Professional Documents
Culture Documents
November 2017
Introduction ...................................................................................................................................1
Decentralization ..........................................................................................................................16
www.bitbeeline.co
November 2017
Mining ...........................................................................................................................................29
www.bitbeeline.co
November 2017
Introduction
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Staking, and Trading. BBL also offers a lending program and referral
program which pays the lender a daily dividend on their investments
and the user will receive their initial investment back at the end of the
loan period.
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November 2017
Bitbeeline – An Overview
If you are looking for a cryptocurrency that is very similar with bitcoin in
many technical aspects, you do not need to look any further – Bitbeeline
is a digital currency that operates on the internet around the globe, no
matter the geographical distance between the sender and receiver.
Additionally, the BBL propagates the instant transaction process, with
only a few minutes needed for the transfer to take place.
As for the supply, the amount of BBL currently in the market is limited to
28 million coins worldwide, resembling a financial system of deflation,
keeping a healthy value for the coin to have according to the demand of
the market. Should the said demand raise in the future, so will the value
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November 2017
of the coin, with each new trader entering the frame pushing the coin’s
value up.
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November 2017
Bitbeeline Technical Specifications
BBL Specifications
Algorithm Scrypt
Ticker BBL
Premine 19%
PoW Reward 50
Mining CPU/GPU
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Bitbeeline Features
- Not a scam with returns that would imply the fraudulent operations
- Profits are fairly shared with investors through lending and gambling
operations
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- API payment gateways
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November 2017
The Roadmap of Bitbeeline
ü Dec 2017 : ICO Starts. Promote Mining. BBL Block Explorer, Websitee
wallet, Desktop Wallet (Windown, Linux, Mac).
ü Q3. 2017 : Open lending Bitbeeline, we accept BBL, BTC, BCH, BTG,
DASH, BCC, XVG.
ü Q.3 2018 : Beta Platform. Launched Beta platform with key partners.
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November 2017
Timetable of Pre-mine Distribution during
ICO
On November 15th 2017, as an initial volume before the ICO release, 1.2
million BBL is planned to be released to the market with promotions and
price discounts to attract traders and investors. The coin is poised to take
up a number of features and services to the interested parties through
lending, exchange and gambling products that our team offers. The
largest part of the bulk will be presented at the beginning of the Initial
Coin Offering (ICO) period, with 780,000 BBL released during November
2017.
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November 2017
$ 0.70
$ 1.30
$ 0.80
BBL 230,000.00
BBL 575,000.00
$ 1.00
BBL 690,000.00
BBL 805,000.00
Refferal bonus 5%
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November 2017
Our team reserves the right to change the timetable of the ICO of the coin
should unforeseen circumstances occur under which we do not have
control over or if the promotion plays out significantly different from the
planned sequence. Rest assured since we do hold interests of investors in
our regard when planning the promotions and programs.
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November 2017
Additional information about Coin and its
Lending
Most of the HYIP programs right now would offer insane lending
returns, promising huge daily profits for those investors that wish to put
their trust and money to the coins offered. The amount of
disappointment would also correspond to that level of a promising start
as soon as the operations of those returns have been exposed as a fraud.
Thus, we were looking for a solution that would be profitable for both
sides, ours and investors, as we are keen to establish long-term
relationships with people around the world while building a new bitcoin
in the market. The future of the cryptocurrencies looks bright, a fact that
we wish to exploit by offering a lending and coin programs devoid of
past issues seen in some more famous altcoins such as BTC, LTC, ETH
and others.
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November 2017
Our operations are backed up by investors based in different financial
and banking sectors, providing security for the steady supply of coins in
the foreseeable future. We have been also contacting various other
organizations, proposing different types of agreements and programs,
from schools, military and hospitals to charities, eBBLtronic companies,
gaming and various other communities.
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November 2017
Our Team
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bent on changing the world towards the better place, we are able to
provide high-quality services at reasonable prices.
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November 2017
Decentralization
This would allow you, as fellow traders, to look at the records and numbers
without the influence of a group of rich people, bent on moving the market
towards their own ends. The fair environment is thus guaranteed from the
beginning and should you find the BBL ICO ledger inadequate, you would see
it miles away before you start trading and investing your own money in it.
Suffice to say, we do not plan to simply release the coins and sit tight without
any sort of reaction from our side should things go downhill. We do have
means and tools to stabilize the market at any given time to ensure the least
possible amount of damage for the clients that wish to work with BBL.
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November 2017
Privacy and Security
There are several points about the BBL platform trading that you should
be aware of concerning privacy and security.
To start off, all transactions are recorded in the general ledger of the
blockchain, meaning that your actions will be visible for the general
public’s view. The transactions themselves, although containing the trade
details, DO NOT hold any of your personal information, as we do not
colBBLt the said details from you in the first place. The data visible are
concerned with the date of the transaction and its value, while your
identity is not mentioned at all.
The only details that would be asked of you are your IP address and an
email you use for referral and lending services. Both addresses serve as
anti-hacking measures, making sure that you are a person and not a bot
created to enter the market and cause havoc all the while. The IP address
that we colBBLt from you is not held for any sort of purposes and neither
are details recorded in our system but we do advise you to protect your
passwords and encrypt your emails and wallets as to avoid unpleasant
situations.
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November 2017
includes your information and wallet balance. The point can be taken
that at the beginning stage the project might not have the popularity of
other more famous altcoins but we have nevertheless taken steps to
ensure your privacy and security of your coins. Additionally, we are
planning to include both hot and cold storage wallets that are secured
with multi-signature addresses and two-factor authentication (2FA) as a
measure of protection, further securing your funds.
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November 2017
Development Team
The dev team responsible for this platform and coin creation is made of
experts in the field, who have been in the industry for quite some time.
They know what it means to trade cryptocurrencies and thus possess the
required knowledge to make the market suitable for traders while
keeping up the high standards of security, ease of transfers and privacy
of all parties.
The website and all tools available have been polished according to the
market demands and we cannot be more proud of the development team
for coming up with a quality product that ensures fair and safe BBL
trading.
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November 2017
Our Referral Program
F1 8.50%
F2 4.00%
F3 1.75%
F4 0.75%
F5 0.50%
F6 0.25%
F7 0.125%
F8 0.0625%
The first 6 tiers of the referral program are concerned with regular
structure available for general public, while one tier (the top one) will be
dedicated for our social media promoters who are to help advertise the
BBL. The percentages presented in the table above refer to the interest
payments for trade amounts made by the people you have introduced
BBL to. The more people you get in, the more money they would be
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November 2017
transferring between each other, creating a large referral value for you,
earning you higher interest rates as a consequence.
The program acts as an incentive for you to work with the platform and
increase the activity of the market by including your friends, family
members and coworkers. The more people trade with the BBL, the higher
value it will have in the near future. The reward system is not meant to
be the core of your business but it can still be viewed as another revenue
channel for you. The more you invest, the higher margin you will make
while the number of traders would increase to the point where your
other activities, such as exchange and lending would increase in scope as
well, earning you, even more, money in the process.
As for the top tier applicants, apart from the referred trade amount, as a
top promoter of the BBL platform, you are required to create a minimum
3 video on YouTube about BBL-related topics per month to keep the
status ongoing. The larger number of people getting inside our platform
from your YouTube video, the higher interest rate you gets. The payment
is done retrospectively for the premium promoters, meaning that you get
part of the interest payment from the referrals of the people you got in
the program. And if that is not enough to convince you, we are also
offering additional 0.2% on all of your taken-out, personal loans to
provide you with further incentive to make awesome videos online.
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November 2017
Our Lending Program
The lending program offered by the BBL platform is in many ways similar to all
other cryptocurrency platforms out there. The loans are expressed in BBL,
meaning you loan out coins to other investors that have their own personal
agenda concerning the BBL investment. The programs are divided according to
the amount of BBL you wish to lend and the value of the volume put to loan.
The table below exemplifies this:
The interest per month earned represents the total amount gained on a
daily basis while the capital back column refers the time needed to gain
back the money invested into the loan through interest payments by the
borrower.
When you submit loan offer in the platform, the said transaction is then
locked by the number of days in which the funds are to be used by the
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borrower. The day’s program is divided into two separate levels, the 199
days and 299 days, with interest paid on the daily basis by your
borrower. The large portions of the coins lent are held in cold storage in
an offline environment, protected by the multi-sig addresses as a means
of safety for your investment.
You also have an option to reinvest the interest earned at any given time,
creating a larger amount of profit made throughout the loan period,
which would commence a new contract, resetting the days of the loan
back to the original number. The loans and interest funds will be credited
to your USD balance account, expressed in fiat currency, which you can
use to either purchase more coins or lend them in a different loan
program or you can withdraw the said money back to your credit/debit
card or bank account at your leisure. You will also have an option of
converting the earned money to BTCs as well should you deem BBL/BTC
trade more profitable at the time.
At the end of the contract, you still have an option of either prolonging
the agreement to another 199/299 days or you can withdraw the funds to
your personal balance accounts at any point in time.
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November 2017
Gambling and Bitbeeline Card
Apart from referrals and lending platforms, we are also planning to offer
gambling and Bitbeeline card services for our clients. The gambling
applications shall be developed by the development team in
coordination with the experts in the field to offer you a wide range of
gambling games where you can put to use your hard-earned coins in
another way from your core activities. A variety of casino games would
be installed for you to use and the returns would be very hard to simply
pass by if you have an interest in such transactions. The bet rates shall be
distributed fairly and equally amongst the stakes you put, meaning that
your coins will not be “stolen” away from you due to the unrealistic bets
against you.
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November 2017
Bitbeeline Debit card
A BBL coin debit card allows users to spend their crypto-coins anywhere
that VISA or MASTERCARD are accepted as a method of payment. You
can use thedebitcard to shop online, swipe at a store, and even to
withdraw cash at ATMs worldwide. A BBL coin debit card can be used in
any country, as long as there is a "VISA/MASTERCARD accept" sign
displayed, and has no hidden fees.
The BBL coin debit card is simply a standard debit card in USD, EUR or
GBP, that you can top up really quickly, using crypto-coins. So, if you
have a lot of crypto-coins, and would like to spend them easily, this is
one way to do that.
BBL coin debit cards are a dream come true for users who have access to
various crypto-coins and would like to have the conve-nience of money
on a debit card, but do not have a bank account.
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BBL coin debit card are also becoming more and more popular with
people who do not want the hassle of trading their crypto-coins for cash,
or moving monney into their bank account before being able to spend
that money. By using a BBL coin debit card, you spend your bitcoins
directly, without having to exchange them first.
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November 2017
Listings and Exchanges
At the first quarter of 2018, right after the crowdfunding stage, we plan
on signing partnership deals with various exchanges to increase the
available marketplace for the BBL to grow. The said enlargement will not
take place initially as the crowdfunds are needed to further develop the
BBL volume needed for such investment at this stage.
The exchanges that we are looking for to work with are Coinexchange.io,
Yobit.net and other similar platforms where you can exchange the coins
with other cryptocurrencies, such as BTC, DASH, LTC, Ethereum and
many others. It is important to use your wallet address should you
happen to use the facilities of the exchanges that would sell BBL, as to be
able to receive and send BBL between your accounts.
As for the BBL platform listings and exchanges, we would initially offer
BBL/USD trade in 2017. Other digital currencies would be gradually
added to the trade as the customer base grows, with the emphasis being
bitcoin and Ethereum due to their already-large infrastructure. The rates
would correspond to the industry averages with the low spread on the
exchange rate between the altcoins and BBL. Currently, we do not hold
any plans for other fiat currencies other than USD though we might add
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them should the customer base grow significantly from regions that use
currencies other than USD.
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November 2017
Mining
Mining is scheduled to be open for general public at the end of the year
2017 which shall be promoted using social media and other channels of
the marketing campaign. It is worthy to note that the mining shall be
possible using the CPU/GPU equipment, and the BBL will use the Script
Proof-of-Work (PoW) algorithm along with Proof-of-Stake (PoS) for
network security.
If you are looking for moderate and cheap mining operations, CPU
mining would be the right choice for you, while GPU is more expensive
to get and maintain but provide a lot bigger stocks of the coins for the
miner.
At any case, we will inform the customer base as soon as the mining
operations will be released by providing news feeds and through our
marketing campaign efforts.
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November 2017
How do We stand to Other Similar Programs
Hence the reinvestment features for our lending program, which is not
available in many other ICO marketplaces and many other services, such
as multiple altcoin trade availability, realistic referral, fair gambling
chances and attractive loan yield programs. The main point of the
services that we offer is that they are designed with long-term
sustainability of the marketplace in the mind. We do not wish to make
big promises only to fall flat on them as soon as the ICO phase is done.
The partnerships we are looking for to establish are with stable
exchanges as we wish to make BBL the next bitcoin in its generation.
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compared with other offers in the industry but we assure you, our ROI
for you would last LONGER than those of our counterparts. In the long
run, the ROI you would reap from investing in our operations will be a
lot bigger than if the short-term profit orientation was implemented.
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Concluding Remarks
Trading with Bitbeeline would grant you a lot of advantages that other
ICOs do not possess, from instant transactions to various exchanges
services, from different cryptocurrencies offered on the platform to API
and security tools. The crux of the project is to provide a private
investing environment where traders and investors alike can conduct
business with peace of mind.
We cannot deny the fact that many reviewers might see us as yet another
scam attempt, aimed at taking the funds from unsuspecting investors. At
the same time, we will ensure that those claims will be falsified time and
time again by completing our planned sequence of action plan while
providing a safe environment for all involved with Bitbeeline. Thus, we
have implemented various safety measures to protect the wallet balances
of the traders while providing reasonable referral and loan returns.
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What makes the Bitbeeline an opportunity that few enjoy right now?
Well, if you are reading this paper, you are definitely a part of the small
group of people on this planet that caught the train of progress called
“cryptocurrency”, a train that is poised to explode in value within next 5
to 10 years. We deem our business proposal as sustainable and attractive;
so if you do decide to participate in our crowdfunding project, you will
reap extensive rewards in few months. If you stay with us for a longer
period, we guarantee you that your investments will pay off tenfold.
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November 2017