BitConnect.co, the team behind BitConnect Coin (BCC) takes pleasure in announcing the completion of its successful ICO. The ICO saw community members buying over 1 million BCCs, paving the way for the next phase of development which included the launch of its proprietary BCC exchange.
During the ICO, the new cryptocurrency was sold at the rate of 1000 BCCs per BTC, and the early adopters received up to 40% bonus on their investment. With enough backers, the platform finished the exchange development in just ten days. The BCC exchange will see a lot of new features in the coming days, including the addition of support for multiple cryptocurrencies alongside BCC.
BitConnect Coin’s full-node software is openly distributed with a new desktop client for mining and staking the cryptocurrency under proper guidance. BCC holders can now use the existing web wallet to conveniently send the cryptocurrency to BitConnect desktop client and other desired trading platforms. The BitConnect Coin is based on a special POW/POS algorithm for added network security. The algorithm also turns BCC into an interest-bearing asset with a 120% return per year. To gain profits through POS minting, users will have to hold their coins in a BitConnect-QT wallet.
BCC community members can experience a new level of empowerment through the open source platform that connects them socially and financially to a secure, protected community of investors and lenders. With the community’s help, BCC owners can also benefit from the cryptocurrency’s exponential price rise by increasing their deposits in the wallet. The interest gained during the period translates to a hefty profit.
Few new features in store for 2017 include the launch of BCC Mining and Staking Pool and its own Smart Card. These features will not only allow community members to earn, but also spend the cryptocurrency for their everyday expenses. The whole BitConnect platform, which started as a concept in Q1, 2016 has scaled to become the world’s fastest growing online Bitcoin community. The website, BitConnect.co features among the top 80k sites on Alexa. More information on BitConnect Exchange is available here.
BitConnect is an open source platform for Bitcoin and other cryptocurrency users to earn, learn, but and sell bitcoins to other trusted community members directly.