BasketCoin

BasketCoin

TBA
3,888 Views
The first deflationary token, secured with a basket of cryptocurrencies, with the possibility of staking. BasketCoin is: Deflationary, With collateral - covering its value, With the system of repurchase and burning of BSKT tokens. 1. A fee of 2% of the value of each transaction will be taken from the transfer - half is burned out, the other half goes to the staking/reward pool which indeed speeds up the process of reducing supply. As well the Smart Contract assumes that a total of 90% of all BSKT will be burned -> supply will decrease from 21,000,000 to 2,100,000 2. The BSKT token is secured with a basket of seven cryptocurrencies that cover its value. The security so adopted is intended to ensure a constant and stable increase in the value of tokens. Thanks to the correct match of coins in our basket, its value is less susceptible to fluctuations appearing in the cryptocurrency market. The BSKT token security chart looks like this: Bitcoin (BTC) – responsible for 25% of the value of the coverage, Ethereum (ETH) – responsible for 25% of the coverage value, Polkadot (DOT) – responsible for 10% of the coverage value, Smarkey (SKEY) – responsible for 10% of the coverage value, YfDAI.finance (YF-DAI) – responsible for 10% of the coverage value, USD Coin (USDC) – responsible for 10% of thecoverage value, Basketcoin (BSKT) – responsible for 10% of the coverage value. 3. All listed cryptocurrencies that make up the BSKT basket will be used to generate additional profits on platforms such as: crypto.com (profits of 3%-12% APR), YF-DAI (profits up to 72% APR), Swissborg (profits up to 20% APR), and other decentralised profit-generating platforms in DeFi format. Revenues from these platforms will be used in the repurchase process for the redemption and burning of BSKT tokens, contributing to a significant reduction in supply on the secondary market. 90% of the above profits will be used for repurchase and burnout, while the remaining 10% will be used for ongoing and necessary expenses related
6.2
TOTAL SCORE
7.7
ICO PROFILE

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TEAM PROOF

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General
Website: Visit
White paper: Read
Dates: TBA
Country: Poland
Token info
Ticker: BSKT
Platform: Ethereum
Token Type: ERC-20
Available for sale: 14,490,000 BSKT (69%)
Total supply: 21,000,000 BSKT
Financial
Pre-sale Price : 1 BSKT = 0.000083 ETH
ICO Price: 1 BSKT = 0.0001 ETH
Accepting: ETH
Bonuses: Pre-Sale - 10% bonus
2018
Start of the project
2019
Strategy and implementation tests
Q4 2020
Detailed product concept<br /> Team organization<br />
Q1 2021
Financing assessment, funding phase<br /> Launch of implementation "PoS Platform"<br /> Launch of the "PoS Platform" implementation tests<br /> Completion of the "PoS Platform" testing phase<br /> Starting test phase of "Rewards Pool Wallet" process<br /> Completion test phase of "Rewards Pool Wallet" process<br /> Launch of the "LM Platform" implementation tests<br /> Smart Contract v2.1<br /> Website v2<br /> Marketing activities<br /> Smart Contract v2.1 audit<br /> Completion of the "LM Platform" testing phase<br /> Lock of team’s tokens<br /> Initiating AMA series<br /> Presale<br /> Public sale lasting 14 days<br /> Listing on DEX: UNISWAP liquidity pool<br /> Application to Coingecko and CoinMarketCap<br />
Q2 2021
NFT system development<br /> Development of governance tokens utility<br /> Application to CEX exchange<br />
Q3 2021
Implementation of NFT tokens<br /> Governance tokens implementation
Q4 2021
Governance and voting platform<br /> RoadMap 2022
Screenshots taken on 9 Mar 2021
Marcin
CEO
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Michał
CTO
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Hubert
CMO
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Tomasz
CPO
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Tymoteusz
CRM
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Mykyta
Senior Full-Stack Developer
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Tomasz
Motion Designer
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Tomasz
UI/UX Designer
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