What will be the emission process of BTCC token?
Like other Bitmxittzex token BTCC also can not be mine, it is minted by BitmxittzEx, maximum supply will be capped by 210 000BTCC, initial circulating supply will be 50BTCC.
In future we may develop this token to new coin or add more features or add to other exchanges but for now it's usage is as 'Bitcoin Credit Note' at BitmxittzEx for convenience of BitmxittzEx users to Store/Withdraw their BTC hassle free with complete anonymity and security. It can also be used as off-chain BTC transaction. User can give/pay BTCC instead of BTC which end user can convert to BTC anytime.
BTC off-chain transaction in depth explanation.
For example if you have 1BTC on BitmxittzEx and you buy 1BTCC with it and withdraw to coupon and later on you can use for payment or send to other BitmxittzEx user, he/she can convert and withdraw as BTC anytime even without loging into account. So 1BTCC transaction between you and other BitmxittzEx user was in fact is a 1BTC transaction between you two which was off-chain, you can say 1BTCC transaction was 1BTC transaction because each BTCC will be backed by BTC in our cold storage so BTCC can be converted and withdraw to BTC address anytime on request.