A British company – Bitcoen – is set to open an international blockchain market. The company announces its strategic plan, i.e., to help the Jewish community to interact with others from other parts of the world. The Bitcoen is an ecosystem that offers a range of services that are aimed at improving the lives of the Jews.
At the sale period, Jews from different counties expressed their interest in the project. However, before the start of the sale of the tokens, there were more than 25,000 Jews from 124 different counties. The blockchain technology is expected to cover the whole world. According to the company’s spoke’s person, the highest number of clients who have requested to purchase bitcoen are from Germany, Spain, England, Italy, France, and Israel.
Reports indicate that Mr. Vyacheslav Semenchuk, the founder, and CEO of Bitcoen invested in the company $500,000 from his personal savings in the development of the company. The pre-sale of the project which was held to strengthen the company’s hold on the market and to confirm the company’s interest in the audience. During the pre-sale, more than $150,000 were raised without a single shekel being spent on the market.
The Bitcoen blockchain technology project was developed by a 30-year-old and ambitious Jewish businessman Mr. Vyacheslav Semenchuk. Moreover, this is not his first project. He had created and sold more than ten start-ups, which includes the Fintech industry.
However, the most significant startup and most fortunate that he ever built was the Lifepay. According to the YE, this particular project has won him the title of the “Entrepreneur of the year.” Just before the mass’s interest in the technology, he was engaged in its implementation in the bank sphere.
Mr. Semenchuk explained that “The blockchain project BitCoen was originally conceived as a system of services, qualitatively improving the life of the Jewish community,”… “This is a fairly closed community, existing Worldwide. This community has needs in internal mutual settlements, to help their businesses, oriented only for Jews; and has a big culture of charity. And all these needs must be accomplished most transparently and profitably. The ideal target audience for a blockchain project! So we came up with the BitCoen ecosystem idea, which integrated the useful mechanics from the world of the blockchain.”
In addition to that, Mr. Semenchuck added that the response team works all over the world. “The development of Internet technologies allowed us to create an international team,”… “The BitCoen team includes the most experienced blockchain programmers, crypto marketers and other experts in crypto-economics, who got interested in creating an ambitious, high-quality and interesting project.” He said.
Parts of Bitcoen
Bitcoen is made up of several components and each of these parts complements the ecosystem. BEN, the Bitcoen token can be used as a payment medium between representative communities. Some of the elected programs include the following:
- Bitcoen loyalty program: those who use this program can get BEN’s after the purchase of services from the program and accrue BEN’s instead of general loyalty points from the program.
- Bitcoen pay: this is an online and offline payment option for business and private in the form of points that accept payments by BEN.
- Bitcoen ADV: This program is used in the advertisement platform in order to popularize this Jewish business. They already have a big target audience, and through this program, they hope to reach the target audience.
These Bitcoen programs are marketplaces for the Jewish business community. Through them, a business person can enlarge the number of clients, including at the expense of customers from other countries.
Due to the fact that the blockchain technology is designed to reach a large number of people, it is essential that it be proven with the maximum transparency and legality. The responsible have different options for the development of events, and they should create very secure systems.
The official sale of the Bitcoen tokens is expected to start on 28th November 2017 through their official website http://bitcoen.io. The sale is expected to continue until 26th December 2017. According to the information that was shared, there are up to 20M BENs at the price of $1 per BEN are available for token sale. The emission of these tokens is 100,000,000 BENs.
According to Mr. Sedenchuck, the project is intended to attract not only experienced crypto users but also even the offline population, “We understand that nowadays only a small percentage of the world’s Jewish communities use cryptocurrencies, the potential of blocking technologies is not yet appreciated,” … “That’s why we used all of the advertising channels and tried, first of all, to train a new audience and tell about the advantages and easy ways of access to technology.”