"Burstex is the world first decentralized cryptocurrency Exchange"
"Burstex is the world first decentralized cryptocurrency Exchange"
Introduction
Different innovations keep emerging from blockchain Space in which their motive is to solve some real-life problems. We have witnessed a serious hype in crypto industry in 2017 and now the market is gaining organic growth. Most weak hands have dropped out of Crypto and the market is growing steadily.One major challenges in Crypto industry is insecurity in our various Exchanges and inadequate infrastructure which will facilitate massive adoption of cryptocurrencies. First, before I move on Iwill like to explain what Cryptocurrency Exchanges entails especially to the newbies who have not heard about it before.
Cryptocurrency Exchanges is an online Digital Market place where trading i.e buying and selling of Digital assets take place. Every crypto assets needed an exchange where they could be exchanged for other crypto assets or Fiat. In this article, i will introduce to a game changing innovative Blockchain Powered Cryptocurrency Exchange named Burstex.Burstex has taken a new dimension in Crypto Space.
The team of Burstex intends to establish a decentralized cryptocurrency exchange based on Burst blockchain. It is no longer news, how cryptocurrency mining most especially Bitcoin consumes a huge amount of energy.This have both ecological and economical implication which has attracted critics.The Team of Burstex aims to change this imbalance, they are working towards creating Burst blockchain which only work with computing power of hard disk (HDD) unlike Bitcoin and Ethereum that works with processors and Graphics Cards respectively. Hard Disk have lower energy consumption.
The concepts of Burstex blockchain will facilitate mass adoption and motivate more people.
About Burstex
Burstex is the world first decentralized cryptocurrency Exchange that operates on its own blockchain (Burst) Blockchain. It is a Crowd owned Cryptocurrency exchange , which means every profit generated from the exchange shall be distributed among the (BEX) token holders.As I did mention earlier ,Burstex has its own Blockchain which is the fastest and most secure blockchain with a very user-friendly interface. As mentioned earlier, Burst Blockchain uses Hard drive which consumes a very low amount of Energy unlike other Blockchain that utilizes processors and Graphics Card which consume energy excessively. Burstex has potential of achieving million Dollars profits from BEX holders if a small market share is being achieved.
Burst is a decentralized digital exchange platform owned and run by the community of professionals developers.Burst being a low energy consuming Blockchain system will be highly profitable for miners. It is mined using (Proof of Capacity) tech. Mining in Burst Platform is eco friendly and less energy consuming. The blockchain is highly scalable and the Proof Of Capacity Concept allows instant transaction creating huge competition to the existing blockchain system that consumes a high amount of energy.Burst Blockchain is very fast, Secured, highly scalable and reliable.
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(i) Government Policies and unlimited regulations is one among the barrier restricting some startup launching their innovative project and deter some investors investing in cryptocurrency which is allowing them missing a good investment opportunity. Burstex is a regulated cryptocurrency exchange and the structure of Burstex Exchange wouldn't allow any government or tax authority track user's transaction because of its decentralized nature. Users don't have to register their identities before they can make use of the platform.
(ii) Many Cryptocurrency Exchanges is lacking infrastructures which will enable traders benefiting maximum utilization of trading resources.Burstex will furnish their users with adequate infrastructure which will enable them trade profitably in Burstex Decentralized exchange. Burstex will provide a user friendly interface where any class of user can interact with the platform with little or no supervision.
(iii) Problem of insecurity associated to Crypto currency Exchanges is another challenges preventing investors entering the crypto space. Alreadily Burstex is a decentralized exchange , users will have full control over their assets through their private keys.
(iv) Few of the existing Crypto Exchanges offer marginl trading and they offer at lowest amount which is a limiting factor for traders as Marginal trading system is a an essential trading system neccessary to make cryptocurrencies a recognized tradeable assets. Different trading system will be made available in Burstex Crypto Exchange .Margin trade will be made available in high volumen wich will make traders profits and benefits a lot.
The underlying coin offering (ICO) or initial money offer is a type of financing that uses digital forms of money. In ICO, a number of digital currencies are sold as tokens or coins to testers or financial specialists, in exchange for subtle or different forms of cryptographic money, for example, Bitcoin or Ethereum. ICO is an abbreviation that implies the Initial Coin Offering, which is a means to increase assets for other digital currency offerings. This is like an IPO (Initial Public Offering) which increases support when other organizations venture into the stock exchange.
Roadmap
Q1 2019 - DEVELOPMENT OF IDEA
Q2 2019 - PROJECT PLANNING
Q3-Q4 2019 - TEAM BUILDING
Q4 2019 - PRIVATE FUNDING ROUND
Q1 2020 - PUBLIC NOTICE
Q1 2020 pre-sale financing round
Q1 2020 - CROWDFUND ROUND
Q2 2020 - MARKETING EDUCATION & PARTNERSHIP
Q3 2020 - PLATFORM AND RELEASE APPLICATION
Q3 2020 - FIRST ADVANTAGE FOR BEX BRAND HOLDERS
Q4 2020 - PLATFORM IS OPENED FOR THIRD PARTY DEVELOPERS
Q1 2021 - MORE MARKETING AND EXTENSION
The Burstex Team
Andy Bel - Co-Founder - Head of Marketing
Fabio Kara - Co-founder - B2B Relations Manager
Eduard Gerek - co-founder - brand development
Nikhil Sethi - business consulting and marketing
George Felicita Jr - community manager
Rodrigo Salonga Jr - Community Manager
JaeHong Seo - Marketing - Korea
Stefano Wolff - Ambassador - France
Matthew James - Community Engagement Manager
Levi Liang - PR Manager - China
Andrii Voloshyn - Crypto Economic Advisor
Honggeun Kuk - Marketing - Korea
Bonus program
Pre-Sales: 200%
ICO: 100%
Token Distribution
Andrey Romanov - marketing specialist
Maria Tokarea - customer support
Martin - social media strategist
Rado Gerek - Technical Consultant Burst
Ohager - Burst Technical Advisor
JJOS - Burst Technical Consultant
Shefas - Burst Technical Advisor
Ryan W - Burst Technical Advisor
Token Information
PreICO Start: 2020-02-15 - 2020-02-16
ICO Start: 2020-02-16 - 2020-02-23
Symbol Token: BEX
Platform: Burst Blockchain
Soft stamp: 2 000 000 USD
Hard stamp: 10 000 000 USD
Tokens for sale: 2 158 812 800 BEX
Price of Tokens: 1 BEX = 0.0035 USD
Type: Utility token
Location: Slovakia
Limited area: United States
80%: Shareholders
19%: Team
Bounty Fund Allocation:
50% - Marketing & Expansion
20% - Development
20% - Security & Maintenance
10% - Legal
Website: https://burstex.io/
Whitepaper: https://www.whitepaper.org/WHITEPAPER.pdf
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=5218386.0
Linkedin : https://www.linkedin.com/company/burstex
Twitter: https://twitter.com/Burstex_io
Facebook: https://facebook.com/burstex
Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=2573674
ETH Address : 0x647Cd0A9B5108980BF3bf3672b739376FFA167a9
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