The promoters of BBNCoin have said the product would focus on e-commerce and real estate. It will also create an end-to-end platform for real estate developers and customers. They are also urging the public to embrace the cryptocurrency, adding that it would work towards providing an opportunity for merchants to accept mobile payment.
To this end, BBNCoin Brand promoter, Balogun Olayemi, in a statement revealed that the initial coin offer (ICO), that is, public sale of product which commenced on November 29, would run through January 30, 2018.
Olayemi explained that the BBNCoin is a new ecosystem where traders, real estate developers, and merchants can efficiently and securely evaluate and trade on real items. Besides, he revealed that the product is built on the ?Blockchain technology,? making it able to be used as a viable means of part payment and part value between a developer and buyer, especially during a land purchase period.