What Is Bitcichain (BITCI) – Everything You Should Know

September 30, 2022 - Around 4 mins mins to read

Bitcichain is a hot keyword when World Cup season approaching, fan tokens will likely be the focus this time around. Let’s learn about the project on the exchange that has both its own chain and the system’s fan token, which will most likely receive the opinion of the community called Bitcichain.

What is Bitcichain?

Bitcichain is a Turkey’s first blokchain network integrated into the stock exchange and payment platform is developed by Bitci Teknoloji. You can create tokens and smart contracts with BitciChain. BitciChain has been optimized to provide companies and corporations with the best blockchain adaptation.

Bitcicoin, the mainnet coin of the BitciChain blockchain, gains value with Token projects created on the Bitcichain blockchain. For the transfer of tokens on Bitcichain, the blockchain network fee is paid with Bitcicoin. Bitcicoin can be easily stored in Bitci E-Wallets developed by Bitci Teknoloji. Bitcicoin can be traded on Bitci.com and all stock exchanges on which it is listed.

Outstanding Features

BitciChain is an EVM Chain uses a Proof of Authority (PoA) consensus, quite similar to Binance Smart Chain. BitciChain is designed to provide blockchain solutions for businesses. To participate in BitciChain, each project must have a realistic business model, and have collateral. Energy companies, for example, are built with home energy in mind; Club with soccer players,…

Real World Business on Blockchain

Bitci Teknoloji develops private brand tokens for companies and institutions that runs on Bitcichain. Brand tokens are an investment tool that can be purchased by brand loyals, customers, enthusiasts and investors.The token is marketed at the exchange under the terms and conditions determined by the company. In line with the agreements made by the company and the progress of the project, Bitci.com or other crypto asset trading platforms on which it is listed has the potential to provide returns to those who hold these assets with the effect of acquisition value change. A brand token is a company’s digital asset on the blockchain. It is not a stock. Dividend coupons are not securities or capital market instruments.

Fan tokens

Bitci Technology develops fan tokens for sports clubs over Bitcichain blockchain network. The most important difference between fan tokens developed by Bitci Technology and similiar projects is that they are real tokens written on Bitcichain. Different from similar projects, they may be traded in line with the agreements over hot-cold physical wallet and trading platforms without being bound to a closed ecosystem.

Loyalty Tokens

Bitci Technology can create loyalty tokens on the Bitcichain for companies. Businesses can distribute these tokens to their users as a reward, discount or prepaid. Thanks to the personalized digital wallets offered by Bitci Technology, users can use their reward, discount or prepaid tokens at the cash registers or online. Where businesses can collect valuable data on user behaviour to personalize their reach to the customers.

Bitcichain Ecosystem

Bitci Exchange
Bitci Wallet
Bitci Explorer
Bitcichain Fan Token Ecosystem
Bitci App
Bitci Pay: Crypto Payment Platform (soon)
Fan App: Fan Token Platform

Roadmap

Technical Data

Token Metrics

Token Name: BitciChain Token
Ticker: BITCI
Blockchain: BitciChain
Token Standard: updating…
Contract: No
Token Type: Native, utility
Total Supply: 100,000,000,000
Circulating Supply: 7,750,149,648

Token Allocation

Team & Advisor: 0.65%
Seed: 5%
Private Sale: 4%
Surver/Airdrop: 0.35%
Development: 1%
Marketing: 10%
Burn: 79%

Vesting Schedule

The project has a very long token payment schedule. The token allocation is not expected to be completed until 2060. See details here.

Backers

Team

The project does not disclose all information as well as the experience of the team, it is known that the members are from Turkey. Çağdaş Çağlar is a founding member with many years of experience in the business, construction, energy, blockchain ecosystem.

Investors

updating…

Partners

Verdict

Bitci is an ecosystem that includes many products. In which, BitciChain and the fan token system are the most notable parts of the entire ecosystem. Not only that, Bitci’s fan token system marks participation in the race with big players in this field like Binance or Socios. Stay tuned for the next Bitci token fans in the future.

Find more information about:

Website: https://www.bitcichain.com/en

Whitepaper: https://www.bitcichain.com/assets/files/whitepaper_en.pdf

Twitter: https://twitter.com/bitcicom

Discord: https://discord.gg/emcEMv2pbP

If you have any questions, comments, suggestions, or ideas about the project, please email ventures@coincu.com.

DISCLAIMER: The Information on this website is provided as general market commentary, and does not constitute investment advice. We encourage you to do your own research before investing.

Ares

Coincu Ventures

Blockchain

What Is Bitcichain (BITCI) – Everything You Should Know

What is Bitcichain?