Backed Platform ,Redefining how we invest in cryptocurrencies.

About Backed Platform

Almost all Start up businesses in crypto industry have their own company coin . When a user purchase CompanyCoin , they pay 10percent tax to the startup , this amount deductive will allow growth in the ecosystem and improving the growth and price of investment. Teh CompanyCOin price have potential of growth the more coins are being purchased. Users will be able to sell their CompanyCoins at any time in the platform
In this publication , i will be discussing about Backed Project , a project whose goal is to redefine how we invest in cryptocurrencies. It is simply the future of speculating on Startups projects. It tends to solve the problem in cryptocurrencies investment. Backed will support users to back startups and take advantage of it as they develop with Company coins .

How does Backed Token works (BKD) : Backed Platform is a token with its own utility token named BKD , It can be used to purchase another type of assets known as Company Coins. These tokens are powered on Binance Smart Chain , every transactions on are transparent and can be found in the public ledger.
BKD Supply is 6 million tokens, this is a kind of low supply coins with high tendency of being very scarce . During the first round token sale , 5 million BKD will be available for distribution while the remaining 1 million token will be retained by the team , used to fund ecosystem marketing expenses and other important purposes. BKD token price will start @ 0.00001953 BTC . In the ecosystem for every 500,000 BKD tokens distributed , BKD price in comparison with BTC will become doubled . If 5 million BKD got sold during the token sale , the token price will be 512x.

Project Goal

Backed Team aims to end the initial token sale and list BKD on exchanges in 2022. The price of BKD after being released with the determined by the forces of demand and supply. Backed has created an avenue to find means to Back the Startups which are not Raising . The goal is to give exclusive access to the best investment opportunities . It is no longer news that all these VCs and Angel investors are the one that benefit majorly from majority of investment opportunities in crypto space. Backed allows users to back Startup at anytime and liquidating their investment whenever they wish.

About CompanyCoins

All companies on Backed platform have their own coin which allows anybody to be able to buy and sell them . All these coins are regarded as CompanyCoin , it allows users to have their own coin by simply creating their profile. The forces of demands and supply majorly determines the price of these coins . If they are massively purchased the price goes up and vice versa. In other to purchase a company coin , users only need to move through their profile and click on (BUY). Find a company's profile by searching for it or visiting CompanyCoin Leaderboard. To sell those coins is very easy , it is automated, users don't have to wait for another users to buy them , it will be automatically purchased

Usage of CompanyCoins

Company Coin are new class of assets which depends on the companies reputation and the performances and success of Backed (BKD) token. It allows users speculating on Startup performances without needing invite for their investment rounds. The more successful the startup , the more it turns popular and the more the demands of the companycoins which will in turn increase the price of the token.
Another fantastic feature of CompanyCoin is the more users purchase the Companycoin , some certain amount like 10% are being deducted as gratuity fee and this amount are being set directly to the companys wallet which are kept in reserve. This strategy allows growth and drive the coin value in the market. 4

Learn more
Website: https://backed.finance/
LightPaper: https://backed.finance/litepaper
Linkedin : https://www.linkedin.com/company/backedteam/
Twitter: https://twitter.com/BackedTeam
ANN : https://bitcointalk.org/index.php?topic=5403653.0

Bitcointalk name : Adetayo101
Profile link: https://bitcointalk.org/index.php?action=profile;u=3472116
Eth adress : 0x7B26c10E4d312ca017D393134C3F96FA05Fd03dd