[08-13]Bitroom.io Will Launch BNB Soft Staking Service


Dear Bitroom.io Community:


We are pleased to announce that Bitroom.io will launch staking service.

To maximize the benefits for our users, Bitroom.io  has launched BNB Soft Staking Program.

 

What is soft staking?

Soft taking means that users can earn interests by holding unlocked tokens. Users can trade freely on the Bitroom.io platform, deposit and withdraw anytime . Soft staking interest is settled daily, that is, the interest is paid by Bitroom.io directly to the user's personal assets balance.

 

How to participate?

Users deposit BNB into their personal Bitroom.io account can be share the staking interest. Soft taking means that the users can earn interest on deposits by holding tokens in an“unlocked position”way with daily settlement of interest, and the users can trade freely on the Bitroom.io platform, deposit and withdraw anytime.

 

The rules of soft staking:

Time: 12:00 16th Aug. -- 12:00 16th Sep.（Hong Kong Time）

Staking rewards are calculated in APR 12%

User’s daily BNB rewards = user’s BNB balance *APR/365

Total staking pool: 1,000 BNB.  First come, first service

Bitroom.io will randomly take a snapshot of BNB asset balances daily. Those who meet the conditions ( position ≥ 20 BNB per day) can divide the Staking reward; For individuals with more than 1000 BNB positions, the position quota is calculated by 1000BNB.
Staking distribute: staking reward every single day on 1pm. (Hong Kong Time)
 
For more info please check at bitroom.io

 

 

Thanks for your support

Bitroom.io Team

08/13/2019

 

Bitroom.io twitter: https://twitter.com/room_bit

Official telegram: https://t.me/bitroom_english

1. What is Bitroom.io

Bitroom is the world's first membership-based cryptocurrency exchange.

Bitroom.io guarantees to participants in the Launchpad at least 200% return.

Adhering to the original intention of promoting the consensus between the project and investors, mutual benefit and mutual win situation, the first "membership" model, to provide users with safe and convenient digital asset exchange services. By selecting and introducing quality blockchain projects around the world, we are committed to providing our members with a richer market investment option, better experience and more opportunities for high returns.

2. Bitroom Features

Member Priority

Bitroom will select and introduce high-quality blockchain projects around the world, and is committed to providing members with better market investment options, better experience and more opportunities for high returns. On the Bitroom platform, every member has an equal opportunity to participate in the investment of early quality projects. Bitroom will protect the member's investment income and returns most of the platform's revenue to the members.

Open and Transparent

To win the trust of the community, Bitroom is committed to creating an open and transparent virtual currency trading platform. This includes:

• transparency of platform coin issuance;
• transparency of platform coins, both in circulation and in holdings;
• transparency of platform trading and mining;
• transparent mining of platform Proof of Stake (PoS) and Delegated Proof of Stake (DPoS) nodes.

3. Member Benefits

Upon joining Bitroom，you will be entitled to the following membership benefits:

• Early investment opportunities for quality projects
• Early high-quality project investment fixed income guarantees
• Platform transaction cost allocation
• PoS and DPoS node mining returns

4. Conditions of Membership

Users become members, with all relevant membership benefits, once they hold a certain minimum amount of platform currency.





ITO Platform Currency Distribution Method

ITO (Initial Trust Offering) includes three important aspects: fundraising, Token distribution, and fund return. The ITO model is open and transparent and 80% of the funds raised will be returned to the user and can be verified. This model allows the project side and the user to reach a consensus, which is a good solution to the problem of mutual trust.



1. ITO — Introduction

The core Bitcoin concept is based on the building of consensus between a project party and the decentralized investor community. The transaction status and the amount of money held are necessarily open and transparent. Bitcoin earnings are owned simultaneously by long-term holders and the community. Thus, the success or failure of a project depends on their ability to reach consensus. Failure to do so can result from a wrong choice of ICO versus IEO tokens. Or it might be a lack of transparency by the project side in its use of funds raised. This can lead to loss of community trust and ultimately confrontation.

The Bitroom team believes in Bitcoin. In order to reach a consensus between a project and the community, Bitroom has innovatively createdå the Model of Initial Trust Offering (ITO).

Under the ITO model, the project party publicly and transparently raises funds from the community on the blockchain. The project party then announces a fundraising address and a Token distribution address, with all funds raised sent to that address.

Token distributions are all transferred through the same distribution address, Fundraising is carried out on the blockchain, Each transaction and the number of positions at each address can be publicly queried. After fundraising is completed, the project party will return 80% of the money to the community as income. This operation is likewise visible on the blockchain. Each return is visible on the blockchain, as is each return operation. The remaining 20% ​​of the funds raised will be used to support the project to move forward.

It can be seen that each step of the ITO model is open and transparent and that each move by the project party and the community, both, is well documented in the blockchain, thus enhancing mutual trust. After the platform closes, the project side will return 80% of funds raised to the community, with the remaining 20% to be used by the project side for promoting project development. ITO is a great innovation, with real capacity to bring about consensus between the project side and the community.

Bitroom's platform currency will be distributed in the form of ITO.




2. ITO Characteristics

• Open and Transparent
  Initial Trust Offering (ITO) mainly includes three important aspects: fundraising, token distribution, and funds returned. Each part is carried out on the blockchain. There, each behavior of the project party and the community is well documented, making the transaction process auditable, traceable, and non-tamperable. In other words, truly open and transparent.
  
• 80% of funds raised returned to user community
  ITO's funding derives from the investor community. In order to consolidate the trust system with the community, 80% of the funds raised will be returned to the community and 20% will be used to cover the project side’s development and operation costs. In this way, the project side and the community are no longer in opposition. Instead, a real consensus has been reached.
  
• Verifiability
  Bitcoin innovatively proposed the Proof of Work (PoW) mechanism to verify the activities of Bitcoin miners, thus providing Bitcoin a reward. In the ITO process, data such as transaction information in the blockchain are public and transparent, and the blockchain browser is the address for querying blockchain transaction records. Community members can use it to view their own transaction information as well as other stored blockchain information information.

3. ITO distribution ITO distribution

• A total of 100,000,000 BMT is used for distribution during the ITO phase.
• 74,565,864 BMT is allocated as ITO.
• 3,000,000 BMT is assigned to Launchpad.
• 22,434,136 BMT is allocated to marketing, partners, airdrops, etc.

ITO rules：Click here






ITO issuance                    100,000,000          10%
Global partner                  50,000,000            5%
Equity investor                 50,000,000            5%
Foundation                       150,000,000           15%
Team                                 150,000,000         15%
Mining                               500,000,000          50%
 






1. Andrew Miller​ ​— CEO

Andrew holds an MBA from Stanford University, California, USA. He previously worked as ja senior executive at Morgan Stanley Investment Bank.
Andrew is Bitroom's master planner of strategic planning and business direction. He is an early participant and investor in the blockchain industry, with over 10 years of management experience. He has a cumulative investment in more than 50 blockchain projects.


2. Walter Brown​ ​— CTO

Walter is a former Google Senior Architect. He graduated from MIT with a degree in Computer Science, and holds a Master's degree in Computer Science from the University of California, San Diego. He is a senior engineer who specializes in big data processing, software development, and virtual trading technology. He has participated in the development of multiple large blockchain underlying systems. He has 11 years of R&D management experience and has performed in-depth research on blockchain security.


3. Robert Garcia​ ​— Architect

Robert is a former Google Cloud Product Group Senior Architect, responsible for architecture security analysis and high-end business customer consulting. He holds a Ph.D. in Network Security from MIT. He has served as the head of network security and architecture projects for several US IT companies.


4. Alex Martinez -- Director of Operations

American currency technology operations expert, and a well-known industry analyst and researcher. Senior Salesforce.com Certified Consultant, Business Data Analysis Specialist. He has served as Director of Operations for several Fortune 500 companies and been involved in the development and marketing of numerous cryptocurrencies since 2015.
Zoe Park — South Korea representative
Zoe graduated from Seoul National University in South Korea, majoring in journalism and self-employed in the Korean blockchain industry. In 2016, she began work in the blockchain industry, focusing on the Korean market and media services, helping to successfully raise funds for 12 overseas blockchain projects.
  

5. Gloria Wong — Head of China Market

Gloria graduated from Columbia University, USA, with a Master degree in Finance. In 2017, she entered the blockchain market and already has compiled rich experiences in blockchain investment, market and strategy, helped to incubate 9 blockchain projects, successfully raised funds, and landed on the exchange.








Bitroom.io Exchange 100,000 $ valued BMT tokens giveaway!

Finish the Task below:
Telegram
Twitter
Facebook
Reddit
Bitcointalk








Bitroom Launchpad will start at 2019/07/15 20:00(UTC+8), get your own BMT at early stage.

Platform token is proved to be a property with the most worthwhile investment.

BMT investment and return：


       •Profits after four days   2.5x
      •Short-term profits      10x
      •Medium-term profits    50x
      •Long-term profits      100X


Having missed the BNB of Binance, do you want to miss the BMT of Bitroom?