Wednesday, April 14, 2021

Boom Crypto Is Future Market


With the current boom in the blockchain and cryptocurrency space, it is noticeable that institutional investors have started flooding into the crypto market and the space is supposed to see some real exponential growth; but there is a problem. Boom Crypto Market is a fast rising Defi project, with a professional marketplace and cryptocurrency asset listing and IDO platform powered by a native token BCM. The project is aimed at bringing absolute transparency, trust and decentralization to the blockchain and cryptocurrency space, a professional platform that bears trust through a smart contract that allows both services providers and buyers to execute contracts without trust issues.

Boom Crypto Market is aimed at reducing the hassles of roaming on several platforms before retrieving specific information; the platform will concentrate on centralizing information on a decentralized platform which will in turn save both time and money. Boom Crypto Market will provide the following Defi services;

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.

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.
  • 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.
  • 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.

Cryptocurrency Asset Listing Platform.

  • 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.

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.

 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.
  • Transaction fee will be paid in BCM, BNB, BUSD or MOR depending on what the user chooses.
  • 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.
  • 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.

We know more and more institutions and sectors are embracing the blockchain and cryptocurrencies globally, but the platform will have available global payment options to enable every sector take advantage of the exceptional services provided on the Boom Crypto Market platform. The team plans to have BCM token on top tier exchanges as soon as the presales are over.

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