Bitmart

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Bitmart (BMX) ICO Review

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Bitmart is a decentralized social networking platform that is putting users privacy and satisfaction as its first priority. It is an innovative approach towards transparent and independent means of user data ownership, reward on ads and free of speech. It is the first get paid to content creation and sharing ecosystem that leveraged OCR token payments for its reward system.

Essential Information

Ico TimeUnknown – Unknown
Token NameBitmart
Token SymbolBMX
WhitepaperView Whitepaper
Website LinkHome
Price1 BMX = 0.01 USD
PlatformEthereum
Soft Cap10,000 ETH
Hard Cap30,000 ETH

More about Bitmart (BMX) ICO:

As a global integrated trading platform, BitMart provides diversified system functions such as spot trading, margin trading, contract trading, over-the-counter trading, whole-network trading, and decentralized trading. Moreover, it satisfies the needs of numerous investors. BitMart’s trading system has a robust security mechanism and reliable underlying architecture, which provides investors with a dependable trading experience. Besides, the unique online trading model of the BitMart platform would efficiently match the market depth of major exchanges around the world while providing higher liquidity. Relying on the whole network trading system, we believe the BitMart platform will become the largest liquidity provider of digital assets in the world in the future.

BitMart is built on the Google Cloud Platform. 

It adopts cutting-edge Internet technologies, optimizes for the performance of the exchange, provides high performance core matching engines, and supports Scale Out.

It makes full use of distributed computation, such as Google Spanner, BigTable, etc, supports large concurrent operations, and ensures the security of user data. 

It has a flexible and dynamic application container framework. Kubernetes scheduling technology is employed to adjust the service capacity automatically according to the load. Moreover, no matter how large the user volume is, users can get an identical experience. 

The blockchain nodes apply cold/hot wallet technology, and hot wallet protects the security of users’ assets by adopting NetGap technology. 

According to the features of blockchain, the platform optimizes the operating modes of secret keys and addresses, holding the principle that security comes before efficiency. 

The functions of the website continue to improve, and data is collected and sent as feedback information in A/B mode, with a zero-downtime upgrade.

Team

Our professional team members come from Amazon, Accenture, Tencent, Alibaba, and other top-tier tech firms. We unite together and built a more cost-efficient and user-friendly financial platform to involve every individual all over the world. The team has grown by leaps spanning the global mission to accelerate the world to a highly efficient global financial system.

Priorities

Trustworthy

Trust, as of the fundamental of the financial system, and the core to the decentralized token economy. We fully understand all the challenges that the cryptocurrency ecosystem is facing to, hence we are committed into compliance, reliability, security, customer care, and deliver the seamless user experience to build the trust.

Accessible

As a global exchange platform, we hope the halo of digital assets can benefit every investor. It is our vision to provide an environment with smooth accessibility and suitable entry barrier for every potential investor, making the digital assets significant.

Professional

No matter for entry-level traders or professional investors, BitMart provides several finely tailored services, including listing numerous top-grade digital assets for our clients to invest and success, providing an industrial developer platform for advanced traders, and customizing the best-fit assets management solution for institutions of all sizes.

What is Mission X2

1.Any project that has passed the preliminary examination can enter thelighting area. If the project’s support amount reaches 1 million BMX within30 days, the project will be lit and the BMX trading area will be launchedwithin 48 hours. Participants’ BMX will be locked for 90 days. After 90 days,participants can choose to continue to lock BMX support projects orwithdraw support. After the withdrawal, the BMX locked will beautomatically returned to the participant’s account and no longer receivedividend income. If the project support amount does not reach 1 millionBMX within 30 days, the project will be removed from the lighting area,and the locked BMX will be returned to the supporter account within 3working days.

2. Once investment reaches 1 million BMX, projects may enter BMX market,offering their token as a trading pair of BMX. All transaction fees from the BMXmarket will be rewarded to supporters on a daily basis. To ensuretransparency, BitMart will disclose all earnings, along with the anonymizedemail addresses of the supporters.

3. Dividend Rule: All transaction fees in BMX market on Day T (UTC) will berewarded to supporters according to their BMX lookup percentage at 8:00 pm(EDT) on Day T+1. The rewarded tokens are BMX and supported tokens

⋅ Additionally, BitMart will open the locking opportunity to users (up to 5million BMX) in the first 3 days of each month after being listed on the BMXmarket.

⋅ If the user recall the locked BMX, the user will no longer be eligible fortrading fee dividends.

Additional rewards

Additionally, BitMart will open the locking opportunity to users (up to 5million BMX) in the first 3 days of each month after being listed on the BMXmarket.

User reward quantity = total reward quantity* (number of user lock tokens/total lock tokens)

4. If a project locking BMX falls below 1 million BMX it will be delisted from theBMX market. Warnings will be noticed 15 days in advance. Any delistedproject can return to the Investment Lab if locking BMX reaches 1 millionagain.

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