On November 1, 2017, the first legal token, BioCoin , was launched in Russia , which is a financial instrument of the Lavka Lavka farm cooperative. In the first 2 days of the token, a tariffication is set - $ 1/40 BIO. From November 3 to December 12, coins will be sold at a price of $ 1 for 35 BIO.
The BIO token is a Peer Coin fork with its own distinctive parameters.
The built-in network of BIOCOIN combines ECO-production of organic products throughout the world. The released tokens can be used to purchase goods in affiliate stores or catering establishments, and also to sell profitably. Already today, coins are put to use among producers of ecological food products.
Lavka Lavka farm cooperative has thousands of farmers, buyers and representatives of retail trade from all over the world, which helped to form a solid foundation for the development of the global ecosystem. Other representatives of the "green business" expressed their readiness to join the cooperative and join the loyalty program. Such involvement will significantly strengthen the infrastructure.
According to the project's founders, by the end of 2017, 500 businesses will join the BioCoin system. Currently, Russian farmers already use more than 20 million BIO coins.
Placement of tokens on the investment site "Vostok" is a unique difference between the BioCoin block-project. This means that the ICO is conducted in full compliance with the legislation of the Russian Federation. In addition, Boris Akimov, the founder of Lavka Lavka and the project director, received an official invitation from the Kremlin to head the ICO under RACIB.
Akimov believes that the sale of BioCoin tokens favorably affects the regulation of ICO in the Russian Federation. The importance of this event is confirmed by the interest of high-ranking personalities. At the presentation of the block-platform, one of the guests was Russian Prime Minister Dmitry Medvedev with Elina Sidorenko, who provided legal support to the ICO. Also, it should be noted Mikhail Shlyapnikov, who takes part in the legalization of block projects among Russian farmers, and representatives of the Siberian Chervonets for two years, they managed to increase the cost of Sibcoin (the first crypto-currency of Siberia) by 200 times.
The BIO's pre-order tokens attracted $ 3 million of crypto-investment .. This amount, according to the statement of the team, exceeded their expectations by half. By the end of the ICO, it is planned to collect at least $ 15 million.
https://biocoin.bio/
https://biocoin.bio/files/Whitepaper.pdf
Nice review, thanks for sharing your thoughts.
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