The world is changing. Technology has evolved. People (especially millennials) choose to become innovative and creative to improve our lives. Speaking of innovation, one of them was by accepting physical goods through electronic payments. Of course, it does exist in the form of using payment processors. Now there’s Bitcoin and other emerging #cryptocurrencies who are making our lives better. Not only we can buy physical and digital goods with them, but they grow in value more than the fiat currencies today.
We all know that new tokens are released day by day. Almost all of these #altcoins introduced in BitcoinTalk Forum are having greater potential to succeed in the next few months or years to come. Each of them are having their unique projects that would help improve the lives of many people who took part of it.
For now, there’s one new #cryptocurrency that I would like to discuss today. It is something that can potentially grow in the near future despite the other emerging tokens in the past, present and future. Without further ado, I would like to talk about an upcoming fully-compliant #ERC20 token known as the #BOLDToken.
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First and foremost, what is BOLD Token?
#BOLD Token is a token powered by the Ethereum platform (ERC-20). We all know that these cryptocurrencies are accepted as medium of exchanges like the traditional fiat currencies. BOLD tokens are simply just like them, which can be accepted for buying physical and digital goods or services in the near future. The only difference of this token compare to others is their low supply with a total of 7,777,777 only.
You can visit their official website here: http://www.boldtoken.io/
Why is it that BOLD has a low supply of tokens?
We all know how essential it is to let these tokens grow in value for months and years to come. It is why the team decided to limit the number of tokens to just 7,777,777 for it's value to potentially grow in a significant way.
Here are the specifications of the BOLD Token:
Contract Address: 0x7cdEC53Fe4770729dac314756c10E2F37b8d2B2f
Symbol: BOLD
Decimals: 8
Total Supply: 7,777,777 tokens
Around 85% of these tokens will be distributed to the participants (including airdrops and bounties). Another feature that I liked about them is no other than the BOLD Rewards. On the 25th day of the month, there’s a snapshot to be taken to all token holders will receive 7% of their total holdings in their respective addresses. However, on the 28th day, you should have at least a minimum of 777 BOLD tokens from the day the snapshot happened to qualify for this reward. These rewards will be paid until all of the tokens are distributed. Around 20% of these tokens will be reserved for BOLD rewards.
How does BOLD token distribute to the participants?
Airdrops is the initial token distribution of BOLD token. The initial airdrop of this token is at 60%, and it has 3 phases from the 23rd to the 30th of November 2017. Per airdrop, participants will receive 777 tokens each. There will be a total of 4,662,000 tokens to be distributed in the airdrop phase (1,554,00 per phase). They also have a bounty campaign program, which gives you the opportunity to get more tokens for becoming a participant. You can write a blog, record a video, translation, social media, etc.
What are the compatible wallets of BOLD token?
Since it uses the Ethereum platform, the compatible wallets are MyEtherWallet (MEW), Metamask and Ethereum.org.
What exchanges can we buy or sell BOLD token?
For now, you can exchange BOLD token on UbiTok.io. Pretty soon, you can exchange this on Yobit and Etherdelta. If it’s possible on Cryptopia, Poloniex or other exchangers, it would be great too. However, it’s their call whether to expand to other exchanges aside from these three.
You can follow BOLD token through these platforms:
Twitter - https://twitter.com/theboldtoken
Telegram - https://t.me/joinchat/DEB2t1IgG7ZPCydkvnkMww
Discord - https://discordapp.com/invite/pdceHeu
In Telegram alone, I’m impressed with the token developer’s passion to give great updates to all of the participants like me. Communicating and connecting with another is essential to become successful, and BOLD token is just one of those who definitely care for us.
Moving forward
I believe that in the near future, I can see that this token would emerge as one of the top altcoins later on. Not only that, I envisioned that the token itself would be accepted by major traditional and online stores worldwide for physical goods and services. There’s no doubt that the value of BOLD will grow exponentially.
I know when it comes to emerging tokens like this, there’s always a risk. However, greater risks comes greater rewards. As long the BOLD team fulfills their mission to make a difference, the project would become successful in the future.
Thank you very much for reading. :)
My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=254229