Boboo.com platform token BOBT will enter the official output period at 8:00 on March 26, 2020 Singapore time. During the 100-day output time at 8:00 on March 26, 2020 Singapore time-8:00 on July 4, all BOBT will be released by spot trading. Every 1U commission generated by invited friends, the platform will gift you 0.3 BOBT. All BOBT haven’t yet been produced during that period will be destroyed.
【BOBT Box Opening】
From 8:00 am on March 26 Singapore time, users who joined our early bird stage at 8:00 on March 20, Singapore time-8:00 March 26 can check their amount of BOBT on page of BOBT Box. We will uniformly issue BOBT from the warm-up period to personal wallet accounts at 4:00 am on March 27 Singapore time and users can withdraw&deposit at 10:00 am on March 27.
【1.5x BOBT in the first 10 days 】
In order to thanks for users active participation, during 8:00 am on March 26 Singapore time-8:00 am on April 5,users who trade on spot trading will receive 1.5x BOBT. Every 1U commission generated by invited friends, the platform will gift you 0.45 BOBT. It’s limited 100 days.
During 8:00 am on April 5 Singapore time-8:00 am on July 4, the amount of BOBT obtained from spot trading will return to normal. Welcome to join our mining.
Token Name Boboo Token
Token symbol BOBT
Total issued 21 million only.
The output mechanism
All BOBT will be outputted through crypto trading on Boboo.com. You can get BOBT by trading and inviting friends to trade. During the output period, there is no limit for each user. All BOBTs haven’t yet been produced during that period will be destroyed.
Benefit-sharing co-governance mechanism
BOBT will officially enter the inflation process featuring buy-back, burn and free circulation when the 21 M supplies are mined or the generation term expires. In this process, 100% of net income of commission fees earned from crypto-to-crypto trading among users will be used to buy BOBT back. In the meantime, BOBT-related trading pairs will be listed on Boboo.com. Users are free to decide whether these coins are to be bought back and burned or used to exchange other cryptos.
Buy-back and Burn Mechanism
Each BOBT holder can specify in their application how much BOBT they want to be bought back and burned. The platform will perform buy-back and burn based on the proportion of the number of BOBT holders submitted applications to the total number of buy-back and burn applications for the week.
Initial buy-back and burn price
Mechanism for Circulation in Secondary market
No lock-up, total free circulation and trading. Users can buy BOBT through the secondary market and participate in buy-back and burn.
Shared Governance and Building Community Committee
A community committee will be built in the first year when the mining process begins. This committee will take charge of a series of matters including postburning price spike and alteration mechanism.
Usage Scenarios for BOBT
commission fees discount, bidding for/airdrop of certain coins, asset inflation from burning BOBT, voting for listing cryptos and alternative to margins for C2C trading.
Risk reminder: Digital assets are an innovative product with large price fluctuations. Please judge your risk bearing capacity rationally and make decisions prudently.
I wish you a happy transaction!
March 26, 2020