What is Boson Protocol (BOSON)? Overview of BOSON cryptocurrency

What is Boson Protocol (BOSON)?

Boson Protocol is a decentralized infrastructure that enables the exchange of autonomous trade on Ethereum.

Boson Protocol builds a peer-to-peer system with the benefits of a centrally administered market intermediary system.

Boson Protocol is a general mechanism, that does not require any permission to decentralized exchange of digital value for non-fungible token vouchers representing any product or service.

What is the purpose of the Boson Protocol?

Coordination of commercial transactions requires centrally or classified governed intermediaries to manage dispute mediation and transaction reversals. This increases costs and trust, limits the scope and reduces the efficiency of trade.

The interests of customers, other companies, and even governments are affected by the data collected from the commercial transactions of centrally managed intermediaries  locked away and used to enhance market dominance,

How does the Boson Protocol address these issues?

Boson automates digital-to-physical transformations by transforming practical commodity transactions into non-fungible tokens (NFTs). Boson may be regarded as a commercial bridge that connects smart contracts to the real-world commercial sector by using decentralized commerce infrastructure that can be trusted and used by anyone.

What fields may Boson Protocol be applied in?

• E-Commerce: A free and open digital marketplace where anything can be offered, searched, minimized costs, and exchanged with trust.

• Non-monetary value distribution voucher: The necessity to provide food or essentials has grown as a result of the COVID-19 pandemic. Essentials may be delivered in a Highly Automated, Auditable, and Low-Cost method with the use of Boson NFT coupons.
• Machine-to-Machine commerce: Allow self-driving cars to self-management of disputes and returns when they buy tires or get maintenance.
• Loyalty and Reward: Enables customer loyalty and credit card reward programs to offer any product in a digital format. These products have synthesizable and interoperable properties without the cost and intervention of intermediaries.
• Games: Permits gifting or granting the right to buy rare or special products in the Game.
• Gaming: Offer blockchain game apps such as online lotto to earn Boson NFVTs, which can be used to exchange off-chain products.
• Cryptocurrency exchange: Enables token exchange for rewards in the real world and allows consumers to trade and buy actual products directly from a market exchange without using fiat money.
• Booking service: Permits bookings for any kind of service, including both groceries and restaurants to be guaranteed by a two-party deposit, making sure that both buyers and sellers follow their terms and return commitments.
• Encrypted network: Increases consumer perception and token value by enabling users to exchange network tokens for tangible and digital goods and services.

Some basic information about the BOSON token

• Token Name: Boson
• Ticker: BOSON
• Blockchain: Ethereum
• Token Standard: ERC-20
• Contract: updating
• Token Type: Utility, Governance
• Total Supply: updating
• Circulating Supply: updating

Token Allocation

(Updating)

Token Release Schedule

(Updating)

BOSON token exchange rate today

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What is the BOSON token used for?

l  Project management tool

l  Stake BOSON tokens to receive reduced transaction fees.

BOSON token storage wallet

Since BOSON is an ERC20 token, you have a wide selection of wallets to choose from. The following wallet kinds are available to you:

• Wallet of the platform
• Popular ETH wallets such as Metamask, Myetherwallet, Mycrypto, Coin98 Wallet,…
• Cold wallet like Ledger, Trezor

How to earn and possess the BOSON tokens

You can earn BOSON tokens by registering to participate in the BOSON token Public Sale through the following link: https://www.bosonprotocol.io/publicsale

Where can I purchase and sell the BOSON token?

The BOSON coin has not been listed on any exchanges at this time yet. When further information is available, Betomon will update this page.

How far successful will the Boson Protocol project be in the future? Should I invest in the BOSON token or not?

The Boson Protocol was developed to provide solutions for decentralized commerce. The establishment of the Boson Protocol will break the data monopoly of centrally managed intermediaries to bring many benefits to sellers, buyers, and customers. You probably have some basic information about the project from this article helping you to decide whether or not to invest. Whatever you decide to invest in, Betomon is not responsible for it. The objective of this article is only to offer additional information, it is not intended to suggest any course of action related to investments. We hope that this post will assist you in gaining more knowledge, succeeding, and generating significant profits from this promising sector. For more information about financial activities, kindly visit our website!

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