3⃣ The accumulator is already live and working, all the fees are converted automatically to BIR. Like we always said BIR is backed by all the coins listed to our exchange.
For now are about 2000 BIR accumulated daily considering the volume of our partners and the current price.
Considering the price of 50 sats, 2000 BIR were accumulated daily.... We need some more partners, bigger volume to achieve 20000 BIR or even 200K BIR (not too far from here)
If the price will be lower than a bigger amount will be accumulated and so on.
4⃣ Almost ready the page for webmaster in the trading platform. Beside the tracking functionality (already implemented) They will have the possibility to claim automatically the rewards too.
5⃣ Preparation .... Five and not least MN owners will have to accommodate with a different type of coin. We will
close the circle like I mentioned months ago and nobody understood at that moment. Like Big Players are trying to reduce the circulating supply from 300m to 100m, considering that 0 coins are generated per block... we have to move in that direction too.
We have now over 80K BIR generated per day from nowhere.
We need to reduce this amount close to 0 and close the circle. What does it mean?... well we will still receive rewards but we will not produce anymore new coins. And why should I invest in Birake? Because it will be a limited amount of coins, we will share the business success with the investors and we will take care to increase the amount accumulated from circulating supply for later decisions.
`Our rewards will not come from nowhere... we will receive rewards from our work, from our real business'
6⃣ New exchanges campaign is coming. We will try to attract top 100-200 coins from CMC, offering their own platform for a very good deal. We have the capacity to host 100->1000 and maybe even more exchanges. We will work on the wideness side.@everyone
I want to point out what we achieved in last 2 weeks:
1⃣ BIRAKE CMC listing as exchange network. Well I don't know if you understand how is to survive without CMC for almost 1 year. Coins are not looking for exchanges not being listed in CMC, you are not on CMC you are not existing for over 95% of crypto communities.We have many examples even being listed and they died... Do you know why Birake is alive? Because Birake is not an exchange, Birake is a White Label Exchange Software / Solution Provider. We didn't need any income from our exchange, we need to develop the platform and attract partners. We consider all the small exchanges partners, we invite them to join to our network, only 100 - 1000 exchanges together can succeed nowadays. When we hear that
X is opening a new exchange honestly I wonder only
what are their plans to succeed? Our plan is to unify the orderbook, users and assets... very clear and straight to the point. Plans like 'lower fees or... any other incentives I believe are useless'.
2⃣ Multi Level Referral program is done, we are doing latest tests, Birake is sharing up to 87% from trading fees. Monday or Tuesday will be live.
This is a great addition from our opinion not only because is on three levels but also the payout is controlled by the user. You can claim your rewards whenever you want after one month of earnings
Bring 10 users, if they will bring another 10 each and after that another 10 are registering and trading by the level 2. You will have 10X10x10 = 1000 users under you. (25%L1 + 10%L2 + 5%L3). It could mean a generous passive income.
The most difficult part was to apply this feature also for webmasters as a promoting tool.
We are always limited by maximum characters allowed ... 🙂
We are happy to announce that BIRAKE Coin is listed on posmn.com - Affordable & Easy Masternode Hosting Platform!
You can now deploy your BIR Coin masternodes for only $0.4-0.5 per month through posmn.com platform:
Feel free to check out the platform at https://www.posmn.com/
Today is a happy day, because we achieved another step from our roadmap and that is CoinMarketCap listed Birake, as an exchange: Birake Network!!!!! 🎊 🎊 🎊 🎊 🎊
📢 A very nice and interesting interview appeared with Birake CEO.
Check out the link below:
First of all have a nice weekend! I know it was quite silent here last week but we are working hard to accomplish the most difficult part of our project: automatic fees conversion and automatic payments to referrers, partners, webmasters and MN owners
Be sure when we are silent something big will follow 🙂
📢 Birake Network listed PIVX!!!
📢 📢📢Birake is proud to announce a new exchange partnership!
🎊 We warmly welcome in Birake Network family Andromedex Exchange! 🎊
We wish Andromedex Exchange a prosperous business!
We are working fully to the referral system. It will be the most complex referral system from the market.
The following features will be included:
Beside that we refactor the whole system of indexing transactions. The FEE from one transaction will be split in 6 parts:
The percent for MN Owners is same 10% first 2 packages, 5% for second 2
The percent for referrals is minimum 40% (this can be increased by webmasters)
Birake and Webmasters is presented few announcements above.
After Referral Rrogram is done the next priority is setting the automatic payments for Webmasters and MN Owners.
Regarding Blockchain rewards (MNs and POS), we aim to replace them with what Birake Business will produce.
For example right now are generated 86.400 BIR / day. If we succeed to generate 43.200 coins from Accumulator and rest of incomes we will reduce the newly amount generated by 50%. So one MN will receive the same amount of coins but step by step we will stop generating new coins, even more we will start excluding them from circulation.
📢 Birake Network listed winner of the Coin Listing Program: ColossusXT - COLX coin!🎊 🎊 🎊
🍾 🍾 🍾 Today is their second B-day, so we want to wish them, from the entire Birake Team: HAPPY BIRTHADY and a warm WELCOME to Birake Network! 🎂 🎂 🎂
!!! BE AWARE OF SCAMMERS !!!
‼ DO NOT INSTALL ANY WALLET RECEIVED THROUGH PRIVATE MESSAGE WE DIDN'T RELEASE ANY UPDATE LATELY ‼
BE AWARE of scams.
DO NOT add your username and password anywhere only after you verified carefully the domain name.
The official trading platform is https://trade.birake.com/. Only you hold your password, if you share it to someone else you will lose all your funds.
Just to understand the complexity of the referral program, webmasters and fees share!
We need to have it implemented to gain some exposure for BIRAKE.
Soon we will work on reducing Circulating Supply for BIR and locking as much as we can!
Like we already mentioned we will share up to 87% from fees!
We have completed the previous week tasks.
This week we have a new winner COLX and we will work to list it.
We will focus more on multilevel referral program in next period.
📢 Birake Network listed winner of the Coin Listing Program: ZERO CLASSIC- ZERC coin!🎊 🎊 🎊
📢 Birake Network listed winner of the Coin Listing Program: Dequant - DEQ coin!🎊 🎊 🎊
We think is better to share in advance the working progress tasks
Of course our support tickets are solved daily and all the extra features announced are in pending list.
Have a nice day!
!!! BE AWARE OF THIS SCAMMER !!!
‼ DO NOT INSTALL THAT WALLET, WE DIDN'T RELEASE ANY UPDATE LATELY ‼
** POS STAKING WILL BE ENABLED ON OUR WALLETS TO AVOID 51% attack
Please report this account as being fake https://github.com/birakecoin
🎊 🎊 🎊 🎊 🎊 Today is the birthday of our super trouper amazing CEO!!! 🎊 🎊 🎊 🎊 🎊
From the entire Birake team we wish him Happy Birthday!!!! and we wish him the wisdom and strength to make Birake one of the greatest projects from the industry! 🍾 🍾 🍾
Spam him today with your best wishes! 😬
Have a lovely day@everyone !
👉 We are proud to announce you that we signed the CMC agreement. Hopefully soon we will be fully listed
👉 Between all the daily / monthly tasks we were in discussion also with some FIAT providers. We are thinking seriously after CMC listing to integrate also FIAT gateway to our trading platform
Have a nice weekend!