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It is consistently nice to see projects attempting to bigger the apple they alive in. This is abnormally nice because of the low acceptance amount of cryptocurrencies and Blockchain technologies on a all-around scale. A contempo CryptoCoinNews account went over the abridgement of Blockchain acceptance in Africa, while pointing out the massive opportunities that abide on the abstemious because of that fact. One new project, Bolenum, is attractive to alpha off there.
BOLENUM IDENTIFIES ADOPTION ISSUES
Though Bolenum has architect on an intercontinental project, the majority of their antecedent efforts arise to be in Africa. Their Whitepaper outlines the two capital issues they feel accept acquired cryptocurrencies to see lower calibration acceptance than added genitalia of the world.
The aboriginal obstacle is one accepted all too able-bodied by all cryptocurrencies: abridgement of accessible awareness. Many aloof do not apperceive about cryptocurrency, the Blockchain, or what it can provide. This could be because of a abridgement of cryptocurrency and blockchain evangelists, but additionally can be abhorrent on the abridgement of readily translated abstract into bounded dialects.
The additional botheration is one that abounding in the western apple accept not absolutely had to accord with: convertibility of funds. While every barter takes Euros, United States Dollars, and Chinese Yuan, it is way beneath acceptable that these exchanges will booty the Egyptian Pound, the Nigerian Naira, or the Moroccan Dirham. Without admission to authorization exchanges to catechumen to added readily accustomed currencies for crypto, individuals may be out of luck.
BOLENUM’S SOLUTION
They achievement to accommodate band-aid to these issues at the aboriginal ethereum based badge and barter belvedere that aims to arouse added accord in the cryptocurrency on the African continent.
The project’s token, BLN, aims to serve as a defended acquittal method, and additionally be able to assure wealth. These are Ether based tokens so they account from the acceleration and aegis of the Ethereum Blockchain.
The capital advantage that may advice the activity achieve its ambition is the actuality that they will additionally be aperture an barter that will acquiesce for BLN tokens to be traded for bounded currencies. This agency that addition will be able to not alone abjure the amount of their tokens into bounded currencies, but could accord bigger admission to the cryptosphere as a whole. If addition buys BLN with a bounded currency, they should in approach be able to barter those BLNs on a altered barter for any added agenda asset they were absorbed in. It not alone is an asset by itself, but a aperture asset to others ahead denied by authorization binding.
They will be captivation an ICO for this activity starting July 15, and it will amount for 30 days. 10,000,000 BLN tokens will be made, with 50% of those actuality accessible to the accessible in an ICO with the added 50% abaft captivated by the Bolenum aggregation as basic to abutment their approaching exchange.
Press acquaintance name
Mani Robson
Press Acquaintance Email Address
[email protected]
Supporting Link
www.bolenum.com
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