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Global Community Coin and BKN are live – Defi Market Wrap
GCC is the global community’s native utility token. ICO sales began on August 23, 2021 and will end on October 4, 2021. GCC is currently one of the highest-ranking tokens on the market, trading for $ 0.001. The total amount of tokens is 5,500,000,000 GCC, but not all of them will be available in the initial phase.
Global Community Coin is a new technology that works with global spending, alphanumeric currency, and filings.
The community has managed to build a thriving digital economy. It offers bold new ways for architects to make electronic money. The platform is open to everyone. However, the team designed it specifically for entrepreneurs. You have a large community of entrepreneurs who support this community coin.
Global Community Coin aims to develop decentralized telecommunications along with security software applications (DAPP). It will provide an easy-to-use interface to make it easier for its customers to use the platform’s services. The company has also introduced GCC tokens on the Binance Smart Chain, which is one of the most decentralized platforms out there.
The Internet is a globally distributed network that enables billions of users to communicate. This revolutionary technology enables people to connect through a common shared platform. Defi Space, however, was another revolution that was already profoundly affecting the global economy. But as is usual with new developments, there are many obstacles to decentralized financing that have to be overcome. One of the problems is that excessive numbers of new crypto miners are sucked into a high APY LP cultivation trap. As a result, buyers with higher marker rewards will force them to get out of the game and forfeit any future winnings. Global Community Coin plans to change the rules and make sure every user has an equal chance.
GCC is a community-based digital currency. In addition, the team distributes the largest percentage of the coins to its community through the Airdrop program. The dev team plans to work closely with selected executives from different parts of the world and use their skills to advance the project.
What are the main features of Global Community Coin?
Global Community Token offers many advantages. For example, it is very safe and secure. The company uses a distributed peer-to-peer consensus network. The latter helps users cryptographically in securing every transaction.The platform also offers quick transfers. It provides instant transfers to its customers worldwide. The company uses fast block execution which is very effective.
In addition, Global Community Coin enables direct transactions between network participants. Thanks to the decentralized technology, customers do not need a central moderator. The platform has a user-friendly interface that is easy to use. In addition, the company ensures scalability and thus facilitates the mass introduction of cryptocurrencies. According to the platform, every GCC transaction in favor of the community is taxed with a tax of 4%. Users can increase their balance simply by holding GCC.
What about the brick token?
Brickken launched its native token on September 1, 2021. BKN is also very popular in the market and is currently trading for $ 0.08 per token. The Initial Coin Offering ends on February 28, 2022. The total amount of tokens is 100,000,000. According to the team, 20% goes to the team, 25% is reserved for investors, 40% is for War Chest, Airdrop receives 1.5%, advisors have the same amount and 12% is for the liquidity pool. The company accepts ETH, BTC, USD, USDC, and EUR in exchange for its tokens.
Brickken is currently working on a dApp that will provide individuals and businesses with the tools to enable them to issue their own security tokens. Everyone will be able to use this cutting-edge blockchain technology worldwide.
In addition, this technology is finally making self-crowdfunding possible, which is a huge benefit. Brikken’s platform will also have a user interface that provides the best experience. It’s also very easy to use. The platform opens up new opportunities for businesses and individuals, especially if they are looking for alternative methods of raising funds through tokenization and no middlemen.
The main goal of Brickken was to tokenize the world. However, the team realized it was approaching the accessibility of illiquid markets from the wrong perspective. So it changed the destination, and now its decentralized technology provides the tools and platform the world needs to tokenize itself.
What about Brikken’s features?
Customers can use the BKN token for all transactions within the platform. The company’s decentralized application will be able to provide the easiest way to issue security token initiatives as well as initiate an STO. The dashboard allows investors and traders to browse and buy the tokenized assets using Brickken. In the meantime, smart contracts make it easier to comply with legal regulations and will connect with the issuer, investor and platform.
In addition, the company will enable issuers to create STOs using BKN tokens. Customers can set the conditions for each STO directly from the platform. Withdrawing funds is also very easy and users can exchange their successful STO tokens for USDC directly on the platform. In addition, issuers can manage the distribution of dividends to investors, ensuring efficient use of time and resources.
The company has integrated a know-your-customer system into the platform to verify the identity of issuers and investors and thus ensure regulatory STOs.
The team also plans to make its decentralized protocol the legally compliant tokenization standard worldwide. The company will continue to develop and innovate until it has solutions to the problems. It already offers issuers several solutions. For example, they can top up their account balance by buying BKN tokens directly from the platform.
The company provides investors with a dashboard that broadcasts the live STOs. Brikken’s decentralized log helps create the latter. At the same time, its platform ensures an optimized user interface to improve the investment experience. Brikken continues to develop its functions. It recently introduced a crypto payment system that allows merchants to purchase tokens with any crypto asset available in the market.
Here are some other advantages of this platform:
Brickken enables users to manage their investments in tokenized assets. Investors can receive and withdraw dividends directly from the platform. In addition, they can exchange their purchased security tokens for the other available security tokens on the platform.
The company has a front-end dashboard that integrates both MetaMask and API services. It requires MetaMask integration to allow users to interact directly with the blockchain as well as protocol contracts. On the other hand, the API service handles user logins, KYC administration, registrations and general operations.
The back end consists of a number of Lambdas functions that make the tokenization service available without the need for a dashboard and at the same time operate the dashboard app.
According to the team, they will use a KYC service solution to connect to the Lambdas system. You can accept and reject requests via the API or the dashboard.
The company also plans to create a database that will store useful information for the functionality that Brickken will eventually develop. Brickken creates smart contracts for future applications. It has a deed of trust that allows investors and token holders to deposit funds until the STO is completed.
In the meantime, issuers use the trust deed to deposit the interest / dividends that will serve as income (yield) for investors.
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