What Is BizzCoin (BIZZ)?

BizzCoin is a blockchain-based cryptocurrency that aims to empower people to use a single currency for different payments and trading. The platform empowers the BizzCoin ecosystem that has a wide range of decentralized products. Designed on the TRON blockchain, this cryptocurrency is a TRC-20 coin and is governed by its token standards.  

The whitepaper suggests that the existing monetary system is driven by traditional currency. These currencies are vulnerable to hyperinflation and have many problems like high transaction settlement time and fees. That's where BizzCoin seeks to solve the problem by providing people with an option to make payments without giving too many transaction fees and time. 

By doing so, the network empowers people to use cryptocurrency for all payments and trades. The website suggests that BizzCoin is launched with a fully operational ecosystem that users can use from the first day of its launch. The BizzCoin ecosystem seeks to consist of a wide array of products which are:

• BizzWallet: Mnemonics-based noncustodial wallet.

• BizzExchange: An exchange platform created for easy, secure, and quick trading. 

• BizzMart: An e-commerce portal for international users to trade diverse products.

• BizzTravel: Allow travel and other related bookings with Bizz.

• InfiPay: Crypto-friendly payment solutions for international, personal, and business accounts.

• POS System: An advanced gateway for businesses to pay for services internationally.

• BizzGaming: BizzGaming allows players to play games on the user's device and win BizzCoin.

• BizzATM: Helps serve as an ATM.

Moreover, BizzCoin is acceptable on every BizzCoin platform. Some of the benefits of BizzCoin aim to be the following:

• The currency is compatible with every TRON-compatible platform and exchange.

• BizzCoin can interact with multiple currencies and smart contracts. Smart contracts are similar to regular contracts except these contracts run in the form of a protocol on the blockchain and are not drafted on paper. 

• Users can trade this cryptocurrency with other cryptocurrencies. 

• BizzCoin seeks to provide easy and quick transactions as compared to traditional currencies. 

BizzCoin is the native cryptocurrency of the BizzCoin ecosystem. BIZZ is the ticker of the token. The token can be one of the important aspects of the BizzCoin Referral and Reward Program. The currency can be purchased in exchange for Ethereum (ETH), Bitcoin (BTC), and Tron (TRX).

History of BizzCoin (BIZZ)

According to the website, BizzCoin launched its ICO (initial coin offering) in 2020 in two phases—public and private sale. The maximum total supply of BizzCoin is 201 million BIZZ coins.