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About BioCoin

BioCoin (BIO) is a blockchain-based platform that supports organic farming and family farms. The platform understands the condition of the environment and contributes to the planet's environmental, economic and social development. Therefore, BioCoin acts as an aid to the farmers for simplifying their financial complexities and credit system. Farmers receive BIO tokens and use them to purchase machinery, feed, fertilizers, and plant protection products. The platform also acts as a social tool where users can use BioCoin to make payments in shops, farmer's markets, cafes and pay for food, clothes, furniture, etc. The platform aims to connect businesses that support organic farming, develop local communities, and contribute to the green economy. 

The BioCoin platform runs a loyalty program that rewards the users for every transaction. The users automatically receive an average of 10 percent of the transaction amount in the crypto wallet. The reward amount depends on the token exchange rate at the transaction time. The users can also make payments with the accumulated points turned into tokens in their wallets. Further, businesses that have joined the platform can accept payments in cryptocurrency and real-world currency. Businesses can also receive an average reward of 10 percent of the amount transferred in their wallets when they accept payments in cryptocurrencies.

BIO is the token of the BioCoin platform based on Peercoin's proof-of-stake (PoS) consensus mechanism. Peercoin is an alternative cryptocurrency derived from the fork of Bitcoin. The PoS mechanism ensures minimal energy consumption. The users can utilize BIO tokens to make payments within the platform. 

LavkaLavka farmer cooperative, founded in 2009, created the BioCoin platform in 2017. Boris Akimov is one of the founders of the LavkaLavka cooperative. He is a farmer, entrepreneur, philosopher, and author of many lectures and articles on organic agriculture, responsible consumption, and sustainable development. 

The platform's initial coin offering (ICO) started on October 2, 2017, along with discount programs. The total supply of BioCoin is one billion tokens. 

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Spain News about BioCoin

BeInCrypto • May 15, 24

State of Wisconsin Buys Bitcoin ETF Following Financial Giants

The State of Wisconsin Investment Board has strategically invested $99 million in BlackRock's iShares Bitcoin Trust, highlighting the growing institutional interest in cryptocurrency ETFs.The post State of Wisconsin Buys Bitcoin ETF Following Financial Giants appeared first on BeInCrypto.

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The Block • May 15, 24

Crypto game ‘Guild of Guardians’ launching on Apple and Android devices with $1 million in prizes

"Guild of Guardians" has over 1 million pre-registered players and will be available around the world on mobile devices.

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BeInCrypto • May 15, 24

Vitalik Buterin, Peter Thiel Invest $70 Million in Predictions Market Platform

Vitalik Buterin and Peter Thiel's $70 million investment in Polymarket highlights its growing influence in predictive markets on cultural and political events.The post Vitalik Buterin, Peter Thiel Invest $70 Million in Predictions Market Platform appeared first on BeInCrypto.

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BeInCrypto • May 15, 24

Floki Inu (FLOKI) Plans to Burn 15.2 Billion Tokens

Floki Inu's decision to burn 15.2 billion tokens aims to boost project management and increase market value, propelling an 11% price surge.The post Floki Inu (FLOKI) Plans to Burn 15.2 Billion Tokens appeared first on BeInCrypto.

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BeInCrypto • May 15, 24

Investors Buy 70,000 Bitcoin (BTC) Ahead of US Inflation Report

Following a massive sell-off, long-term Bitcoin holders are now buying 70,000 BTC, viewing it as a reliable reserve amidst US economic uncertainties.The post Investors Buy 70,000 Bitcoin (BTC) Ahead of US Inflation Report appeared first on BeInCrypto.

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CoinDesk • May 14, 24

Lido Co-Founders, Paradigm Secretly Back EigenLayer Competitor as DeFi Battle Lines Form

The popularity of new blockchain “restaking" protocols led by EigenLayer has drawn a response from the principals behind the liquid staking platform Lido, which itself burst onto the scene a couple of years ago to become the largest project in decentralized finance.

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BioCoin is on the rise this week.

The price of BioCoin has increased by 100.00% in the last hour and increased by 100.00% in the past 24 hours. BioCoin’s price has also risen by 100.00% in the past week.

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