BiKi.com Received Award For “Blockchain Annual Enterprise of the Year 2019” BiKi.com Follow Jan 3 · 4 min read

On 31 December 2019, BiKi.com received award for “Blockchain Annual Enterprise of the Year 2019” at the China Economic New Model Innovation and Development Summit. The event was jointly organized by economic newspaper 《经济》, business observer newspaper《企业观察报》, newspaper column《城市名片》as well as the Innovation Investment & Financing Committee of the Investment Association of China and China Academy of Management Development Science. At the summit, leaders of relevant national departments, representatives of various industries, well-known scholars and experts conducted in-depth discussions on the theme of “Innovations in the Economy to lead into the future”. The attendees include top brands from Chinese markets, with the ceremony broadcasted on television.

As a fresh-faced representative of the blockchain industry, BiKi recevied the award from the organizing committee of the summit. This is the first award BiKi has received from a mainstream field, beyond blockchain. The industry’s recognition of BiKi also shows its strength in its numerous innovations to improve the blockchain industry in 2019.

2019 is a year of turning for the blockchain industry. Blockchain technology has risen to a level of national importance in several countries, attracting traders from other mainstream industries. Within the blockchain industry, 2019 was also a challenging year. With the accelerated progress amongst competitors, it was not easy for BiKi to stand out, as a moment of complacency can lead to falling behind our peers.

Closely related to the theme of this summit, trends in the industry are changing. BiKi has gone from an inconspicuous exchange to a frontrunner amongst new exchanges, and has been recognized by mainstream and traditional industries for its progress and strategies. Below are the innovations that molded BiKi into the award-winning exchange today:

1. Liquidity: Launching “community partners programme” and actively explore incremental markets.

While major exchanges were seizing opportunities to increase market share of users, BiKi has launched the “Community Partners Programme” treating each user as a partner of the platform and sharing benefits with them.

This innovative mechanism has subverted the perception that exchanges are the top of the food chain in blockchain. BiKi is committed to enable every platform user to benefit. In return, these community partners can also introduce traffic to BiKi and maintain community activity, thereby laying a solid user base for BiKi. While this model gains market recognition, it also brings new ideas to the development of the industry.

2. Model: 100% buyback of platform currency BIKI, leading to deflationary model.

Although buyback and burning of platform tokens is a standard practice amongst exchanges, BiKi has pioneered the method of using 100% of the transaction fees for the buyback of BIKI platform currency. This move goes against the historical impression that exchanges are focused soley on profits, which makes BiKi an exemplary example of a deflationary model in the industry.

BiKi transfers all the profits from transaction fees to the holders, allowing the value of BIKI to increase. For community partners, they earn a fixed interest of 10% of the BIKI tokens they hold, which will naturally benefit them even more over time. Startups in this industry can also take learning points from BiKi, who strives to serve its community before itself.

3. Assets: Market Impact Plan to grow projects

According to many traders in a market survey, assets are one of the most important things in an exchange. More high quality and variety of tokens on the exchange mean more choices for traders. In order to allow users to have more asset choices and lowered risk of enountering low-quality tokens, BiKi aims to help listed projects grow and become the project they aspire to be.

BiKi provides continuous branding exposure to listed projects and even handpicks community members on Wechat to build their local community. This is beneficial for both platform users and projects, as projects can grow while users will get a steady stream of updated information about the projects they invested in. This resulted in our new slogan “Popular Token’s Choice”, which paints a picture of how tokens can be attracted to the popular exchange, as well as the ability for the exchange to transform projects’ popularity.

4. Innovative direction: Focusing on Becoming the Core of Financial Services

In 2019, BiKi grew from a little known exchange gaining tremendous traction to now an uprising shining dark horse of the leading exchanges.

But BiKi did not stop there. More than a month ago, BiKi completed a brand upgrade. From the UI interface to products offered, it has brand new looks and features.

BiKi has set up the BiKi Research Institute, Listing Supervision Committee, and launched financial derivatives businesses. These various launches indicate that BiKi is working hard to build a sustainable blockchain brand, and this pursuit of stability and quality is valued by the organizers of the China Economic New Model Innovation and Development Summit, befitting of the title “Blockchain Annual Enterprise of 2019”.

In 2020, BiKi will be actively expanding its global network, with operation centers in Vietnam, South Korea, Japan, and Russia, and plans to expand into South America, Australia, and other markets. These global offices serve to aid BiKi’s Singapore headquarters in building BiKi to become the world’s leading digital assets trading platform. All in all, BiKi will strive to provide a secure, stable, reliable and user-friendly digital asset trading platform to our users worldwide.

The era of the blockchain has just begun. In the future, we look forward to more companies like BiKi to further accelerate innovation and change, explore new development models, to aid the blockchain industry and contribute to the future financial economy.

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