[News] BIOCOIN - INTERNATIONAL BLOCKCHAIN-BASED LOYALTY PLATFORM [BIO]

[xottabikrus]

Is this bounty still on going? Can some one still join the bounty?

No. Bounty completed

[jonemil24]

Hi Bounty Manager!

I would like to ask about the signature, are we already allowed to remove it?

Thanks in advance for your response!

[xottabikrus]

Hi Bounty Manager!

I would like to ask about the signature, are we already allowed to remove it?

Thanks in advance for your response!

Hello, yes.

[xottabikrus]

Today, a little later, we will explain all the details on the start of selling tokens to legal entities.

In the meantime, let us remind you that very soon farmers will be able to take loans in biocoins. At the moment, lawyers are working on a legal scheme for issuing cryptocredit.

Boris Akimov gave the German edition of ORF a comment on this:
"Well, what farmer will be given a loan in the bank? Therefore, farmers in our cooperative often do not have enough money for machinery and equipment. For them, biocoins are a new opportunity to gain access to money."

https://russian.rt.com/inotv/2018-02-28/ORF-Rossiya-stanovitsya-mirovim-oplotom

[xottabikrus]

Friends! As Promised, Let's Talk About Selling Tokens To Legal Entities!

On the official website of https://biocoin.bio, we are now setting up a new functionality for the sale and purchase of biocoins. Due to the configuration of some site functionalities, the short time worked incorrectly. At the moment we are launching the possibility of buying and selling biocoins by legal entities.
This is necessary for the normal functioning of the loyalty system: a legal entity can officially acquires biocoins, which are then used to charge their customers. And sell them - for exemple to compensate for eventual lost profits. In this case, the possibility of buying and selling biocoins by individuals on the site is not yet possible - but individuals can still do this on stock exchanges.

Sale and purchase rate for legal entities: persons on the site will be guided by the weighted average rate (and turnover) of exchanges and the rate (and turnover) of biocoins within the loyalty system. At the same time, we will not change the rate more than once a day - to avoid the influence of sharp exchange fluctuations on the action of partners of the loyalty system.

Biocoins that will be sold on the site https://biocoin.bio are those that we take in payment for products and those that are bought from the legal entities (persons here).

In fact, we are creating an internal biocoin area for the purchase and sale of biocoins by individuals. Unfortunately, the legal field of Russia does not allow partners of the loyalty system to buy biocoins on stock exchanges yet - as they are outside the zone of right regulation. That is why we have been waiting very much, and are still waiting, for the "Sunrise" platform. We apologize that we misled some of the members of our Community. In the near future, all the functionalities will work in the regular mode.

For us, the main task is to fully launch the loyalty system. It’s the normal operation of the entire system and the growth in the number of partners that are the key to the growth of biocoin users and the growing demand for biocoins. We want the system to grow and scale steadily!

[xottabikrus]

The founder of the agricultural cooperative LavkaLavka @BorisAkimov gave a detailed comment on the launch of the loyalty system and talked about plans for the development of BioCoin:

“Friends! We are doing a serious work on entering large exchanges. At the same time, it is extremely important for us to create a foundation for sustainable growth of biocoin, and not to arrange instant “pampas” and speculative leaps - such things are easily done by others, but why? It is important for us to build an ecosystem with its stability and "sustainability".

To do this, you need to do the most important thing - to create a broad business platform that unites hundreds and thousands of businesses - first in Russia, and then in the World.

To do this:
a) everything is very clearly done from a legal point of view,
b) to give convenient technological solutions to partners.
This is what we are doing! At the moment, a juridical person can not officially buy or sell biocoins on stock exchanges - as they are not yet legitimate in Russia. The company must conclude an agreement and transfer money by bank transfer. And this is possible with biocoin! Not yet at the stock exchange but through the acquisition or sale of biocoins from one entity to another.

And this is a real breakthrough! There is not a single crypto-asset in Russia that can be officially and legally acquired. And that means one more thing - Biocoin is a legal window for companies of the crypto community. As soon as the partners begin to connect in large numbers - this will immediately impact the course on the exchanges.

In addition, in the next six months, a legitimate exchange will appear in the legal field of the Russian Federation.

In general, we are working on a plan to create a large project - the BioCoin Platform. And there will be big exchanges and stuff. But we definitely will not sacrifice for the sake of a momentary HYIP (High-Yield Investment Program) the fundamental principles - the legality and sustainability of the entire Platform.”

Then patience and integrity will be rewarded. Besides, work and patience are two mains qualities of a real farmer, isn’t it?

[phamminhtan]

Hi Dev! When is the new coin distributed?

[xottabikrus]

Hi Dev! When is the new coin distributed?

https://biocoin.bio/en

[phamminhtan]

Hi Dev! When is the new coin distributed?

https://biocoin.bio/en

I mean, when are the new bounty hunters getting coins?

[xottabikrus]

Hi Dev! When is the new coin distributed?

https://biocoin.bio/en

I mean, when are the new bounty hunters getting coins?

Checks come to an end - in a week we will begin payments. After holidays

[xottabikrus]

LavkaLavka cooperative has established a very strict organic standard for its local farmers network. Even in Russia good natural products are growing ... https://www.finchannel.com/opinion/analysis-3/71737-organic-is-the-new-black

[xottabikrus]

Today, one more step has been taken for BioCoin on a technical level!!
And it's Boris who explains it:

"BioCoin today signed a contract with Technoserv Consulting – the leading developer of loyalty systems in our country. Technoserv has worked with Sberbank and Aeroflot, etc. Technoserv is already doing this for us (following another agreement already signed with him) for the Loyalty System Control Panel, which means that any loyalty system can be connected to our cash register via the control panel, and to transfer bonuses to biocoins and vice versa. A step further has been taken. If the company already uses a loyalty system, it can connect it to our central unit. If the company does not have a loyalty system (and we have 90% potential partners in that case), it can use our loyalty system already connected to our central unit.

This is exactly the kind of loyalty system we have today! We have signed a contract for the transfer to the "BioCoin" Ltd license for the use of New Frontier Loyalty 1.0 for 70 years and with the possibility to connect up to 1000 partners to this software (with the possibility to further extend the network partners).

This includes: customer data management, purchasing management, directory management, communications management, share management for points recognition and cancellation, call management.

This product, together with the Control Panel and our production, will be the platform to which we will systematically connect partners.
Our Biocoin in three dimensions: BioCoin's blockchain, New Frontier Loyalty and Control Panel. The more partners there are, the more buyers there are; and the more the need for biocoins is high. You can join the system only if the partner has biocoins in the required quantity. The loyalty system is the foundation of our ecosystem. This is an opportunity to involve hundreds of thousands of jobs and millions of people who are customers of the partners involved in this loyalty system and who are sometimes very far from the crypto world.

BioCoin will be the first crypto asset, actively used by numerous consumers in their daily lives!" #gogreen

[xottabikrus]

Can you buy with your BIO? Yes! How does it work? Boris went on lavkalavka.com (https://lavkalavka.com/) to buy some products online with biocoins. Let's see the process https://www.youtube.com/watch?v=Kmg5aDEqfC0&feature=youtu.be

[xottabikrus]

Today again, BioCoin has a new partner, CHIPS'N'KALE, a vegan bar located in Sokolniki. As Boris says "The creator Natalia Shoikhet helps me to conceive an ingenious fast this year. And I'm tired of finding sauerkraut in my beard. Now I am tormenting my spirit with crisps, hummus, and so on. Life has become more interesting!"
Welcome to Natalia and to Chips'n'Kale: https://www.instagram.com/chipsnkale_snackbar/

[xottabikrus]

Friends! Today begins in happyness. A letter from Bittrex platform arrived to invite us!

[xottabikrus]

Coinmarketcap finally added the capitalization of our token! At the moment - $ 9.162.263. BIO rose in the ranking by 900 positions and now enters the TOP-500 coins

[layer1gfx]

Coinmarketcap finally added the capitalization of our token! At the moment - $ 9.162.263. BIO rose in the ranking by 900 positions and now enters the TOP-500 coins

very good, i updated this in the german thread

[xottabikrus]

"Chickens for tokens. How agricultors sell goods for crypto currencies and issue digital money."
"The use of digital currencies or crypto currency as a means of payment is gaining popularity. According to the specialists of the Center for Economic Forecasting of Gazprombank, for the third quarter of 2017 about $850 million was attracted through the ICO (initial coin offering). About 60 large placements, with the issue volume of more than $25 thousand each, are quarterly. Gradually crypto currencies begin to be used not only in projects that are related to digital or related industries, but also in the real sector of the economy, including in agribusiness"!! #gogreen
http://www.agroinvestor.ru/investments/article/29468-kury-za-tokeny/

[xottabikrus]

The Smart Finance application added support for the BIO token!

Now you can plan your budget taking into account income/expenses in biocoin.

The application also supports other crypto and fiat currencies. For analysis, they are all converted into basic. With the help of the application, you can quickly draw up your financial plan, analyze the structure of expenses and plan them ... https://apple.co/2FuLop5

[xottabikrus]

In the US, they finally thought about the legislative division of tokens into types and freed the utilitarian tokens from regulation by securities laws.

So, in the state of Wyoming a decision came to release the utilitarian tokens from the securities laws. Currently, a new bill has been sent to State Governor Matt Mead for its signature. After the final approval, the Wyoming Legislative Assembly will be the first elected body in the world to clearly define the status of utilitarian tokens.

BIO tokens belong to the same type of tokens - utilitarian.
Unlike tokens, which work as securities, these tokens are points that can usually be exchanged for goods and services.

We hope that soon people in Russia will also think about the question of dividing tokens into subtypes and corresponding regulation!