Time to introduce Bazista token!

Vakhtang Abuladze
3 min readOct 11, 2017

My first two posts were a kind of introduction to Bazista itself, our vision of the current economic and technology context and our mission that we’re looking to accomplish together with the community. Further I will explain more about the platform’s mechanics, BZS token economy and of course token sale specifics, bonuses and promotion campaigns that we’re planning to launch soon. Let’s start with describing the platform’s tokenomica.

First of all, BZS tokens will be used to buy and sell staff within the platform, along with other cryptocurrencies. We plan to start with integrating Bitcoin and then work our way down the TOP-10 cryptocurrencies. So why do we need our own token when other digital assets will also enable to operate within Bazista?

Reason #1: Investments, obviously. Attracted funds will enable to boost the platform’s development process, stabilize support and get broad media coverage to attract real users.

Reason #2: Flexible fee system. The platform’s fee will be changing, depening on the amount of BZS tokens deposited on the account. If you go as far as depositing over 48 000 tokens you’ll be exempt from any fees at all.

Reason #3: Discounted products. Once in a while Bazista will launch discount sale campaign, identifying the hottest products on demand and enabling users to buy them for a much lower price if using BZS tokens. In order to be able to implement that Bazista will arrange a reserve fund, where part of the platform’s transaction fees will bee transfered.

Reason #4: Exposure driver. Users will receive BZS tokens for inviting new users to the platform and they will also make tokens by promoting other users’ offers, well if the deal is closed thanks to them of course. Easy-cheesy!

Besides that, we’re developing an analytical dashboard, which would help both buyers and sellers to act more efficiently within the platform. In order to be able to use, user will have to pay for a monthly access or deposit over 48 000 BZS tokens to use it freely.

Users will also be able to purchase various access packages, which will include up to 1 000 free deal offers per month.

The total amount of BZS tokens is 440 000 00, 321 000 000 is the amount that will be available for sale. Please see the chart below:

Stay tuned! More details about the upcoming token sale are coming!

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