What is BPT Coin? Learn Blockport & BPT Coin project from A - Z
For any investor who wants to participate in the virtual currency investment market, the need to choose easy solutions is their top priority. It can help investors get used to this market gradually. And Blockport has done it, this is an easy cryptocurrency investment solution for everyone. So what is the future of this BPT coin ?
Learn about Blockport and BPT coin
Blockport is an easy cryptocurrency investment solution for everyone. Blockport was officially released on April 21, 2018 in the form of an ICO call . Besides, BPT Token is running on Ethereum Blockchain platform based on ERC-20 standard .
The project has now changed to the name BUX with the token BUX. Therefore, when interested in and learning about BPT coin, it is necessary to note this to avoid encountering scam tokens.
Details of BPT token
To better understand the Blockport project and this BPT cryptocurrency, let's learn about the exchange rate of BPT right here.
Rate of BPT coin today
So above is an overview of the Blockport project, it can be seen that this is an interesting and very useful investment solution for investors in the market today. To better understand the project, let's follow the real-time BPT price information below.
The price of BPT cryptocurrency today is at $0.8367 according to Coinmarketcap statistics and within 24 hours has a trading volume of $6221.84. 28,000,000 BPT coin is the circulating supply in the market and 90,000,000 BPT is the total current supply.
Key Metrics BPT
Information about Key Metrics BPT specifically is as follows:
- Ticker: is BPT.
- Blockchain: is Ethereum.
- Contract: is 0x327682779bab2bf4d1337e8974ab9de8275a7ca8.
- Decimal: is 18.
- Token Standard: is ERC-20.
- Token Type: là Decentralized Exchange Token.
- Circulating supply: is 52,870,933 BPT.
- Total supply: is 69,434,800 BPT.
- Investors: is 24.9%
BPT Token Allocation
Along with a total fixed supply of 69,434,800 BPT tokens are divided according to the following fixed ratio:
- Issued through ICO fundraising is 71.4%.
- Belonging to advisors, early seed investors and the project's development team is 14.3%.
- For Blockport token shop is 10%.
- Dedicated to the development of bounty programs, 3rd party partners and the community is 4.3%.
BPT Token Sale
Information about BPT Token Sale is currently being updated.
BPT Token Release Schedule
The development team sets a time to pay the token disbursement (accounting for 5-10%) according to the following specific schedule:
- Initial issue is: 25%.
- After 1 year: 25%.
- 2nd year is: 25%.
- Year 3 is: 25%.
Besides, Blockport only gives information about the disbursement process for tokens belonging to the development team. As for the other parts, they have not mentioned it yet.
What is BPT coin used for?
Currently BPT is designed to be used across the entire Blockport ecosystem. The two main purposes of BPT coin are social trading and reducing transaction fees.
Trading fees
Almost 99.99% of cryptocurrency trading platforms need to collect fees to get revenue and thereby operate the project. For BPT tokens, when paying transaction fees with BPT coin , you will enjoy 1 percentage discount depending on your trading volume. Besides, this ratio will always follow the following formula:
Discount value ≤ Blockport transaction fee
Social Trading
Investors can use BPT to reward other members who share their portfolio and trading methods. Accordingly, you can understand similarly to how you can give stars to streamers on Facebook today. The same is true for Blockport, you can completely give BPT tokens to traders , sharing how their transactions generate profits.
So, the above is information about the two main uses of this BPT cryptocurrency on the market today. So what is the current way to earn and own this BPT coin in the market?
How to earn and own BPT coin
In the Cryptocurrency market, players can earn and own 1 token / coin for free through Airdrop / Bounty programs. But in fact, this Airdrop program of Blockport (BPT) has now ended.
And obviously, similar to other tokens/coins on the market today, users can fully own it through direct purchase at the exchange on the listed market for tokens/ that coin.
As for BPT coin , you can also own BPT through buying tokens directly at exchanges on listed markets. Besides, Blockport also always has rewards for those who find vulnerabilities (bugs) through the program is Bug Bounties.
BPT . exchange and storage wallet
With the above information about BPT coin, what is the current wallet and exchange of BPT coin ?
BPT coin storage wallet
As learned above, the current BPT is run according to the ERC-20 token standard of the Ethereum platform. Therefore, users can completely store BPT tokens at specialized wallets that currently support ERC-20 tokens, such as: Coin98 Wallet, Ledger Nano S wallet, Trezor wallet, Metamask wallet, Myetherwallet wallet and Imtoken wallet…
Exchange of BPT coin
Currently on the BPT cryptocurrency market, it is mainly traded on Kucoin exchange (accounting for about 99.8%) with a trading volume of 6221.84 USD within 24 hours. For this volume, it can be seen that for BPT, the liquidity may be temporarily acceptable.
In addition, it should be noted that currently this BPT coin has been rebranded as BUX to avoid trading and buying and selling scam tokens.
The future of BPT coin
Predicting the future in the Cryptocurrency market of any current token/coin is very difficult. However, you can also base on the method of capital allocation as well as the development activities of the project after the ICO.
Therefore, let's consider the following 2 factors of this Blockport project to be able to determine the future of this BPT cryptocurrency. As follows:
Use of capital
After successfully conducting the ICO, Blockport has officially held 15 million USD and here is how they allocate capital:
- Used to store funds at Blockport exchange account is 50%
- Used for development for 2.0 as well as 3.0 of Blockport is 14.2%.
- Used in operating operations of the Blockport exchange is 10.4%.
- Exclusively for marketing activities as well as community building is 16.2%
- Used for legal activities such as contracts with partners, trading licenses, etc. is 9.2%.
Development activities in the period of 2019 and 2020
In the period of 2019 and 2020, Blockport has released to version 3.0 support on google play and app store.
Launch of Wallet to be able to store and manage user portfolios.
Conduct financial services activities including:
- Loan.
- Custodian Services.
So with the coming information, you can completely see the familiar image of Coinbase on the market today.
If Blockport can execute these operations well, then it will most likely be one of Coinbase's very formidable competitors in the market.
Thus, through the above article, you can grasp the overview of this Blockport project as well as the information of the BPT coin cryptocurrency. Hay Mod Game hopes the above information will help you understand this project. At the same time, it should be noted that BPT has now been rebranded to become BUX to avoid trading with scam tokens.