Exchange Token BIKI Poised to Continue Upward Surge

SINGAPORE - July 22, 2019 - PRLog -- The first half of 2019 has seen good performances from platform currencies BNB, OKB and HT. Not resting on its laurels, the BiKi token (BIKI) reached a peak of 0.1394 USDT on July 5th, an impressive increase of 44 times over the course of 6 months, an indication of investor demand and recognition of the token's value.

Primarily used to pay for services and fees when trading on the exchange, using BIKI grants the trader discounts over using other payment methods on the exchange.

BIKI follows the 4 principles of "daily buyback, quarterly burn, tokens in locked position, steady deflation". This motto guides the platform's goal of bringing value to BIKI through a three-step process.

Reduced Supply from Buybacks

BiKi.com has pledged to use 100% of its platform fees to repurchase and burn the token until it decreases to a supply of 100 million from its initial token issuance of 1 billion. BiKi repurchases tokens on a daily basis and burns them quarterly.

Currently, BIKI's apportioned repurchase is five times that of BNB and HT, an indication of BiKi's commitment to creating value for its platform token. It is also a statement of its ambitious positioning of BIKI against other platform tokens. BiKi's scheduled coin burn on July 1st destroyed 70 million BIKI, a market value of approximately USD 7.5 million. To date, a total of 344 million BIKI has been cumulatively burned, which accounts for 34.4% of the total supply.

Lowered Liquidity from Locked-in Partner Positions

BiKi's Community Partner Program requires its partners to lock in at least 30,000 BIKI for 1 year (with 10% interest) to be eligible for 60% cashback on trading fees as well as a host of bonus rewards, dividends and token airdrops. The program incentives invariably attract an influx of partner members which is a good source of investor traffic to the platform. The locked position also prevents extreme inflationary pressures on BIKI prices, preventing the formation of economic bubbles. According to reports, there are presently locked-in positions of more than 50 million BIKI, accounting for 15% of the overall circulation.

Both aforementioned steps are instrumental in reducing the total token supply in circulation, thereby increasing the token's value and subsequently creating demand for it.

Company Contact:
Chang Jie Lin, BiKi.com
jielin@biKi.com
+65-94556702

Media Contact:
Cecilia Wong, yourPRstrategist
cecilia@yourPRstrategist.com
+65-91826605
https://yourprstrategist.com