CoinList's latest project, BitsCrunch, is not an NFT detective

2023-12-03 02:25:02

CoinList will launch the BitsCrunch token sale on December 15, and the BitsCrunch (BCUT) token sale on CoinList on December 14 (01:00 UTC on December 15) UTC. The token supply for this sale is 60,000,000 BCUT tokens at $0.055 per token. At the same time, 5,000,000 BCUT tokens are set aside for rewards. In addition, an additional 10,000,000 BCUT tokens (1% of the total supply) can be made available for purchase during the BitsCrunch Community Sale, at BitsCrunch’s sole discretion.

BitsCrunch is a decentralized, AI-enhanced data network that provides unparalleled analytics and forensic data for NFTs, wallets, and other digital assets on public blockchains. Leveraging a single API, bitsCrunch enables developers to gain insights across multiple blockchains, making it ideal for building multi-chain applications.

There is a bad dark side to the NFT market in 2021, some people maliciously increase the price and quantity of NFTs and tokens, and lure consumers to be fooled through community promotion, and finally defraud them.

BitsCrunch was born in this context, building a fair artificial intelligence (AI) price estimation tool for NFTs and analyzing all NFT transactions, using AI/ML to automatically detect malicious behavior.

BitsCrunch’s goal is to become the ecosystem guardian of the NFT space.

BitsCrunch’s token allocation:

The BitsCrunch token name is: BCUT

Total amount of tokens: 1,000,000,000,000

Ecosystem: 18%. Team: 15%. Seed round: 10%. Private Sale: 10%. Network Incentive: 10%. Public offering: 7%. Growth: 7%. Development Fund: 6%. SSE & Market Making: 5%. Security buffer：5%。 Strategic round: 3%. Advisors: 2%. Airdrop: 2%.

BCUT’s role is to facilitate smooth operations within the BitsCrunch network, channeling the different roles in the network through a series of financial incentives while ensuring the security of the entire network.

bitsCrunch key features include:

Multi-chain integration made simple: Leverage a single API to access insights across multiple blockchains. Ideal for developers building multi-chain applications.
Advanced Forensic Data: Access in-depth forensic analysis of NFTs, wallets, and digital assets on public blockchains via the BitsCrunch network. This feature helps Web3 applications identify risk and fraud, ensuring security and compliance.
Community-driven ecosystem: The network actively supports and encourages individuals to contribute in coding or content creation, facilitating the continuous enhancement and expansion of data and services.
Enhanced scalability through decentralization: The bitsCrunch network’s decentralized model is supported by multiple query processor nodes (or thin nodes), ensuring enhanced scalability and robust data management.
Predictable query costs: Data consumers utilize stablecoins to overlay queries on the network, facilitating accurate cost estimates and streamlined budget management.

bitsCrunchPurpose:

Data network: It can track almost all DeFi and NFT projects on the market, and then through the tracking of different asset data, it can provide accurate and reliable on-chain data to help users make preliminary investment decisions. It allows users to better see the data in the market. This makes it easier for users to make judgments that suit them

Alert effect: BitsCrunch has launched an NFT fraud early warning tool, which allows users to set up alerts, notifications, and reactions, as well as implement preventative measures, to help reduce the risk of NFT fraud when they want to use this data.
Regulatory compliance: All operational data on BitsCrunch can be monitored by banks and regulators to prevent fraud or illegal activities. It will be fairer and more transparent to the market.
Analysis platform: It can analyze the dynamic characteristics of NFTs on the market and provide users with the latest data for analysis and reference.

With the new changes in value discovery in the crypto industry, NFT still has huge growth potential, and BitsCrunch is guiding investors, traders, developers, and track projects to participate in the construction of this field with a new attitude, and empower the development of the NFT track for a long time.

The community is currently departing:

L2 track ZK leader: zksync, backed by the little fox: linea, infrastructure track: nxyz, Ai track: Gensyn, SocialFi track: enemy, intellectual property protocol: Story Protocol

Source: Golden Finance

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