BGOGO

[shadow.bishop]

Bgogo is a cryptocurrency trading platform that differentiates itself as the first exchange to feature supernode listing authority.

The platform currently has 45 trading pairs between various digital assets with Bitcoin, Ether and Tether with low maker and taker fees at 0.1%. For a list of current trading pairs and fees, see: https://bgogo.com/fees.

Bgogo also utilizes transaction mining, a new feature that is used by a number of exchanges (e.g. FCoin) whereby a portion of commission revenue is distributed back to token holders. Bgogo claims to have a higher utilization rate as it uses a buyback model where 100% of the commission revenue is used to repurchase BGG tokens.

A key discerning feature of Bgogo is its supernodes, which are elected on a quarterly basis based on the top 21 holders of BGG tokens, subject to vetting from the Bgogo team which includes KYC reviews on all candidates.

Each supernode has full discretion to list one cryptocurrency candidate during the quarter; 20% of the transaction fees generated by the successful candidate will be returned to the supernode. Supernodes are required to lock their BGG token positions for at least one quarter during their tenure.

BGG tokens will be privately funded by 21 blockchain companies and VC firms as shown in the below diagram and as such, they will act as the platform’s first supernodes.

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