[ANN] BGX | THE DIGITAL BUSINESS ECOSYSTEM OF TOMORROW

[AndyFallek]

Good team, good work, community support. The project has it all. It will be a success.

[1715116272]

1715116272

[AndyFallek]

The BGX Algorithm is the most market-applicable blockchain technology, which
achieves extremely fast transaction speeds, at very low costs, and with utmost
security without sacrificing decentralization.

[AndyFallek]

BGX is applying its Algorithm to the $60B, 2B user industry of Mobile Game Apps
first. Optimizing a solution to a specific niche allows for realization of competitive
advantages denied to generalist solutions and the Mobile Game Apps is one of the
fastest growing, high spending, and most technologically adaptive markets.
BGX will implement its algorithm to build a payment processing and
app distribution plat-form, that will solve the following problems:
(1) 80% of game studios go bankrupt within two years, because major app stores
charge them up to 30% commissions on revenue. Decentralization, allows BGX to
charge 10% or less.
(2) Blockchain is too slow and expensive to handle real market transactions,
while decen-tralization is an unavoidable improvement of economic models. Modern
high-speed decentralized solutions cannot be applied to many disruption-ready
industries (Hash-graph has a very limiting protectionist business model, Stellar is
focused on banking and vulnerable to Sybil hacking attacks, IOTA’s Tangle is ideal for
the IOT market only).
(3) The token-stablecoin system provides investors with a high-growth BGX
Token, that also allows investors to share in 60% of the platform’s revenues, while a
stable BGT Coin gives consumer stability and protection against crypto-volatility.
BGX is conducting a Crowdsale from May 22nd to June 19th and a Pre-Sale from
May 8th – 14th, offering a 30% BGX Token bonus for one week only.

[AndyFallek]

Technology significantly changes people’s perception of the surrounding world.
Since the XIX century, the industrial revolution has shrunk the world with the help of
steam engines and made trips to a neighboring city or country not just possible, but
quick. In the twentieth century, electrification brought light to every home and facilitated
access to knowledge for millions. Flying into space, the discovery of antibiotics,
the emergence of the Internet — all innovations start unexpectedly, and at first seem
to be pleasant additions to the existing world. After a short while people can no longer
live without them. These creations exist objectively and outside of us; humanity simply
unexpectedly discovers them in surprise, like lost islands in a vast ocean

[ANTIMANIA]

BGX is applying its Algorithm to the $60B, 2B user industry of Mobile Game Apps
first. Optimizing a solution to a specific niche allows for realization of competitive
advantages denied to generalist solutions and the Mobile Game Apps is one of the
fastest growing, high spending, and most technologically adaptive markets.
BGX will implement its algorithm to build a payment processing and
app distribution plat-form, that will solve the following problems:
(1) 80% of game studios go bankrupt within two years, because major app stores
charge them up to 30% commissions on revenue. Decentralization, allows BGX to
charge 10% or less.
(2) Blockchain is too slow and expensive to handle real market transactions,
while decen-tralization is an unavoidable improvement of economic models. Modern
high-speed decentralized solutions cannot be applied to many disruption-ready
industries (Hash-graph has a very limiting protectionist business model, Stellar is
focused on banking and vulnerable to Sybil hacking attacks, IOTA’s Tangle is ideal for
the IOT market only).
(3) The token-stablecoin system provides investors with a high-growth BGX
Token, that also allows investors to share in 60% of the platform’s revenues, while a
stable BGT Coin gives consumer stability and protection against crypto-volatility.
BGX is conducting a Crowdsale from May 22nd to June 19th and a Pre-Sale from
May 8th – 14th, offering a 30% BGX Token bonus for one week only.

I still can not understand how you solve the problem of a slow blockchain.

[AndyFallek]

The full potential of the proposed solution cannot be estimated without an understanding
of the global shifts in the economy. According to to the FROST & SUVILLIAN
report1
, and the a no less thorough research of EY2
, there are several mega-trends that
form the agenda for today and tomorrow. The most important ones directly in fluence the
solution that is being developed:
• TECHNOLOGICAL DIvERGENCE (complete inter-connection: Big Data,
gamification, virtual currency);
• MOBILIZATION (the rise of e-commerce, m-commerce, micro-mobility,
integrated mobility, third world smartphone adoption);
• NEW SOCIAL TRENDS (Generation Y, life expectancy growth - Gray Aging,
geo-socialization);
• NEW REALITY OF TRADE (virtual shops, OMNI-CHANNELS, new business
model of sales);
• URBANIZATION (urban population growth and suburbs, megacities, slum
growth).

[AndyFallek]

The tasks of the application store are based on the following basic functions:
• File storage of installation applications;
• Verify that the application content matches local legislation and the selected
policy;
• Function of payment from the application through the payment gateways of
the store;
• Delivery and updating of applications to the user;
• Centralized application scanning for security;
• Search for related applications and rec-ommendations (directory functions).

[AndyFallek]

One of the platform’s founders formulated the concept of BGX in early 2017,
after which he invited three distinct technology groups that were developing independent
solutions to participate in the project:
• The XELOPES Project (St. Petersburg) — the study of the possibilities of artificial
intelligence in the field of controlling financial flows under the leadership
of Dr. Barseghyan and professor of State Voronezh University.,A.P. Parkhomenko.
The XELOPES project has been developing since the early 2000s
and has numerous implementations in the projects of BASF AG, Deutsche
Post AG, GlaxoSmithKline and other customers;
• The QUICKLINK Project (Toronto, St. Petersburg) — by an innovative
Canadian company DigitalXpert Inc. implements a decentralized
processing core for micro-transactions;
• The TITAN Project (Vietnam) — building a mobile messaging client with the capabilities of a crypto-wallet (Extensible Messaging and Presence Pro- tocol — XMPP, Multi-End Message & Object Encryption — OMEMO, Off the
Record Messaging Protocol — OTR).

[ILTVSasha]

Hey. What is the main idea of the platform?

[AndyFallek]

Hey. What is the main idea of the platform?

The BGX mission is to built the most functional payment processing platform on top of a powerful algorithm, in order to add efficiency to the multi-billion mobile industry

[ILTVSasha]

Hey. What is the main idea of the platform?

The BGX mission is to built the most functional payment processing platform on top of a powerful algorithm, in order to add efficiency to the multi-billion mobile industry

Tell us about Decentralized Payments Processing

[GraBitCoin]

Hey. What is the main idea of the platform?

MBurger is a burger chain and is having a promotion for its new Burger meal.
It generates 100,000 worth of VEXMBurger tokens – everyone who consumes
the new Burger meal with the token will enjoy $1 USD off. MBurger decides to
utilize the VEXM Airdrop function to target precisely those VEX users who have
children in their families. The VEX system manages to find 100,000 users who
are likely to be the target audiences based on their consumption habits,
interests and location. MBurger then triggers the Airdrop system by paying a
certain amount of VEX tokens and each of the 100,000 users will receive 1
VEXMB token in their wallet.

What are you talking about? I'm completely confused!

[AndyFallek]

Hey. What is the main idea of the platform?

The BGX mission is to built the most functional payment processing platform on top of a powerful algorithm, in order to add efficiency to the multi-billion mobile industry

Tell us about Decentralized Payments Processing

ecentralized Payments Processing
BGX is offering one of the most advanced technological infrastructures with powerful processing capabilities, a set of financial and game features, all for one of the most technologically-adaptive and profitable industries – mobile games


1. ON-CHAIN / OFF-CHAIN
On-chain and off-chain transactions work together and allow you to balance between the required speed and load. Since the current off-chain solutions are under development, a hybrid solution will be used in BGX until a stable one is obtained

2. BLOCKCHAIN INTERACTION
BGX is implemented on top of the Ethereum blockchain system and, despite the mechanisms of off-chain transactions, needs to interact with the larger blockchain. To do this, each BGX node has a special BLOCKCHAIN LAYER. Its task is to manage the written and extracted data

3. FILE STORAGE
Storage of distributed content is proposed to be solved using DHT technology. DHT (distributed hash table) is a class of decentralized distributed systems of search service that works like a hash table, characterized by the following properties: Decentralization, Scalability, and Failover

[MiracleM]

This is really superb one and very promising one. Hopefully this will be rock in future as well. Smiley

[SanniBis]

This project is on my personal list of the best projects of this year.

[revenanTts]

I have questions for the developer, but he does not appear here?

[HenryBilly]

We are seeing since the start of 2018 crypto world is under immense pressure, what will be its impact on presale ICO?

[Borkin]

The project touches on an interesting topic, which with every passing day is gaining more and more relevance. I think that the development team should have a serious incentive to implement it competently! Good luck guys!

[irentys]

which countries are your projects focused on first? how will international support be organized?

[GamerOne1]

When will the Tokens be given out?