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BITSEC Partners with A Betting Platform, BTS will Empower Communities

In a crypto-verse that's increasingly pro profit and blindly FOMOing, forgetting the ideals of blockchain focus on empowerment and emancipating users from the clutches of poverty,...
BITSEC Partners with A Betting Platform, BTS will Empower Communities © Reuters. BITSEC Partners with A Betting Platform, BTS will Empower Communities

In a crypto-verse that's increasingly pro profit and blindly FOMOing, forgetting the ideals of blockchain focus on empowerment and emancipating users from the clutches of poverty, BITSEC is determined to change the narrative.

Posting on Twitter (NYSE:TWTR), the platform said it is releasing what will be the "biggest utility token" on the secure, highly adopted BNB Chain.

BITSEC is Releasing Bitcoin 2.0
Preceding this announcement, BITSEC released its whitepaper on May 12, 2022. Typical of any whitepaper, the platform's creators are determined to distill all complexities and lay down their vision-mission statement clearly for all users across the globe. The paper describes their grand plans and breaks down the project's tokenomics.

Even amid the global financial crisis that has seen the crypto market shrink by double digits, BITSEC remains bullish. Behind their confidence is a well-architected plan and zeal to exceed its global fan base expectations.

Mirroring the visions of Bitcoin's creator, BITSEC is confident its solutions enhance the digital gold to qualify as Bitcoin 2.0, complete with a fully functional ecosystem to achieve equity and fair distribution of wealth.

BITSEC's Components: A DEX, Launching Pad, and a High Yielding Staking Program
BITSEC consists of four critical components, creating a cyclic system whose synergy benefits platform users. Central will be the BITSEC's BTS BEP-20 fungible token deployed on the BNB Chain serving governance and utility roles. There will be 21 million BTS in total supply, with an initial circulating supply of 7.3 million BTS.

The launch from BNB Chain is by design and meant to relieve users from the high trading fees experienced in alternative networks like Ethereum. At the same time, the BNB Chain will satisfactorily handle the resource demands from BITSEC.

Besides, BITSEC plans to launch a decentralized exchange (DEX) called Bitswap, enabling fast, low-fee swapping of its native coins with other BEP-20 tokens. Through the secure DEX, it would be quick and convenient to trade. Meanwhile, the swapping platform would boost BTSs liquidity, a net positive for holders.

Additionally, aware of the fast-evolving nature of crypto, the fast adoption of the technology, and the high number of ambitious developers with solid solutions to present problems, BITSEC will create a launching pad dubbed cryptogifting.live. Their goal is for ambitious projects to receive necessary funding support from investors, subsequently empowering the community and helping accelerate the adoption of superior blockchain-based solutions.

Finally, BITSEC will also support staking directly on its website. Users are free to buy a staking package that yields high rewards of between one and two percent, compounded daily, and available for withdrawal anytime. At the same time, users who refer others to BITSEC's staking will be rewarded through their referral program.

BTS Utility Functions
BTS is used to incentivize liquidity provision on the platform's decentralized exchange (DEX) to serve its utilitarian purposes.

The platform has also partnered with over 600 technology companies, enabling BITSEC token holders to pay for mobile and data recharge and payment of other utility bills in over 190 countries.

Also, the token can be used for shopping in select retail outlets, paying insurance and Amazon (NASDAQ:AMZN) Gift Cards, and as a payment method in partner betting companies.

Thus far, BITSEC has partnered with Sportybit.io, a betting platform with an exciting referral program. The success of Sportybit.io and especially if they gnaw a significant stake in the over $66 billion global betting market, will boost BITSEC's baseline.

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27-05-2022 12:44:16 (UTC+7)

EUR/USD

1.0756

+0.0032 (+0.30%)

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EUR/USD

1.0756

+0.0032 (+0.30%)

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GBP/USD

1.2651

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USD/JPY

126.76

-0.38 (-0.29%)

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AUD/USD

0.7139

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USD/CAD

1.2750

-0.0022 (-0.18%)

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EUR/JPY

136.35

+0.01 (+0.01%)

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EUR/CHF

1.0300

+0.0011 (+0.11%)

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Gold Futures

1,853.44

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Silver Futures

22.141

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Copper Futures

4.2840

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Crude Oil WTI Futures

113.98

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Brent Oil Futures

114.14

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Natural Gas Futures

8.837

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US Coffee C Futures

225.78

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Euro Stoxx 50

3,740.31

+92.75 (+2.54%)

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S&P 500

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20,573.00

+456.80 (+2.27%)

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US Small Cap 2000

1,838.24

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8,888.80

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50.790

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Bayer AG NA

65.90

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Allianz SE VNA O.N.

198.80

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Adidas AG

176.76

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Deutsche Lufthansa AG

6.850

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118.52

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10.414

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 EUR/USD1.0756↑ Buy
 GBP/USD1.2651↑ Buy
 USD/JPY126.76↑ Sell
 AUD/USD0.7139Sell
 USD/CAD1.2750Neutral
 EUR/JPY136.35Sell
 EUR/CHF1.0300↑ Sell
 Gold1,853.44↑ Buy
 Silver22.141↑ Buy
 Copper4.2840Sell
 Crude Oil WTI113.98↑ Sell
 Brent Oil114.14↑ Sell
 Natural Gas8.837Neutral
 US Coffee C225.78↑ Sell
 Euro Stoxx 503,740.31Sell
 S&P 5004,057.84↑ Sell
 DAX14,231.29↑ Sell
 FTSE 1007,564.92↑ Sell
 Hang Seng20,573.00↑ Sell
 Small Cap 20001,838.24Buy
 IBEX 358,888.80↑ Sell
 BASF50.790Neutral
 Bayer65.90↑ Buy
 Allianz198.80↑ Buy
 Adidas176.76↑ Buy
 Lufthansa6.850↑ Buy
 Siemens AG118.52↑ Buy
 Deutsche Bank AG10.414↑ Buy
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,830/ 6,940
(10/ 20) # 1,723
SJC HCM6,840/ 6,940
(10/ 10) # 1,724
SJC Hanoi6,840/ 6,942
(10/ 10) # 1,726
SJC Danang6,840/ 6,942
(10/ 10) # 1,726
SJC Nhatrang6,840/ 6,942
(10/ 10) # 1,726
SJC Cantho6,840/ 6,942
(10/ 10) # 1,726
Cập nhật 27-05-2022 12:44:18
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ↀ Giá vàng thế giới
$1,854.12+1.20.06%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩmVùng 1Vùng 2
RON 95-V31.25031.870
RON 95-III30.65031.260
E5 RON 92-II29.63030.220
DO 0.05S25.55026.060
DO 0,001S-V26.35026.870
Dầu hỏa 2-K24.40024.880
ↂ Giá dầu thô thế giới
WTI$114.03-1.22-1.07%
Brent$117.38-1.53-1.30%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD23.030,0023.340,00
EUR24.263,1125.622,23
GBP28.523,9629.740,84
JPY177,60188,03
KRW15,9119,38
Cập nhật lúc 12:39:46 27/05/2022
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