11 Mar 2019
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||Volume 24h|
|1||BTC||Bitcoin predictions||74.8%||41||$41 830.57||-4.04%||-3.12%||$787 608 951 535||$30 956 829 833|
|2||ETH||Ethereum predictions||73.2%||56||$2 900.30||-5.79%||-4.28%||$341 387 673 705||$16 948 397 599|
|3||USDT||Tether predictions||93.2%||1||$1.000560||0.05%||0.05%||$68 581 448 843||$67 387 184 321|
|4||ADA||Cardano predictions||68%||70||$2.12||-4.44%||-3.17%||$67 752 619 605||$2 735 590 029|
|5||BNB||Binance Coin predictions||68%||59||$338.82||-2.63%||-8.65%||$56 968 565 730||$1 441 932 933|
|6||XRP||XRP predictions||75.6%||50||$0.927879||-3.26%||-1.97%||$43 348 318 686||$2 723 347 351|
|7||SOL||Solana predictions||66%||68||$133.61||-8.48%||-4.91%||$39 737 184 358||$2 505 852 045|
|8||USDC||USD Coin predictions||92%||1||$1.000582||0.07%||0.05%||$31 278 878 412||$3 206 085 319|
|9||DOT||Polkadot predictions||68%||68||$27.57||-4.79%||-6.28%||$27 229 665 528||$1 489 527 276|
|10||DOGE||Dogecoin predictions||66%||63||$0.200266||-2.61%||-6.96%||$26 329 699 638||$833 434 793|
|11||UNI||UniSwap predictions||67.2%||68||$24.01||-1.04%||13.50%||$14 682 674 805||$1 173 159 622|
|12||AVAX||Avalanche predictions||60.8%||84||$66.00||-7.99%||4.98%||$14 539 183 357||$1 047 963 478|
|13||LUNA||Terra predictions||68.8%||61||$35.04||-4.51%||23.72%||$14 012 646 384||$1 534 292 582|
|14||BUSD||Binance USD predictions||93.2%||1||$1.000446||0.07%||0.02%||$13 532 124 274||$4 668 219 259|
|15||LINK||Chainlink predictions||67.6%||70||$23.36||-3.44%||-2.07%||$10 627 202 783||$1 044 812 386|
Get cryptocurrency price predictions, forecasts with analysis and news right to your inbox.
© 2015-2021 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.