Boom Crypto Market - A decentralized platform that aims to bring transparency to the cryptocurrency and blockchain industry

davidtosin (8)in #steem • 4 years ago

BOOM CRYPTO MARKET plans to protect and encourage all investors including institutional investors in the crypto market. It is a new platform that would help theM achieve growth and saVe them from a lot of troubles in the market as they use and keep their funds.

BUT FIRST, WHAT IS CRYPTOCURRENCY?

Cryptocurrency is a form of payment that can be exchanged online for goods and services. Many companies have issued their own currencies, often called tokens, and these can be traded specifically for the good or service that the company provides. Think of them as you would arcade tokens or casino chips. You’ll need to exchange real currency for the cryptocurrency to access the good or service.

Cryptocurrencies work using a technology called blockchain. Blockchain is a decentralized technology spread across many computers that manages and records transactions. Part of the appeal of this technology is its security. Offering friction-less transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Counterfeiting and anonymous transactions are impossible to achieve.

INTRODUCING BOOM CRYPTO MARKET

This platform is formed to help reduce the troubles experienced by users of cryptocurrencies, it plans to help them remain focused rather than hopping from one platform to another in search of a safe haven for their transactions.

Through it, they will remain informed and able to save their money and the time spent on such roaming or looking around for better options. This will help them to eliminate all forms of scams and ensure trust among the users who will form a part of the platform. It will also carry along all the unbanked, giving them easy access to the blockchain and Defi services in the market and in the freelance market.

The decentralized marketplace offered by Boom Crypto Market has many things to offer. I present to you, some of the benefits of working as a freelancer via the decentralized freelance platform offered by Boom Crypto Market.

Contract Receipt

The first benefit is that you wouldn’t be shortchanged or scammed by a client. That is because Boom Crypto Market will issue a contract receipt at the start of any remote project as proof of the project you are handling.

Also, the contract receipt will be used as long as the contract is pending. After the project, the contract receipt will be issued to your client for payment for your services.

Steady Work

Unlike traditional freelance marketplaces that are crowded, Boom Crypto Market offers you an opportunity to get steady work.

This is partly because of the premium placed on sorting through freelancers during the verification and mainly because the clients on the platform want long-term work.

Thus, you can take advantage of this decentralized freelance marketplace to quickly locate and interact with industry leaders and experts who are looking for the services you offer.

Decentralized Freelance Marketplace for Buyers

Buyers or service buyers will also use the decentralized freelance platform offered by Boom Crypto Market to find the best professionals or freelancers that will perfectly handle the projects they have.

They trust Boom Crypto Market to handle the important aspects of verifying genuine and skilled freelancers, as well as setting up a contract that will guide the projects they have.

Crypto Payments:

Last but not least – service buyers can pay for your freelance services using cryptocurrencies.

The Boom Crypto Market is the native currency of the broader Boom Crypto Market. It will be the primary payment method used on the platform.

The Features and Utilization of Tokens

As a platform that provides a marketplace to help service providers supply services to customers on trust while also helping service buyers to get the service providers, BCM token which is the base token powering the Boom Crypto Market platform will be used for fee payments for all transactions carried out on the platform.

Buyers and sellers of services can decide to pay or receive payments in BUSD, BNB, MOR, or BCM. Transaction fee will be paid in BCM, BNB, BUSD or MOR depending on what the user chooses. These fees will be used as rewards on the staking platform and for liquidity providers.

BCM token can also be used for payment for services offered on the marketplace; for example professional adverts, project adverts, promotions and any other value added services offered on the platform.

Other cryptocurrencies like BUSD, BNB, MOR and are currently being integrated including fiats will be available for deposit and swap against BCM on the platform to be used for transactions and processing fees.

Boom Crypto Market believes there are a lot of corporate bodies that lose funds annually to both frauds and unprofessional service providers, Boom Crypto Market platform will drastically eliminate these loses while ensuring customers are satisfied with service provided to them. Boom Crypto Market presents a whole new level of blending trust and satisfaction all in on one platform, and there’s no sector that is exempted.