BITSCREENER: A Personal Review

in #ico6 years ago

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As the cryptocurrency buzz continues to spread across the board, the ripples it creates are being felt by all and sundry. While many people argue that digital currency isn’t adding any real value, the overwhelmed majority who are overnight crypto millionaires have discordant views. As the debate continues, there are gaps that need to be bridged. Take, for instance, the chasm created by snags such as improper information coordination, community content data management system, undefined profit-sharing formula, among others need to be fixed. Well, the good thing is, BitScreener has introduced a platform to effectively deal with them.

BitScreener Solution
BitScreener is financial solution which underlies the capabilities of blockchain technology to create an incentivized platform that solve critical blockchain-related issues. The system leverages advancements in content delivery and crowdsales, incentivizing them to improve system effectiveness. Based on a highly active community, BitScreener uses reward systems to improve fairness among users, eliminating the undefined profit-sharing norm.
Built to accommodate crypto and stock markets on one robust platform, BitScreener adopts voting style which can be scrutinized by community members, thus ensuring that information put on for public consumption is unbiased, original, of high quality and authentic.

How BitScreener Runs on OS (iOS app, Android app, and browsers)
Technically, BitScreener was developed to run on a cross-section of platforms. From iOS App to Android App or even web browsers, BitScreener displays crypto and stock market data which any trader or investor can effortlessly access and analyze. The graphical display of information in constant haphazard movement represents technical indicators and overlays. The commonest indicators and overlays displayed include Bollinger Bands, SMA and RSI. These indicators and overlay help traders in more ways than one in making informed trading decisions.

With unlimited access and analysis of BitScreener on these those platforms, traders can monitor the market, know when to invest, observe the trend, know where to invest and when to sell their cryptos and fiat currencies. BitScreener offers yet another rare opportunity to traders who access the internet using iOS app, Android app and browsers, trading on the go

** Here’s How BitScreener proves to be a working Product**
Just like flies, ICOs are flying all over the crypto space, making it pretty uneasy to separate the wheat from the chaff. Although there are lots of ICOs in the crypto sphere, BitScreener is a top pick due to certain features it boasts. Let’s briefly analyze these exciting features:

  1. Problem-solving platform: One unique feature that will make existing platforms and business models to stand the test of time in the crypto industry is their ability to solve a major problem bedeviling the industry. Yes, this is a functionality that clearly sets BitScreener apart from other platforms in a big way. BitScreener will effectively solve the issues of split stock and crypto platforms, unreliable information, fragmented financial data platform and communal content management, undefined profit-sharing formula

  2. Feasible business model: Apart from being a problem-solving platform, BitScreener offers a feasible business model. Indeed, the business models proposed by many ICOs out there are not workable, leading to an outright collapse in no distant time or investor apathy. Keep in mind that US Securities and Exchange Commission (SEC) didn’t tag some ICOs pump and dump for no reason. Truly, the reason US SEC did is simply that the some business models are not only flawed but also appears utopian by design. As regards BitScreener, the business model is defined with a SMART Roadmap. As an investor, this should reassure you that you are about investing in a platform with prospects of enormous proportions

  3. Experienced team configuration: Many investors out there look out for high-quality team configuration before investing in ICOs. Make no mistake; nobody wants to invest in an ICO peopled with crypto greenhorns. Yes, it is a red flag that you must avoid. But when it comes to team configuration, BitScreener’s 10-man team of accomplished technocrats is all the ecosystem needs to deliver the amazing platform users enjoy today. With their reputation, experience and track records, these accomplished academia, computer nerds, data analysts and finance czars are ready to go out of their ways to ensure that the objectives of BitScreener are met within the timeframe

  4. Bounty Program: BitScreener’s tokenomics ensures that provision is made for a bounty. With 4% of 450,000,000 BITX or 18,000,000 BITX partly designated for bounty program, this will just be good enough to encourage active community engagement. With a sizeable percentage of these tokens allocated to writers and consumers as rewards with a view to motivating rich content development, every community member will get involved. The long-term implication of this is that the ecosystem will be filled with lots of rich contents, making BitScreener a must join!

Unique features of BitScreener
In truth, it will be near impossible to convince investors to key into an ICO project without some unique features. Literarily speaking, it will be easier for an elephant to pass through the eye of a needle than to get investors to put their monies into such ventures. Do you wish to learn about features that make BitScreener outstanding? Alright, we will walk you over them.

• Blockchain-powered content system: BitScreener has successfully implemented a blockchain-enabled content system. This is particularly unique, given that it is a rare functionality out there. While all the major social media run on API-based content sharing and communication architectures, BitScreener platform underlies Ethereum smart contracts for effective communication. The seamless union of blockchain end, content part and end part makes it just mind-blowing. There are also subcomponents such as of BitScreener Point (BSP), Content Distribution, BitScreener Token, Blockchain network, community managers, content distributor and BitScreener’s API working seamlessly to give an end user an awesome frontend interface experience

• Display on a wide array of platforms: Another unique feature that BitScreener is bringing to the table is redefining the way that users access and analyze stock-crypto data. Being able to run on a wide array of platforms (iOS, Android and browsers) smoothly, BitScreener demonstrates its uniqueness. Volumes of trades, maps, graphs, and tables can be easily understood and referenced (if the need arises). Furthermore, BitScreener will compile and aggregate news on these aforementioned media, making it first of its kind. The indicators and overlays have a crystal clear display on the screens of the devices on which the applications run on. The alert or notification tool for real-time market price changes also runs on those platforms perfectly. What else can a user possibly ask for again?

• Mining in the form of content contribution: BitScreener is fashioned in a way that mirrors Bitcoin mining. Just as miners get rewarded with Bitcoins, here writers get rewarded for their efforts in writing relational and engaging content for the consumers (readers). Typical of Proof of Work (PoW) consensus algorithm in Bitcoin, where miners solve a mathematical puzzle using lots of computational energy, BitScreener leverages this incentivized algorithm, giving writers a rare opportunity to share their knowledge with the readers and get rewarded for it. Suffice it to say is that community members will vote for the best well-researched contents published by the writers. Voting is done in BSP but will later be converted to BITX. This will encourage community participation and engagement. This reward system is called Proof-of-Knowledge (PoK). Furthermore, 20% of the system BITX will be reserved for reward and will be circulated among the beneficiaries in a period of 15 years

• Using BITX to subscribe to premium features: Unlike similar ecosystems where users use fiat currencies to subscribe for certain premium features, BitScreener allows users to subscribe to premium functions using BITX. Take, for instance, users of iOS or Android apps can subscribe for online real-time market price changes notifications using the token. Over time, the ecosystem is expected to grow and more apps will be added. When this happens, subscriptions will be done using the tokens. Also, researchers can write informative content about anything and sell it to consumers who will pay for it using BITX

• Content Verifier: The content verifier is a component of the larger Community Data Manager. Primarily, the content verifier is the tool used to test for plagiarism or a plagiarism checker. If a writer posts content, ordinarily, the writer is supposed to be rewarded for the post. But when the content verifier tests for plagiarism and it happens that the content was copied, the content thief won’t be rewarded. Instead, the original source will be identified and the writer will be rewarded. So, the content verifier ensures that all contents shared on the ecosystem are devoid of plagiarism. With this feature, content theft, which is a heinous crime in content development industry, will be completely eliminated from the ecosystem

• On-chain Conversions: There are two things to pay attention to, BSP and BITX. While BSP serves as a linking bridge, BITX is used by consumers to pay contributors. BSP determines the number of BITX the content developer will receive. BSP is similar to upvotes on social platforms like Quora or steemit. Just like BITX, BSP can also be used to pay for premium services in the ecosystem. BSP measures user’s contributions

• Reward Division: When a new content is approved by the system for onward publication, the content writer gets rewarded for the work. Rewards come in BSP. Afterward, the BSP can be converted to BITX. If the community likes the content, it will receive more upvotes from the members. This translates to more rewards to the writer. Well, the reward system is designed in way that both the consumer and writer get rewarded for the content, but this will be done using a particular formula. For example, while 70% of the entire BSP goes to the writer, the voters get 30% of the system reward. The division formula is set by BitScreener, thus eliminating undefined profit-sharing formula.

Use of BITX in BitScreener Ecosystem
Bravo for reading to this point! Now, let’s let you in on what BITX is used for. BITX is the token used in BitScreener platform and in this section of the BitScreener review, I will briefly discuss the use of BITX on the platform.
• Rewards: One of the key functions of BITX is for reward purposes. Yes, writers share their intellectual property in the community and other members will read it for learning purposes. As already explained, after reading it, they will vote. The upvotes are converted to BSP. The BSP will then be converted to BITX. Finally, the system rewards the writers using the native tokens, BITX. Content consumers pay for the services of content contributors using the BITX when it sold to them directly in the ecosystem. Transferring BITX from one person to another is usually fast and free of charge
• Paying for premium services: Another crucial use of the BITX in the BitScreener ecosystem is in paying for premium services. Instead of using fiat currency such as the US dollar, you can actually pay for certain services such as online real-time market price changes notification or alert using the BITX. Subscribing for services using the token is usually cheaper

My Experience as a User
After downloading and using the app for a couple of months to be sure it delivers all the promises that came with it, I must admit that my expectations were surpassed. It worked perfectly on my Android phone, displaying the clear charts and Bollinger Band to help me know when to and when not to trade. BitScreener makes trading on the go not just another sales gimmick but something I tried and it worked for me. Some features redefine the app for me: cool design, manageable news feed, and awesome price analysis. I am rating it a 4.7 out of 5!

How to Buy BITX in BitScreener’s ICO
If you are a crypto investor, being a part of BitScreener is a must for reasons I have already shared with you. Don’t miss this opportunity to redefine your future by investing in BitScreener. To buy BITX, click here to get started.

Conclusion
BitScreener ecosystem is developed to solve some of the inherent issues in the crypto world. Therefore, investing in it will be a great business decision as it will definitely stand the test of time, given that the business model and smart team behind are just unbelievably awesome. A huge demand for the BITX tokens is expected to brew and the value will rise as such. To find out more about BitScreener, click these links; website whitepaper telegram twitter facebook

Author - Coltpython
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