BITS FACTOR

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Their Official site text:

W H I T E P A P E R

BITS FACTOR

Background and problem statement .................................................................................................... 04

Overview of BFTC and its mission ........................................................................................................ 05

Introduction .............................................................................................................................................. 03

Technical Overview ................................................................................................................................. 07

Explanation of the blockchain technology used .................................................................................... 08

Consensus mechanism (Proof of Stake) .............................................................................................. 09

Cryptographic principles and security measures .................................................................................. 11

Description of each component of the ecosystem (BFTC Academy, BFTC Card, F. Tube, F. Trader,

Meta Meet, Med Shop, Game Factors, Helex, B- Browser, Easyticket, etc.) ...................................... 14

How each component interacts within the ecosystem .......................................................................... 16

Use cases and benefits for users ......................................................................................................... 18

Details about the BFTC token (e.g., total supply, distribution, staking, utility) ..................................... 21

Token economics and incentives for users and validators .................................................................. 22

Highlighting the benefits of BFTC compared to traditional financial systems ...................................... 30

Emphasizing the strengths of the ecosystem ...................................................................................... 32

BFTC Ecosystem ..................................................................................................................................... 14

Tokenomics .............................................................................................................................................. 21

Advantages of BFTC ................................................................................................................................ 30

TABLE OF CONTENTS

02

Examination of issues in the traditional financial system ...................................................................... 36

How BFTC addresses these problems ................................................................................................. 38

Market Analysis and Problem Statement .............................................................................................. 36

Future plans and developments for the BFTC ecosystem .................................................................. 40

Milestones and timelines ...................................................................................................................... 40

Roadmap .................................................................................................................................................... 40

In a rapidly evolving financial landscape, the emergence of blockchain technology and cryptocurrencies has

presented a transformative opportunity to reshape traditional financial systems. At BFTC (Blockchain

Financial Transformation Corporation), we have embraced this potential to revolutionize the way individuals

interact with their finances. Our mission is to provide a stable, transparent, and censorship-resistant store of

value, empowering individuals with greater control over their financial assets.

Unlike traditional financial institutions controlled by intermediaries, the BFTC network operates on a

decentralized foundation. This ensures that our ecosystem is not owned or controlled by any single entity,

making it resilient to external influences and immune to retroactive alterations of governing laws. We

believe in fostering financial sovereignty, giving users the ability to manage their assets without relying on

centralized authorities.

Our aim is to reduce the risks associated with market fluctuations while offering greater potential for returns.

By leveraging blockchain technology, we offer fast and cost-effective transactions, providing a seamless

and efficient financial experience for our users. At BFTC, we envision a world where financial services are

accessible to everyone, regardless of their geographical location or financial status.

INTRODUCTION

03

In this context, the primary problem that the BFTC project seeks to address is the lack of a stable and

censorship-resistant store of value within the cryptocurrency ecosystem. While Regulatory compliance and

legal considerations Risks associated with using BFTC there are various cryptocurrencies available, their

value can be highly volatile, making them unsuitable for stable long-term savings and transactions.

The traditional financial system also imposes limitations on individuals' financial freedom, relying on

intermediaries to control and facilitate transactions. This centralized control creates a potential risk of

censorship, as financial institutions may freeze or restrict accounts and transactions based on their policies

or external pressures.

Furthermore, the traditional financial system is not equally accessible to everyone, leaving a significant

portion of the global population unbanked or underbanked. This lack of financial inclusion restricts

individuals' opportunities for economic growth and participation in the global economy.

The BFTC project aims to tackle these challenges by providing a comprehensive decentralized ecosystem

that offers a stable store of value while promoting financial inclusion, transparency, and user empowerment.

Through its blockchain technology and various applications, BFTC seeks to create a more accessible,

efficient, and secure financial landscape, free from centralized control and censorship. By doing so, the

project aims to revolutionize the financial industry and empower individuals to have greater control over

their financial assets and participate in a transparent and accessible ecosystem.

Background:

Problem Statement:

The financial landscape has long been dominated by centralized institutions, controlled by intermediaries

such as banks and financial corporations. While this system has served as the backbone of the global

economy for decades, it is not without its flaws. Centralization introduces a single point of failure and can

lead to issues like lack of transparency, limited accessibility, high transaction fees, and potential censorship.

The emergence of blockchain technology and cryptocurrencies brought new possibilities to address these

shortcomings. The decentralized nature of blockchain networks offers the potential for a more transparent,

secure, and inclusive financial system. However, the cryptocurrency space has also faced challenges, such

as price volatility, scalability issues, and usability barriers, limiting its widespread adoption.

BACKGROUND AND PROBLEM STATEMENT

04

Stability and Censorship-Resistance: BFTC's primary mission is to provide a stable and

censorship-resistant store of value. By leveraging blockchain technology and a robust

consensus mechanism (Proof of Stake), we aim to mitigate the price volatility often

associated with cryptocurrencies. This stability enhances BFTC's suitability for long-term

savings and everyday transactions.

Decentralization and Transparency: BFTC is committed to decentralization, ensuring that

no single entity or intermediary has control over the ecosystem. Our decentralized approach

promotes transparency, trust, and accountability, as all transactions and interactions are

recorded on an immutable public ledger accessible to all users.

Financial Empowerment: At BFTC, we believe in empowering individuals to have full control

over their financial assets. By eliminating the need for intermediaries, users can transact

directly, reducing reliance on centralized financial institutions. This financial empowerment

aims to give individuals greater autonomy and freedom over their financial decisions.

Innovation and Financial Inclusion: BFTC strives to drive innovation within the blockchain

and cryptocurrency space, providing a diverse range of applications and services. Our

ecosystem is designed to cater to various needs and interests, promoting financial inclusion

for users from all walks of life, including those in underbanked regions.

Key Elements of the Mission:

Mission

The mission of BFTC is to foster financial empowerment and inclusivity by

creating a decentralized ecosystem that offers a stable, transparent, and

secure store of value. We seek to democratize finance and liberate individuals

from the constraints of traditional financial systems, putting the power back

into the hands of the users.

BFTC (Blockchain Financial Transformation Corporation) is a groundbreaking blockchain project dedicated

to revolutionizing the financial landscape. At its core, BFTC aims to provide a stable and censorshipresistant store of value, empowering individuals with greater control over their financial assets and

promoting financial sovereignty.

Overview of BFTC and its Mission:

User-Centric Ecosystem: BFTC is built with users at its core. We prioritize user

experience, offering user-friendly interfaces, seamless onboarding, and a comprehensive

range of services to cater to different preferences and requirements.

05

Global Impact: BFTC aims to make a positive impact on a global scale by creating a

borderless financial system that transcends geographical barriers. Through our decentralized

ecosystem, we envision a future where financial services are accessible to everyone,

regardless of their location or financial status.

Security and Privacy: Security is paramount at BFTC. Our network employs robust

encryption and cutting-edge security measures to safeguard user assets and data.

Additionally, we prioritize user privacy, ensuring that personal information is protected.

06

TECHNICAL OVERVIEW

BFTC leverages blockchain technology as the foundation of its ecosystem. Blockchain is a distributed and

decentralized ledger that securely records all transactions and interactions across the network. It ensures

transparency, immutability, and resilience against tampering or single points of failure. The specific

blockchain technology used by BFTC is based on a Proof of Stake (PoS) consensus mechanism.

The PoS consensus mechanism is an energy-efficient alternative to the traditional Proof of Work (PoW)

used in cryptocurrencies like Bitcoin. In a PoS system, validators (equivalent to miners in PoW) are

selected to create new blocks and validate transactions based on the number of tokens they "stake" or lock

in the network. The more tokens a validator stakes, the higher their chances of being chosen to create a

block and earn rewards.

Proof of Stake (PoS) Consensus Mechanism:

07

Energy Efficiency: Unlike PoW, which

requires significant computational power

and energy consumption, PoS is far more

energy-efficient. It allows validators to

participate in block creation without the

need for resource-intensive mining

operations.

Security and Decentralization: PoS

incentivizes token holders to act in the

network's best interest as they risk their staked

tokens to validate transactions. This

encourages a high level of network security

and decentralization, as more token holders

become validators, contributing to the

network's integrity.

Reduced Centralization: PoS

mitigates the risk of centralization since

the ability to create blocks and earn

rewards is not solely dependent on

computational power. It allows a

broader range of participants to

contribute to the network's security.

The PoS mechanism offers several advantages, including:

BFTC's Blockchain Technology in Action:

Staking and Earning Rewards:

Within the BFTC ecosystem, the PoS consensus mechanism powers the validation of transactions and the

creation of new blocks. Validators are selected based on the number of BFTC tokens they have staked, as

a measure of their commitment to the network. These validators are responsible for processing

transactions, securing the network, and maintaining consensus among participants.

BFTC token holders can actively participate in securing the network and maintaining its integrity by staking

their tokens. When staking, they delegate their tokens to validators, who, in turn, use the staked tokens to

participate in the block validation process.

As a reward for their active participation and contribution to the network's security, validators receive

additional BFTC tokens. Staking thus provides an opportunity for BFTC token holders to earn passive

income while supporting the decentralized nature of the ecosystem.

The blockchain technology used by BFTC through the PoS consensus mechanism ensures a secure,

efficient, and decentralized ecosystem that aligns with the project's mission of providing a stable and

censorship-resistant store of value, free from the limitations of traditional financial systems.

08

Reduced Centralization: Faster

Transactions: PoS systems generally offer

faster transaction processing times

compared to PoW systems. The block

creation process is more efficient, leading

to quicker confirmation of transactions.

The consensus mechanism utilized by BFTC is the Proof of Stake (PoS) algorithm. PoS is a consensus

protocol used in blockchain networks to achieve agreement among participants on the validity of

transactions and the creation of new blocks.

In contrast to the energy intensive Proof of Work (PoW) algorithm, PoS offers a more energy-efficient and

environmentally friendly approach to securing the network.

Consensus mechanism (Proof of Stake)

Key Components of PoS Consensus Mechanism:

Validators: In the PoS system, participants known as validators are responsible for validating

transactions and creating new blocks. Validators are selected based on the number of tokens

they "stake" or lock as collateral in the network. The higher the number of tokens staked, the

greater the chances of a validator being chosen to create a block.

Staking: Staking involves locking a certain amount of the native cryptocurrency (in this case,

BFTC tokens) as collateral to participate in block validation. By staking their tokens, validators

demonstrate their commitment to the network's security and integrity.

Block Creation: Validators take turns in the block creation process, determined by a

combination of factors, such as the number of tokens staked and a random selection

algorithm. The validator who is chosen to create the next block proposes the contents of the

block, which includes a batch of new transactions.

Block Validation: After the block is proposed, other validators on the network verify the

validity of the transactions within the block. If the majority of validators reach a consensus

that the proposed block is valid, it is added to the blockchain.

Rewards and Penalties: Validators are incentivized to act honestly and follow the rules of

the network. For successfully creating and validating blocks, validators receive rewards in

the form of additional BFTC tokens. On the other hand, validators may face penalties, such

as losing a portion of their staked tokens, for malicious behavior or attempting to manipulate

the network.

09

Energy Efficiency: PoS requires significantly less energy compared to PoW since it doesn't

rely on resource-intensive mining operations. This makes PoS more environmentally friendly

and sustainable.

Security: PoS incentivizes token holders to act in the network's best interest, as they have a

financial stake in its stability. This encourages a high level of network security and reduces

the risk of a 51% attack.

Decentralization: PoS allows for a more decentralized network, as the ability to create

blocks and validate transactions is based on the number of tokens staked, not computational

power. This fosters a wider participation of stakeholders in the validation process.

Scalability: PoS is more scalable than PoW, as the block creation process is less

resourceintensive and allows for faster transaction processing.

Advantages of PoS Consensus Mechanism:

Conclusion:

The Proof of Stake (PoS) consensus mechanism adopted by BFTC enables a secure, efficient, and

decentralized ecosystem. By incentivizing active participation and rewarding validators for their

contributions, PoS ensures the integrity of the network and aligns with BFTC's mission to provide a stable

and censorship-resistant store of value. With its emphasis on sustainability and user engagement, PoS is a

crucial component of BFTC's innovative approach to revolutionizing the financial landscape.

10

BFTC incorporates robust cryptographic principles and security measures to ensure the integrity,

confidentiality, and authenticity of transactions and user data within its ecosystem. These cryptographic

techniques play a crucial role in safeguarding user assets, protecting sensitive information, and maintaining

the overall security of the blockchain network.

Cryptographic principles and security measures

Public-Key Cryptography: BFTC employs public-key cryptography for secure and verifiable

digital communication between participants.

Each user has a pair of cryptographic keys: a public key and a private key. The public

key is used for encryption and creating digital signatures, while the private key is kept secret

and used for decryption and signature verification. This ensures that only the intended

recipients can access encrypted data and that the authenticity of messages can be verified. .

11

Elliptic Curve Cryptography (ECC): ECC is a widely used cryptographic algorithm that

provides strong security with smaller key sizes, making it more efficient for resource

constrained environments like blockchain networks. BFTC may implement ECC for key

generation, digital signatures, and secure communications.

Digital Signatures: Digital signatures are utilized in BFTC to provide non-repudiation,

ensuring that transactions and messages are signed by the appropriate sender and cannot

be tampered with after signing. The use of private keys to create signatures adds an extra

layer of security and verification to each transaction on the network.

Hash Functions: BFTC utilizes cryptographic hash functions to create fixed-size unique

representations (hashes) of data. These hashes are used in several critical areas, such as

storing transaction data, verifying the integrity of blocks, and ensuring the immutability of the

blockchain. Even minor changes to the original data will result in a completely different hash,

making it easy to detect any alterations.

Secure Multi-Party Computation (SMPC): SMPC is employed in BFTC to enable secure

computations on encrypted data without the need to decrypt it. This ensures that sensitive

information remains confidential while allowing necessary computations to be performed.

12

Network Security: BFTC employs various measures to protect against common attacks,

such as Distributed Denial of Service (DDoS) attacks, Sybil attacks, and double-spending

attacks. Network security is strengthened through continuous monitoring, firewalls, and

other security protocols.

Regular Security Audits: To maintain the highest level of security, BFTC undergoes

regular security audits and vulnerability assessments by trusted third-party experts. This

ensures that any potential vulnerabilities are identified and addressed promptly.

BFTC's implementation of cryptographic

principles and security measures

guarantees a secure and reliable

ecosystem that upholds the project's

mission of providing a stable and

censorship-resistant store of value.

By prioritizing user data protection and

network integrity, BFTC aims to instill

trust and confidence among its users

and stakeholders.

13

Consensus Algorithm Security: As described earlier, BFTC utilizes the Proof of Stake

(PoS) consensus mechanism. PoS ensures the network's security by encouraging honest

participation and penalizing malicious behavior. Validators are incentivized to follow the rules

and maintain the integrity of the blockchain to safeguard user assets.

Secure Wallets and Authentication: BFTC incorporates secure wallet technologies to

protect users' private keys and facilitate secure transactions. Additionally, strong

authentication mechanisms are implemented to ensure that only authorized users can access

their accounts.

Auditability and Transparency: The public nature of the blockchain ensures that all

transactions and interactions are recorded on an immutable ledger, providing a high level of

auditability and transparency. Users can verify the authenticity of transactions and account

balances independently.

BFTC ECOSYSTEM

BFTC Academy is an educational platform that

offers courses and resources to educate users

about blockchain technology, cryptocurrencies,

and various aspects of the financial landscape. It

provides valuable knowledge and insights,

empowering individuals to navigate the digital

financial ecosystem confidently.

F. Trader is a dedicated trading platform designed

to facilitate trading opportunities within the BFTC

ecosystem. It provides users with essential tools

and features to make informed investment

decisions, explore various trading options, and

participate in the digital asset market.

Med Shop is an online marketplace where users

can purchase medicines and health-related

products using BFTC coins. It offers a secure and

hassle-free shopping experience for medical

needs within the BFTC ecosystem.

The BFTC Card is a physical or digital payment

card that enables convenient crypto transactions.

Users can load their BFTC coins onto the card,

allowing them to seamlessly spend their

cryptocurrency for everyday purchases at

merchants that accept digital payments.

Meta Meet is a video conferencing and live

meeting platform that facilitates seamless

communication and collaboration among users

within the BFTC network. It supports virtual

meetings, webinars, and interactive sessions.

F. Tube is a video streaming platform within the

BFTC ecosystem. Users can explore a wide range

of content, including educational videos,

entertainment, tutorials, and more. It serves as an

immersive learning and entertainment hub for

users.

Consensus mechanism (Proof of Stake)

Each component of the BFTC ecosystem:

14

1. BFTC Academy

3. F. Trader

5. Meta Meet 6. BFTC Card

4. Meta Meet

2. F. Tube (Factors tube)

Game Factors is an online gaming platform that

allows users to engage in exciting games using

BFTC coins as a means of participation and

rewards. It offers an immersive gaming

experience and the opportunity to earn rewards

for skill and participation.

B- Browser is a user-friendly web browser that

prioritizes privacy and security. It integrates

seamlessly with the BFTC ecosystem, allowing

users to access various BFTC services while

maintaining their data confidentiality.

Easyticket is a ticketing platform that allows users

to purchase tickets for various events, concerts,

experiences, and more using BFTC coins. It

simplifies the ticketing process and enhances

user engagement within the BFTC ecosystem.

Helex is a suite of decentralized finance (DeFi)

tools and services within the BFTC

ecosystem. It provides users with access to

various DeFi applications, such as lending,

borrowing, yield farming, and liquidity provision.

15

7. Game Factors

9. B- Browser 10. Easyticket

8. Helex

Each component of the BFTC ecosystem serves a specific purpose and contributes to the overall goal of

providing a stable and censorship-resistant store of value. The diverse range of applications and services

ensures that users have access to various functionalities and experiences, creating a dynamic and

comprehensive financial ecosystem for all users.

Within the BFTC ecosystem, each component interacts seamlessly to create a dynamic and comprehensive

financial ecosystem. Here's a breakdown of how each component interacts with others:

How each component interacts within the ecosystem

Users can access educational content from the BFTC Academy, learning about blockchain,

cryptocurrencies, and financial concepts.

The knowledge gained from the academy can be applied in various aspects of the

ecosystem, such as trading on F. Trader or participating in DeFi on Helex.

Users can load their BFTC coins onto the BFTC Card.

The BFTC Card can be used for everyday purchases at merchants that accept digital

payments, encouraging the adoption of BFTC coins in real-world transactions.

F. Tube provides educational content on blockchain and cryptocurrencies from the BFTC

Academy, fostering a continuous learning experience.

Users can earn BFTC coins for creating and uploading valuable educational content to F. Tube.

Users can utilize the knowledge gained from the BFTC Academy to make informed

investment decisions on F. Trader.

BFTC Card transactions and purchases made through the ecosystem can be tracked on F.

Trader for financial analysis.

BFTC Academy:

BFTC Card:

F. Tube (Factors tube):

F. Trader:

Meta Meet facilitates live meetings and webinars, enabling users to discuss financial

strategies, conduct workshops, and share insights.

Users can participate in virtual conferences and events related to blockchain and financial

education.

Meta Meet:

16

Med Shop allows users to purchase medicines and health-related products using BFTC coins.

Users can use the BFTC Card to make secure and convenient payments for medical purchases.

Game Factors offers an entertainment platform where users can play games and earn

BFTC coins as rewards.

The gaming platform enhances user engagement within the ecosystem and encourages the

adoption of BFTC tokens.

Helex provides decentralized financial services, enabling users to lend, borrow, and engage

in yield farming using BFTC tokens.

Rewards earned from Game Factors or F. Tube can be used to participate in DeFi

opportunities on Helex.

B- Browser ensures secure access to the entire BFTC ecosystem, promoting user privacy

and data protection.

Users can access and interact with various components of the ecosystem seamlessly

through the user-friendly B- Browser interface.

Med Shop:

Game Factors:

Helex:

B- Browser:

Users can purchase event tickets and experiences using BFTC coins through Easyticket.

Events and conferences related to blockchain and finance can be listed on Easyticket,

encouraging community participation.

The integration of each component within the ecosystem creates a synergistic environment that promotes

financial education, user engagement, and the adoption of BFTC tokens in various aspects of daily life.

Users can leverage their knowledge, earnings, and financial assets across different applications, fostering a

comprehensive and user-centric financial experience. The interconnectedness of the components

strengthens the overall BFTC ecosystem and aligns with the project's mission of empowering individuals

with greater control over their financial assets.

Easyticket:

17

BFTC offers a wide range of use cases and benefits for users, promoting financial empowerment,

accessibility, and innovative financial solutions. Here are some key use cases and benefits for users within

the BFTC ecosystem:

Use cases and benefits for users

Users can enjoy fast, secure, and censorship-resistant transactions within the BFTC

ecosystem, facilitated by the PoS consensus mechanism.

The use of digital signatures and cryptographic principles ensures the authenticity and

integrity of all transactions.

BFTC Academy and F. Tube provide valuable educational resources on blockchain,

cryptocurrencies, and financial concepts.

Users can enhance their financial knowledge and stay informed about the latest developments

in the digital financial landscape.

The BFTC Card allows users to seamlessly spend their BFTC coins for everyday purchases

at merchants that accept digital payments.

Users can easily convert their cryptocurrency into real-world goods and services.

F. Trader provides a dedicated trading platform where users can explore various trading

opportunities and make informed investment decisions.

Users can benefit from the diversity of financial instruments available on F. Trader.

Secure and Censorship-Resistant Transactions:

Financial Education and Knowledge Sharing:

Convenient Crypto Spending

Enhanced Trading Opportunities:

18

Meta Meet enables users to conduct virtual meetings, webinars, and workshops, fostering

collaboration and knowledge sharing among participants.

Users can connect with like-minded individuals and professionals within the blockchain and

financial community.

Collaboration and Communication:

Med Shop allows users to conveniently purchase medicines and health-related products

using BFTC coins.

Users can benefit from a secure and straightforward shopping experience for medical needs.

Game Factors offers an entertaining gaming platform where users can participate in games

and earn BFTC coins as rewards.

sers can have fun while earning rewards for their gaming skills and participation.

Helex provides access to various DeFi services, including lending, borrowing, yield farming,

and liquidity provision.

Users can participate in DeFi opportunities to earn passive income and maximize the potential

of their BFTC tokens.

B- Browser ensures a secure and privacy-focused web browsing experience while seamlessly

integrating with the BFTC ecosystem.

Users can access BFTC services and applications through a user-friendly interface.

Secure and Hassle-Free Medication Purchases:

Gaming and Entertainment Rewards:

Decentralized Finance (DeFi) Opportunities:

User-Friendly Web Browsing:

19

Easyticket enables users to purchase tickets for events, concerts, conferences, and

experiences using BFTC coins.

Users can easily participate in various blockchain and financial-related events and

experiences.

Access to Events and Experiences:

Reduced Transaction Costs:

Users can benefit from costeffective transactions, avoiding high

fees associated with traditional

financial systems.

Reduced Transaction Costs:

Users can benefit from costeffective transactions, avoiding high

fees associated with traditional

financial systems.

Financial Inclusion: BFTC

promotes financial inclusion by

providing services to individuals in

underbanked regions.

Transparency and Security: The

blockchain technology used ensures

transparency, immutability, and

security of all transactions and data.

Benefits for Users:

Financial Empowerment: BFTC

empowers users to have greater

control over their financial assets and

make informed financial decisions. .

Accessibility: BFTC's diverse

ecosystem caters to various interests

and needs, making cryptocurrencies

more accessible to the masses.

BFTC's ecosystem offers a holistic financial

experience with diverse use cases and

user-centric benefits, fostering financial

sovereignty and transforming the way

individuals interact with their finances.

20

Passive Income Opportunities:

Staking BFTC tokens offers users

the opportunity to earn passive

income while contributing to the

network's security.

Eco System and Network

Growth: 18%

Team: 10%

Strategic Partner: 17%

TOKENOMICS

Development: 20%

Marketing: 20%

Investor: 10%

Advisor: 5%

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Team: 10%

Advisor: 5%

Development: 20%

Marketing: 20%

Investor: 10%

Eco System and Network Growth: 18%

Strategic Partner: 17%

Token Economics and Incentives for Users and Validators in the BFTC ecosystem are crucial to drive

participation, network security, and user engagement. Here's how the token distribution and incentives are

structured:

Token economics and incentives for users and validators

Token Distribution:

Staking Rewards: Users who stake their BFTC tokens in the network as validators or delegators

receive rewards for actively participating in securing the blockchain.

Access to Ecosystem Services: Users are incentivized to use BFTC tokens to access various

ecosystem services, such as F. Trader, Helex, Med Shop, Game Factors, etc.

Lower Transaction Fees: Users who transact within the BFTC ecosystem using BFTC tokens

may enjoy lower transaction fees compared to other payment methods.

Discounts and Rewards: Users can receive discounts or rewards when using BFTC tokens for

purchases within the ecosystem, such as on Easyticket or Med Shop.

Educational Rewards: Users can earn BFTC tokens by contributing valuable educational content

on F. Tube or actively participating in educational initiatives.

Incentives for Users:

22

Team: 10% - Allocated to the core development team and early contributors who have been

instrumental in the project's inception and development.

Advisor: 5% - Reserved for advisors and industry experts who provide valuable guidance and

strategic insights to the project.

Development: 20% - Allocated to fund ongoing development, maintenance, and improvement of the

BFTC ecosystem.

Marketing: 20% - Reserved for marketing initiatives to promote the project, attract new users, and

enhance its visibility in the market.

Investor: 10% - Allocated to early investors and backers who have supported the project during its

fundraising and early stages.

Eco System and Network Growth: 18% - Reserved for activities that contribute to the expansion and

growth of the BFTC ecosystem, including partnerships, community development, and user incentives.

Strategic Partner: 17% - Reserved for strategic partnerships with other projects or organizations to

enhance BFTC's ecosystem and create synergistic collaborations.

Staking Rewards: Validators earn additional BFTC tokens as a reward for participating in

block creation and transaction validation. The more tokens staked, the higher the rewards.

Network Security: Validators are incentivized to act honestly and maintain the network's

integrity as they have a financial stake in the ecosystem.

Governance Rights: Validators may have governance rights within the ecosystem, allowing

them to participate in decision-making processes and propose improvements.

Reputation and Recognition: Successful validators gain reputation and recognition within

the community, potentially attracting more delegators to stake their tokens with them.

The token economics and incentives in the BFTC ecosystem aim to foster active participation,

decentralization, and network security. By rewarding users and validators for their engagement and

contributions, BFTC encourages a vibrant and sustainable ecosystem that aligns with its mission of providing

a stable and censorship-resistant store of value while offering diverse financial services to its users.

Incentives for Validators:

23

STAKING MECHANISM

BFTC network, staking is a critical mechanism that plays a significant role in securing the blockchain,

maintaining network consensus, and rewarding participants for their contributions. Staking involves locking

a certain number of BFTC tokens as collateral to participate in the block validation process and earn

rewards. Here's how staking works in the BFTC network:

Validators and Delegators:

Validators: Validators are network

participants who actively

participate in the block creation

and validation process. They are

responsible for proposing new

blocks and ensuring the accuracy

and validity of transactions within

those blocks. Validators are

selected based on the number of

tokens they have staked.

Delegators: Delegators, on the

other hand, are users who choose

to participate in staking without

being directly involved in the

validation process. Instead, they

delegate their tokens to validators,

allowing them to use those tokens

as collateral to participate in block

validation.

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To stake BFTC tokens, users must send a specific amount of tokens to a staking contract or

address within the BFTC ecosystem.

The staked tokens are held in a locked state and cannot be accessed or transferred until the

staking period ends or the user decides to unstake their tokens.

Staking Process:

Validators are chosen based on a combination of factors, including the number of tokens

staked and a random selection algorithm. The more tokens staked by a participant, the

higher the chances of being selected as a validator.

Validators play a critical role in creating new blocks and verifying transactions. Their

successful participation contributes to the security and efficiency of the BFTC network.

Validator Selection:

Validators and delegators receive rewards in the form of additional BFTC tokens for their

active participation in the staking process. The rewards are distributed based on the number

of tokens staked and the duration of the staking period.

Conversely, validators and delegators may face penalties for malicious behavior or failing to

fulfill their responsibilities. Penalties may result in the loss of a portion of staked tokens to

discourage any attempts at manipulating the network.

Staking incentivizes users to hold and stake their BFTC tokens, which contributes to the

decentralization and security of the BFTC network.

The more tokens staked, the higher the network's security, as it becomes increasingly

difficult for any malicious actor to control a significant portion of the staked tokens and

compromise the network's integrity.

Rewards and Penalties:

Decentralization and Network Security:

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Staking is a key mechanism in the BFTC network, providing a way for users to actively participate in

securing the network while earning rewards for their contributions. It encourages a decentralized and

robust ecosystem while aligning with the BFTC's mission of providing a stable and sustainable store of

value for users.

The staking period varies depending on the network's design. It could be a fixed period or

a flexible duration chosen by the user during the staking process.

Once the staking period ends, users can choose to unstake their tokens and access them

again. Unstaking may have a cooldown period before the tokens become fully accessible.

Staking Period and Unstaking:

BFTC network, both stakers and validators are incentivized through rewards for their active participation in

securing the network. These rewards are designed to encourage network decentralization, maintain

consensus, and foster a robust ecosystem. Here's how rewards work for stakers and validators:

Rewards for stakers and validators

Validators are selected to create new blocks and validate transactions based on the number

of tokens they have staked in the network.

As a reward for their active participation and contribution to the network's security, validators

receive additional BFTC tokens.

The amount of staking rewards a validator receives is proportional to the number of tokens

they have staked in relation to the total staked amount in the network.

Validators are incentivized to maintain honesty and integrity in the network, as any malicious

behavior or failure to fulfill their responsibilities may result in penalties and the loss of staked

tokens.

Staking Rewards for Validators:

Delegators, who choose not to directly participate in the block validation process, can still

stake their tokens by delegating them to validators.

Delegators also receive staking rewards for their contributions to the network's security,

similar to validators. The rewards are proportional to the number of tokens they have

delegated and the overall staked amount.

By delegating their tokens to validators, delegators participate in securing the network

indirectly and are rewarded accordingly.

Staking Rewards for Delegators:

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The source of staking rewards can come from either an inflationary mechanism or

transaction fees.

In an inflationary model, new BFTC tokens may be minted and distributed as staking

rewards to validators and delegators. The inflation rate and distribution parameters are

defined in the network's protocol.

Alternatively, a portion of transaction fees collected from the BFTC network may be

distributed as rewards to participants, further incentivizing staking and validating activities

Inflationary or Transaction Fee-Based Rewards:

The reward structure aims to promote network decentralization by encouraging more users

to stake their tokens and actively participate in securing the network.

Staking rewards incentivize token holders to contribute to the network's integrity, thereby

reducing the risk of centralization and increasing overall security.

Decentralization and Network Participation:

Validators and delegators who receive rewards for their staking activities may also gain

governance rights within the network.

overnance participation allows them to influence decisions related to protocol upgrades,

parameter changes, and other network improvements.

The reward system in the BFTC network is carefully designed to strike a balance between network security,

decentralization, and participation. By incentivizing stakers and validators, BFTC aims to create a

sustainable and vibrant ecosystem that aligns with its mission of providing a stable and censorship-resistant

store of value for its users.

Consensus and Governance Participation:

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Staking Amount and Locking Period: Users need to specify the amount of BFTC tokens they want to

stake. The minimum staking amount may vary depending on the network's rules and requirements. Users

also need to choose the duration of the staking period. Some networks have fixed staking periods, while

others may offer flexible options.

Transaction and Confirmation: Once users have chosen the staking amount and period, they initiate a

staking transaction through their wallet or staking contract. The transaction is broadcasted to the network

and awaits confirmation from the blockchain's validators.

Validator Selection and Rewards:

Validators are selected based on a

combination of factors, such as the

number of tokens staked and a

random selection algorithm.

Validators who are chosen to create

blocks and validate transactions

receive rewards in the form of

additional BFTC tokens. Delegators

also receive rewards in proportion to

their delegated tokens.

Unstaking and Cooldown Period:

At the end of the staking period or

when users decide to unstake their

tokens, they initiate an unstaking

transaction. Some networks impose a

cooldown period during which staked

tokens are locked and cannot be

accessed immediately after

unstaking. This cooldown period

helps prevent certain types of attacks

and ensures network stability.

The staking process in the BFTC network involves participants locking their BFTC tokens as collateral

to actively participate in securing the blockchain and earning rewards. Here's a step-by-step overview of

the staking process and the requirements for stakers:

Staking process and requirements

Token Ownership: To participate in staking, users must first own BFTC tokens. They can acquire these

tokens through various means, such as purchasing them on cryptocurrency exchanges or participating in

token sales.

Selecting a Validator: Users have the option to become a validator themselves by staking a certain

minimum amount of BFTC tokens and actively participating in the block validation process. Alternatively,

users can delegate their tokens to an existing validator. Delegators do not directly participate in block

creation but contribute to the validator's staking power and receive rewards based on their delegated

tokens' proportion.

Staking Contract or Wallet: Users need access to a staking contract or a compatible wallet that supports

the staking functionality in the BFTC network. Many wallets and platforms offer staking features, allowing

users to stake their tokens with a few simple steps.

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Requirements for Staking:

Ownership of BFTC Tokens: Users

must own BFTC tokens to participate

in staking or delegating.

Staking in the BFTC network offers participants the opportunity to actively contribute to network security

and earn rewards for their participation, aligning with BFTC's mission to provide a stable and censorshipresistant store of value while promoting network decentralization.

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Compatible Wallet: Users need

access to a wallet or platform that

supports staking in the BFTC

network.

Minimum Staking Amount: Some

networks may impose a minimum

staking amount to become a

validator or delegator.

Network-Specific Rules: Each

network may have specific rules

and requirements for staking,

including staking period options,

cool down periods, and governance

parameters.

ADVANTAGES OF BFTC

BFTC offers several benefits when compared to traditional financial systems, providing a new paradigm in the

financial landscape. Here are the key advantages of BFTC over traditional financial systems:

Highlighting the benefits of BFTC compared to traditional

financial systems

1.Decentralization and Control:

BFTC operates on a decentralized network,

removing the need for intermediaries like banks

and financial institutions. Users have full control

over their financial assets without relying on

centralized entities.

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2. Censorship-Resistance and

Transparency:

3. Reduced Transaction Costs:

4. Fast and Efficient Transactions:

BFTC's blockchain is censorship-resistant, meaning

transactions cannot be retroactively altered or

censored by any central authority. All transactions

are recorded transparently on the public blockchain,

ensuring transparency and auditability.

Traditional financial systems involve various

fees, such as transaction fees, wire transfer

fees, and currency conversion fees. BFTC offers

cost-effective transactions, reducing overhead

costs for users.

BFTC provides fast transaction speeds compared

to traditional financial systems that may involve

delays due to intermediaries and manual

processes.

5. Financial Inclusion: 6. Secure and Robust Architecture:

BFTC aims to make cryptocurrencies more

accessible to the masses by providing userfriendly

interfaces and a seamless onboarding experience.

This opens up financial opportunities for individuals

in underbanked regions.

BFTC's blockchain technology uses

cryptographic principles and decentralized

architecture to ensure the security and integrity

of user assets, mitigating risks associated with

centralized systems.

10. Borderless Transactions and

Global Accessibility:

11. Transparency and Trust:

BFTC enables borderless transactions, allowing

users to send and receive funds across the globe

without the need for traditional banking

intermediaries.

BFTC operates on a transparent blockchain, enabling users to easily verify transactions and account

balances. This promotes trust and accountability within the network.

BFTC's decentralized, censorship-resistant, and user-centric ecosystem offers numerous advantages over

traditional financial systems, providing greater control, accessibility, and efficiency to users worldwide.

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9. Financial Empowerment through

Staking:

BFTC incentivizes users to stake their tokens,

actively participating in network security and

consensus through PoS. This allows users to earn

passive income, further empowering their financial

well-being.

7. Empowering Ownership and

Privacy:

Users have complete ownership of their private

keys, allowing them to have full control over their

assets and financial privacy. Unlike traditional

systems, BFTC doesn't require revealing personal

information to access financial services.

8. Innovative Ecosystem:

BFTC offers a comprehensive ecosystem with

various applications and services, including

trading, education, gaming, DeFi, and more. This

diversity caters to different user interests and

needs.

The BFTC ecosystem boasts a myriad of strengths that make it a standout player in the financial

landscape. These strengths revolve around decentralization, innovation, inclusivity, security, and user

empowerment. Here are the key strengths of the BFTC ecosystem:

Emphasizing the strengths of the ecosystem

1. Decentralization and Ownership: 2. Comprehensive and Diverse

Ecosystem:

3. Innovative Applications:

4. Financial Inclusion:

The BFTC ecosystem offers a wide array of

applications and services, from financial education

through BFTC Academy to gaming on Game

Factors and DeFi opportunities on Helex. This

diversity caters to various user interests and creates

a dynamic and holistic financial experience.

BFTC continues to push the boundaries of

financial technology by integrating innovative

applications like F. Tube for educational content,

Meta Meet for seamless communication, and BBrowser prioritizing user privacy. These

applications add significant value to the

ecosystem.

BFTC aims to make cryptocurrencies accessible

to everyone, including those in underbanked

regions. Its user-friendly interfaces and diverse

services bridge the gap between traditional

financial systems and the digital financial

landscape.

5. Secure and Transparent

Architecture:

BFTC's blockchain technology uses cryptographic

principles and decentralization to ensure the

security and transparency of user assets.

Transactions are recorded on a transparent public

blockchain, promoting trust and auditability.

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BFTC operates on a decentralized network,

removing the need for intermediaries and giving

users direct ownership and control over their

financial assets. This fosters a trustless

environment where users are not dependent on

centralized entities.

6. Empowering Staking Mechanism:

The Proof of Stake consensus mechanism enables

users to actively participate in securing the

network through staking. Stakers are rewarded for

their contributions, fostering financial

empowerment and passive income opportunities

7. Efficient and Cost-Effective

Transactions:

BFTC offers fast and cost-effective transactions,

eliminating the need for high fees and delays

commonly associated with traditional financial

systems.

8. Privacy and Ownership Protection:

9. Promoting Education and

Knowledge Sharing:

10. Borderless and Accessible:

Users have complete ownership of their private

keys, allowing them to maintain control over their

financial privacy and assets. BFTC ensures that

personal information is not required for accessing its

services.

BFTC Academy and F. Tube are dedicated to

providing valuable education on blockchain and

financial concepts, fostering knowledge sharing

and empowering users to make informed

decisions.

BFTC enables borderless transactions and global

accessibility, allowing users to engage in financial

activities and interact with the ecosystem from

anywhere in the world.

11. Community-Driven and Transparent Governance:

BFTC's governance model is community-driven and transparent, allowing users to participate in decisionmaking processes and propose improvements to the ecosystem.

The strengths of the BFTC ecosystem lie in its commitment to decentralization, innovation, financial

inclusion, security, and user empowerment. By offering a diverse and user-centric ecosystem, BFTC strives

to revolutionize the financial landscape, providing a stable and censorship-resistant store of value for users

worldwide.

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The BFTC ecosystem boasts a myriad of strengths that make it a standout player in the financial

landscape. These strengths revolve around decentralization, innovation, inclusivity, security, and user

empowerment. Here are the key strengths of the BFTC ecosystem:

How BFTC addresses these problems

1. Centralization:

BFTC operates on a decentralized network,

removing the need for intermediaries. It empowers

users with full control over their financial assets

and eliminates single points of control, making it

less susceptible to central authority manipulation.

2. High Costs:

3. Slow Transactions: 4. Limited Accessibility:

BFTC offers cost-effective transactions, avoiding

high fees typically associated with traditional

financial systems. This reduces transaction costs

for users, making financial interactions more

affordable.

BFTC's blockchain technology enables fast and

efficient transactions, eliminating delays

commonly found in traditional financial systems.

Users can execute transactions quickly,

enhancing convenience and accessibility.

BFTC aims to make cryptocurrencies more

accessible to the masses by providing userfriendly

interfaces and a seamless onboarding experience.

Its diverse ecosystem caters to various interests

and needs, promoting financial inclusion.

5. Lack of Privacy and Ownership:

BFTC ensures privacy and ownership

protection by allowing users to maintain

complete control over their private keys. Users

are not required to reveal personal information,

preserving their financial privacy

BFTC's blockchain technology uses cryptographic

principles and a decentralized architecture to

enhance security. Transactions are transparently

recorded on the public blockchain, promoting trust

and accountability.

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6. Security Concerns:

7. Lack of Financial Education:

BFTC addresses the lack of financial education by

offering BFTC Academy and F. Tube, providing

valuable educational content on blockchain and

financial concepts. Users can access educational

resources and stay informed about the latest

developments in the financial landscape.

9. Dependency on Intermediaries:

10. Opaque Governance:

BFTC eliminates the dependency on

intermediaries by providing a decentralized

network. Users can directly interact with the

ecosystem and transact without relying on

traditional financial institutions.

BFTC's governance model is community-driven

and transparent. Users have the opportunity to

participate in decision-making processes and

propose improvements, ensuring a more

democratic and inclusive ecosystem.

By addressing these problems, BFTC revolutionizes the financial landscape, offering a stable and

censorship-resistant store of value while empowering individuals with greater control over their financial

assets. Its user-centric approach, comprehensive ecosystem, and commitment to financial education

contribute to a more transparent, accessible, and secure financial future for its users.

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8. Limited Financial Opportunities:

BFTC's ecosystem offers a comprehensive

range of applications and services, including

trading, gaming, DeFi, and more. Users can

explore various financial opportunities within the

ecosystem, enhancing their financial prospects.

MARKET ANALYSIS AND PROBLEM STATEMENT

The traditional financial system, while being an essential part of the global economy, has several issues

and shortcomings that have led to various challenges and concerns. Here are some critical issues in the

traditional financial system:

Examination of issues in the traditional financial system

1. Centralization and Intermediaries:

Traditional financial systems are centralized,

meaning they are controlled by a handful of

powerful intermediaries, such as banks, financial

institutions, and regulatory bodies. This

centralization can lead to a lack of transparency,

accountability, and unequal distribution of power.

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2. High Transaction Costs and Delays:

Transactions in the traditional financial system often

involve high fees, such as wire transfer fees,

currency conversion fees, and processing fees.

Moreover, cross-border transactions can be timeconsuming and subject to delays.

3. Limited Accessibility and

Financial Exclusion:

Many individuals, especially those in

underbanked regions or without access to

traditional financial services, face financial

exclusion. They may be unable to open bank

accounts, access credit, or participate fully in the

formal economy.

4. Privacy and Security Concerns:

Traditional financial systems require users to

disclose sensitive personal information, raising

privacy concerns. Additionally, centralized

databases are vulnerable to hacking and data

breaches, risking the security of user information.

5. Over-Reliance on Trust:

Traditional financial systems rely heavily on trust

in intermediaries and counterparties. If trust is

compromised, it can lead to fraud,

mismanagement, and systemic risks.

6. Opaque Governance and

Decision-Making:

Governance structures in traditional financial

systems can lack transparency, making it

challenging for ordinary users to understand and

influence decision-making processes that impact

their financial well-being.

7. Privacy and Security Concerns:

Traditional financial systems require users to

disclose sensitive personal information,

raising privacy concerns. Additionally,

centralized databases are vulnerable to

hacking and data breaches, risking the

security of user information.

8. Over-Reliance on Trust:

Traditional financial systems rely heavily on trust in

intermediaries and counterparties. If trust is

compromised, it can lead to fraud,

mismanagement, and systemic risks.

9. Opaque Governance and

Decision-Making:

10. Inefficiencies and Inequalities:

Governance structures in traditional financial

systems can lack transparency, making it

challenging for ordinary users to understand and

influence decision-making processes that impact

their financial well-being.

Inefficiencies in the traditional financial system,

such as manual processes, paperwork, and legacy

technologies, can result in delays and higher costs.

Moreover, these inefficiencies may exacerbate

wealth inequalities.

11. Risk of Economic Crises:

The traditional financial system is susceptible to

economic crises due to factors like speculative

bubbles, excessive leverage, and inadequate risk

management. These crises can have severe

repercussions on global economies.

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12. Regulatory Barriers and Inflexibility:

Overly complex and restrictive regulations can

hinder innovation and limit access to financial

services for both individuals and businesses. It

may also stifle competition and impede the growth

of emerging financial technologies.

13. Limited Financial Education:

The traditional financial system may not adequately provide financial education to the general public,

leading to a lack of awareness about managing personal finances and making informed investment

decisions.

Addressing these issues is crucial to creating a more inclusive, efficient, and transparent financial system.

Blockchain technology and cryptocurrencies, such as BFTC, aim to tackle some of these challenges by

providing decentralized, accessible, and secure alternatives to traditional finance.

BFTC addresses the issues in the traditional financial system through its innovative and decentralized

ecosystem. Here's how BFTC tackles these problems:

BFTC operates on a decentralized blockchain,

eliminating the need for intermediaries like banks

and financial institutions. This empowers users

with direct ownership and control over their

financial assets.

How BFTC addresses these problems

1. Decentralization and

Removal of Intermediaries: