BOF IT Ltd. is a number one expertise firm devoted to creating progressive monetary options that bridge the hole between conventional finance and blockchain expertise. With a give attention to safety, effectivity, and inclusivity, BOF IT Ltd. goals to empower people and companies worldwide by cutting-edge monetary expertise.
Vancouver, BC, Canada, 1st Jul 2024 – BOF IT Ltd. is thrilled to announce the launch of ITFIRE, an progressive digital banking and buying and selling platform designed to bridge the hole between conventional finance and blockchain expertise. With a mission to offer safe, environment friendly, and inclusive monetary companies, ITFIRE is poised to remodel the monetary panorama, notably in rising economies the place entry to conventional banking companies is restricted.
ITFIRE: A Twin-Token System
On the coronary heart of the ITFIRE platform are two highly effective tokens: ITF, a utility token, and BOFCOIN, a stablecoin pegged to a basket of BRICS currencies—Brazilian Actual, Russian Ruble, Indian Rupee, Chinese language Yuan, and South African Rand. This dual-token system integrates cryptocurrency and fiat transactions, providing a secure and dependable digital forex for on a regular basis use.
Addressing Key Monetary Challenges
Conventional banking programs typically undergo from excessive transaction charges, sluggish processing instances, and restricted accessibility, particularly in rising markets. ITFIRE addresses these challenges by leveraging blockchain expertise to scale back prices, improve processing velocity, and supply a dependable monetary infrastructure. The introduction of BOFCOIN mitigates the volatility generally related to cryptocurrencies, making it appropriate for on a regular basis transactions.
Proprietary Blockchain and Good Contracts
ITFIRE’s proprietary blockchain ensures excessive safety, transparency, and effectivity in all monetary transactions. By implementing superior cryptographic methods, the platform can deal with giant transaction volumes with out compromising velocity or integrity. Moreover, sensible contracts automate processes, decreasing the necessity for intermediaries and additional enhancing effectivity.
Decentralized Governance by DAO
The ITFIRE ecosystem is ruled by a Decentralized Autonomous Group (DAO), empowering ITF token holders to take part in essential decision-making processes. This democratic method ensures transparency and neighborhood involvement, fostering a way of possession and engagement amongst customers.
Token Distribution and Presale
The ITFIRE presale is now open, providing a big alternative for early traders. The token distribution is as follows:
- Non-public Sale: 9.52%
- Presale: 61.90%
- Advertising: 4.76%
- Liquidity: 9.52%
- Crew & Advisors: 14.29%
Funds raised throughout the presale will probably be allotted to expertise improvement (60%), advertising and marketing and authorized compliance (20%), operational prices (10%), and reserve funds (10%).
Bold Roadmap
ITFIRE has set an formidable roadmap to attain its targets:
- Q2 2024: Completion of the whitepaper and web site improvement, and the graduation of the ITF token presale.
- Q3 2024: Public ICO aiming to boost $15 million USD.
- This fall 2024 – Q1 2025: Improvement and testing of the ITFIRE blockchain.
- Q2 2025: Launch of BOFCOIN with the preliminary “5C” forex basket.
- Q3 2025: Enlargement of the forex basket and extra options for BOFCOIN.
Person Expertise and Group Engagement
ITFIRE is dedicated to offering a seamless person expertise with a user-friendly digital pockets for storing, sending, and receiving ITF and BOFCOIN. The upcoming cell app will supply real-time transaction monitoring, account administration, and buyer help. Group engagement is a cornerstone of ITFIRE’s technique, with common updates, boards, and social media interactions to maintain customers knowledgeable and concerned.
Strategic Partnerships and Compliance
ITFIRE is forging strategic partnerships with monetary establishments, expertise suppliers, and regulatory our bodies to reinforce its ecosystem. The platform is dedicated to adhering to international regulatory requirements, making certain compliance by common audits and adherence to anti-money laundering (AML) and know-your-customer (KYC) protocols.
Sustainability and Company Social Duty (CSR)
ITFIRE is devoted to sustainable practices, together with decreasing carbon footprints by environment friendly blockchain operations. The challenge additionally plans to help instructional initiatives and monetary literacy applications in rising economies, reinforcing its dedication to international monetary inclusivity.
Be part of the Revolution
BOF IT Ltd. invitations traders and crypto lovers to affix the ITFIRE presale and be a part of a revolutionary platform that goals to redefine digital banking and buying and selling. For extra data, go to ITFIRE’s web site and observe us on social media for the newest updates.
Media Contact
Group: BOF IT Ltd.
Contact Particular person: Md Badsha
Web site: https://itfire.tech
E mail: information@itfire.tech
Contact Quantity: +16474935303
Tackle: 1376-1771 Robson St
Metropolis: Vancouver
State: BC
Nation: Canada
Launch Id: 01072413762
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