BASE REWARD ECOSYSTEM;A DECENTRALISED VIRTUAL MARKET PLACE BUILT ON BLOCKCHAIN TECHNOLOGY

queentee (31)in #brt • 4 years ago (edited)

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INTRODUCTION AND DIFFICULTIES IDENTIFIED
Cryptocurrencies and Block chain technology was developed and it serves as a source of enhanced innovation which includes the possibilities to amend and adjust the way in which we connect and interact through the interface of financial environment. Blockchain technology performs the role of connecting enterprises and end-users by the means of effecting a universal,accessible, distinct,and an online interconnected network transactions,existing as a comprehensive store in a shopping place.
Digital currency is conceivably a credible resource funding,a user friendly interface,a high level of safety standard,with a low fee for gas.
In reference to the connection between the manufacturer and the end-user, the end-user is of the option that commitments is usually not rewarded in return and they mostly are not included during logical process of reaching a resolution. Hence only those at the helm of affairs, stand the chance of been at an advantage.

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*THE OBJECTIVES*

Base Reward Ecosystem is aimed and designed to generate a structured and functional interchange that is economically sustainable,built and founded on Blockchain technology.
Base Reward network aims at integrating digital currency, Blockchain technology with various commercial activities or operations situated at a precise location with the objective of consumers receiving bonuses for their dedication, as well as being participants at the process of distributing proceeds and at the point of implementing decision. Hence the consumer will experience growth in policy with less or no unfavourable circumstances regarding portfolios, which will also results in corresponding boost on sales and deals for every payout and procurement effected via the Ecosystem.
Base Reward Ecosystem is designed in such a way to evaluate the volume of token held by individuals and the benefits assigned to each holder. This process is controlled on Binance Smart contract via staking Protocol (PoS). An effective benefit for holding BRT is built through crypto-economic incentives for proof stakes (PoS). This simply translates that if holders of BRT stakes their token on BRT smart contract, it will result to accumulating and gaining more BRT token as benefits. This however will be calculated on the basis of the amount of token each holder stakes in the pool. As well benefits will be received for each purchases effected on Base Reward platform.
Every holder of BRT has a right to it's business, as it is decentralized Finance (DeFi). As holders, they have authorized permit to effect any trade on the platform.

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TOKENIZATION
Base Reward Token is designed to be well founded,potent,and possessing a strong advantage value and use.
Base Reward Token, which is the token name for Base Reward Ecosystem, a Bep20 utility token founded on Binance Smart Chain,which has a short supply with a soft cap of $200,000 and $500,000 Hard cap. Total token supply is 12,000,000,out of which 6,000,000 will be distributed to the staking pool, from which a certain proportion will be given as benefits to all participants that staked tokens.
70% generated token obtained from interchangeability will be burned while 30% will be given to committed traders as benefits in order to cut down the amount of circulated token.

ROAD MAP