User:Kantachindera/sandbox

Bgogo  is a digital asset exchange platform with supernode listing authority and adopt mining through trading principle. Bogo is cofounded by Ms Amber Cheung, Nicols Chan, Maximilian Wong, Oscar Song and Ciara Sun. Bogo is based in Cayman Islands. Bgogo exchange use a utility token called BGG, which is used to a utility and governance

Early backersinclude famous VC such as NodeCapital, Sky9 Capital, Goopal Digital, and Hike Capital.

BGG supernode: A total of 21 BGG supernodes with a tenure of 90days will be selected from leading cryptocurrency isntutions across the globe. Supernode plays important role in Bgogo ecosystem. New supernodes elected every quarter. Supernode could participate in listing decision.

BGG token: BGG token is a utility token used for trading activity. A total fixed number of 10 billion BGG will be created, 50% of which are allocated for mining through trading activity and trading fee rebates by returning 105% of the trading fee back to users. There is a fixed cap of daily minable tokens through trading activity capped at hourly rate of 1/24 of the daily cap. Mode of operation of Bgogo exchange is described in their wthiepaper.  Mining through trading: Unlike traditional crypto currency exchanges, Bogo adopts mining through trading option, wherein in traders will be rewarded through issuing tokens. Bogo aims to list quality digital assets for trading activity, Bogo active community has over 70000 members on telegram group and more than 12000 twitter followers.