DEFI - Boom Crypto Market

About Project Ideology

Boom Crypto Market is a fast rising Defi project, with a professional marketplace and cryptocurrency asset listing and IDO platform powered by a native token BCM. The project is aimed at bringing absolute transparency, trust and decentralization to the blockchain and cryptocurrency space, a professional platform that bears trust through a smart contract that allows both services providers and buyers to execute contracts without trust issues.

PLATFORM & TOKEN UTILITY

As a platform that provides a marketplace to help service providers supply services to customers on trust while also helping service buyers to get the service providers, BCM token which is the base token powering the Boom Crypto Market platform will be used for fee payments for all transactions carried out on the platform.

Buyers and sellers of services can decide to pay or receive payments in BUSD, BNB, MOR, or BCM. Transaction fee will be paid in BCM, BNB, BUSD or MOR depending on what the user chooses. These fees will be used as rewards on the staking platform and for liquidity providers.

BCM token can also be used for payment for services offered on the marketplace; for example professional adverts, project adverts, promotions and any other value added services offered on the platform.

Other cryptocurrencies like BUSD, BNB, MOR and are currently being integrated including fiats will be available for deposit and swap against BCM on the platform to be used for transactions and processing fees.

We believe there are a lot of corporate bodies that lose funds annually to both frauds and unprofessional service providers, Boom Crypto Market platform will drastically eliminate these loses while ensuring customers are satisfied with service provided to them. Boom Crypto Market presents a whole new level of blending trust and satisfaction all in on one platform, and there’s no sector that is exempted.

THE JURY (Governance): As a platform that will cater for different types of personalities around the world, we believe there will be moments when we could see some disputes and may need a resolution on both sides. Our platform will have a mechanism known as the “Jury” similar to that of a court, in the case of a dispute the smart contract will move the fund release authority to the “Jury” who are categorized by the amount of liquidity provided on the platform.

Boom Crypto Market TOKENOMICS - Business Model