What is BKK?
Black Silk is an up-and-coming, innovative ECO project based on wave field ecology. Adopting big data algorithms, cloud computing, and artificial intelligence, the project guarantees maximum profits and minimum loss, as well as various forms of trading with their mature securities risk control system and millisecond-level data response technology. With its smart trading software “Six Degrees”, BKK has revolutionized system architecture and co-insurance methods, creating an innovative trading method where losses are settled and customers are guaranteed profits.
Besides being regarded as a unicorn in the foreign exchange field, BKK is also at the forefront of the industry’s exciting DeFi liquidity mining. With 85% of its total tokens obtained through mining, Black Silk’s unique feature lies in its triple mining mechanism in order to enable more users to participate in BKK’s token governance.
BKK Token Overview
Total Supply: 180,000,000
Transaction Tax: 10% (5% is deducted until it reaches 10%)
Market Cap: 3,098,000 USDT
Launch Date: June 2020
Coinstore Listing: 1 December 2021
Deposit Time: 1 December 2021, 15:00 (UTC+8)
Trade & Withdrawal Time: 1 December 2021, 16:00 (UTC+8)
What is the Token Utility of BKK?
The BKK token has multiple use-cases with it being an ECO project based on wave field ecology and adopting big data algorithms, cloud computing, artificial intelligence, and a smart trading software titled “Six Degrees”. Other use-cases include:
- Being used for DHHI mine purchases and DHI lockhole mining
- Decentralizing cross-chain transactions to disregard the need for a central processing unit like other blockchains
- Stabilizing the transaction status in Black Silk to avoid any fluctuations to save costs. Each transaction is verified and reconstructed to restore BKK’s transaction status to its original state.
- Protecting users and ensuring security through cryptography. BKK guarantees the double ellipse and Lambport signature scheme methods will ensure all transactions receive privacy protection and are not interfered with by any third party.
At the time of writing, one BKK token is valued at 0.6236~ USDT with a 24-hour trading volume of $1777,342 and an 18.71% increase in the last 24 hours. With its unique triple mining mechanism and innovative trading methods, BKK is expected to gain extensive support and use.
A Closer Look at BKK’s Tokenomics
BKK has a total token supply of 180,000,000 with a transaction tax of 5% until it reaches 10% of the total amount. More details of BKK’s tokenomics are as such:
- 5% tokens will be allocated to the team for 5 years (1% each year)
- 5% tokens will be released to partners for 5 years (1% each year)
- 5% will be released to the technical team for 5 years (1% each year)
- 85% of tokens falls to BKK’s mining pool which reduces its production annually by 50%.
For each transaction, 5% is deducted until it reaches 10% of the total amount.
BKK’s Roadmap
In their journey to grow as an intelligent trading software, BKK has planned out several exciting milestones in their roadmap. Here is a look at what milestones they plan to accomplish:
- To have their application up and running by 2022
- To establish an ecological business anchor chain in 2022
- To possess improved ecological iteration in 2023
- To have launched their Mainnet by 2023 so transactions are broadcasted, verified, and recorded on a blockchain
- To have launched their Decentralized Exchange function by 2024
Interested users can check out BKK on Coinstore from 1st December 2021 onwards, and be a part of this developing project!
BKK’s Official Channels
Website: http://bkkgw.blys818.vip/
Get BKK on Coinstore: https://www.coinstore.com/#/spot/BKKUSDT
Download the Coinstore app: https://www.coinstore.com
About Coinstore
Coinstore’s goal is to advance the crypto industry to the next level and provide access to popular digital assets to the mainstream public. Encompassing a whole new concept of “fun” in finance, Coinstore plans to make digital assets available for everyone. Still in the early stages, Coinstore welcomes community members and interested influencer partners to collaborate in the up-and-coming stages.
Media Contact:
Charles Tan, Marketing Head, Coinstore
charles@coinstore.com
Liu Yi Yun, Branding Executive, Coinstore
yiyun@coinstore.com
Coinstore Social Media:
Twitter: https://twitter.com/coinstore_en
Telegram Discussion Group：https://t.me/coinstore_english
Telegram Announcement Channel：https://t.me/coinstore_global
Facebook: https://www.facebook.com/coinstore.en/
Website: https://www.coinstore.com
Discord: https://discord.gg/KKHtHa4KPX
Instagram: https://instagram.com/coinstore_exchange
Youtube: https://www.youtube.com/channel/UCHu0m61HHuDftQVE_0jHaYA/videos
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Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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