The advent of Blockchain technology brought with it a lot of technological revolution spreading in every corner and industry. Although ths blockchain technology started it’s disruptive revolution with the finance industry, they are still few things it has not truly solved. The blockchain has given rise to increase in app silos, greed has also increased. People currently are more interested in how they can benefit from the blockchain and this greed has given rise to biased, inaccurate information being spread on the internet on daily basis. This is evident among publishers who publish incorrect and misleading financial news only to achieve their selfish aims without considering the implications it will have in those who read it.
Currently they are over 1000 cryptocurrency coins and more are being introduced into the market everything now and then into the already saturated market and it keeps getting difficult to keep up with most of the coins. For every financial service, there is an app that offers such service from exchanges to news, charts, analysis and so on. The problem is that while these platforms are trying to solve one problem or another’s there is no single platform that has been able to integrate all of these services into a single platform. This has resulted in increase of app silos and disjointed financial information.
BitScreener Solution
BitScreener was launched in 2017 and since then has continued to deliver an unbeatable crypto tracking solution, financial news, among other services. In just a period of 1 year it has been able to carter to the financial needs of over 1 million users. The mobile app is available on the playstore and apple store, there is also a web based platform for desktop users. Bitscreener is aiming to continue to offer these services and a lot more in a more trusted, secure way, they are integrating the blockchain technology and creating the BitScreener platform. The blockchain ecosystem will not only track cryptocurrencies but also track and analyze over 100,000 stocks globally. BitScreener will serve as an aggregator, where users can track, analyze, read about their favourite stocks and cryptocurrency. They will be no need to install multiple applications or use multiple web platforms in order to access these functions. Users will also be rewarded with BITX tokens for creating valuable and educative contents on the platform. This token can inturn be used to access different features in the platform or traded for other currencies.
Features of BitScreener
By now you would be wondering what really makes BitScreener better than the competition. The BitScreener platform is feature packed in order it carter for different financial needs of users.
Users will be able to
- Track over 100,000 stocks and over 5500 trading pairs of cryptocurrencies.
- Access verified and accurate cryptocurrency and stocks news
- Gather information from over 100 exchanges through the Bitscreener platform.
- Track the real time performance of coins, trading volume and price.
- Set price alerts for different coins and receive an alert once the coin has reached the set price.
- Find the best coins to invest in through the cryptocurrency screeners feature in the platform.
- Have access to one-click trading from within the application
- Access over 100 screening tools with filtering criteria
- Access advanced charting and technical analysis will all be on the platform, both inexpensive and professional traders will no longer have to worry about charting.
Some of these feature will be available for free, the features will be called the basic features. The more advanced features will require a premium membership in order to have access them. Premium access can be purchased on a monthly or yearly basis with the BITX token.
Advantages of BitScreener over other platforms
I will highlight some of the major benefits of the platform
- Most of the competition are yet to integrate blockchain technology into their platform, this a major point for BitScreener. With Blockchain technology, the information on the platform is immutable and it will offer a high level of transparency compared to the centralised platforms.
- Access to cryptocurrencies and stocks through the Bitscreener platform, unlike when user will have to use different platforms each for their cryptocurrency and stocks needs.
- The tokenisation of the platform will enable users to earn passive income from their contributions on the platform and fuel their creativity.
- The BitScreener platform offers a all-in-one solution when compared with the other fragmented platforms. There is news, analytical tools, trading and so on.
Token Economy
The BITX token is an ERC standard token based on the ethereum blockchain. It is the fuel that will propel the BITX ecosystem, allow content creators and consumers to exchange values. Content creators and consumers will earn points from performing different functions on the platform, like upvoting/downvoting a post, creating a well thought out article. Once these functions have been evaluated, BSP will be awarded to the user according to the contribution made. The BSP points will be converted to BITX token automatically once the user has accumulated enough point. The BITX toke will enable users to access the premium features on the platform. The BITX token will also serve as incentiving tool.
ICO Details And Token Allocation
There will be a total supply of 450 million BITX tokens out of which 139,500,000 BITX tokens will be released during the crowd sale. The private sale has ended and the soft cap of 1,000 ETH has already been reached. The private sale will begin on the 27th of June, 2018 and end on the 4th of July, 2018. The hardcap is pegged at 15,000 ETH and the minimum contribution during the crowdsale is 0.2 ETH which is considerable low so that everyone can have the opportunity to invest into BitScreener.
The remaining 69% are split into, 30% for future operations, 20% for future miners (content contributors), 15% will be reserve for the team, 4% for advisors and marketing.
Conclusion
Bitscreener has already shown what they can do with their mobile app in a space of 1 year. The app is already popular among the iOS and Android users. By integrating blockchain technology into the already existing platform, Bitscreener will be able to solve the current problems crypto and stock traders are facing.
Important BitScreener ICO links
Website: http://www.bitscreener.com/
ANN Thread: https://bitcointalk.org/index.php?topic=3354336.0
Whitepaper: http://bit.ly/bitscreener_whitepaper
Telegram: https://t.me/bitscreener
Twitter: https://twitter.com/bitscreener
My Bitcointalk Profile https://bitcointalk.org/index.php?action=profile;u=2171173
My ETH Address 0x637936125a026df6BE052742B11319A950c9Bc7c
The site offers many things and is very Kompelx.
You really get a complete solution and don't have to use multiple pages.
Which is really good!
What I'm just wondering why does it have to run on a blockchain with token base wouldn't you be more efficient if you make it central?
I am thrilled what strength blockchain has and I am convinced that blockchain the future is only is currently all blockchain called just to jump on the train each page has a suitable token.
I can't believe that people want to trade with 1000 of tokens.
Blockchain is good but not for everything you should use it where you need it..!!!
The ecosystem is really complex and as you have said, it is very good. First it has to run on Blockchain in order to make sure that the ecosystem is transparent, immutable and users can be incentivized. The token makes it possible for users to be rewarded for the contributions they make on the platform, without incorporating blockchain token system it will be difficult and rewarding users will not be as transparent.
Great job also upvote my posts
Thank you.
@cryptex if on bitscreener also peoples cotribute to content and earn points so how does bitscreeener control over fake news.
BitScreener has what is called the Content verifier module. The module uses the internal database of BitScreener and outside data to verify the source and originality of every content People post on Bitscreener. This is the first step, then they are those who are known as Reviewers, these reviewers are carefully picked and what they do is to review contents people create. This is where BitScreener differs from say Steemit, contents on BitScreener can be rejected or accepted in which case points will be awarded based on the quality of work with less point awarded to the rejected article.
@cryptrex Ecosystem powered, and blockchain, blockchain is the best platform in the world, I think now total coin 1000 cros, all coin blockchain accept,, now maximum country accept blockchain technology, what do you think??? Like comments your
I believe gradually, more countries will start to accept the blockchain technology but it will not happens once. It's something that will take a little time.
You said right, you will not end so quickly, it will start slowly on the whole world, because the blockchain is now scattered everywhere,@cryptrex
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