Beowulf Blockchain revealed that it would list in native coin on the Bittrex Global exchange on September 24, 2020, at 8 PM (GMT+8).
Understanding the Beowulf Blockchain
Beowulf is a B2B decentralized cloud network with a focus on enterprise communication services. The company offers its users the benefits of transparency and deployment-ready solutions in various sectors. Beowulf currently focuses most of its efforts on customers in the healthcare, finance, education, eCommerce, and transportation sectors. It enables these clients to offer communication features without any barriers.
Beowulf Blockchain is a Success Story
Beowulf has achieved a lot in the recent past and has added value to a wide array of business sectors. Additionally, the project serves millions of users globally. The company has entered into partnerships with hundreds of leading educational institutions and corporations globally to deploy advanced technology platforms such as TUTORICA, BIPLOMA, and QUICKNOM.
Some of the customers of Beowulf are globally recognized entities such as:
- Fulbright University
- Nationally renowned universities in Vietnam
- Mai Linh Group ( one of the oldest taxi groups in Vietnam )
- Major healthcare providers such as MD24 House call and others
These partnerships have come to fruition due to the increasing demand for customizable and deployment-ready communication products by firms in various sector.
One of their most recent partnerships that Beowulf Blockchain has forged is with FHL Games, a leading digital content and games distributor in Latin America. The company provides clients with games such as PUBG and League of Angels III to 20 million users on kaybo.com.
The listing will Decentralize Ownership
The listing of the Beowulf Blockchain coin is being done to decentralize ownership. Beowulf feels that it is ready to make an in-depth impact and achieve its mission of empowering its users in all aspects. By listing its native coin the BWF, Beowulf will decentralize the ownership of its blockchain.
BWF Token Listing Details
By decentralizing ownership, it will enable organizations and people globally to become supernodes. The company plans to list 100 million BWF coins worth $1 million to its community within two weeks after listing. Besides that, the company will collaborate with crypto exchanges to establish a supernode network.
Users of the crypto exchanges will be allowed to stake their BWF holdings to form supernodes. Upon staking their BWF, they will be able to earn block rewards paid out in BWF coins. Additionally, they will earn transaction fees in W coins from the Beowulf network.
What are W Coins?
W coins are the native stablecoin of the Beowulf Blockchain ecosystem. Their value is pegged to the USD at a 1:1 ratio. W coins are a utility token that act as the stable payment medium for transaction fees within Beowulf ecosystem. They operate on the same principle as casino chips. They are one-half of the unique dual-coin architecture of the ecosystem that helps to ensure liquidity and stability.
What the Leadership Team Had to Say
Commenting on the upcoming listing, Dr. William H. Nguyen, the Beowulf CEO, said that he wanted to position the BWF coin as a membership passport to supporters of their various products and upcoming ones in the future. He added that with the support of various industry leaders, the company would disrupt the enterprise communication sector. To achieve this, they will offer better video quality, lower-cost video conference services, and improved efficiency to end-to-end users globally.