BBD Coin First Certificate of Deposit On Hive Blockchain

BBD Coin First Certificate of Deposit On Hive Blockchain

https://www.youtube.com/watch?v=22r99errCFE

BBD Coin, First Certificate of Deposit on Hive Blockchain

How it works?

BBD coin will act as the first certificate of deposit in the first 365 days you will receive a token supply increase of 600% How long will tokens be locked?

Tokens will be locked for 9 months following a 3 month deposit period. Intial purchased tokens will be available immediately upon purchase for trading. Hodling coins creates the most value to a token. So that's why maturity will only reach after 365 days.

Are BBD coins worth anything besides being a token dispensary? > BBD coins only value allows one to purchase over $2400 worth of ad space per token on the bitcoinmyk platform. it has a market value on an exchange that operates independent of us. It may aslo be redeemed for bitcoin myk tokens at no charge. Similar to the idea of the social token or commercial points and rewards systems of many major companies. The value is usable within the network similar to disney, amazon rewards, offers and or points systems.

BBD coin is also multichain and has a counterpart version on most major chains. This can be useful as far as moving value to many in crypto. BBD coin can occupy a special place in being both of useful payment gateway and store of value.

Why does cryptocurrency need certificates of deposit

So far the blockchain has created programmable money. The next step would be programmable interest. Also standard financial service cd's interest are very small in comparison and not competitive at all.

What happens to the cryptocurrencies that goes into the cd?

Half the tokens sold goes into the bitcoinmyk platform. A facebook like bitcoin social network that uses universal basic income to grow it's value to trillions of dollars. In turn the bbd coin receives bitcoin myk tokens that go back into their market place. It creates a continual flow of funds and velocity of money to build a network that we believe can scale to billions of users.

Is BBD Coin a Security? > BBD coins are redeemable for Bitcoin MYK tokens. As far as we know we'd consider bbd coins more like a rewards token or bonus token with intrinsic value that allows owners to promote themselves and ads on our platform. As far as where the proceeds go. They go into a universal basic income token that although we're not securities attornies if they turned out to be in some violation of securities laws. the status of Bitcoin MYK has been planning in the near future to apply for nonprofit organization status. In the sense we operate similar to one now.

So as far as we know there is no indication we are. However always consult a legal professional before investing in a project if you're not sure.

How much will i be able to sell BBD Coins for?

This project can only supply an appreciation of tokens on par with what presumably the market price can yield.. We can not control the market or set prices as the market distribution and ownership grows and changes hands daily. We can only affirm to supply a 600% increase in tokens per annum until that rate changes.

Will the token value increase?

Although we can't confirm or deny it will. The platform where the token proceeds go to seems to be on an exponential growth curve. If Metcalfe's law is correct and if the connection points and size of a network is directly relational to the value of the network. It would seem atleast under metcalfe's law the network is becoming more valuable.

Why Hive Engine on the Hive blockchain?

We feel hive presents a much more attractive easy wallet as well as, close to zero fees on transactions. So the fees on hive are far cheaper than any ethereum forks or comparison to other chains.

When will bbd certificate of deposits be available.

They will be available later this month in January. A snapshot will be taken on all BBD Coin holders and will last from the months of January to March. March of 2023 the tokens will mature. Keep in mind intial tokens you purchase will be immediately available for trading. No bbd certificates will be able to be purchased after March.

Will BBD Coin 10,000x like Hex Coin?

We can only say that tokens held in staking will be returned with an 600% increase in tokens. BBD Coin is a completely transparent project. The origin wallets will be completely transparent as well as where every transfer goes.. Also keep in mind that bbd coins will be redeemable for btcmyk tokens, transactions almost zero cost to transfer... in a community with a long history of being solid and standing.

It would not surprise us based on the nature of the project to see it do incredible returns.Although no one really knows what the market will do. There are only about 32 million BBD coins to date.The supply is far less than hex so if the project received a fraction of hex's performance the price may do well. Although as a disclaimer you should only purchase what you can afford to lose as well as only purchase for the express purpose to spend the tokens on marketing and advertising as what is it's use case.

Why does the Hive Blockchain Need This? > The best performing cryptocurrencies have been as stores of value. Hive has excelled in being an inflationary cryptocurrency. This is often times counter to being a good store of value like bitcoin. So bbd certifiicates of deposits could allow the hive blockchain the chance to now have the opportunity to experience a function such as this. Questions?

Leave a comment or contact us on bitcoinmyk.com

Posted Using LeoFinance ^Beta