BIKI is a token issued by the BiKi.com trading platform and is a representative of the exchange's own rights and interests. BIKI will take out 100% of the platform's handling fees to repurchase and destroy platform tokens. The initial total volume of BIKI is 1 billion. As the platform continues to repurchase and destroy, it will reach a total volume of 100 million.

1. Total BIKI allocation

The initial total BIKI is 1 billion, of which 60% are used for mining, 15% are teams, 12% are foundations, 10% are angel investors, strategic investors, private equity firms, and 3% are early community contributors. The mining part and the private equity part are unlocked according to the proportion of mining progress; the proportion of the team and the foundation is unlocked in 4 years, and 1/48 is unlocked every month. The first unlocking time is January 2019; early community contributors have no lock requirements, and can be obtained by completing registration and certification, community contribution, etc. The unissued part is not allowed to be circulated in the secondary market, and the progress of use is announced regularly.

2. Transaction is mining

During the mining period, the transaction fee contributed by the user on BikiCoin will be returned in the form of BIKI of 110% (computing power bonus 10%). The contributed transaction fee and return platform coins are calculated in 1 hour, and will be distributed to the user account after 24 hours. The return ratio will float between 100% and 120% (computing power bonus 0-20%), and will always be 110% if there is no special situation. If there are any changes, Bikicoin will announce it in advance. Note: The contribution fee and return platform coins are all in 1 hour.

III. BIKI repurchase

Before the total amount of mining unlocking is completed by 30%, the BikiCoin platform's handling fee will be repurchased BIKI in 100%. The repurchases will be made in days and will be announced every day. If the unrepurchased fees continue to accumulate due to objective reasons such as price limit increases, they will eventually be used for repurchases and public announcements; after the mining unlocking is completed by 30%, the official will decide to adjust the repurchase ratio of the handling fee to 70-100% based on the actual situation.

IV. BIKI usage scenarios

Coin locking, super node locking, handling fee discounts, voting, platform games, etc. For more detailed policies, please pay attention to BiKi official website: https://www.biki.com/zh_CN/

V. BIKI acquisition method

Trading mining, secondary market purchase, invitation registration mining, coin recharge mining, social partner planning, etc. For more detailed policies, please pay attention to BiKi official website: https://www.biki.com/zh_CN/

Related links:
https://www.biki.com/zh_CN/