How BookMyGain is Disrupting the Crypto Industry
There’s no doubt the crypto industry continues to drastically change our way of thinking about money. Now, BookMyGain is set to change our way of thinking about ICOs by asking its public to vote on a token price.
Even though the world is changing, some aspects are taking a little longer than others. Since the first bank was established hundreds of years ago, financial security has been somewhat dependent on these institutions. People are not really in control of their own money as they have to look in askance to the banks whenever they need access to it.
However, cryptocurrencies are changing this and are drastically disrupting the status quo. This may be to the chagrin of these financial institutions, but definitely not to individuals looking to be in control of their own wealth.
This is where BookMyGain (BMG) comes in. Not only are they paving the way to an all-inclusive financial future for all, but they are doing so with the help of their community.
Change in an ever-changing industry
The platform is doing this through their revolutionary product, Smart-Swaps. However, it’s their ICO process that’s really shaking things. This is where BMG shows that they’re taking disruption to a whole new level, even within the innovative sphere of cryptocurrencies.
This industry is all about transparency and not answering to one entity. However, this is exactly what ICO investors are doing when it comes to buying tokens as the price thereof has been predetermined by the developers. This is not the case with BMG though.
In fully embracing inclusivity, the platform is turning to their community to set the token price. By democratizing the price-setting process, investors can rest assured that they’ll be getting the best price possible as they would have set it.
The interested public will have six weeks to vote on a price above $1. After that time, the price with the most votes will be the price at which the tokens are sold to non-premier members. It will also be the price listed on the exchanges that BMG Tokens will be added onto.
There’s no doubt that the platform’s flagship product, Smart-Swaps, is at the forefront of innovation. However, by allowing their community to make such an important decision shows that the platform wants the public to do more than just use their service: they want their community to be an integral part of their revolutionary journey.
If you’d like to be a part of this latest innovation in the crypto industry, visit the platform and request to be notified when public voting opens. You can also connect with BMG on Telegram.
Images courtesy of Pixabay
