Bitacium prepares for the most incredible launch

Robert Sole 12 January 2019

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Table of Contents

Bitacium will compete to innovate cross-border global fintech ecosystems

The trend continues its course, bringing ever more complete ecosystems. The launch of the cryptocurrency that is exclusively for point-to-point payments has ended. The trend has improved and emerging tokenization projects cover a rich ecosystem. The replication of traditional services in cyberspace continues, even improving on traditional models when digitized. In the fintech sector, global adoption of cryptocurrencies, tokens, smart contracts, and multifunction wallets is starting to be the norm. An industry as demanding as it is requires the latest advancements and implementations to be competitive.

Bitacium offers a complete ecosystem through your wallet. In addition to the portfolio, an ecosystem of services and interactions that will involve and develop the XBOND token. Bitacium targets social media users, merchants, merchants, and e-commerce businesses. On the Bitacium website we read the following:

“We will constantly work to improve technology and user experience, solving everyday problems one by one.”

Therefore, the ecosystem requires full asset management, peer communication, and other implementations that are described in detail.

User retention depends on several factors such as platform versatility, security, and intuitive interfaces

User retention is very important for platforms, a satisfied user gives their time and attention. The relationship between these services must be natural, without annoying intermediate steps, simply balanced. The Bitacium platform offers users the ability to access, transfer, buy, sell products and services from any location. In this aspect, versatility is guaranteed with the inclusion of the best cryptocurrencies and tokens. Another aspect related to the versatility of the platform is the management and / or use of foreign currencies in the ecosystem. Bitacium offers a menu of services and utilities to meet the expectations of 2019.

On the other hand, security is vital in an era where physical attacks, theft and coercion are becoming digitized. This trend is consolidating at an increasing rate. Therefore, a quality service requires advanced security. What would the entire proposed ecosystem serve in a system full of gaps? The Ethereum network is second in capitalization of the crypto market and its hash power offers such security. Bitacium has chosen the ecosystem of the Ethereum network to offer its community. We recently witnessed a 51% hack deal a blow to the Ethereum Classic blockchain; This reinforces the need for powerful backup ecosystems to ensure the security of services and data.

The XBOND is a unique token created under the Erc-20 standard. It will be issued to investors of the initial offering (ITO / first users). These investors can acquire the tokens during the token sale from their website. The XBOND can be used as collateral on the platform to obtain a loan. The amount of XBOND a hodl holder determines how much the hodler receives from the platform.

XBOND will offer functions as collateral for loans

One of the main functions of XBOND is to support loans, the founding core of Bitacium demonstrates total confidence in its product. The XBOND will be the gateway to obtain loans from the platform at a low interest rate. This will provide liquidity in record time to users with a reserve in their possession as collateral.

Sometimes liquidity is needed in a short period of time and, for essential reasons, we cannot have the full amount. There is no problem with XBOND, if the token is saved in the wallet, it will provide the collateral function and the user will have the corresponding amount. As a collateral utility to use, this will be another of the multiple use cases devised; thus the ecosystem offers alternatives, variety and open business possibilities.

The decentralized exchange will be an important part of the Bitacium ecosystem

Multiple personalities from the crypto scene have publicly stated, DEX exchanges are the future. Years later, we see how we can find various decentralized exchanges between the major exchanges. Instant functionality with no downtime makes DEX exchanges a 100% active tool.

Bitacium will offer complete user management of their own Altcoins; therefore it makes sense for decentralized exchange to complete the circle. This expands the possibilities of the ecosystem. The offered token, XBOND, works on the Ethereum network so that you can trade on the DEX with multiple trading pairs. An added bonus, as XBOND holders earn with the Bitacium exchange platform. The combination of a centralized and decentralized exchange is beginning to gain traction in the sector and Bitacium will offer both options to its users.

The platform will offer multiple management options and social media functions to interact / trade between users, the decentralized exchange provides the essential part of currency self-management for the most passionate traders.

Loyalty, the Bitacium platform will reward users for their transactions

In addition to the rewards in the exchange, a more extensive model is proposed. In the most recent projects, it is observed that aspects such as the incentive to carry out actions have gained strength. Earlier we discussed that wallets provide more and more features; These actions and their monitoring open up new interaction routes between the platform and the user (p2p).

Taking advantage of these possibilities, Bitacium is implementing a rewards system through CashBack, promotions and special discounts; The possibility of negotiating with other users, discussing business and signing agreements, all this in addition to carrying out transactions with the XBOND token. The token use cases are beginning to be multiple. On the website, they present an example of a use case between users that represents the possible benefits of being part of the ecosystem:

“For example, Consumer A buys the item from Merchant B at a price cheaper than the market price, they can both chat and transact on the Bitacium platform, USING XBOND to remove any transaction fees. Consumer A earns a cash back bonus for purchasing through our merchant. At the end of a trading session, both Consumer A, Trader B, and all other users of the Bitacium platform receive a reward for sharing the distributed token for participating in e-commerce agreements using our blockchain platform. "

The reward and consensus ecosystem will include and incentivize without exclusion

XBOND token incentives or rewards are recommended to all types of users, some cryptocurrencies and ecosystems reward certain types of actions, while others are completely opposite. Users of the ecosystem launched by Bitacium will obtain compensation regardless of their actions. In addition to the cashback reward model, there is an alternative model associated with the platform's earnings. Each user who owns XBOND tokens will get their proportional share of the benefits of the platform. We could say that it is a way for the company to return to investors the value created with their investment and early participation.

Other projects have opted for more limited incentive methods, which always exclude part of the users. Along these lines, we can say that they are non-inclusive models for some users and incentive models for others. The system designed for the Bitacium project and the XBOND token offers a complete menu of incentive possibilities for each user. This implies that both users who make a long-term investment (in the HODL style) and the most active traders are satisfied.

The platform gives users the prominence they deserve, encouraging each and every one of them. Another aspect that reinforces the above statement is the governance and voting system. XBOND holders can vote to decide on consensus decision-making and other details. This shows that the company’s transparency and commitment can benefit community members, customers, followers, and hodlers.

Guaranteed entertainment without leaving the Bitacium ecosystem in the playground

We begin by noting that the sector seems to have evolved towards more complete newly created projects. We point out, the importance of seeing that the new cryptocurrencies or tokens are not limited only to p2p transactions. Along these lines, Bitacium further enriches its proposal. A section included in your system will offer a complete entertainment ecosystem; BITACIUM GAME ZONE provides a space in which to have a good time between so much transfer space in which the XBOND token will also interact.

From the documentation, we verify that the gaming zone interacts with the token ecosystem as follows. Users can play by swapping other altcoins to the XBOND token, and then using XBOND as the game's fee base currency. This implementation can increase token usage in an additional way with much more usage volume.

In conclusion, we observe that the Bitacium project offers a very complete menu of services and interactions. With the market breathing fresh air after an overwhelming 2018, the new 2019 proposals start holding their own.

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