1. Brief Introduction of BiKi Exchange
Founded in August 2018 and headquartered in Singapore, BiKi Exchange is a global digital currency trading and blockchain technology service provider. With a strong technical and operations team, the platform is committed to creating the safest, most stable and efficient digital currency trading platform for users around the world. At present, it supports many languages such as Chinese and English, and serves nearly 100 countries and regions, with over 3 million registered users worldwide. BiKi has launched a subversive " mining, repurchase and burn" model where 100% of the platform fee will be used to buy back and burn the platform tokens. Du Jun, the former co-founder of Huobi and the founder of Golden Finance, has jointly participated in the establishment of BiKi.com, and personally invested 5 million US dollars and served as the co-CEO of BiKi.com.
In May 2019, BiKi.com announced the official appointment of its Southeast Asia CEO, Mr. Ethan Ng.
Link 1: Rising against the trend, how did trade-and-mine BiKi destroy Fcoin?
Link 2: BiKicoin fearlessly spent millions to acquire BiKi.com as its domain name to penetrate the global market.
Link 3: Du Jun invested 5 million US dollars and served as co-CEO
Link 4: BiKi.com formed in-depth co-operation with Tron, a new alliance in the ecological field of blockchain industry.
Link 5: BiKi.com Appoints Southeast Asia CEO, Mr. Ethan Ng.
Link 6: BiKi Has Received Investment From One of Blockchain’s Top Venture Capitalists, FBG Capital
Link 7: Fast-Growing BiKi.com secures Investments from Genesis and FBG Capital
Link 8: Forbes Lists BiKi.com in Top 10 Blockchain Companies to Watch in 2019
Link 9: BiKi.com Compares Favorably Against Top Exchanges Binance, OKEx and Huobi
Link 10: Exchange Token BIKI Poised to Continue Upward Surge
Link 11: Biki.com: Exchanges and Projects Are Interdependent “There is No Other Way”
Link 12: BiKi Announces Partnership with Top ICO Bench Advisor, Ong Jun Hao
Link 13: BiKi.com Celebrates First Anniversary and Advocates Blockchain Empowerment For All
Link 14: BiKi.com: Gateway to Globalization
Link 15: BiKi.com Announces the Listing of Crypto.com Chain (CRO)
Link 16: BiKi.com Debuts on CoinMarketCap Ranking Within Top 20 Exchanges
Link 17: BiKi.com Announces Coinsby As BiKi Partner Node
Link 18: BiKi.com Announces Partnership With Global Digital Assets
Link 19: BiKi.com Appoints Ex-Odin CEO As Global Business Development Director
Link 20: BiKi.com Makes a Splash at Consensus Singapore: Invest Asia 2019
Link 21: BiKi Exchange Review on Cryptowisser
Link 22: Review of Biki Exchange: A Fast-Growing Global Crypto Exchange
Link 23: New type of cooperation drives new markets
Link 24: 4 New Digital Asset Exchanges Worth A Look
Link 25: Entering the Chinese Crypto Market is Getting Easier
Link 26: 10 Blockchain Companies To Watch In Asia
Link 27: BiKi Exchange Review: Bitcoin, Trading & Fees
2. Introduction of BiKi Platform Token - BIKI
BIKI is the token issued by BiKi Exchange and is the representative of the exchange's own rights and interests. The initial supply of BIKI is 1 billion. The issuance and destruction of BIKI is based on the " mining, repurchase and burn" model and with the principle of continuous repurchase and burning, the total amount will eventually be reduced to 100 million. Currently 344 million has been destroyed and the circulation supply will continue to decrease in the future so that benefits will continue to increase, creating an extremely deflationary economic ecology.
i) Total Supply and Distribution Method
Total issuance: 1 billion. Of which 60% for mining, and the mining and private crowdfunding portions are unlocked in accordance to the mining progress; where mining has completed in January 2019; 15% to the team to be unlocked over 4 years at 1/48 per month and first unlock period to be in January 2019; 12% to the foundation to be used for strategic cooperation and ecological construction to be unlocked over 4 years at 1/48 per month and the first unlock period to be in January 2019; and a total of 10% to angel investors, strategic investors, private crowdfunding to be unlocked with mining. 3% of the community partners in the initial stage have no locked position requirements but they may obtain by completing the registration verification and making community contribution through participating in the Community Partner Program.
Link 1: BIKI Smart Contract Address:
Link 2: BiKi.com Announced A Total Repurchase & Destruction of 174 million since Transaction Mining
Link 3: Biki.com Announced Repurchase & Destruction of 1 billion BIKI
Link 4: Biki.com Announced Completion of 600 million Mining Quota
ii) Repurchase & Burn Mechanism and Usage
100% of the platform fees will be used to repurchase and burn the BIKI tokens until the total supply is reduced to 100 million. The rules for the burning of BIKI will be announced in future.
iii) Benefits of BIKI
BIKI can be used to reduce trading fee deductible at 25%; or apply to be our OTC merchant (subject to a locked position of 1 million BIKI); or participate in the BiKiPower subscription (subject to holding asset of BIKI); and/or be our Community Partner to earn multi-tier rewards (subject to a locked position of 30,000 BIKI).
Link 1: Biki.com Announced 25% Trading Fee by BIKI Deduction
Link 2: BiKi.com Announced Launch of Community Partner Program Version 2.0