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: S
The 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: A
The 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.

Strength and Opportunities:
The combination of supernodes, and using trading commissions to repurchase and burn BGG tokens should create a strong underpin for the token price. The project has attracted a large following through its proof-of-care program. The Telegram group now has over 80,000 users.
Weaknesses and Threats:
Several aspects of the business model are missing from the whitepaper, including technology and governance. The team does not have experience building or managing a trading platform or exchange. Governance is a serious concern with this project. As per the information that has been provided, there is no way to know if trading commissions or BGG tokens will be used as indicated. It is not clear that Bgogo has anything unique or proprietary to protect any market share it may achieve. The first exchange to rebate trading commissions to users was FCoin, which rebated 80% of those commissions. Bgogo is rebating 105% of trading commissions. This will give it an edge until another platform offers an even more generous rebate.
Verdict:
The hype factor means the exchange will probably attract a lot of new users when it launches. The long-term outlook is uncertain as governance may be a concern and there is no way for the exchange to fend off competition from similar platforms. BGG tokens are sure to offer trading opportunities in the short to medium term, but investors should be aware that the business model will be vulnerable to competitors in the long term.