When did BGOEX go online? (What happened to BGO)
When did BGOEX go online? According to official sources, BGOEX is a cryptocurre
When did BGOEX go online? According to official sources, BGOEX is a cryptocurrency trading platform that went online at a certain time. BGOEX, initiated and established by the Singapore Blockchain Association, is an industry organization focused on financial services in the blockchain industry. It aims to provide professional technical, product, and security services to global digital asset users, and promote the development of the digital economy through innovative applications of blockchain technology.
Currently, it has opened trading pairs for tokens such as BTC/USDT, ETH/USDT, EOS/USDT, XRP/USDT, BSV/USDT, and more will be gradually launched in multiple countries and regions in the future.
What happened to BGO
Today, what happened to BGO?
According to official sources, as of the time of writing, the issuance price of BGO token was $0.017 per token. The current circulation has exceeded 100 million tokens, accounting for about 50% of the total supply. According to the latest information, since the launch of BitTorrent (BTG) mainnet on May 11, 2019, a total of 27.6 million BGT tokens have been burned. Among them, a total of 62.5 million tokens were newly minted in 2018, which accounted for 10% of the total supply at that time and were all consumed. As of today, more than 1 million BGO tokens have been sold out. (Please note that this is a cycle of mining, as tens of millions of traders have bought or sold the project in the previous four months, but the profits from this part may not be as high as initially expected.)
It is reported that the reason for the recent sharp decline in BGO is due to internal problems with the team members maintaining the website server, which caused many developers and users to be unable to access the node system normally. Therefore, due to this incident, they have decided to temporarily cease operations and suspend business activities.
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