BOLENUM
The Bolenum platform
Bolenum is a cryptocurrency and financial services provider targeting the African continent for a start and then expanding globally. Our platform provides secured and simple means of sending, receiving and exchanging money of all forms. It shall currently provide services in Egypt, Nigeria, Ghana and South Africa.
The Boleno token
Boleno (BLN) is the native token which is the base asset of Bolenum. The project seeks to create an end to end remittance service powered by the Ethereum blockchain.
The Boleno BLN token shall be the fuel of the whole Bolenum Project, powering its ecosystem and transferring value across its network. The BLN token shall be utilized for secured payment remittances, withdrawal to any local African fiat currency, shopping on the Bolenum marketplace, payment for transaction fees on the Bolenum Exchange, payment for new listing of other digital assets and a host of other usage
Our solution
The Bolenum project will provide the first ethereum based token and exchange
system that is explicitly aimed at increasing African participation in cryptocurrency. The
main aspects of this project are the Boleno tokens, the innovative and secure exchange
system, and a flexible wallet system.
The Boleno Token
The Boleno token or BLN will serve as the currency of the Bolenum project.
These tokens act as a store of value and a secured payment instrument for
transactions. Using the Bolenum exchange, they will be exchangeable into local
African fiat currencies such as the Naira or foreign fiat currencies such as the US
dollar. The Boleno tokens will also be able to be traded on third party
cryptocurrency exchanges as well as the Bolenum exchange.
The Exchange System
The Boleno Exchange will combine the traditional exchange characteristics with
a marketplace twist where peer-to-peer trading as well as peer-to-central fiat
funding are available. Users will be able to withdraw Boleno into their fiat
currencies as well as buy Boleno directly with a wider range of African fiat
currencies than currently offered by any exchange. Traders are able to view
order books as well as historical performance data to be able to make informed
trade decisions. Boleno tokens will also be able to be traded on standard
exchanges as well. The tokens will be added to these large exchanges beginning
after the conclusion of the ICO.
The Wallet System
Bolenum will provide a Bolenum wallet that is fully compatible with the Bolenum
exchange and that allows for easy withdrawal and purchase of tokens. Holders of
Boleno tokens can also use any wallet that supports Ethereum ERC20 contracts
which allows for flexibility for token holders to use whichever service they prefer
most.
The Boleno Video bounty
We want to thank every community member who participated in the video bounty. After careful consideration, the video sent in by Adnan Khalil Algabal was selected. Hence he is the winner of the bounty price. Thus, this video becomes the proprietary property of the Bolenum Project.
BOLENO EXCHANGE
