BYCOIN

OUR WHITEPAPER

Whitepaper

Bycoin, Future Begins

NFT based System BNB Mining system

Cryptocurrency, an inexorable innovation for world’s economy especially when prevailing pandemic has forced the industries to promote the use of digital currency. Typically, Digital currency is used as a payment gateway for online transactions but some people do think it as security risk. So, it is important to choose right platform for such transactions and Bycoin is there to fulfill all of your demands with loyalty.

Similarly, there is a need to understand how the use of blockchain or Ethereum boost up the working of any platform like Bycoin. Blockchain consist of digital blocks that are connected with a chain (like a real chain) which minimizes the chances of tampering. Blockchain has a massive impact on economy and to handle this big boom it is important to have education, experience and contacts to make decisions which will bring positive impacts. You can get education, experience, contacts and many more via blockchain events.

Bycoin is a system where loyalty, trust and security is fully guaranteed and a strong bonding with the partners just like a gorilla. Gorilla is set as a mascot or trademark because all of his traits are the core foundation of Bycoin platform. Such characteristics include strength, intelligence, loyalty and sturdy relationship with the family.

The developers aims to provide best quality service to the community and is always there to help the users. Bycoin is a place where “future begins” all your demands will be handled with great trust and loyalty.

Bycoin | Main Characteristics

From an implementation point of view, Bycoin facilitate other systems’ data processing by transforming complex data into data sets and then extract NFT tokens out of it. NFT (Non Fungible Tokens) is a branch of blockchain which is more secure as compared to a digital currency. Cryptocurrencies leverage blockchain science to acquire decentralization, transparency, and immutability where as NFT is Ethereum blockchain based and if you trade NFT you will get totally new token which proves that hackers can never track your path. NFT is highly unique and non-interchangeable.

NFT is a special type of token with several possibilities, ERC-721 standard is used to develop such tokens. The prescribed protocol facilitate Bycoin in transforming complex data into data tokens, consequently gave life to data assets. Lastly, the data assets enables data wallets, data exchanges and data co-ops by holding Crypto wallets.

 

Our intellectual team develop their own token algorithms which generate NFTs itself.  Our system is determined to maintained liquidity system i.e.  200 BNB were already added when the tokens were created and 10% liquidity will be added automatically with full liquidity and Dev locked contract system.

Basically, Bycoins’ tokens are listed on BCS scan where you can track, confirm and verify your transactions that are taken place on the exchange (BSC). BCS Scan is a search engine not a wallet, it does not store any private keys and it not operated by its developers. Moreover, liquidity pool of Bycoin is fully locked using CRYPTEXLOCK until 2022 and it will be automatically renewed, annually.

Remember, our token is fully verified on BSC Scan and soon Bycoin platform would be listed on COINMARKETCAP / COINGECKO. BSC Scan is the main blockchain explorer of Binance Smart Chain (BSC).

Bycoin | Structure

NFT has become a latest trend after digital currency and Bycoin owns one of the efficient NFT systems in the market. For every transaction 10% tax is charged. The collected tax is 100% returned to all of our valuable holders. This indicate that with every sale and purchase that is aided with our contract address, every user receives a pre occupied portion Bycoins’ tax. This verified token system act as prove of our loyalty for our holders and the tax transfer system is fully automatic with no chances of errors. The liquidity of Bycoin holds over 90% of the market cap. The contract used is verified on BSCSCAN with 100% completely dev locked system.

Bycoin | Tokenomics

1,000,000,000,000 BYCOIN is the total supply of Bycoin which are distributed as;

Ø  80% of the total stock of tokens are already available for sale and fully locked via cryptexlock to avoid any unauthorized access.

Ø  10% of the total stock is used to pay future expenditure like E.G. servers and hardware. 10 % of it is allocated for our DEVS. Our customer support team guide for any amendments in the system as they directly linked with our holders via telegram.

Ø  Remaining 10% of the supplies are used to promote Bycoin. Marketing expenditure is also extracted in this section that would be utilized for the maintenance of social media accounts.

Bycoin | Manual Burn Plan

It is important to control the supply of tokens which is only be managed through proper planning of manual burning. It refers to transferring the tokens to non-physical address. After a comprehensive meeting with our investors and partner, we agreed on the following plan.  

TOTAL BURN: 100,000,000,000 BYCOIN (10%)

Ø  09/01/2022 - BURN: 25,000,000,000 BYCO (-2.5%)

Ø  10/01/2022 - BURN: 25,000,000,000 BYCO (-2.5%)

Ø  11/01/2022 - BURN: 25,000,000,000 BYCO (-2.5%)

Ø  12/01/2022 - BURN: 25,000,000,000 BYCO (-2.5%)

It is four month plan in which a number of BYCO 25,000,000 will be burn at the start of every month. Later on, burn plan for 2022 will be develop according to the market situation at that time and consultation will be taken from our valuable stakeholders. We will publish new burn plan for the year 2022.

Bycoin | Marketing strategy

We aim to adopt an effective marketing strategy so that our token holders experience a smooth transaction behavior. They will be updated with our latest developments via social media accounts. Bycoin understand the importance of marketing campaign at this initial stage of our launch, proper paper work has been done to ensure that the right strategy is formulated plus deployed at the right time. Some Short and long term campaigns are discussed in the later section.

We are already listed on the leading exchange platforms and block explorers working in the market like BSC Scan and soon to be listed on.

Ø  Coingecko (towards the middle or end of June)

Ø  Coinmarketcap (towards the beginning of July)

Ø  Coinhunt.cc ( already added in June )

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The collaboration does not end here we will continue to track our success. Support of community plays a vital in this section as their votes can help us to be listed on various other prominent platforms.

·      Short term Marketing Campaigns

Your future is ready to solve your problems, as for a successful launch of Bycoin we have set up social media accounts on Instagram, twitter, Facebook to keep people updated. Paid promotion is another campaigns which are already taken place. All this will help to uncover new areas and the loop holes which needs to be concentrated or corrected.

Furthermore, we continuously trying to have new partners for more corporations it will strengthen the chances of growth and new people come up with new ideas and skills. Our marketing department is already in close contact with several companies that offer "ask-me-anything (ama) sessions" for example. We plan to schedule our first ama session for our community in the medium term. It will help to develop a strong relationship with the community plus it will sort out all any confusions or problems in users’ mind regarding our system. Till now no exact date is confirmed but soon we will inform you about the session.

We are constantly evaluating our strategy to make it more effective for the successful of Bycoin. Several new techniques are on the way.

 

·      Long term Marketing Campaigns

The current long term plan is to achieve o goal of 250 partners. We are confidently working on the system and satisfied about whatever we offer to our partners plus also maintain our quality in the long run. Our team is planning to take live sessions at several times a week to inform, guide and motivate people and also solve any queries about Bycoin. Basically, in live calls our team will introduce themselves and will introduce Bycoin via detailed question answer session.

For promotion, paid banner ads will be published on famous search engines such as poocoin, BSCScan, coinmarketcap and other platforms. Our team is planning and analyzing all the related costs and benefits.

An attractive goal of 2500 holders will not only allow us to apply for verification on Trustwallet, Metamask and Pancakeswap but also new members will be willing to join Bycoin. With reaching the 2,500 holders as well as the 5,000 members, we will again start a big marketing campaign - with known influencers (with a total of 5 million subscribers), paid advertising banners and google-ads on crypto-specific news sites.

Bycoin | Road Map

We have achieved all of the plan for the first 3 quarters of 2021 and on our way to achieve the goals of last quarter as well. Following are the goals of Q4 of 2021.

 

ü  Reach a market cap of $10,000,000,00

ü  Deposit of 1000 BNB on LP pool

ü  Reach 10,000 + holders and investors

ü  Achieve liquidity with more than 1000 BNB

ü  Bycoin  generate first NFT MINING SYSTEM

ü  Connection of our digital NFT conversion

ü  Be listed on Coinsbit and hotbit

 

 

 

 

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