OmiseGo: How a robust ecosystem can sustain and increase token’s value
To ensure sustainability of Bayan Token’s value, we need to have an ecosystem where the token can be used and circulated in the market. Bayan Token ultimately satisfies Shariah-Compliance as it acts as a means of payment, and most importantly is backed by private cloud server that gives it value. Bayan Token offers holders the ease of payment as well as a secure way to purchase goods at our Halal Mart.
As an added value, Token Holders can receive exclusive offers such as privileges and discounted prices at several stores, free gifts and other services. Depending on the performance of Bayan Token in the market, the Issuing Company will also offer to buy back the tokens from Token Holders at premium price.
All these will create an exclusive and dynamic ecosystem for Bayan Token community and in return, we are confident Bayan Token’s value and growth can be sustained and increased.
As a case study, we refer to the OmiseGo (OMG) ICO. The following data, based on the etherscan. io data, evinces as follows:
ICO End Date : Jun 23, 2017
Total Cap : $25,000,000
Token Distribution Date : Jul 7, 2017
ICO Price : $0.24 | 0.001188 ETH
The data shows that the new coin was priced at USD 0.24 during the ICO but increased by 7,087.5% in value to USD17.25 as of 3rd May 2018. This is attributed to the fact that the issuer had created a robust ecosystem and community where token holders may transact and circulate their tokens among themselves for services and goods.
This is exactly what we plan for Bayan Token and we believe Bayan Token’s price at ICO of USD 0.80 may increase significantly within a year or less.
Website: https://bayantoken.com
Whitepaper: https://bayantoken.com/whitepaper
Telegram: https://t.me/bayantokenBYT
Twitter: https://twitter.com/BYTtoken
Facebook: https://www.facebook.com/bayantoken/
Medium: https://medium.com/@bayantoken
Steemit: https://steemit.com/@bayantoken
Reddit: https://www.reddit.com/user/BayanToken
LinkedIn: https://www.linkedin.com/company/byttech/
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