The digital currency world has been active with regard to finding secure and better means of raising funds for projects.
A few years back, initial coin offerings (ICOs), were used by project developers to raise capital to actualize their projects. This brings hope for investors as these newly created coins would quickly rise in price whenever they are listed on a crypto exchange.
The publicity was so high then that many projects were able to raise huge sums of money. EOS was able to raise over 4 billion USD in their ICO then. Like all that turns out to be too advertised, the ICO burst. A couple of months later, initial exchange offerings (IEOs) force their way into the crypto world.
Besides the raising of capital, projects also profited from IEOs by getting their tokens listed on the exchange, who oversee their token sale. Elrond, Band protocol, WazirX, to mention but a few were examples of projects that benefited from IEO.
By and large, in 2021, a new means of fundraising rather than the outdated one have emerged, it is called Initial DEX Offerings (IDOs). BSCTRUST is a practical example of an IDO platform.
OVERVIEW OF BSCTRUST
BSCTrust is an IDO platform developed on BSC. The platform allowed project developers to raise capital to support their projects, while also providing investors access to verified, secured and reliable projects to invest in.
In the crypto space, investors have lost billions of dollars to fake projects during the ICOs, they were unable to differentiate between real and fake projects, most of them now fall victim to scam projects in their quest to invest early in a low-cap project. As a result of this, BSCTrust intends to tackle this issue by granting its holders total access to invest early on secured and reliable low-cap projects.
Project developers paid service fees to raise capital to support their projects after the proposed projects have passed the requirements. Part of the fees charged will be utilized to repurchase BSCTrust and the rest will be put into the project's development. Besides, tokens repurchased will be share as rewards among stakers.
WHAT MAKES BSCTRUST EXCEPTIONAL AND AHEAD OF YOUR RIVALS?
BSCLOCK checks scams by showing the public which project has its liquidity locked on our platform, before an investor could put his money on the project, investors check our platform to confirm whether the project's liquidity is locked, or not. They can choose not to invest if the liquidity was not locked because the liquidity can be pulled out at any time.
Also, every one of our Launchpads is fully vested, we've been vesting our first Launchpad even before we released BSCTRUST. Just because we don't do KYC for our users, doesn't mean we wouldn't do it for our Launchpads.
TOKEN DETAILS
- Token Name: BSCTRUST
- Ticker: BSCTrust
- Blockchain: Binance Smart Chain
- Total Supply: 2Million BSCTrust
- BSCTRUST PARTNERSHIP
- Binance Smart Chain project
- bCharts
- Bricks Estate
Due to the ineffective of ICO, IEO and the high rate of scam projects publicly advertise daily, targeting innocent investors, BSCTRUST intends to take care of this issue by granting its holders total access to invest early in verified, secured and reliable low-cap projects.
For more information About the BSCTrust Platform
Website: https://bsctrust.finance/
Twitter: https://twitter.com/bsctrust_fin
Telegram: https://t.me/BSCTrust
Announcement channel: https://t.me/bsctrustannouncement
Author
Bitcointalk username: yanyan84
Bitcointalk link: https://bitcointalk.org/index.php?action=profile;u=3283330
Telegram Username: @yanyan84
BSC Address:
0x7A1A9a01Ef6723dEa38e23fD85F3CeD606af48e4
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