Dubai, March 17, 2022 — The LBank exchange, a global digital asset trading platform, will list Bobcoin (BOBC) on March 18, 2022. The BOBC and Tether (USDT) trading pair will be available at 1:00 pm UTC the same day.
Bob Eco is the first for-profit social enterprise offering an asset-based utility token and has declared war against pollution. The platform is creating thousands of jobs with the help of crypto and decentralized technology. Its native token, BOBC, supports the BNB Smart Chain and Ethereum networks, and its listing will expand its global reach to meet its vision.
Introducing Bob Eco
Bob Eco is an electric vehicle and clean-energy company registered in Hong Kong. Its mission is to speed the transition to sustainable energy while focusing on emerging markets, beginning with the motorcycle taxi market in Africa. The motorcycle industry on the African continent alone has grown into a $600-billion market, experiencing extraordinary economic growth.
To ensure that Bob Eco can meet government-backed demands for millions of lithium-powered vehicles, it has signed a $200-million production deal with manufacturing juggernaut Jincheng Suzuki. The companies aim to deploy up to 1.5 million United Nations Environment Program-certified lithium-powered motorcycles for riders by 2024. The parties now produce various models, including the electric model X, the flagship and the focus model.
Bob Eco is launching an initial coin offering with assets to purchase assets linked to crypto tokens. Funds from the offering will purchase assets linked to BOBC.
For system transparency, Bob Eco is using blockchain technology for its asset management systems to show assets linked to Bobcoin. The intention is to proactively provide digital, permanent and auditable records to show stakeholders the status and place of assets, such as motorcycles relevant to the Bob ecosystem. All will be verifiable by chassis, engine and GPS numbers.
About BOBC
BOBC has a total supply of 1 billion tokens, with 667 million tokens based on the BEP-20 protocol and the remaining 333 million based on the ERC-20 protocol.
BOBC’s token allows the Bob Eco business model to maximize tokens for ecosystem developers and users, providing price flexibility for long-term growth.
Of the total supply, 24% is privately sold during security token offerings (STOs) and used for asset purchase and technological developments, 1% is for the launchpad, 2.5% is for the whitelist decentralized exchange, 17.5% is for public sales to purchase new assets and grow the business model, 10% is reserved for 2024 public sales, 25% is allocated to the team, 5% is for marketing, 5% is for consultancy and the remaining 10% is for technological development.
There is a long defreezing time for STO participants and other major appointed wallets to protect tokenholders and prevent too many tokens from entering the market.
BOBC’s listing on LBank will help it expand and draw more market attention.
Learn more about BOBC
About LBank
LBank, founded in 2015, is an innovative global trading platform for various crypto assets. It provides users with safe crypto trading, specialized financial derivatives and professional asset management services. It has become one of the most popular and trusted crypto-trading platforms, with more than 6.4 million users in more than 210 regions worldwide.
Start trading: LBank.Info
Community and social media
Contact details
LBank — media@lbank.info
This is a paid press release. Cointelegraph does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. Cointelegraph is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
