BM is the equity representative of the Bimin.co platform, as well as the equity representative and basic certificate of the BM public chain. All listing fees and deposits on Bimin.co only charge BM.

Project Release

The total amount is 10 billion, BIMIN TEAM holds 20% (2 billion), which is used for team incentives and talent development plans, locked for 1 year, and then 10% is unlocked every quarter; 20% (20 100 million) for BM ecological project cooperation (cooperative projects and BM entering the market for regular publicity); 5% (500 million) for free airdrops for the first batch of users; 30% (3 billion) for private placement, 25 % (2.5 billion) for public offering.
BIMIN TEAM uses 50% of the platform revenue to repurchase and destroy BM regularly every month, and the BM required to apply for sub-platform and project side management background and vote for listing will also be destroyed until the final circulation of BM is 1 billion so far.

Project lockup

Bimin. co supports and encourages holders to lock up BM to obtain longer-term investment returns and richer community rights. The lock-up is done voluntarily by BM holders, which is a reflection of their investment confidence. In addition, the core business of Bimin.co will also propose lock-up requirements and be equipped with corresponding lock-up rights. BM lockup status and secondary market circulation can be clearly checked on the official website of Bimin.co.

Extreme deflation

BIMIN TEAM uses 50% of platform revenue to repurchase and destroy BM regularly every month, and the BM required to apply for sub-platforms and management backgrounds, as well as vote for listing and the BM paid by the project party will also be destroyed until BM The final circulation is 1 billion pieces.
The project party uses the management background service and pays BM every month, and all the BM will be destroyed.
All BM collected from listing fees will be destroyed.
Pay BM as a risk deposit. This part of the funds will be locked and unlocked after one year. 10% will be unlocked every quarter. It will take 2.5 years to unlock all of them.
Bessubexchange application and payment fees are all destroyed.
OTC merchants need to mortgage BM when applying for the qualification to publish advertisements.
For projects where users participate in voting for listing, 50% of the BM they voted for will be destroyed immediately, and the other 50% of the BM will be owned by the project party. After one year of lockup, 10% will be released every quarter. It will take 2.5 years to unlock all of them.

*The above content is organized by YouToCoin official. If reprinted, please indicate the source.