Backed Finance By CompanyCoins
This time I will share information of a project that can allow you to support startup from the first day and get a profit when they grow with CompanyCoins. You need to know this platform has its own original utility token, called BKD, which you can use to buy a new type of asset called CompanyCoins. BKD is hosted at Binance Smart Chain, and all transactions are available in public ledgers. Interestingly, this project limits the supply of 6 million tokens, and will be distributed gradually so that the goal can support the development of the project for the future. The price of BKD will be determined in advance by the request on the stock exchange, using the atomic exchange mechanism to ensure that each BKD sold through the website is then bought back from the stock exchange. This will theoretically maintain high demand, which will increase prices and allow initial investors to take advantage. Every company in Backed has a coin. Every company on the platform gets its own coins that can be purchased and sold by anyone. To buy company coins, you simply navigate their profile and press "Buy." You can find a company profile either by looking for it or by visiting the Companycoin ranking board. Likewise, selling your coins easily. You don't need to wait for others to buy it, the system will buy it back from you.
Companycoin is a type of new asset class related to the company's reputation and the success of BKD tokens. Startup labor without needing to be invited to their investment round. When the startup is successful, gets more pressure and becomes more popular, others can buy more Companycoin, which will increase the price and value of your ownership. Because Companycoin is also related to the price of BKD, the more popular backed to and the more the price rises, the more value of your ownership in BKD and Companycoin will increase. Companycoin naturally rare. This is because more and more people buy a companycoin profile, the price of coins rises automatically at a faster rate. This is known as a bond curve. The formula for determining the price of a company's coin is a companycoin purchased and sold with a BKD utility token. Price Companycoin When you make a profile, initially there is no coin that exists and thus the price is zero.
If you want to buy a coin from a profile, it will be happy to print it and sell it to you according to the price curve above, making it more expensive because the more coins are purchased. The BKD that you use to buy coins will be "locked" in the profile instead of coin. On the other hand, if you want to sell coins, the profile will be happy to buy it from you according to the curve using BKD that is locked from the previous purchase. So buying creating a coin while pushing prices up and locking BKD into the profile, while selling destroying coins while pushing prices down and unlocking the BKD from the profile.
More Detail :
Web : https://backed.finance
Twitter : https://twitter.com/BackedTeam
ANN : https://bitcointalk.org/index.php?topic=5403653.0
LitePaper : https://backed.finance/litepaper
Linkedin : https://www.linkedin.com/company/backedteam/
Authentication
Bitcointalk Username: Jancuki
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1305012
Telegram Username: @robiawal
BSC Wallet Address: 0xCC028E8465c39c8B5D250431c82239dc7EE48a6d