Biokript is a blockchain-powered hybrid exchange

100bnbwin
4 min readJul 5, 2023

#BIOKRIPT #PARTNEHSHIP #PRESALE #EXCHANGE #HYBRID #SHARIAH

Biokript positions itself as a blockchain-powered hybrid exchange that seeks to merge the advantages of centralization and decentralization. By doing so, Biokript aims to offer users a unique trading experience that encompasses the benefits of both models.

Centralized exchanges (CEXs) typically provide a user-friendly interface, high liquidity, advanced trading features, and customer support. However, they require users to trust the exchange with custody of their funds, which can present security risks.

Decentralized exchanges (DEXs) operate on a blockchain network and allow users to trade directly from their wallets without the need for a central authority. DEXs offer enhanced security and privacy due to the absence of a central party controlling user funds. However, they may face challenges in terms of liquidity and user experience.

As a hybrid exchange, Biokript aims to address these limitations by combining the strengths of both centralized and decentralized exchanges. This could involve providing a user-friendly interface, advanced trading features, and customer support similar to centralized exchanges. Additionally, Biokript may leverage blockchain technology to facilitate peer-to-peer trading, maintain transparency, and enable users to retain control over their funds.

The specific features and mechanisms of Biokript’s hybrid exchange model would require further details from the project itself. It’s advisable to review their official documentation, platform features, and user feedback to gain a deeper understanding of how Biokript combines centralization and decentralization to provide a unique trading experience.

As with any investment or engagement in the cryptocurrency space, it’s crucial to exercise caution, conduct thorough research, and consider the risks and benefits associated with participating in a hybrid exchange.

Biokript Mission

Biokript’s mission to empower both new and experienced crypto investors is aligned with the principles of decentralization and financial empowerment. Here’s how:

  1. Decentralization: By embracing the principles of decentralization, Biokript aims to provide users with more control over their financial assets. Decentralization means that users can transact and manage their funds without relying on a central authority or intermediary. This gives individuals the ability to be in charge of their own finances, reducing the need for traditional financial institutions and potentially increasing transparency and security.
  2. Financial Empowerment: Biokript’s focus on empowering crypto investors indicates a commitment to providing individuals with the tools, resources, and opportunities to participate in the cryptocurrency market. This can be especially beneficial for new investors who are seeking to enter the crypto space and gain exposure to digital assets. By offering a user-friendly platform, educational resources, and support, Biokript aims to enable individuals to make informed investment decisions and take control of their financial future.

The principles of decentralization and financial empowerment are core tenets of the cryptocurrency and blockchain industry. By aligning with these principles, Biokript aims to contribute to a more inclusive and accessible financial ecosystem where individuals have the freedom to manage their assets and participate in the emerging world of cryptocurrencies.

Token sale: 35%

Treasury, airdrops, community: 30%

Founders and team: 15%

Listing and liquidity: 15%

Advisors/Ambassadors 5%

TOKEN SALE SCHEDULE

​October 31, 2022: Private Sales — Round A: 2% — 10M tokens at $0.005/ 10% at TGE[1] then 10% quarterly

June 27th 2023: IDO — Initial DEX offering 15% — 75M tokens, 100% unlocked

August 5th, 2023: IEO — Initial CEX offering 18% — 90M tokens, 100% unlocked

BIOKRIPT EXCHANGE FUTURE

Biokript Exchange positions itself as a cutting-edge hybrid platform that aims to revolutionize the process of buying and selling cryptocurrencies. By adopting a hybrid approach, Biokript seeks to offer users a unique and innovative trading experience. Here are some key aspects of Biokript’s value proposition:

Combination of Centralization and Decentralization: As a hybrid platform, Biokript combines the advantages of centralized exchanges (CEXs) and decentralized exchanges (DEXs). This approach aims to offer users the benefits of a user-friendly interface, advanced trading features, and customer support typically associated with centralized exchanges, along with the security, transparency, and user control offered by decentralized exchanges.

User-Friendly Interface: Biokript focuses on providing a user-friendly platform that simplifies the process of buying and selling cryptocurrencies. This approach aims to cater to both new and experienced users, making it easier for individuals to navigate the platform, execute trades, and manage their cryptocurrency holdings.

Innovative Trading Features: Biokript strives to introduce innovative trading features that enhance the overall user experience. These features could include advanced order types, comprehensive charting tools, real-time market data, and customizable trading interfaces, among others. By offering these features, Biokript aims to provide traders with a sophisticated trading environment.

Enhanced Security Measures: Security is a critical aspect of cryptocurrency exchanges, and Biokript emphasizes implementing robust security measures to protect user funds and personal information. This may involve employing advanced encryption techniques, multi-factor authentication, cold storage solutions, and regular security audits to ensure a secure trading environment.

CONCLUSION

Biokrip Shariah compliant business model will tackle all of the above stated problems. Biokript token will eliminate manipulating trading volume since Biokript holders will receive trading revenues and it will not be sustainable to do wash trading by basically giving free money to token holders. Moreover, since all of Biokript’s transactions are done on blockchain, everything Is open for audit and review.

Useful LINKS

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Author

Bitcoin talk Username: adibakala
Bitcoin talk profile link: https://bitcointalk.org/index.php?action=profile;u=3403543
BEP-20 Wallet Address: 0x412341Cd2722e7DF760C16A4E53492181197B6bD
POA : https://bitcointalk.org/index.php?topic=5456807.msg62429396#msg62429396

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