The mission statement of Bolton team says that they will provide a solution to the present day challenges peculiar to the investment environments of crypto - significant volatility - and traditional - high entry barriers that preclude small investors from entering the playing field. They decided to tackle this issue by creating a hybrid investment model that will combine the best characteristics of both worlds: easy access and high profitability of cryptocurrencies as well as stability and protectedness of traditional assets. The designated goal is going to be achieved by means of tokenization of three methods of profit earning: cryptocurrency mining, real estate, and trading in commodities. The Bolton Finance Coin (BFLC), the ERC-20 security token backed by real assets, will be issued in the amount of 1.6 billion coins for this purpose. The distribution of BFLC will take place during STO’s private and public sales.
The private sale of tokens was due to end on February 28; the public stage of STO is planned to begin on the 1st of March 2019.
The Bolton Finance Coin, as well as the entire Bolton network, is being developed by the legitimate high-profile investment group called Bolton Holding LTD that is based in Dubai, UAE. The company’s history dates back to 1967, when it was established as Bolton AG in Switzerland. However, the token issuer is indicated as BFCL LLC, which is, apparently, the Holding’s subsidiary registered on Grand Cayman Island.
Dr. Roberto Diomedi bears the title of the CEO and the founder of BLFC. Before obtaining this position, he occupied the post of the president of Bolton Holding Group, and prior to that Mr. Diomedi worked as the director at the Bennet Financial Group.
The rest of the BLFC team is also comprised of many established professionals in the area of investment, such as Wael Marzouk, a Harvard University graduate who specializes in commodities trading, and Sonia Travaini, the COO and the experienced business strategist.
The core concept of Bolton is to make such markets as luxury real estate, equity, precious metals, and cryptocurrency mining attainable for common investors. Apparently, the principal accent will be made on profits derived from the BTC mining assured by, as Bolton puts it, “ultra-low-cost electricity”. The source of that electricity, as well as the location of mining farms, are not disclosed.
However, it is well known that the industry of crypto mining is currently going through a really tough time, the promises of high return on investments in mining alone have a sense of hollowness to them.
BLFC came up with a solution which implies counterbalancing the potential losses from BTC mining with profits made from operations with real estates, gold & diamonds, and other tangible assets, which will be managed by the expert financiers from the Bolton Holding. The received profits will be distributed on a regular basis among all participants in the Bolton network in the form of BLFC token. The coin itself is the usual ERC-20 token which offers nothing interesting technology wise.
Currently, BLFC is more of interest as an investment tool, not as a technical solution. But the Bolton Holding devised an ambitious plan that consists of developing their own crypto exchange followed by the introduction of the BFLC blockchain, due to happen this spring.
Right now, Bolton Coin is at the stage of the private sale with the price of 1 BFLC estimated at $1. The STO features both airdrop and bounty programs. The hard cap was set at $549 million. Investors from the US and China are not allowed to participate in the STO.
The ICO reviewing platforms gave Bolton Coin mixed to favorable reviews.
|#||Crypto||Prediction||Accuracy||CVIX||Price||24h||7d||Market Cap||7d price change|
|1||BTC||Bitcoin predictions||83.6%||28||$19 095.25||0.49%||-4.82%||$365 864 647 826|
|2||ETH||Ethereum predictions||73.6%||56||$1 331.94||0.71%||-8.41%||$163 184 327 469|
|3||USDT||Tether predictions||94.4%||1||$1.000074||0%||0%||$67 959 697 977|
|4||USDC||USD Coin predictions||92.4%||1||$1.000122||0.02%||0%||$49 720 551 593|
|5||BNB||Binance Coin predictions||86.4%||17||$277.78||-1.12%||-0.16%||$44 816 623 769|
|6||XRP||XRP predictions||63.2%||72||$0.488936||-0.60%||26.12%||$24 372 838 519|
|7||BUSD||Binance USD predictions||93.6%||1||$1.000226||-0.02%||0.02%||$20 521 880 085|
|8||ADA||Cardano predictions||80%||32||$0.456989||-0.44%||-6.44%||$15 641 937 626|
|9||SOL||Solana predictions||81.6%||31||$33.96||0.41%||0.39%||$12 044 646 131|
|10||STETH||Lido stETH predictions||93.2%||1||$2 941.39||-0.40%||-3.32%||$10 258 752 564|
|11||DOGE||Dogecoin predictions||87.6%||15||$0.063120||-3.40%||2.65%||$8 374 180 689|
|12||DOT||Polkadot predictions||79.6%||43||$6.34||-1.08%||-9.42%||$7 104 062 562|
|13||DAI||Dai predictions||95.2%||1||$1.000115||0.02%||0.02%||$6 930 218 400|
|14||MATIC||Polygon predictions||72.8%||54||$0.760974||-1.00%||-7.31%||$6 646 589 172|
|15||SHIB||SHIBA INU predictions||76.8%||42||$0.000011||1.90%||-4.05%||$6 254 513 839|
Get cryptocurrency price predictions, forecasts with analysis and news right to your inbox.
© 2015-2022 Crypto-Rating.com
The usage of this website constitutes acceptance of the following legal information. Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website, including information about the cryptocurrencies and bitcoin is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Crypto Rating shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about cryptocurrencies. The entire responsibility for the contents rests with the authors. Reprint of the materials is available only with the permission of the editorial staff.