BANKCOIN (BANK) – THE CRYPTONIZED PLATFORM WITH A MINDBLOWING POTENTIAL

Few days ago, I analysed the CoinMetro platform, and its possibility of ensuring a faster mainstream adoption for cryptocurrencies and the blockchain industry in general. I believe those of you that have read this piece enjoyed it. Bankcoin another blockchain startup with a potential of being dubbed a global platform in the next six months, with the goal of bringing the digital assets’ era closer for mass adoption.
Bankcoin Global is a platform that is built on its own currency and blockchain with the aim of providing world class blockchain services for the crypto era. The ecosystem of the Fintech company is built on a competitive international standard' lottery system (whose first lottery draw is scheduled to hold on the 22nd of May, 2018); a decentralised P2P loan platform (for crypto traders with a fair interest rate for borrowers), and a global standard Binance-like Digital Assets Exchange Platform (with reduced trading fees and high incentives for users of the exchange) anticipated to be fully launched on the 25th of November, 2018. The platform is made up of a small closed professional team members who are experienced businessmen with expertise in developing financial technology systems and solutions for the blockchain industry. The professionalism of the team has made it possible for the platform to reach its critical roadmap goals earlier than expected.
Beyond the fact that the adopted business model for the Bankcoin ecosystem is implementable, has a long term sustainability, and can easily profit an everyday Joe, the company’s business model is designed to last for a long term. Bankcoin (BANK) along side Bitcoin and Ethereum is the ecosystem's legal tender which serves as the fuel that propels the activities within the platform, and the platform in turn gives monetary value to the cryptocurrency- BANK. Unlike competing utility tokens, BANK is built on its own blockchain with a limited supply of just twenty-one million coins. The team behind the Bankcoin and it’s entire ecosystem intend to buy back bank with a portion of its profits in the future so as to reduce the supply in circulation.
The Lottery arm of the Bankcoin ecosystem allows users to get a 20% discount on their lottery fees each time they make payment with BANK. Also as a Decentralized lottery system, players who win the lottery are usually credited in their desired cryptocurrency (BANK, BTC or ETH) within 0-30mins upon announcement of lottery results. Also as a reward for being a loyal client to the lottery system, it is possible to earn up to three level deep referral bonus (level one- 3%, level two- 2%, and level three- 1%) for every new user you invite that uses Ablotto platform. Looking at the success of the unofficial launch of the Ablotto platform one cannot help but notice the amount of gold that investors of the Bankcoin ecosystem are sitting on, particularly when the platform’s ‘world-class' exchange platform is launched in November, 2018. The Exchange arm of the Bankcoin Ecosystem is another critical aspect to Bankcoin's success. Looking at the beta version of Bankcex platform, one cannot help but notice the fact that the team’s progress has been successful so far. Just like the mouth watering referral program being offered in Ablotto to attract new members and at the same time reward old members, the Bankcex platform is being developed in such away that investors who hold at least one BANK will get reduced trading fees and is rumoured to also earn up to 20% referral bonuses from their referee’s trades in the exchange platform. While investors with a minimum of five thousand BANKS is expected to earn up to 50% referral bonus from their referee’s trades , with zero trading fees. The ecosystem will generate funds (profits) from the transaction fees such as trading fees, loan issuance/service fees, and withdrawal fees it charges it’s platform users across all the company’s platforms.
Other than competitors like the EOtrade and CoinMetro platform who have similar multifaceted business models like Bankcoin, with probably a more robust startup capital, the only thing I see in the Bankcoin ecosystem is a high success possibility if the team can professionally beat all the roadmap timeline, with a well secured platform in place.
As a endnote for all my readers, crypto investment is always a high risky venture just like any other profit-oriented business. Hence, it is important you do your own research towards any platform I write about, as I am not a financial advisor, neither was I given any form of reward (monetary or otherwise) to promote the platforms.

Written By:
Obasi Francis Ifegwu
+2347032199946
Telegram: @francisobasi

Obasi is a graduate of Political Science and Public Administration from the university of Benin. He is a crypto enthusiast and Investor, who loves to write and analyse the potentials of cryptocurrencies and Blockchain projects.