BitRabbit has a unique decentralized decision-making model, where users will be able to vote on its development direction, and the group is releasing several attractive investment opportunities, such as leading cryptocurrency mutual funds. The service also released its own cryptocurrency, BRB token, but the existing publication offered several details about ICO tokens and their role in the platform.
Bitrabbit is one of the Cryptocurrency exchange sites like Bitcoin, litecoin, ethereum and ERC20 tokens. You will get a bonus of 100 CARROT Tokens after registering and verifying your identity on Bitrabbit Exchange. You will also get a CARROT token bonus by performing daily tasks here.
BitRabbit is the work of the Chinese team. This group consists of highly experienced software developers; some have PhDs, and only two out of seven come from management or financial backgrounds. The team’s CEO, Ray Cao, is a former senior technical expert for Alibaba’s popular shopping website.
BitRabbit is a platform that offers clients cryptocurrency trading and cryptocurrency derivative services in the market anytime, anywhere with a level of security, liquidity and experience.
The name BitRabbit comes from the speed of changes in the blockchain industry. BitRabbit’s foreign desire is to help his clients grow as fast as rabbits. BitRabbit Exchange is committed to providing a smooth trading experience for its clients. A quick response to clients at the beginning is BitRabbit’s commitment.
BitRabbit team has many years’experience of financial, internet and blockchain technology. The expertise of veteran experts and top geniuses in the BitRabbit team promises stable service, leading trading experience for its clients.
BitRabbit states that the exchange platform itself will be decentralized and will use an algorithm called extreme stock proof to verify transactions. This algorithm is built on a common proof of ownership method that ensures that block makers are randomly selected, but introduces the concept of selecting users with greater bandwidth to increase network speeds that can approve transactions. This is an interesting innovation that the company claims will be able to handle more than one million transactions every second.
One of the most interesting company innovations is decentralized decision making models; The whitepaper states that a group of at most 200 users will be able to vote on various management decisions. These users will be recruited directly by the development team, and will have the opportunity to vote on currency management, nominate currencies to exchange on platforms, and even choose to pay dividends for themselves or token owners. Voting power will be proportional to the number of BRB tokens they have. It is not clear how this vote will be calculated, or when this user will be selected.
BitRabbit has released an attractive investment opportunity called the Blockchain Asset Index. This is basically a mutual fund consisting of seven cryptocurrency which was released on October 1, 2017 for $ 1, and has more than doubled its value. This type of asset can be of interest to conservative investors who are interested in long-term cryptocurrency holding, and it will be interesting to see if the company offers similar opportunities.