BM is the equity representative of the Bimin.co platform, and it is also the equity representative and basic token of the BM public chain. All Bimin.co listing fees and margin are only charged BM.

Project Issuance

The total amount is 10 billion, BIMIN TEAM holds 20% (i.e. 2 billion), used for team incentives and talent development plans, locking the position for one year, and then unlocking 10% every quarter; 20% (2 billion) are used for BM ecological project cooperation (cooperation projects and BMs entering the market for regular announcement); 5% (500 million) are used for free airdrops for the first batch of users; 30% (3 billion) are used for private placement and 25% (2.5 billion) are used for public placement.
BIMIN TEAM uses 50% of the platform revenue to repurchase and destroy BMs regularly every month, and the BMs required to apply for sub-platforms and project parties to manage the backend and voting for currency listing will also be destroyed until the final circulation of BM is 1 billion.

Project lockout

Bimin.co supports and encourages holders to lock BM positions to obtain longer-term investment returns and richer community benefits. Locking of positions is completed voluntarily by BM holders, which is a reflection of their investment confidence. In addition, Bimin. co's core business will also propose locking requirements and be equipped with corresponding locking rights. The BM lock-up situation and the secondary market circulation situation can be clearly checked on Bimin. co official website.

Extreme deflation

BIMIN TEAM uses 50% of the platform revenue to repurchase and destroy BMs regularly every month. The BMs required to apply for sub-platforms and management backends, as well as the BMs paid by the project party will also be destroyed until the final circulation of BMs is 1 billion.
The project party uses management backend services and pays BM every month, and all of this BM is destroyed.
All BMs charged for currency fees will be destroyed.
Pay the BM as risk deposit, and this part of the funds will be locked and unlocked one year later, unlocking 10% every quarter, and it will take 2.5 years to unlock all of them.
All the fees applied for by the Biezi Exchange will be destroyed.
OTC merchants must mortgage BM when applying for the qualification to use advertising.
When a user participates in the voting and listing project, 50% of the BMs voted will be destroyed immediately, and the other 50% of the BMs belong to the project party. After locking the position for one year, 10% will be released every quarter. It will take 2.5 years to unlock it.

*The above content is compiled by the official account of non-small accounts. If reprinted, please indicate the source.