BOOM CRYPTO MARKET :Decentralized Platform That Aims to Bring Transparency to the Cryptocurrency and Blockchain Industry

About Project Ideology

Boom Crypto Market is a decentralized platform that aims to bring transparency to the cryptocurrency and blockchain industry, as well as provide users, traders, investors and institutions with sufficient information for more informed decisions.

The Crypto Market boom aims to reduce the hassle of roaming on multiple platforms before picking up certain information; the platform will concentrate on centralizing information on a decentralized platform which in turn will save time and money.

The idea is to maximally eliminate fraud from the blockchain and cryptocurrency industry and give the world's unbanked population, freelance sector, and remote service providers and buyers the confidence of the world's.

Boom Crypto Market will provide the following Defi services;

Decentralized Staking Platform

● Boom Crypto Market will provide staking functionality, which will allow users who stake BCM tokens on the platform to get multiple cryptocurrency assets including MOR, and other cryptocurrencies will be included from time to time.

● Earnings from other cryptocurrencies will be proportional to BCM token holdings calculated on the platform based on an internal formula which will be disclosed to the community once the launch quarter approaches, as a subsidiary of MorCrypto Exchange, BCM tokens will soon be listed on MorCrypto Exchange after presale listing and Uniswap .

Decentralized Market

● The Boom Crypto Market platform will provide a decentralized service provider platform for buyers and sellers of goods to interact without interference from third parties. In recent years, the global village has grown and service providers have found the need to work online and remotely more than ever and the pandemic that has introduced a new era has made long-distance services especially important.

● Barriers have always been a matter of trust between the parties involved and this has limited the corporate world, especially the blockchain industry. For example, a project wants to list assets on a P2P trading exchange but can barely reach the proper authorities responsible for offering this service, or a project needs promotional services and reaches out to companies to provide those services. and they end up falling into the hands of the fraudsters, making payments to the con artists and losing funds in the process.

● The Boom Crypto Market platform will ensure that no paid service without evidence of the two parties involved is provided on the platform to show the completion of the contract. The platform will automatically provide a contract receipt as proof of ongoing or pending transactions; this can be used as a voucher by the service provider or the customer as proof of the transaction.

● One of the benefits of this market is that it helps startups quickly find and interact with industry leaders and experts while service buyers get the best professionals working for them, placing responsibility for identity verification on the Boom Crypto Market platform and smooth contract settlement our smart.

Cryptocurrency Asset List Platform

● One of the problems faced in the cryptocurrency and blockchain space is the lack of accurate information, there seems to be a lot of manipulation taking place in many places. The Boom Crypto Market platform will have features such as trading history, order book, and daily volume and total generated, current trading volume, active trading platform, and much more for any registered token or P2P trading exchange.

● With these features available on the Boom Crypto Market platform, there is no need to roam around trying to find information about any asset.

● It will be a platform where all available information about any asset or project will be available on one platform; this will also be a way for the project to create trust between them and their community and also attract investors based on trust.

Cryptocurrency assets and exchange lists

● As the name implies, the Boom Crypto Market platform will list available, credible and active cryptocurrency projects, exchanges, professionals and companies on the platform for proper tracking. There will be strict criteria for listing any project, asset, exchange, professional or company. The process will commence with application to the appropriate channels for verification and provision of any other requirements required by the team.

UTILITY PLATFORM & TOKEN

● As a platform that provides a marketplace to help service providers provide services to customers with trust while helping service buyers to acquire service providers, the BCM token which is the base token that powers the Boom Crypto Market platform will be used for payment of fees for all transactions made on the platform.

● Service buyers and sellers can decide to pay or receive payments in BUSD, BNB, MOR, or BCM. Transaction fees will be paid in BCM, BNB, BUSD or MOR depending on the user's choice. This fee will be used as a reward on the betting platform and for liquidity providers.

● BCM tokens can also be used to pay for services offered in the market; for example professional advertisements, project advertisements, promotions and other value added services offered on the platform.

● Other cryptocurrencies such as BUSD, BNB, MOR and currently being integrated including fiats will be available for storage and exchange with BCM on the platform to be used for transactions and processing fees.

● We believe there are many business entities that lose funds every year due to fraud and unprofessional service providers, the Boom Crypto Market platform will drastically eliminate these losses while ensuring customers are satisfied with the services provided to them. The Crypto Market boom presents a new level of combining trust and satisfaction all in one platform, and no sector is excluded.

● THE JURY (Governance): As a platform that will cater to different types of personalities around the world, we believe there will be times where we may see some disputes and may require resolution from both parties. Our platform will have a mechanism known as "Jury" which is similar to a court, in case of a dispute the smart contract will transfer the authority of releasing funds to the "Jury" which is categorized based on the amount of liquidity provided on the platform.

TOKENOMICS - Business Models