Photo - BusyXChain
play_arrow
View
59124

BusyXChain

Czech Republic
Market: Internet and IT, Blockchain, Crypto currency
Stage of the project: Prototype or product is ready

Date of last change: 28.11.2022
Go to the owner's profile
5
equalizer from 2000
help
Calculated and estimated occupancy of the project (more about ratings)
My rating
1
2
3
4
5
6
7
8
9
10
Average rating:
 

Idea

BusyXChain is a next-generation, layer-1 blockchain that combines public, private, and hybrid blockchains into a single ecosystem.

Current Status

We have been developing and testing our solution for over 2 years and are ready to launch the BusyXChain blockchain.

Problem or Opportunity

Blockchain is the golden child of the decade. Unfortunately, due to the number of hacks and bad actors in the industry, it is fast becoming a problem child. Cross-chain bridges and interconnects are being exploited for their security vulnerabilities.

Solution (product or service)

BusyXChain addresses this issue by eliminating the need for complicated, risky bridges. This is achieved with a virtual layer over our layer-1 network, allowing for highly secure and seamless interconnectivity. Our network allows organizations to build or move their existing infrastructure into a blockchain environment and connect with other projects within our ecosystem. Our infrastructure will help push mainstream adoption and allow small and large businesses to integrate blockchain tech into every part of their business infrastructure. BusyXChain caters for everybody – companies, government

Business model

We are adopting a similar approach to many leading Layer 1 protocols, like PolkaDot, Solana, Cosmos, etc. We aim to develop a fully functional, decentralized ecosystem available to all. Essentially, we are a non-profit with revenue-generating mechanisms to help build, grow and maintain our network.

We have to stake it as a revenue-generating mechanism. The company will stake vesting released coins to earn 11% annual interest to cover monthly expenses. Investors can use the same model to get a stable annual ROI on their staked BXCH coins.
3,50
1
2
3
4
5
2 voices
Sign in/Sign up
arrow_back
EN
more_horiz
close
visibility481
star0
Add to favorites
Delete from favorites
share
close
thumb_up0
Like
Unlike
Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video
Presentation