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BGX ICO Report – Powerful Decentralised Processing Platform

Standard ICO Report Structure:

  • Part 1: ICO Analysis (What is it about? What is the ICO intending to do? Describes what the platform is.)
  • Part 2: CROWDSALE ANALYSIS – DETAILS & TOKEN SUPPLY
  • Part 3: Useful Links (Further Research)

Part 1: ICO Analysis

One of the major industries that will remain relevant for a very long time is the mobile industry, and one cannot help but marvel at the growth rate of the industry. The advent of mobile devices birthed new systems and ways of doing business, and also created diverse opportunities for the creation of other businesses.

The mobile industry coupled with the internet has grown to become very parts of our daily living, as many people in different parts of the world depend solely on the internet and their mobile devices to transact businesses and earn some cash.

In recent times, one of the advantages of the mobile industry is the ability to perform payments in any part of the world just via a mobile device with internet connectivity. Regardless of the fact that the mobile gaming payment systems have come a long way, and have continued to improve, the efficiency of the mobile gaming payment system is one thing that still needs attention, as the traditional methods of centralization have made it difficult for these transactions to take place seamlessly.

Apart from the inability to function seamlessly, there are also different exorbitant and seemingly unnecessary levies on transactions. Using the blockchain technology is the best step required to tackle these irregularities within the system.

The BGX Solution –

BGX is a blockchain based platform offering a comprehensive solution that combines a series of topnotch technological innovations like the advanced artificial intelligence neural network to ensure that mobile game features get the best services. Basically, the app markets and game developers will be able to get the much-needed support for their games, and also have the opportunity to pick from different monetization schemes, with a channel to carry out distribution to a large number of players in different parts of the world, while also having transaction charges that are less than 10%.

BGX Features –

The blockchain based solution platform was created to have an app market that is decentralized, thus implementing distribution channels that will enhance the distribution of games, while allowing users carry out verification and promotion processes for the applications. The platform will use the artificial intelligence protocol to get hints and verifications necessary for results from tournaments. Users of the platform will be able to carry out cryptocurrency exchanges on the platform and have their withdrawals using fiat currencies. Furthermore, the platform comes with a virtual wallet that will give them the ability to work with different accounts.

BGX is an ethereum blockchain based system, and regardless of the on-chain/off-chain features of the blockchain, the BGX would still need to be in constant interaction with the larger part of the blockchain, and to facilitate this, each BGX node is created with a unique blockchain layer that will help with the management of data that is written and extracted. The system uses DHT technology to facilitate the storage of distributed content, hence, the platform promotes failover, scalability and decentralization among other amazing features. The platform will function with the aid of BGX tokens.

Part 2: Crowdsale Analysis – Details & Token Supply

Total Token Supply: 1,000,000,000 BGX Tokens

Token Type: Ethereum based

Coin Distribution: The coins will be distributed as follows: 50% of the coins will be for the community, 25% will be sent to reserved funding;  the founders will receive 10%, Team and advisors will get 10%, and 5%will be for the bounty campaign.

ICO Sale Phase: Sale Ongoing

Token Price: 1 BGX = $0.10 USD

Crowdfunding Usage: The team plans to implement 50% of the funds for development, 20% for legal expenses, 15% for marketing and another final 15% for strategy and operation.

Team Overview- Members and Advisers

The BGX platform team is led by Costa Zakharov as Co-founder and operational director, Igor Mishenev as the Co-founder and business development director, Valery Khvatov as Co-founder and technology director, Frank Jorg Hakenjos as the marketing director, Thanh Nguyen as mobile development leader, Phong Nguyen as delivery director, Alla Wielczker, Alexander Khvatov, Nick Zakharov, and Toan Trieu are also on the team. The team’s advisors include Roberto Mendano, Forest Barbieri, Alexander Bogdanov, Jon Gillham, Ben Woods, and Roman Trouchine are on the team as advisors.

Part 3: Useful Links (Further Research)

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