Bitcrore Foundation (OP)
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March 21, 2020, 07:08:01 AM
Last edit: June 24, 2021, 06:58:46 AM by Bitcrore Foundation |
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BITCRORE SOLUTION
A decentralized Price Stability Machine for the Retail Market ABOUT BITCRORE Bitcrore is a decentralized blockchain solution designed at its core to service the retail market, which is an often ignored but crucial part of our transactional life. In 2018 alone, the global online retail market recorded a transactional volume that is 6 times the average cryptocurrency market cap for that same year. With the transactional potentials that the blockchain and cryptocurrency revolution presents for the retail market, Bitcrore and all of its use cases are designed to make cryptocurrencies practical and easy for retail transactions.
Amidst other hindrances, the major reason why we have not seen a crypto retail revolution is because of price volatility and transaction speed, which are sadly at the heart of all truly decentralized crypto economy. This is why Bitcrore presents, a price control system to stabilize its price, even more, for the first time Bitcrore took stable assets a step further, with its stable and growing coin protocol, specifically to tackle the inflationary problem of pegging and also to give an incentive to investors and adopters of the Bitcrore solution WHY CONTROL PRICE Since supply and demand play an inextricable role in any asset's value, Bitcrores price control protocol dynamically controls price through supply. Also, unlike every other stable coin out there, Bitcrore's stable growth potential makes it open to predictable growth, over time. This makes it ideal for retail transactions and as a risk hedging solution for crypto investments. More precisely, by 2021 the value of a Bitcrore coin will have risen by an average of 400%. COIN DETAILS Coin Name .................. .................. .................. .................. .................. .................. .................. BITCROREProject Blockchain .................... .................... .................... .................... .................... .................... Masternodes Coin Symbol .................. .................. .................. .................. .................. .................. .................. .................. BC Block Validation Protocol .................. .................. .................. .................. .................. .................. Proof of Work Total Supply .................. .................. .................. .................. .................. .................. .................. 100, 000, 000 BC Available Web Wallet .................. .................. .................. .................. .................. .................. .................. Signup Here Sales Update Private Sales and ICO .................... .................... .................... .................... .................... .................... Closed Masternode Setup .................. .................. .................. .................. .................. .................. .................. OpenCoin Distribution Update Public Distribution .................. ................ ................ ................ .................. .................. .................. 30, 000, 000 BC
Masternode Service .................. ................ ................ ................ .................. .................. .................. 30, 000, 000 BC
PoS and PoW .................. .................. .................. .................. .................... .................... .................... 15, 000, 000 BC
Reserve Funds ..................... ................... ................... ................... .................. .................. ................. 10, 000, 000 BC
Core Team .................... .................. .................. .................. .................... .................... .................... 10, 000, 000 BC
Partners .................... ................ .................... ................... ...................... ...................... ...................... 4, 000, 000 BC
Bounties .................... .................... .................... .................... ...................... ..................... ...................... 1, 000, 000 BC
Summary .................. ................ ................ ............... ................ ................ ................ 100, 000, 000 BC
Bitcrore Solutions Bitcrore Multi-Wallet (Now Live) Currently in Beta test and also the only wallet for storing BC coins, this wallet is intended for multi-asset storage, like Bitcrore, Bitcoin, and Ethereum. However, the multi-wallet phase is still been developed, and only BC coin can be stored there at the moment. Also, an Android and iOS version is also been developed.BC Hybrid Exchange (Now Live, but under restricted test) Currently, in restricted Beta test, this will constitute a combinaton of an OTC market and a centralized exchange with a centralized orderbook for users to trade. Also, the OTC feature will come in later after the centralize exchange releaseBC Node (Under development) First of all, the BC service Node helps the Bitcrore network do instant transaction settlement, which is a crucial part of retail transactions. Interestingly, volunteers to this service get the most reward by the network, even more than miners. For instance, all BC node service participants earn 16,438.4 BC, which is currently worth about 4500-5000 USD at the moment. Interestingly, with the BC user-friendly masternode interface been developed all it will take to set up the BC node is 500 BC coin. No VPN Setup or Programming knowledge is needed, you just earn on autopilot.Point of Sale (POS) System (Under development) Currently been developed, this will allow merchants to accept BC as payments, and it will also set the stage for Bitcrore's retail penetrationA digital retail market solution: (Under development) This is the crowning achievement of the Bitcrore ecosystem. Currently partnership plans with several retail merchants and digital marketplace platforms, to incorporate the BC coin for the settlement of services.Debit Card (Under development)
Finally, last on the Bitcrore usecase list, if executed, users can directly fund their retail transactions directly from their BC wallet. However, this will come in once a 1$ average Peg is achieved.
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