Preparation for Bitbon Listing: Announcement of "120 Hours" Promotion
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Preparation for Bitbon Listing: Announcement of "120 Hours" Promotion

Dear Bitbon System Community,

The Exchange Request for Bitbon (ERBB) service[i] is about to be launched to promote the Bitbon System[i] on global trading platforms and in services. Thus, owners of ERBB units around the world will be able to transform them into Bitbon units[i] for their further use in the services of the Bitbon System Social Network[i].

For the implementation of the Bitbon[i] listing mechanism (through ERBB units), the choice of the Ethereum blockchain network is the best solution and follows the strategy of promoting the Bitbon System Social Network and its services internationally. As of today, preliminary consent has been obtained from several global trading platforms and services for the placement of the ERBB tokenized asset[i] generated on the basis of Ethereum technology, which gives the right to receive Bitbon units. The key condition for placing the ERBB tokenized asset on global trading platforms is achieving a sufficient level of liquidity through the activity of the community of Bitbon System Users[i] within the Ethereum network.

Thus, if we fulfill this condition, we can not only significantly speed up preparation for the Bitbon listing, which is important for all Bitbon System Users, but also provide Participants[i] with instruments to effectively manage the ecosystem, in particular, to attract new Users.

To see and use the current intellectual and social potential of the Bitbon System Community, the First Bitbon System Operator[i] will shortly launch a unique “120 Hours” promotion using a special fund for its implementation.

GENERAL TERMS AND CONDITIONS OF “120 HOURS” PROMOTION

1. The main purpose of this promotion is to ensure the necessary liquidity of the ERBB tokenized asset by increasing the number of Bitbon System Participants in the run-up to the listing.

2. The promotion will be divided into 3 rounds, which involve the registration of 10,000 unique owners of ERBB units:

3. You can participate in the promotion only by owning ERBB units.

4. Remuneration for participation in the promotion:

  • expressed in Bitbon units;
  • calculated based on the number of ERBB units multiple of 100, 200, 300..., but not more than 1,000;
  • the remuneration amount is based on the following principle:
Round 1 — 0.5 Bitbon for each 100 ERBB units; ;
Round 2 — 0.4 Bitbon;
Round 3 — 0.3 Bitbon;
  • the remuneration is credited every 120 hours to your Assetbox[i] in the One Space[i] service.

By participating in this promotion, owners of ERBB units can use the remuneration they receive every 120 hours in bitbons to receive additional remuneration in providing[i].

We also would like to inform you that the initiator of the promotion does not object if the active Users will form their pools on other DEX exchanges during the promotion, that is, before the official listing, and the exchange owners will start using the ERBB tokenized asset on their trading platforms.

Especially for participants in the promotion, an online monitoring page will be launched where they will find information about the promotion updated in real time.

The promotion will be launched simultaneously with the launch of the ERBB service, on July 4, 2023.

One Space is a base service of the Bitbon System that provides the infrastructure for ensuring interaction of Bitbon System Users. One Space is the development of SIMCORD LLC (EDRPOU 37657823).
Simcord LLC. Technologies. Ukraine. (Company ID code 37657823). Based on the Bitbon System Public Contract, Simcord acts as t he first Bitbon System Operator.