BITMORA: The Cryptocurrency exchange platform built by community
Introduction
People drive the market while value drives a product. We are all a part of a universal system where a product rules the market till a better one arrives. The continuous experimentation with innovated ideas can be one of the reasons for our growth as most intelligent species on the planet. Older technology gave ways to newer thinking and traditional gave way to modern. We are an entity that is in pursuit of the excellence in every situation. Likewise, when cryptocurrency arrived, people waited patiently to gauge its value but once they realised the true potential of it, they began their experimentation of it in their multitude of problems with a wide variety of applications. The cryptocurrency has already crossed 500 billion dollars market capitalisation thereby proving its acceptance ration in the market. More than thousand crypto-based startups have come in the market.
The behaviour of the naysayers in the business and market is getting better with time. Market projections show that we would see more and more of cryptocurrency in the digital space of tomorrow. The crypto asset trading became new normal as people began understanding the future of cryptocurrency. Many exchange platforms cropped up to fill the gap. But, quickly they realised they needed more robust and secure framework to execute the growing volume of transactions. And, we are seeing a major overhaul of the system to adapt to the changing needs of the market. A robust and transparent platform is the need of the hour. We can be the better position to trade and capitalize on the issue of the cryptocurrency trading on a platform based on the technology of today.
Solution Offered
BITMORA has developed the system for the change in which it aims to bring revolution in the cryptocurrency exchange platform. It will reduce exchange fee and launch more than 40 cryptocurrency pairs on its platform. They have clear laid out goals which they want to achieve through their latest endeavour. They are in process of developing a unique voting system which lets the user decide the future of cryptocurrency. Any user can post his suggestion on the platform. Top 20 suggestions will be selected as decided on the basis of an up vote. The advisory group selected top five and passes on to the executive committee.
Their unique approach and functionality on the proposed platform will draw a large number of users who are bound to benefit from cryptocurrency trading.
Investment & Team
To draw a perfect picture of their platform, they are receiving funds from the public on their website. They have put a limit on the amount to be generated which is $600k. The collection of funds will not be carried through ICO but in a crowdfunding way. BITMORA Team is a group of expert traders and professionals who are determined to build a platform where public opinion matters.
Conclusion
The team at BIT has also presented their future roadmap. The app will be live in the late Q1 of 2018. They are proposing a unique concept where the public gets to decide the matter which they think matters the most. Traditional banks and multiple governments have shown positive response towards it. Colton Brestor, who is CEO of the BITMORA has clarified his intentions about the platform which is a platform built by the community for the community based on technology with all the legal compliance.
Visit:
Website: https://bitmora.com/
Twitter: https://twitter.com/bitmora_inc
Published By: Kishan748
Btalk profile: https://bitcointalk.org/index.php?action=profile;u=1027561