GIVE IT TO THE MAN, MAN.
CHARGING HIGH FEES AND SH*T.
DEX’s are the future...so some think.
Today’s review is of BridgeCoin.
Let’s dig in..
BridgeCoin (ticker: BCO)
Wtf is this shit?
Bridges are quite expensive, and BridgeCoin hopes to change that. In developed countries, we are fortunate enough to utilize the luxuries that bridges offer: they connect our nations as one, allow us to enjoy beautiful views and landscapes, and force us to pay expensive tolls.
Other countries are not so fortunate. Many under-funded nations are not fully connected and their citizens never get to meet face-to-face. They actually use well designed trampolines and human-sized slingshots to transport goods over large bodies of water.
Fear no more! We bring you - BridgeCoin, the ultimate funding solution for bridges using next-gen blockchain technology...
OKAY KIDDING….this was a total joke that we wrote for shits.
BridgeCoin (BCO) is a mineable cryptocurrency launched by the the CryptoBridge team. BCO also includes PoS where holders can stake...the longer you stake, the more rewards you can get..in other words, you can select to stake for say 12 months versus 6 months, where you will get a larger stake bonus.
The team is publicly mining BCO along with the community to fund their efforts.
As mentioned, BCO is really there to fund the CryptoBridge project. CryptoBridge is a decentralized exchange (DEX), based on the Bitshares (BTS) network...touting 100,000 transactions per second (TPS) but again, is primarily used as a means to fund CryptoBridge efforts. They have a clean UI and have hundreds of crypto's listed. All CryptoBridge transactions are recorded to the BTS blockchain.
Here is something pretty cool. 50% of CryptoBridge’s profits are distributed to BCO stakers. BCO holders actually receive each coin traded on the exchange as the reward, it’s not all converted into BCO or some other token. You can build up quite a diversified bag just from staking BCO.
They DO NOT have a whitepaper that we were able to find. They claim they did not ICO and offer nothing, so no whitepaper... Alrightt... Overall, we then assume that BCO is really a funding effort, and the technology breakthroughs are focused on the CryptoBridge DEX.
There you go, BCO is CryptoBridge’s coin/funding solution and holders can get a share of CryptoBridge’s profits.
Who tf is behind this shit?
Anonymous :/ you can chat with some members on their Discord though.
All in all, mid-tier shitcoin, it’s really used to fund CryptoBridge, so the success of that DEX may affect the price of the coin. Let’s see!
Hope you learned some shit and be sure to follow our Twitter!
- Mike and Aaron