Project BMCHAIN news for April

The BMCHAIN project team apologizes for the long pause. Let us try to fill a short report on our work during this month.

Due to the fact that we are little ahead of our roadmap with our code development we decided to focus on the other aims in the project. A lot of this work was our research on the current situation on the market, including the possibility of entering into new exchanges with our BMT token. And now we are ready to share the conclusions that have been made in this work.

First of all we would like to remind you that one of the goals of our project is to create our own token to replace the existing ERC20. With it all owners of ERC 20 BMT tokens will get the same amount in new tokens instead of existing ones.

But for the reason of listing a new token on the exchange we will need to repeat all the procedures from the very beginning, as it is a new token. Therefore, after analyzing the conditions of access to the leading exchanges, we decided to postpone these procedures until the release of our own token. We will try to maintain our ERC20 token on the exchanges before the release but the fixed assets will be accumulated to ensure the release of our own token.