What is Bochacoin?Bochacoin is "B" locks "O" n "CHA" in, it is a coin that looks like a stablecoin but only from the bottom,
meaning it will always have a guaranteed minimum on the market, how is this possible? Simple. In
practice, any investor who decides to purchase a collateral to launch a masternode, paying the initial
fee, places 60% in a cold wallet in staking, with 5% annual ROI (with Navcoin), 20% in another wallet
that will be used to invest the sum contained in other projects or currencies (For the positive outcome
of each investment, one part will be paid into the main wallet to increase the value of the currency)
and finally 20% for development and teams; the sum between the first and second wallet will give the
minimum value to the currency.
Example: total contained in the first wallet 20,000 $ / 356,789 total coins in circulation will give a
value of 0.056 $ for each coin, it is natural that the masternodes will increase the production of coins,
therefore more number of coins in circulation, and therefore the price is bound to fall, but here comes
the second wallet that contains 20% to invest, also at the start of the project will be produced even
50% of the total of coins that the same can produce, and will be blocked in a wallet ready to be
unlocked for future partnerships with banks, and all the platforms that want to join the project, other
money to be added to the primary wallet, so the currency will always have a guaranteed minimum,
but the maximum price will be given only by the market and the use and appreciation of the currency.
Each masternode must be activated strictly by the team, after the purchase by the investor it will be
the responsibility of the team to send the collateral and help step by step to the setting of the same, a
single masternode per user, so the collateral can only be purchased from the CEO or the team, this
avoids speculation on the price and guarantee of payment on the wallets, and operation of the
project.
How can I use Bochacoin?At the beginning the investor will have the chance to accumulate the coins and wait for the team to
work to create the structures useful for the project. In practice, each member will be an active part of
the community, will be able to interact, advise, vote and propose improvements to the project.
We will develop our exchange to trade coins safely, but above all with our rules, where the minimum
price will be dictated only by the coverage given by the content of the primary cold wallet. If in the
future our currency will receive an acceptable success, we could also list it on famous exchanges, but
only if they accept the coin rule, we also want to develop our crypto and fiat currency exchange
platform, and also our debit card, from all this every investor will receive his slice of income, which
will be established along the way and when the various applications will be developed and will be
functional.
Bitcointalk Annhttps://bitcointalksearch.org/topic/ann-bochacoin-waiting-somebody-that-undertake-the-project-5160578