"Intrоduсtіоn Biokript"

Biokript is a new approach to combining cryptocurrency and Islamic finance. The platform offers a secure, balanced, and profitable environment for participation in cryptocurrency trading, providing a Shariah-compliant option for Muslim investors interested in cryptocurrency.

SHARIAH-COMPLIANT INVESTMENT

Biokript offers a Shariah-compliant option for Muslim investors interested in cryptocurrency. The platform ensures that all investments and transactions are compliant with Islamic principles, including the prohibition of riba (interest), gharar (uncertainty), and maisir (gambling).

MUDHARABAH PRINCIPLE

Biokript's profit-sharing incentive is based on the Mudharabah principle, which enables investors to partake in the trade revenues produced by the platform. This principle aligns the interests of investors and the platform, offering a possible income source for token holders.

BIOKRIPT TOKEN ($BKPT)

The Biokript Token ($BKPT) serves as the primary medium of exchange within the Biokript ecosystem. It unlocks exclusive features and premium content, provides discounts and rewards, and enables participation in token sales. The token is also used to distribute profits to investors based on the Mudharabah principle.

FAIR FINANCIAL OPPORTUNITY

Biokript represents a novel fusion of tradition and technology, pushing traditional boundaries to create a fair financial opportunity for all. The platform ensures that all investors have access to the same opportunities and benefits, regardless of their background or financial status. Biokript aims to create a more inclusive and equitable financial system for all.

TOKEN USAGE IN THE BIOKRIPT ECOSYSTEM

1. Service Accessibility
   $BKPT serves as the primary medium of exchange within the Biokript ecosystem, granting users access to exclusive features and premium content on the platform. By holding $BKPT, users can unlock enhanced customer support and enjoy a superior user experience.

2. Discounts and Rewards
   Biokript incentivizes the possession of $BKPT by offering various discounts and rewards to token holders. These benefits can include reduced transaction fees, lower subscription costs, and bonuses for active participation. By utilizing $BKPT, users can take advantage of cost-saving opportunities within the platform.

3. Participation in Token Sales
   One of the appealing aspects of holding $BKPT is the potential eligibility to participate in token sales or initial coin offerings (ICOs) facilitated by the Biokript platform. Token holders may have the opportunity to invest in new projects or ventures launched on the platform, allowing them to potentially benefit from early access and potential future returns.

4. Payment Method
   $BKPT can be used as a convenient and efficient payment method within the Biokript ecosystem. Users can transact with $BKPT to purchase goods, services, or digital assets available on the platform. By using $BKPT for transactions, users can benefit from the speed, security, and transparency provided by blockchain technology.

5. Governance and Voting
   In some cases, utility tokens like $BKPT can also grant holders voting rights and influence over platform decisions. Token holders may be able to participate in governance mechanisms, such as voting on proposed changes, upgrades, or the introduction of new features. This allows the community to have a say in the evolution and direction of the Biokript platform.

BIOKRIPT TOKEN BURN MECHANISM

Biokript is implementing a unique token burn mechanism to create scarcity and increase the value of its token, BKPT. The token burn mechanism involves setting aside a portion of the trading fee revenues for token burn and burning a percentage of the token supply for every 100% appreciation in its value. The burn rate is dynamic and adjusts based on the rate of price appreciation. The token burn will occur every 90 days, and in case of insufficient trading revenues, tokens will be burned from the treasury.
The Biokript token burn mechanism involves setting aside 10% of all trading fee revenues for the token burn. This means that every time someone trades on the Biokript platform, 10% of the trading fee will be set aside for token burn. The idea behind this is to create scarcity by reducing the supply of BKPT tokens.

PERCENTAGE BURN BASED ON APPRECIATION

In addition to setting aside trading fee revenues for token burn, Biokript will also burn a percentage of the token supply for every 100% appreciation in its value. For instance, if the value of BKPT appreciates by 100%, Biokript will burn 1% of the entire token supply. This is aimed at rewarding early investors and creating scarcity by reducing the supply of BKPT tokens in circulation.

DYNAMIC BURN RATE

The burn rate is dynamic and adjusts based on the rate of price appreciation. For example, in the case of rapid price appreciation, the percentage burned will move down to 0.5%, 0.3%, and 0.1%. This ensures that the token burn mechanism is responsive to market conditions and maintains a balance between creating scarcity and preserving the value of the BKPT token.

TOKEN BURN FREQUENCY

The token burn will happen every 90 days. This means that every 90 days, Biokript will burn a portion of the BKPT token supply, reducing the total number of tokens in circulation. This is aimed at creating scarcity and increasing the value of the remaining BKPT tokens.

BURNING TOKENS FROM TREASURY

In the case that Biokript does not achieve sufficient trading revenues, the company will start burning the tokens from its treasury. This ensures that the token burn mechanism is sustainable and that the value of the BKPT token is not dependent solely on trading revenues.

CONCLUSION

The Biokript token burn mechanism is designed to create scarcity and increase the value of the BKPT token. This is achieved through a combination of setting aside trading fee revenues for token burn, burning a percentage of the token supply for every 100% appreciation in its value, adjusting the burn rate dynamically, burning tokens every 90 days and burning tokens from the treasury when necessary. The token burn mechanism is a sustainable way to increase the value of the BKPT token and reward early investors.

#BIOKRIPT #PARTNERSHIP #PRESALE #EXCHANGE #HYBRID #SHARIAH

Mоrе іnfоrmаtіоn аbоut thе рrоjесt

Website: https://www.biokript.com/
Twitter: http://www.twitter.com/biokript
Facebook: http://www.facebook.com/biokript
Instagram: http://www.instagram.com/biokript
Telegram: https://t.me/biokript
Reddit: https://www.reddit.com/user/_Biokript
ANN: https://bitcointalk.org/index.php?topic=5419088
Whitepaper: https://whitepaper.biokript.com/
Author
Bitcointalk username: ashraf100786
Bitcointalk Prоfіlе link: https://bitcointalk.org/index.php?action=profile;u=1776447
BSC Wallet Address: 0x3AC78d7Ce5782C08AE27b8C216cAa31653a77509