This is a great concept, kind of like coinlancer or xbtlancer. My question is this... When I pay people to do work for me, they always ask for Bitcoin and will usually try to resist ethereum. Even when Xfer fees were at $9.00+ for Bitcoin. So who is going to want to accept Boon coins? Or will they be immediately exchangeable for Bitcoin.
Also how easy will it be to exchange bitcoin or ethereum to Boon coin on your site? Or would I have to hassle with that myself?
Thank you for the great questions, I really appreciate it.
Well many people asked me about the difference between other job platform I made a blog post and here are the main differences.
To answer you question about demand, there are two aspects to this situation.
One is the issue you find with any coin. BTC is always in demand than any other ALT coin. In order to circumvent this phenomenon we will introduce BTC into our platform in a month after or token sale. We are almost ready with it technically speaking. So people can convert Boon to BTC and do all the transaction.
Our platform has a feature called Boon Dollars which is used to hedge against the crypto volatility. Boon dollars is pegged to USD, so Boon dollars are protected from any crypto fluctuation. When anyone deposit any crypto currency in our platform, we immediately convert it into Boon dollars and protect against the volatility.
Another aspect is the security token aspect. Our token is a utility token because without Boon coins the platform cannot operate. We have a private blockchain for Boon coins which make our platform lightening fast. We dont dependent on ether blockchian which are very slow sometime. So we need a coin as well as a fast blockchain. So we require boon coin and boon dollars.
