losses while ensuring customers are satisfied with the services provided to them. The Crypto Market boom presents a new level of combining trust and satisfaction all in one platform, and no sector is excluded.

THE JURY (Governance): As a platform that will cater to different types of personalities around the world, we believe there will be times where we may see some disagreement and may need resolution on both sides. Our platform will have a mechanism known as “Jury” which is similar to a court, in case of a dispute the smart contract will transfer the authority of releasing funds to the “Jury” which is categorized based on the amount of liquidity provided on the platform.

BOOM CRYPTO MARKET TOKENOMICS

Total Supply – 100,000

BCM SoftCap – 300

BNB HardCap – 3,000BNB

Staking 35%

Presale 25%

Development 10%

Marketing 10%

Team 5%

Liquidity & Exchanges 15%

Boom Crypto Market is a 100% Defi project with 65% of total supply of 100,000BCM tokens up for presale; the project team has decided that there will be a burn of unsold tokens immediately after the presale while the team tokens remains locked for six months.

The team plans to have BCM token on top tier exchanges as soon as the presales are over. New exchange listings apart from PancakeSwap and MorCrypto Exchange, other listings will be announced to the community as negotiation brokering is perfected.

ROADMAP

Author: Sergi Darder

BTT link: https://bitcointalk.org/index.php?action=profile;u=2853228

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