What is the Boom Crypto Market ?
Boom Crypto Market is a decentralized platform that aims to bring transparency to the cryptocurrency and blockchain industry, as well as provide users, traders and investors with sufficient information and make informed decisions.
Crypto Market Explosion aims to reduce the hassle of roaming on multiple platforms before retrieving certain information. the platform will concentrate on centralizing information on a decentralized platform which will give a lot of time and money.The idea is to maximize fraud from the blockchain and cryptocurrency industry and give confidence to the world's unbanked population, the freelance sector, and remote buyers and service providers
Boom Crypto
Market will provide the following Defi services;
1. A Decentralized
Staking Platform.
● Boom Crypto Market will
provide staking functionalities, which will enable users who stake BCM token on
the platform to earn several cryptocurrency assets including MOR, and other
cryptocurrencies will be included over time.
● Earnings on other
cryptocurrencies will be proportional to BCM token holdings calculated on the
platform based on internal formula which will be disclosed to the community
once the launched quarter approaches, as a subsidiary of MorCrypto Exchange,
BCM token will be immediately listed on MorCrypto Exchange after the presale
and Uniswap listing.
2. A Decentralized
Marketplace.
● Boom Crypto Market platform
will provide a decentralized service providing platform for buyers and sellers
of goods to interact without any interference from a third party. In the last
couple of years, the global village has expanded and service providers have
found the need to work online and remotely more than before and the pandemic
which has introduced a new era has made remote services very essential.
● The obstacle has always been
the issue of trust between the parties involved and this has limited the
corporate world to a great extent, especially the blockchain industry. For
example, a project wants to list an asset on a P2P trading exchange but can
hardly reach out to the right authorities in charge of offering this service,
or a project is in need of promotional services and reaches out to a company to
deliver the services and they eventually fall into the hands of fraudsters,
make payments to these fraudsters and lose their funds in the process.
● The Boom Crypto Market platform will ensure that no service is being paid
for without proof from both parties involved provided on the platform to show
completion of contract. The platform will automatically provide a contract
receipt as proof of an ongoing or pending transaction; this can be used as
voucher by either the service provider or customer as evidence of transaction.
● One of the benefits of this marketplace will be helping start-ups to
quickly locate and interact with industry leaders and experts while service
buyers get the best professionals working for them, placing the responsibility
of identity verification on the Boom Crypto Market platform and a smooth
contract settlement on our smart contract.
3. Cryptocurrency Asset Listing Platform.
● One of the problems encountered in the cryptocurrency and blockchain
space is the lack of accurate information, there seems to be a lot of
manipulations going on in so many quarters. The Boom Crypto Market platform
will have features like trade history, order book, and daily and total
generated volume, current trading volume, active trading platforms, and so much
more for each listed token or P2P trading exchange.
● With these features available on the Boom Crypto Market platform, there
will be no need to roam around trying to search out information about any
asset.
● This will be a platform where all available information about any asset
or project will be made available on one platform; it will also be an avenue
for projects to create trust between them and their community and also attract
investors based on trust.
4. Cryptocurrency assets and exchange listing.
● As the name implies, the Boom Crypto Market platform will list available, credible, and active cryptocurrency projects, exchanges, professionals, and companies on the platform for proper tracking. There will be strict criteria for listing any project, asset, exchange, professional, or company. The process will begin with an application to the appropriate channel for verifications and provision of every other requirement needed by the team
PLATFORM & TOKEN UTILITY
● As a platform that provides a marketplace to help
service providers supply services to customers on trust while also helping
service buyers to get the service providers, BCM token which is the base token
powering the Boom Crypto Market platform will be used for fee payments for all
transactions carried out on the platform.
● Buyers and sellers of services can decide to pay or
receive payments in BUSD, BNB, MOR, or BCM. Transaction fee will be paid in
BCM, BNB, BUSD or MOR depending on what the user chooses. These fees will be
used as rewards on the staking platform and for liquidity providers.
● BCM token can also be used for payment for services
offered on the marketplace; for example professional adverts, project adverts,
promotions and any other value added services offered on the platform.
● Other cryptocurrencies like BUSD, BNB, MOR and are
currently being integrated including fiats will be available for deposit and
swap against BCM on the platform to be used for transactions and processing
fees.
● We believe there are a lot of corporate bodies that
lose funds annually to both frauds and unprofessional service providers, Boom
Crypto Market platform will drastically eliminate these loses while ensuring
customers are satisfied with service provided to them. Boom Crypto Market
presents a whole new level of blending trust and satisfaction all in on one
platform, and there’s no sector that is exempted.
● THE JURY (Governance): As a platform that will cater
for different types of personalities around the world, we believe there will be
moments when we could see some disputes and may need a resolution on both
sides. Our platform will have a mechanism known as the “Jury” similar to that
of a court, in the case of a dispute the smart contract will move the fund
release authority to the “Jury” who are categorized by the amount of liquidity
provided on the platform.
Conclusion
Boom Crypto Market is a fast growing Defi project, with a professional
market and a list of cryptocurrency assets as well as an IDO platform supported
by native BCM tokens and the Boom Crypto project has tapped into Blockchain’s
exponential growth & helps investors find SaFu cryptocurrency projects in
space.
For more information about Boom Crypto
● WEBSITE: https://boomcryptomarket.com/
● WHITEPAPER: https://boomcryptomarket.com/whitepaper.pdf
● TWITTER: https://twitter.com/boomcryptomark
● LINKEDIN: https://www.linkedin.com/company/boomcryptomarket/
● Facebook: https://web.facebook.com/boomcryptomarket
● TELEGRAM: https://t.me/BoomCryptoMarket
Author :
Bitcointalk Username: Ainulyaqin
Profile Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=2787764
BNB-20 WALLET: 0x7D24a42cbd99E25304846bDD24E79ebc9f3ea3CC
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