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CoinList Announces Sale of Biconomy Project ICO (BICO) October 15th – Quiz Question Answering Guide

Coin list notification that the registrations for the round of the biconomy project ICO (BICO) are now open. The token sale for option 1 begins on October 15 at 00:00 a.m. (Synthetic Team time) and option 2 on October 15 at 6:00 a.m., registration closes on October 12 at 7:00 a.m.

What is biconomy?

Biconomy is the infrastructure for multi-chain transactions to make Web 3.0 simpler and more ubiquitous. Biconomy’s Plug & Play APIs allow everyone to access decentralized applications (dApps), regardless of their knowledge and experience of cryptocurrencies. Biconomy eliminates blockchain headaches with features like gas-free transactions, instant cross-chain transfers, and flexible gas payment options.

Main highlights:

Interoperable: Biconomy believes in a multi-chain future, but one where users don’t need to know if it is multi-chain or not. Everything is fast, affordable, and scalable, but they don’t add to the annoyances of slow transfers and cross-chain launches. Biconomy processes these under the hood so that users have a smooth interactive experience.

Can be used: Biconomy envisions a gas-free future where users don’t have to worry about blockchain complexities like gas payments and choose the right network or chain to ensure a quick successful transaction. Everything should just work smoothly.

Good experience: Biconomy helps add a better and easier user experience to every dApp. The Biconomy API & SDK can be integrated into every dApp, across all large chains and for a variety of use cases.

Token

BICO is the native token of the Biconomy blockchain. The biconomy blockchain acts as a mediation and verification layer for all activities in the biconomy network across all supported chains. Node administrators pay a transaction fee in BICO to add information to the chain, and they earn BICO in proportion to their work on the network.

A total of 1 billion BICO tokens are offered, which are distributed as follows:

Investors

team

Co-Founder and CEO Ahmed Al-Balaghi: 4 years of blockchain and cryptocurrency experience in research, investment and business development. Ahmed previously worked at Dow Jones, Citibank and one of the leading VCs in the Middle East supporting blockchain transactions.

Co-founder and CTO Sachin Tomar: Over 8 years in software engineering; worked for Samsung and Make My Trip (Indian Unicorn); 2 years of experience with blockchain / cryptocurrency in the development of smart contracts and blockchain team leader for Stacks City.

Co-founder and COO Aniket Jindal: 4 years of experience with blockchain / cryptocurrency in trading, investing and community development in India. Aniket is a former employee of Binance’s Shanghai office.

Token sales details

There are two options with different terms:

Option 1 begins on October 15th at 12:00 AM
Option 2 starts on October 15 at 6:00 a.m.

Option 1	Option 2
BICO	BICO
$ 0.25	$ 0.15
00h00 October 15th	06h00 October 15th
4% (40 million tokens)	1% (10 million tokens)
Minimum: $ 100 Maximum: $ 1,000	Minimum: $ 100 Maximum: $ 1,000
USDT, USDC, ETH, BTC	USDT, USDC, ETH, BTC
3-month linear release beginning on or around November 23, 2021	10% will be activated on or around November 23, 2021, followed by a period of 6 months and then gradually activated monthly after 6 months
Residents of the United States, Canada, and China are not allowed to participate	Residents of the United States, Canada, and China are not allowed to participate

Answer quiz questions

Note: The alphabetical order of the individual accounts is not the same, pay attention to the answers.

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Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.