BBOD is the world’s first cryptocurrency derivatives exchange which will introduce zero-fee trading on BBD-settled futures contracts (to be launched on December 10, 2019). This kind of trading venue is highly anticipated on the
crypto market.
To be able to pay zero fee, traders needs to buy BBD Tokens as a collateral for margined positions. This will
increase demand for BBD tokens. Additionally, the traders will have incentives to hold BBD tokens as a collateral to
earn the right to keep trading without fees. This in turn slows down the velocity of the BBD token and increases its
value. Velocity influences the long-term, non-speculative value of a token. Blockchain Board of Derivatives BBOD pre-sale tokens starts in few hours with 60% in the first round, 30% in the second round and 10% in the third round.
You can find more details about BBD tokens pre-sale on the platform website.
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