Decentralized Trading platforms
Average rating : HIGH
Bgogo is the first digital asset platform with supernode self-governance. 50% of total platform token BGG will be used to reward users where users will get trading fees back in the equal amount of BGG.
|Crowd-sale:||15 Sep - 16 Sep||ENDED||2,000 /2,000 ETH raised|
Raised: 17,000 of 17,000ETH ( 100%)
|Ticker:||BGG||Available for token sale:|
|Token type:||ERC20||Private-sale/pre-sale token price:||/|
|Accepts:||ETH||Private-sale/pre-sale bonus:||5% / no info|
|Prototype:||Pre-sale min/max personal cap:|
|Team:||Crowd-sale token price:||0.00001429 ETH , 0.0031 USD|
|Team residence:||Crowd-sale min/max personal cap:|
|Company residence:||Cant participate:|
16-July. Aleksey: Participated. The project is interesting, the exchange where you can vote for the listing of tokens.see more
Despite good things like trans-fee mining, supernodes and a daily buyback program it is a risky exchange as this trans-fee mining model is the fact it is nothing but an 'ICO in disguise' and that too a very risky and expensive ICO, as in ICOs we pay Ether and get tokens and similarly we are paying BTC or ETH in fees to these exchanges and they are giving us tokens. It is a highly risky trading model and only those traders who understand the risks associated with this model should trade on this exchange because your investments can multiply 100x or you may suffer significant losses but if you join this exchange early when it gets launched, you may get BGG tokens at a low price which would minimise the risk and it may give good returns when volume starts picking up.see more
For flipping: S
The supernodes have paid a token price higher than the public, so there’s no dumping pressure from large holders due to different pricing tiers. This pricing strategy is unprecedented and we believe it sets a great example as to how pricing for ICOs should be done. If the project is good, the opportunity for a bigger allocation is the bonus already.
Half of the BGG tokens held by supernodes will be unlocked on the first day of token listing. However, we believe the vast majority of the funds are not in a hurry to liquidate their BGG tokens, otherwise they risk losing the supernode status.
Therefore, we believe that there wouldn’t be much selling pressure in the beginning. Combined with the low initial token supply and trans-mining hype, BGG tokens should perform well right out of the gate.
For long-term holding: A
The long-term success of BGG token hinges on whether the exchange can generate traction beyond the initial hype period. Almost all the value of the Bgogo exchange platform is accrued to BGG tokens instead of equities, so if Bgogo does well and becomes a top exchange over time, BGG tokens should perform well.
Given the team’s strong background and commitment to the public community/smaller investors, we believe Bgogo has a good chance to succeed.see more