CB is a proof of equity for the COINBIG platform
What is CB Tokens?
CB is the proof of equity of the COINBIG transactionplatform itself and the cornerstone of community governance. We have an innovative “transaction-mining” operating mechanism.
The total supply of issued CB tokens is set to 10 billion and will never be increased.On a daily basis, COINBIG will distribute to the holders of CB tokens, 80% of the revenue acumulated from transactionfees. In addition, CB token holders share multiple rights such as election decisions and community governance.
CB Total Supply
Allocation of CB Tokens
Transaction is Mining
COINBIG Platform Background
COIBIG is an innovative “community of eco-autonomous digital asset trading platform” registered in New Zealand. We are the devout believers in the core ideas of bitcoin and blockchain. The core members of the team are top-level elite teams from world-renowned companies, technology finance and blockchain community operations, and also former OKcoin founders and operators. Recently, it received ten millions angel investment from Huobi Eco, as the lead investor, Crypto Vision Capital, Darkpool Group, Zhao Dong, Sun Yuze and other well-known institutions and industries.
Founder of Genesis
Founder of Coldlar
Peking University Fintech Innovation Lab Academic Committee
Chairman of Galaxy Dragonfly Investment Co., Ltd.
Former Co-founder of Moji Weather
Core Technician of The Garage Café
Famous Early Investor of Bitcoin
Crypto Vision Capital is a fund specializing in investment in cypto digital currency. It participates in investing in dozens of blockchain projects in many countries around the world. The invested projects are EOS, IOTA, ELF, DCC, IFS, BQI, Coinbene, etc.
As a certificate of circulated encrypted digital rights, Token will become an essential element in the future digital economy era. As a representative of the rights of the COINBIG community, CB is the cornerstone of COINBIG community governance.
The income of the COINBIG transactionplatform will be allocated to CB holders in a fixed proportion. The distribution ratio is 80%, and the transaction fee is allocated to CB holders, and 20% is used for COINBIG platform development and operation.
The COINBIG community allows CB holders to participate in global partner elections and major business decisions by consuming CB votes.
Community members of COINBIG can participate in Global Partner election and decision-making on major business matters. Moreover, CB holders have the rights to conduct due diligence and transparency on COINBIG exchange.
Transaction is Mining
We use the "mining synchronous release" mechanism to complete the release of CB. 51% of CBs will be awarded to community users through the main model of “transaction is mining”.
“Transaction mining” refers to the direct conversion to the USDT at the current price when the account generates the commission at the time of the snapshot, and then directly converts to the CB according to the current USDT/CB price.
The total amount of “transaction mining and returning” was 5.1 billion, which was deemed to be “transaction mining” after the release of all the mining methods.
Revenue distribution via staking CB
According to the CB circulation position held by the platform user's daily snapshot time, the average transaction fee of the previous day platform participation transaction is evenly distributed. The daily dividend can be used to obtain the fee deduction for all the participating currencies of the platform. The mining period is settled by CB).
Invite To Mine
The total of amount of mining pool available for invitation mining is 5.1 Billion CB Tokens. If “Trade mining” was released it means that the “Invitation mining” has ended, thus the fund pool of “invitation mining” will switch to that of “trade mining”, so the output of “trade mining” is changed to 20% for the user transaction fee that is converted to CB tokens and continues to be rebated to the user.