BitConnect describes itself as an open-source, all-in-one Bitcoin and crypto community platform for like-minded, freedom-loving individuals who are seeking the possibility of income stability. It is also designed as a place for cryptocurrency education and facilitates multiple investment opportunities.

Here’s a quick introduction video to the BitConnect platform:

What Determines and Influences BitConnect (BCC) Price and BitConnect Ecosystem?

The BitConnect token price is derived from the supply and demand features designed within the BitConnect algorithm, along with the BitConnect lending platform.

The future value of BitConnect (BCC) is a result of many aspects, including: token supply mining and minting algorithm, and the BitConnect community networking features.

BCC Token Specifications:

Maximum token supply: 28 million

Current available supply: 6.4 million

Fresh New supply: Adding 22 million more via BCC mining and minting over time.

Self-regulated BCC Token Ecosystem

There are 3 channels in use to self-regulate the ecosystem: token supply, token demand and token distribution. This post will focus on the first channel — token supply, with the remaining two discussed in future posts.

Token Supply

New tokens added to the BitConnect Ecosystem…

BCC Mining: A total of 2.6 million BCC tokens will be mined through miners securing the network. BCC mining will continue for 1 year with 10 BCC generated every 2 minutes.

BCC Staking: A total of 20.4 million BCC tokens will be supplied through staking.

BCC minting will continue until all possible BCC come into existence and reaches 28 million. The minting of new tokens will commence at the following interest rate:

While the token supply channel has a fixed and steady supply of new tokens, the token demand channel has a greater chance to strengthen the token price as more community members join the BitConnect Ecosystem and lend or stake their BCC. More on this will be discussed in Part 2.

In short, the BitConnect ecosystem is designed in a way to self regulate itself and create wealth throughout the entire BitConnect community.

👉 Join and learn more about BitConnect today!

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