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Burency Token (BUY)

1. Project Introduction

Burency is an advocate for crypto and Blockchain adoption, particularly in the MIDDLE EAST. The platform is designed to address key challenges that prevent widespread adoption within the cryptocurrency and Blockchain ecosystem such as exchange’s lack of liquidity and security, unsustainable mining, and unawareness of Blockchain applications to businesses.

The platform presents 3 major projects:

REGULATED AND FULLY INSURED CRYPTOCURRENCY EXCHANGE 

The Burency Exchange is a regulated exchange platform that addresses key challenges including security, liquidity, fiat to crypto transactions and vice versa, and more. The exchange is one of the world’s fully insured platforms with Lloyd's of London.

SUSTAINABLE MINING OPERATION 

The Burency Mining facility answers some of the challenges associated with crypto mining such as mining destruction to the environment and excessive mining power expenses by creating a sustainable facility powered by renewable hydropower. Burency provides a streamlined platform for the generation of cryptocurrency via purchased timeshare slots within the mining facilities using the BUY token. Additionally, computational power can also be purchased via the BUY token which governs purchases across the Burency ecosystem.

BLOCKCHAIN RESEARCH & DEVELOPMENT CENTER 

The Burency Blockchain Development Center is dedicated mainly for advising enterprises on Blockchain applications and helping them operate on the blockchain for more efficient operation and business transaction execution. In particular, the center focuses on the creation of smart contracts that enable businesses to trade with entities across geographical and jurisdiction boundaries.

 

2. Token Features and Application Scenarios

Burency operationalizes the BUY ERC-20 token to facilitate crypto trading operations. ERC-20 is a technical standard used for smart contracts on the Ethereum blockchain for implementing tokens. 

BUY tokens are backed by the Ethereum blockchain and service as the primary transfer medium for trading operations. The BUY token also enables users to purchase services and facilities within the Burency ecosystem including computational slots for the Burency Mining Centre, The BUY tokens are smart-contract driven to boost transactional trust. 

 

3. Token Info

  • Token Name: BURENCY TOKEN
  • Token Symbol: BUY
  • Total Supply: 700,000,000 BUY
  • Token Type: ERC-20
  • Token Distribution: 64% For Sale, 20% Reserve for Exchange Platform, 10% for Team, Advisors & Partners, 6% For Marketing
  • Token Sale Information: 

Screen_Shot_2020-08-13_at_11.07.12_AM.png4. Useful Links

 

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