Bolenum

Contents

Description

Bolenum is a cryptocurrency and financial services provider targeting the African continent for a start and then expanding globally. A platform provides secured and simple means of sending, receiving and exchanging money of all forms.

Project website

ICO start date: 2017-07-15

Concept

  • The purpose of the Boleno token or BLN is to be a store of value and a secured payment instrument for transactions- Using the Bolenum exchange, they will be exchangeable into local African fiat currencies such as the Naira or foreign fiat currencies such as the US dollar- The Boleno Exchange will combine the traditional exchange characteristics with a marketplace twist where peer-to-peer trading as well as peer-to-central fiat funding are available- The Boleno tokens will also be able to be traded on third party cryptocurrency exchanges as well as the Bolenum exchange- Will provide a Bolenum wallet that is fully compatible with the Bolenum exchange and that allows for easy withdrawal and purchase of tokens

More information in the project whitepaper: http://bolenum.com/whitepaper.pdf

Bolenum coin price

The price of BLN token or Bolenum coin is always chaining, however, BitcoinWiki gives you a chance to see the prices online on Coin360 widget.

Team of Project

Mani Robson, is the founder of the Bolenum project. The project is a global blockchain and cryptocurrency project which is aim at engendering access and adoption for this new technology, with particular emphasis to the african and Asian continents. It’s the goal of the project to bring blockchain technology closer to every living person in the world who stands to benefit from the potentiality of this new economy.

Nour Haridy is the Technical Director of the Bolenum project. He is a blockchain expert with specialty in Ethereum solidity programming. He has been instrumental in the development of the BLN source code and he also managed the ICO process for the project. Currently, he is the CEO of Lamarkaz tech company. He is based in Cairo,Egypt and studied in the US.

Potential

The Bolenum Exchange shall provide a secured decentralised/centralised cryptocurrency trading exchange, with secure verification and peer-to-peer escrow authentication of transactions. The Boleno token, BLN shall serve as the deposit and withdrawal instrument for fiat, through the trading pair: BLN/Fiat. The exchange shall support trading of the top major cryptos, and also some ERC20 tokens. A comprehensive development plan has been updated under Roadmap section of this website. The Bolenum exchange promises to be the first of its kind, utilising innovative trading structure of a decentralised exchange with the established trade engine models of a centralised cryptocurrency trading exchange.

Technical Characteristics

The Boleno Token

The Boleno token or BLN will serve as the currency of the Bolenum project. These tokens act as a store of value and a secured payment instrument for transactions. Using the Bolenum exchange, they will be exchangeable into local African fiat currencies such as the Naira or foreign fiat currencies such as the US dollar. The Boleno tokens will also be able to be traded on third party cryptocurrency exchanges as well as the Bolenum exchange. 

The Exchange System

The Boleno Exchange will combine the traditional exchange characteristics with a marketplace twist where peer-to-peer trading as well as peer-to-central fiat funding are available. Users will be able to withdraw Boleno into their fiat currencies as well as buy Boleno directly with a wider range of African fiat currencies than currently offered by any exchange. Traders are able to view order books as well as historical performance data to be able to make informed trade decisions. Boleno tokens will also be able to be traded on standard exchanges as well. The tokens will be added to these large exchanges beginning after the conclusion of the ICO.

The Wallet System

Bolenum will provide a Bolenum wallet that is fully compatible with the Bolenum exchange and that allows for easy withdrawal and purchase of tokens. Holders of Boleno tokens can also use any wallet that supports Ethereum ERC20 contracts which allows for flexibility for token holders to use whichever service they prefer most.

Upcoming Event

Beta version to be launched soon

As mentioned earlier, great progress has been made on the exchange development. With this in mind, the beta version of the Bolenum Exchange project will be released on the 15th of December 2017 for testing by the community for inputs. •This represents great news considering the fact that at this time, Nigerian financial authorities are moving fast when it comes down to providing support and guidance for blockchain-based projects. Additionally, the Central Bank of the country has also been hosting numerous conferences for stakeholders alongside with seminars in both Lagos and Abuja, with the development team behind Bolenum participating in most. •Very soon, the Bolenum team will be launching the Bolenum Fintech Accelerator Hub, meant for young Africa-based entrepreneurs who wish to turn their business ideas into technological breakthroughs for the continent. •Those who are interested in getting involved can go ahead and invest in the Bolenum Project. Currently, Boleno tokens, BLN can be purchased at the Coinex Exchange.


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See Also on BitcoinWiki

Resources

Project website

Medium

Coinmarketcap website

http://icorating.com/project/147/Bolenum

Bolenum price and market state on Coin360