NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

Bonpay Announces Token Sale for Global Finance Platform

Yashu Gola
Yashu Gola
7 years ago
2 mins read
Bonpay

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

In an attempt to support the development of a blockchain-based global solution for financial freedom, Bonpay has decided to raise funds via an ICO.

The UK-based FinTech service, which focuses on promoting cryptocurrency dissemination and usage, stated in its latest press release that it will embark on its crowdsale campaign by mid-October 2017. It also used the opportunity to introduce its institutionalized token that will be the center of their upcoming crowdsale round.

BON, as the token is titled, will be an ERC20 standard cryptocurrency. 85% of these token units will be allocated for the public sale, while the rest of them will be assigned to the Bonpay team and early investors. They will also be reserved for long-term strategic interests.

The scale of Bonpay project is very big and it can be easily assumed where they will be putting all their financial resources in the coming months. The company is bringing, as it quotes, a revolutionary Decentralized Liquidity Network system that will enable any exchange or transaction process to be implemented on demand, swiftly and without any delay. This is a huge proposal, considering how the traditional crypto market is lately suffering from liquidity issues, hampering the overall user adoption rate, as a result.

“With DLN’s help, users will be able to exchange or purchase a currency of their choice without giving a thought about the underlying mechanism,” stated Bonpay. “The capabilities of DLN system fits Bonpay’s motto – to provide not only financial freedom but also the freedom of worries” perfectly. The platform ensures that all the participants of the deal are satisfied with their experience.”

The ICO will also support the development of a transparent rate system. This system is proposed in the wake of growing discrepancies of the ongoing currency exchange practices. Bonpay explained:

“This [Transparent Rate System] feature will be realized by the DLN implementation and will let users escape sharp exchange movements, avoid hidden conversion fee and execute future transfers reasonably.”

Tweet123Share196ShareSend
Yashu Gola
Yashu Gola

Yashu Gola

Yashu Gola is a Mumbai-based finance journalist. He is profoundly active in the bitcoin space since 2014 – and has contributed to several cryptocurrency media outlets, including NewsBTC, FxDailyReport, Bitcoinist, and CCN.

Read more

Academically, Yashu holds a bachelor's in information technology, with majors in data structures and C++ programming language. He has also won the 'Atulya Award' for his efforts towards raising $100,000 for an India-based farming project.

Close

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Solana (SOL) a un Bivio — Rimbalzo Probabile se i 142$ Tengono

Solana ha avviato un nuovo calo e ha ritestato la zona di supporto a 145$. Il prezzo di SOL ora...

clararosati 3 hours ago

Solaxy登陸MEXC及多家中心化交易所 24小時內暴漲127%!

Solana 生態首個 Layer-2 公鏈專案Solaxy (SOLX)在過去 24 小時內暴漲逾 127%,漲勢由其正式登陸全球頂級交易所之一 MEXC的消息引爆。 Solaxy 於上月完成超 5...

estherw 4 hours ago
Dogecoin koers geprogrammeerd voor nieuwe all-time high - gaat DOGE naar 1 dollar dit jaar?

Dogecoin koers geprogrammeerd voor nieuwe all-time high – gaat DOGE naar 1 dollar dit jaar?

De Dogecoin koers heeft sinds zijn piek van december 2024 een daling ervaren van bijna 70%. Dat heeft een situatie...

Lars Diederiksen 5 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Dogecoin price news

Dogecoin Under $0.20 ‘Is Free,’ Says Analyst—Predicts 2,000% Upside

Jake Simmons 16 minutes ago
한국, CBDC 공식 철회… 스테이블코인 급부상 속 베스트 월렛의 경쟁력 부각

한국, CBDC 잠정 보류… 스테이블코인 급부상 속 베스트 월렛의 경쟁력 부각

Soyeon Lee 1 hour ago
Beste crypto ETF's 2025 - welke nieuwe ETF goedkeuringen komen deze zomer?

Beste crypto ETF’s 2025 – welke nieuwe ETF goedkeuringen komen deze zomer?

Lars Diederiksen 3 hours ago

Premium Sponsors

Press Releases

  • 仮想通貨プレセールで1.45百万ドル調達-人為的ミスを排除し次の100倍を目指す新鋭トークン

    ...

    3 minutes ago
  • 仮想通貨おすすめ|2025年に注目のポートフォリオ向け有望銘柄4選とは?

    ...

    27 minutes ago
  • 「壮大で美しい法案」成立も暗号資産税制救済なし、新しい仮想通貨が未来を切り開く

    ...

    53 minutes ago
  • FUNToken

    FUNToken Now Listed on Poloniex, Strengthening Global Reach...

    1 hour ago
  • ミームコインプレセール急騰|SPX6900は11%下落も新星コインが注目集める

    ...

    1 hour ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.