The growing interest in blockchain technology has aroused interest in rampaging ICO and cryptocurrency in general. The past few years have seen the crypto market cap rise to an all-time high of $ 835 and have become a major financial asset. When people continue to join the revolution, they are still others who are skeptical and reluctant because some of the areas that we have not seen improve the blockchain application. Some who have joined in only have a bitter story to tell because of several accidents they encountered.
Based on this, [Buzzex] is here to solve transaction accident problems. Buzzex provides users with a digital asset security feature. Buzzex never keeps member ownership in “hot wallet”, but keeps it in cold storage. In order to keep member accounts secure, Buzzex has integrated 2-FA verification to perform functions such as sign-in, account details changed, trading, and withdrawals.
Buzzex believes that cryptocurrency is the future of online and business payments. Providing features that will help grow the cryptocurrency ecosystem is the main goal of Buzzex. Buzzex was built from scratch to become the world’s largest digital asset exchange. To achieve this, Buzzex has created a unique system that provides power to traders through trans-fee mining arrangements; giving them discounts of up to 100% on trading costs, giving them prizes with more digital assets in the form of daily dividends to grow their crypto portfolio and giving them weekly water from ACT that generates dividends.
To recognize platform users, Buzzex will distribute a large portion of 80% of revenue in the form of daily dividends. Buzzex is home to Buzzex Coins (BZX), which has several uses. More about BZX will follow the upcoming section.
People who have at least 20,000 BZX will get daily dividends from the trade costs obtained by Buzzex. Dividends are paid in all base currencies from the Buzzex exchange and through other dividend income tokens. People who hold more than 20,000 BZX will get more dividends, based on the number of coins they hold.
BZX is a utility coin built on the blockchain itself, which can be used for various things inside the Buzzex Platform and beyond. The main purpose of BZX is to be the number one coin used in the world. Following are the Buzzex Coin specifications:
- Initial Supply: 750,000,000
- Block Size: 2MB
- Block Time: 60 Seconds
- Transactions: 154 Tx / Seconds
- Mining: Proof of Pegs (POS)
- Block Reward: 50 BZX Per Block
- Prizes: 60% Masternodes – 20% POS – 20% Governance
- Masternode guarantee: 10,000 BZX
The main purpose of BZX is to be the number one coin used in the world. For this, we need to have a kind of inflation rate. We have set an inflation rate of 3.5% in the first year which then gradually decreases every year. Thus because the supply of BZX grows every year, the percentage of inflation will decrease every year too.
BZX can be used on Buzzex Platform to:
- Get up to 100% discount on trading costs
- Exchange for all other coins on Buzzex Exchange
- Choose a sound to get new coins
- Get daily dividends
- Receive weekly lottery from ACTs earnings dividend.
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