What Is BuySell (BULL)?
BuySell is a cryptocurrency project that aims to help wild animals around the world. The project was developed on the belief system of returning the debt of nature to influence the future of the planet. According to the whitepaper of the asset, the project’s aim and belief system have been achieved by making charitable donations of funds to different animal shelters, animal reserves, charitable foundations, etc. Further, the project seeks to provide provision to everyone around the world to contribute to the project’s donation by purchasing the masternodes of BuySell coins. The masternodes are servers that use the proof-of-stake concept to validate transactions in the network by locking coins, thus seeking to allow the project to develop a secure cryptocurrency that would help shape the future of the planet.
The crypto token of the project is called BuySell coin, which functions on libsecp256k1 and is mined using the PoS mechanism, denoted by its ticker BULL. The libsecp256k1 is a cryptographic system initially developed for Bitcoin mining. The BULL acts as the foundation of the entire BuySell project and seeks to be used for both income generation and funding the project’s aim. However, the funding process in these initial stages of the coin is carried out in Bitcoin by swapping BULL against BTC (Bitcoin). This overall funding process is to be performed once every month using BULL coins after the initial phase is over and the coin has achieved stability in the market. Besides these usages, the coin seeks to act as a source of passive income for traders who purchase and hold the coin, along with the provision to obtain additional rewards through referral programs. Further, the coin is also used to seek to reward miners of the project for their efforts, encouraging more users to join the project.
These overall structures of the project, along with its coin’s dynamics, fulfill the project’s aim to change the planet’s future, where humans and other species can coexist in harmony.
History of BuySell (BULL)
The BuySell project was launched on August 18, 2019, as an initiation to save wild animals around the world. The project’s coin has a maximum total supply of one hundred million BULL.