Bgogo supernodes are elected from the top 21 accounts in BGG holding position on a quarterly basis.Supernodes are entitled to “one vote to list” and “commissions” (Share 20% trading fees. Please refer to BGG for details).
Attention. There is a risk that unverified members are not actually members of the team
16-July. Aleksey: Participated. The project is interesting, the exchange where you can vote for the listing of tokens.
Despite good things like trans-fee mining, supernodes and a daily buyback program it is a risky exchange as this trans-fee mining model is the fact it is nothing but an 'ICO in disguise' and that too a very risky and expensive ICO, as in ICOs we pay Ether and get tokens and similarly we are paying BTC or ETH in fees to these exchanges and they are giving us tokens. It is a highly risky trading model and only those traders who understand the risks associated with this model should trade on this exchange because your investments can multiply 100x or you may suffer significant losses but if you join this exchange early when it gets launched, you may get BGG tokens at a low price which would minimise the risk and it may give good returns when volume starts picking up.
For flipping: SThe supernodes have paid a token price higher than the public, so there’s no dumping pressure from large holders due to different pricing tiers. This pricing strategy is unprecedented and we believe it sets a great example as to how pricing for ICOs should be done. If the project is good, the opportunity for a bigger allocation is the bonus already.Half of the BGG tokens held by supernodes will be unlocked on the first day of token listing. However, we believe the vast majority of the funds are not in a hurry to liquidate their BGG tokens, otherwise they risk losing the supernode status.Therefore, we believe that there wouldn’t be much selling pressure in the beginning. Combined with the low initial token supply and trans-mining hype, BGG tokens should perform well right out of the gate.For long-term holding: AThe long-term success of BGG token hinges on whether the exchange can generate traction beyond the initial hype period. Almost all the value of the Bgogo exchange platform is accrued to BGG tokens instead of equities, so if Bgogo does well and becomes a top exchange over time, BGG tokens should perform well.Given the team’s strong background and commitment to the public community/smaller investors, we believe Bgogo has a good chance to succeed.
From the first glance Bgogo is just yet another crypto exchange. But what makes them different is their decision to give each supernode a privilege to add a crypto asset to the exchange. The current situation shows that the idea works. Serious projects from crypto world bought 30+ million BGG tokens (500 ETH equivalent) each to become a supernode. The team is excellent, hype is more than enough. Even considering slightly complex public sale scheme, the project is really promising.What if you could add a crypto asset of your choice to the crypto exchange? Big crypto industry players like the idea.
This offer is based on information provided solely by the offeror and other publicly available information. The token sale or exchange event is entirely unrelated to ICOholder and ICOholder has no involvement in it (including any technical support or promotion). Token sales listed from persons that ICOholder has no relationship with are shown only to help customers keep track of the activity taking place within the overall token sector. This information is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice or carry out your own due diligence before taking, or refraining from, any action on the basis of the content on our site. Any terms and conditions entered into by contributors in respect of the acquisition of Tokens are between them and the issuer of the Token and ICOholder is not the seller of such Tokens. ICOholder has no legal responsibility for any representations made by third parties in respect of any Token sale and any claim for breach of contract must also be made directly against the Token issuing entity listed herein.
If you have any concerns about the nature, propriety or legality of this token sale or the persons involved in it please contact [email protected] with detailed information about your concerns.