Dear Bgogo users,
Today we are mainly sharing with you the next steps of the Bgogo platform’s roadmap and planning. Spoiler alert, there is some good news for you.
The whole market has been very volatile recently and is in a period of sharp ups and downs. However, as always, we are bullish on the long-term performance and development of the cryptocurrency industry, especially mainstream currencies such as BTC.
In this market cycle driven by mainstream coins, Bgogo is determined to grab this opportunity and become a tier 1 exchange. We believe that future trading on exchanges will also have a major focus in mainstream cryptocurrencies such as BTC. Bitcoins will likely be traded on exchanges as a commodity. In view of this, Bgogo recently introduced a cross-exchange hedging algorithm to improve the order book depth of coins such as BTC ETH XRP. The order book depths of these major currencies in Bgogo are now comparable to the order book depths of Binance. In this way, Bgogo can satisfy the basic mainstream currency transaction needs of users.
In addition, we invited hundreds of KOL influencers to our trading platform to create a new content delivery channel. We are committed to building a transparent and open content output platform with no bias or ads. This platform will crawl through the whole network for information. Then the operation team will analyze and integrate the content, create the Editor choice section, eventually this feed will get polished and pushed to the user.
The two functionaries we have mentioned above, namely order-book depth and content information feed, will greatly enhance our user retention rate. But we need to future resolve our user growth problems.
What is the solution to user growth? The essence is to utilize the BGG platform tokens. The value of the current BGG token is extremity underestimated, with a market capitalization of less than $2 million. Even with 100 times increase to 200 million US dollars, there is still much room for growth, compared to the BNB's $4 billion market capitalization.
We will also soon be launching a new ambassador program. The core of this program is to learn from the model widely used in the e-commerce world, where the ambassador develops new users in the community and gets rewarded a percentage of the total amount of BGG purchased by these users to – similar to a referral rebate. Ambassadors attract new users to receive rewards - increase platform users, BGG price raise - ambassador dividends further grow, increase the motivation - platform traffic and users continue to increase, trading fees increase - trading fees continue to repurchase BGG, further resulting in BGG token deflation - virtuous cycle, BGG will help Bgogo become the first-tier platform to our users.
We only have one goal and that is to become a top-tier exchange! Keep in mind that Bgogo is repurchasing the BGG platform token with 100% of the platform trading revenue.
We invite users who meet the following criteria to create one-to-one communication channels with our admins:
1. Currently holding 1 million BGG or above
2. Users who have community or influencers connections.
If you would like to take part in our global ambassador program, please send an email to firstname.lastname@example.org
We hope that our users will develop together with the Bgogo platform and grow together to form a win-win situation!
Please allow us to grow steadily. Bgogo is unstoppable and our next moves will be a powerful combo strike!
Thank you all.