Boomcoin (BMC)

Boomcoin (BMC) is a unique cryptocurrency that derives its value from multiple utility. It is the only acceptable form of payment for fees, goods and services across the entire Boom ecosystem. Boomcoin is the native asset of the boom blockchain, the base currency of Boomswap that all stablecoins are traded and routed against and the medium-of-exchange for goods and services in the Boom superapp.

• Total maximum supply: 2 billion (All pre-mined)

• Global disbursement to Boomswap Liquidity Providers in 150 Countries: 1.50 billion

• Boom Team & investors allocation: 450 million

• Boom Foundation: 50 million

Boomcoin (BMC)

Boomcoin’s total supply is permanently limited to 2 billion and as such, it can be used as a store of value to hedge against fiat inflation.

BMC can be purchased p2p directly within the Boom wallet, hATM network, on Boomswap, Boomfaucet and from liquidity merchant partners globally with cash, bank transfer or with crypto.

Why is Boomcoin unique compared to other cryptocurrencies?

Boomcoin is a unique cryptocurrency because its value is derived from its multiple utility. Boomcoin is the native asset of the Boom blockchain in which all transaction fees are paid, it is the base currency on Boomswap that all stablecoins are traded against, and it is the medium-of-exchange for goods and services in the Boom superapp.

Is Boomcoin Political?

No, Boomcoin is politically and financially neutral.

How does Boomcoin avoid Centralisation?

To avoid the centralisation of Boomcoin within one market or jurisdiction, BoomDAO is distributing 75% of its total supply i.e. 1.5 billion BMC, to liquidity Providers at the rate of 10 million per country across 150 countries worldwide. This avoids centralisation and ensures that people in all countries benefit from its utility and created growing value.

How does Boomcoin compare with other leading cryptocurrencies?

Boomcoin has been labelled “the Bitcoin for everyday commerce” because of its multiple utility and limited supply.