Way to Generate Money by Using Cryptocurrency Tokens

in #bbod5 years ago

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Efforts and skills are required to materialize an idea for something. Cryptocurrency tokens are emerging as a good way to generate money. It helps to convert ideas into reality. In simple words, it is just like to generate fundraising by using cryptocurrency.

In the next generation of cryptocurrency 2.0, tokens are used as an intrinsic component. There is no need to hold them physically the same as Bitcoin , but these are an electronic record. These can be stored in a computer or mobile device according to desire when a project is launched then token able us to take part in these launch projects. As per the project, token gives access tickets to that service.

What is crowdsales?
When the project initiates its services, then crowd sale starts. In this way, funds are generated for the development of the project. Software developers, marketing budgets, and all other things which require to pay, it helps in all these needs.

Also, interest in a particular project can be measured by this process. If no one is interested in buying tokens, then the company can consider to review its project again.

There is also a way to encourage adopters. If a buyer believes the services of a particular token service and its potential, then he must buy tokens. Similarly, if the project becomes profitable as his expectations, then the value of the token is raised continuously. It helps to become profitable later on.

BBD Token
The exchange token of BBOD is in the form of BBD. It is an ERC20 token.

BBD Token Offering
In its first public sale listing, BBOD offered eight mln tokens in discount rates. New tokens are not created; therefore, it does not lose any equity. Tokens of already existing token holders don’t dilute.

On December 10, 2019, BBD vs. TUSD will be included in the list of BBOD. 0.65 TUSD per 1BBD will be added to the BBD token list that is the vision of BBOD.
The estimated price in USD will be used to display the prices of BBD tokens.

Intrinsic Value Estimation
Heterogeneity can be revealed in exchange tokens related to token economics. A broad range of absolute variation can be analyzed from $ million to $3 billion. Token utility, exchange age, and trading volumes are some factors that affect the price of exchange tokens.

To measure the potential value of BBD, we find the following factors, such as product offering, age, and token economics.

FTX exchange is relatively young, and it has been started in May 2019. Bitcoins and Altcoins are a settled-stable coin, and these are offered as futures contracts by this. FTT holders can get a substantial fee discount, which is offered by token economics.

A 70% discount will be offered by BBOD in relation to the FTT valuation. When it will be the first day of listing. 0.65 USD per 1BBD token will be offered at the base price. This offer will only validate to the first day of listing. Similarly, a 60% discount will be given to those users who will buy tokens when the round of sale is continued. 0.26 USD per 1 BBD will be paid by them. It provides a huge discount in relation to the FTT token valuation.

Information of the company you can look

Website Address : https://bbod.io/
Bitcointalk User Account: MobStamp54
Ethereum wallet : 0x38CCfE0aFcb72208764cb49906E024bE51F625D5
Twitter Link : https://twitter.com/BBODTrading
Bitcointalk Profile link: https://bitcointalk.org/index.php?action=profile;u=2287094
Facebook Link: https://www.facebook.com/BBODTrading
Telegram User Account: @RIMONMIA
Linkedin Address : https://www.linkedin.com/company/bbod
Telegram Address: https://t.me/BBODCommunity
Whitepaper : https://bbod.io/static/BBOD%20(BBD%20token)%20Whitepaper%20-fdd1ea02f2f8d007fac75d9b369d3962.pdf