On Sunday, Bgogo officially launched the first class of the ambassador plan.
A hardcap of 30,000,000 BGG tokens was sold out in 3 hours.
Many users, especially western users, had expressed their regrets of not being able to participate due to time zone differences and weekend timing. In terms to give back to more users, we launched the second class of our ambassador plan with a hardcap of 30,000,000 bgg tokens at 21:00 (GMT+8) on 14th August, continue to offer the same benefits as the first class.
At 21:00 (GMT+8) this evening, Bgogo will launch the 3rd class of ambassador plan with a hardcap of 10 million bgg tokens.
On Wednesday, the sign up of Bgogo Apollo (Launchpad) was officially launched.
As for now, there are 80,000+ deposit users, and 5,000+ daily active users on TrustDice, with a cumulative dividend of $1 million. More than 90% of players choose to stake their TXT. The TXT token currently is only listed on Newdex - A decentralized exchange. The current market capitalization is less than $100,000. Bgogo will be the first mainstream exchanges that list TXT. The signup for participation will be CLOSED at 18:00 (UTC+8) on August 16, 2019.
In light of our respect for the voice of the community. Last week we launched a vote to stop trading rewards and burn all remaining 2 billion BGG. On Sunday, we will announce the results of the vote. Once the proposal gets approved, the BGG platform tokens will enter the era of deflation. Trading rewards will stop generating new BGG mining tokens, Bgogo platform will keep repurchasing and burn bgg tokens on a monthly basis.
The voting rules are as follows:
- The voter must hold BGG tokens, otherwise will be considered invalid. Each user can only vote once during the voting period and multiple votes will be considered invalid.
- The number of votes will be counted by the number of voter’s BGG position (non-frozen).
- The total number of BGG positions (non-freeze) of all users must exceed one-third of the total circulation of the secondary market, so the voting can be considered as valid. Otherwise is considered invalid.
After the voting deadline, the total number of final options should be 50% of the total number of votes. If it is less than 50%, the votes will be considered invalid.
Bgogo reserves the final interpretation of the above content.
We will start a series of basic training for current ambassadors. If you are willing to participate in the ambassador training program, you can contact @anita19960219 on our telegram group.