"British company BitCoen is opening up an international blockchain market. The company declared
about its strategic goal – to help interaction between representatives of the Jewish communities
around the world. The...
"British company BitCoen is opening up an international blockchain market. The company declared
about its strategic goal – to help interaction between representatives of the Jewish communities
around the world. The BitCoen ecosystem is a system of services, qualitatively improving the life
of the Jewish community.
Jewish communities from different counties demonstrated their interest to the project at the pre-sale period.
Yet before the start of Token sale the audience of the project was more than 25,000 people from 124
countries. Project’s geography covers the whole world: states of North and South America, Europe, Asia,
Africa and Australia. According to the company's representatives, most requests for the purchase of BitCoen
tokens came from Germany, England, Spain, France, Italy and, of course, Israel. As previously reported,
Vyacheslav Semenchuk, founder and CEO of BitCoen, invested $ 500,000 of his personal funds in the
development of the project. Project’s pre-sale was held to strengthen on the market and to confirm the
interest of the audience. More than $150 000 were raised during the pre-sale without a single shekel spent
on marketing.
What does it have inside
The blockchain project BitCoen consists of several parts, each of these parts logically complements the
ecosystem.
BitCoen Token (BEN), which can act as a payment method between community representatives.
BitCoen loyalty program. Program users get BEN's after purchases/services from the program partners and
accrue BEN's instead of abstract loyalty program points. BEN's are accumulated and their duration isn't
limited. Unlike existing loyalty programs, that can have various restrictions for users, and often have unlimited
opportunities for scammers, BitCoen Loyalty is completely transparent. No small fonts and asterisks in the
program description. BEN's do not burn after time, and can't be canceled by anyone.
BitCoen Pay - payment system for online and offline purchases for private persons and businesses in points
that accept payment by BENs. We have experience in creating payment systems (Life.Pay, PayQR) and we
know how to make them even better so that the BitCoen project participants can use the most convenient
payment services.
BitCoen Platform is a marketplace for Jewish businesses. A businessman can expand the number of customers,
including at the expense of consumers from other countries.
BitCoen ADV - an advertising platform for the popularization of Jewish businesses, we already collected a huge
target audience and we can do almost any targeting.
BitCoen blockchain technology
BitCoen is based on the source code of the izzz.io platform and uses a consensus that is based on Limited
Confidence Confirmation Proof-of-Activity (LCPoA) and a trusted node system (Thrusted Nodes) to speed up
the network. It is also planned to create a BitCoen compatibility layer with the ERC20 standard, for easy
integration with exchanges. The choice of the izzz.io blockchain-platform is justified by the characteristics of
this system, which exceeds the analogs for a number of parameters.
LCPoA blockchain algorithm is one of the most important features of Bitcoen blockchain. This algorithm reliably
protects the network from spam and false transactions, while it does not require large expenditures of
computing resources. There is a lack of mining in the system, all transactions within the platform network - are
free. The technology provides a high network speed (up to 25,000 transactions per second). “BitCoen
Blockchain is a new generation blockchain, which does not require participation in the ""arms race"" for the
power of computers that spend an enormous amount of electricity. It is reliable, fast and free in terms of
blockchain transactions. We can say that Bitcoin is a first generation blockchain (Blockchain 1.0), Etherium is
Blockchain 2.0 and BitCoen – Blockchain 3.0,” explains Vyacheslav.
Token Sale
Since the BitCoen blockchain project is designed for a mass audience, it is very important to prove it with
maximum transparency and legality. BitCoen legal team provided different options for the development of
events and could create the most stable and secure system. BitCoen is a token, not an investment tool, it
does not imply receipt of passive profit and does not have any signs of a stock. BitCoen doesn’t hold ICO
but Token Sale only, which basically is a token pre-sale.
November 28, 2017 is the official start of the Token sale of the BitCoen blockchain project at http://bitcoen.io,
which will last until December 26, 2017. Up to 20 million BENs at the price of $1 per one BEN are available on
the Token sale. The emission of BitCoen is 100.000.000 BENs."
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