Bugu (BGT) - ICO Fail or Short Lived | Coinopsy
Bugu (BGT) - Dead Coins

Bugu (BGT)

Bugu was founded in 2017, it is not trading on any exchanges. Bugu was added to the dead coins list due to being ICO Fail or Short Lived. Founder/CEO is Bo Dong.

Summary

  • Main reasons for dead coin listing ICO Fail or Short Lived.
  • Started 2017, Ended 2017.
  • Social media ended 2017.
  • Trading ticker (BGT).
  • 1,000,000,000 Tokens total.
  • Not available to trade on any exchanges.
  • Was built on Ethereum blockchain.
  • Website is down.
  • The Founder/SEO is Bo Dong.

Further Details

Notes

Failed ICO and Website down.

Links

https://web.archive.org/web/20170914033221/https://bugu.network/ https://twitter.com/Bugu_Community https://www.facebook.com/BuguNetwork https://bugu.network/

Screenshot

Screenshot Archived:

COPY PASTE FROM OLD WEBSITE

About Bugu

Bugu is a community based digital asset valuation platform which allows individuals and organizations to evaluate digital asset events. With the Bugu Network, the outcome of events can be accurately discovered through voting and discussions within the community. By utilizing Blockchain technology the results are both verified and transparent.

Bugu is the combination of several concepts in the Blockchain space, including smart contracts, prediction markets, basic attention models, and reserve funds. The core of Bugu is its positive reward model called CIRM. Users are encouraged to make high quality predictions, by being incentivized with the Bugu tokens.

Bugu’s first iteration will be an efficient valuation tool, which provides valuable pricing data. As more and more predictions take place, Bugu will be an increasingly effective marketplace for digital asset valuation.

The Bugu Details

Numerous digital assets have been created and being used nowadays. And more are yet to come in the future.

However, the current system lacks of effective valuation mechanism and information platform, leading to high price volatility and low transparency.

Bugu is created to be the decentralized valuation platform for all future digital assets, leveraging crowd sourced intelligence, incentivized by result-linked rewards and innovative valuation auction to maximize return for community.

It will contribute positively to various use cases, such as ICO pricing, future token trading price and any other quantifiable digital assets.

How it works

  • Initiator posts a valuation request on Bugu.
  • He may contribute certain amount of BGT (Bugu Token) to incentivize community participation.

Community Voting

  • Participants make own valuation judgement based on public info, community discussion, etc.
  • They lock in BGT to reflect judgement confidence.

Valuation Consensus

  • Bugu applies its Smart contract to calculate valuation consensus based on individual valuation and BGT locked-in.
  • The output can be auctioned to interested parties.

Reward to Community

  • Reward will be given to each participant based on the accuracy to actual oracle.
  • Reward may come from initiator, buyer of valuation consensus and Bugu reserve.

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