Date: January 3rd, 2018 6:16 PM
Author: Haunting corn cake
https://coinmarketcap.com/currencies/bridgecoin/#ETH
this is a play on a promising platform + on the fact that etherdelta has decided to become retards. see below on that.
as for BCO, it's a promising decentralized exchange with a very attractive staking mechanism whereby you recieve a portion of the fees that are obtained on the platform depending on how long you stake your coins. you get a cut regardless but if you lock up your coins for a full year you get a 100% bonus as well; 50% bonus for 6 months, 25% for 3 months, 0% for 1 month. right now i'm staking mine for 1 month.
cons - it's a little tricky to use in that you need to visit the site on your browser, set up a new wallet, copy down a key phrase, etc. but it's relatively idiot proof. dont let that be a barrier to entry.
pros - being shilled like crazy on cryptotwitter and a very easy to user interface. imagine a hybrid of etherdelta and binance coin and you have the token mechanics of BCO down. and with etherdelta being retards (see below), BCO could very well take over the crown of being the top DEX (if anybody has other candidates lmk). in addition, the interface is responsive, easy to use and slick, everything EtherdelTTTa is not.
here is why etherdelta are tards:
they are about to launch an ICO so they intend to charge 2% of the market cap of a coin to list the coin, which must be paid using their ED Token, which they will hold in escrow
https://medium.com/@terryliu_71238/in-order-to-protect-etherdelta-users-and-investors-benefit-we-have-decided-that-during-the-bd33464dbca0
For instance, Project X’s total market value is 20 million USD at the time of listing. After negotiation, both the project and EtherDelta reach an agreement that 2% is the accepted ratio, then 400,000 USD worth of EDT tokens is required to be deposited in the project’s official wallet and must be locked up through smart contract for 6 months. After the 6 month period is over, the project will decide what to do with the escrowed EDT tokens.
BCO would have been a thuper bullish play even before this ED news that broke this afternoon but now BCO is even better. gogogo faggots.
(http://www.autoadmit.com/thread.php?thread_id=3848512&forum_id=7#35074135)