B2M is the native token of the Bit2Me platform, designed to give you access to new features, rewards, governance and a powerful set of solutions found in our Bit2Me Suite. Now you can buy your B2M tokens from Bit2Me quickly and easily.
| Symbol |
|---|
| B2M |
| Logo |
|---|
 |
| Type |
|---|
| ERC-20 |
| Red |
|---|
| Ethereum |
The crypto ecosystem grows day after day with interesting proposals and one of these is precisely the token B2M. This token has been created by Bit2Me, a leading company in Spain with more than 7 years of experience in the sector. Its creation has the main objective of promoting a series of unique benefits to the users of this trading platform. These benefits go through the construction of staking tools, cryptographic loans and rewards for the use of the different services found in the Bit2Me Suite.
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The arrival of B2M to Bit2Me Suite
In 2021, B2M arrives with the aim of serving as financing for the development of new services and the expansion of the company beyond Europe. In exchange for offering exclusive advantages and benefits on the platform and outside of it (through collaborations) to those called “holders” (buyers of the B2M token).
As planned, thanks to the issuance of B2M, staking projects, cryptographic loans and cryptocurrency payment services, among others, have been financed.
Today, Bit2Me continues to work to enhance the impact of B2M in the DeFi field.
B2M goal
The main objective of B2M is to promote the development of Bit2Me and its solutions, while offering incentives to its buyers to participate in said ecosystem. The central idea of Bit2Me since its inception is to close the gap between the traditional financial world and the new financial world of cryptocurrencies, understanding that cryptocurrencies are a better form of money and that the promotion and adoption of them worldwide goes through reach more and more people, which starts with the traditional financial system that most are accustomed to.
In this way, Bit2Me's objective with this token was and continues to be:
- Obtain the necessary financing for your expansion plans. Bit2Me has already reached +30 countries, but we are currently continuing to work on geographic expansion to not only reach new locations, but also become native in them.
- Facilitate the development of new services, as outlined in the company's roadmap. Which has undoubtedly been achieved at the level of product portfolio growth, now focusing on the implementation of B2M token utilities in said new services.
- Allow B2M buyers to have a tool that provides benefits not only for using the Bit2Me platform, but also for acquiring this token. Currently B2M has several utilities within the platform, and Bit2Me continues working to add more and more utilities.
Token distribution
B2M was created with a maximum issuance of 5 billion tokens, following Ethereum's ERC-20 standard. Currently all this issuance is in circulation and nothing is blocked. In addition, Bit2Me has already carried out some token burning and plans to carry out others, so the total circulation of B2M today is less than the initial 5 billion and can only reduce over time.
At launch, these tokens were distributed as follows:
Token and platform functionalities
B2M utility in Space Center
Space Center is the current loyalty system of the Bit2Me platform, giving special advantages to users depending on their level within the system.
B2M is the main axis of this system, being the level-up lever with the greatest impact within all the possible actions to be carried out by the user.
Space Center, unlike the old tiering system through B2M, allows you to offer more and better utilities for the B2M token, giving more flexibility and capacity to the Bit2Me team.
As of today, the incentives linked to Space Center within the Bit2Me product suite are:
- Wallet commission bonus: bonus on commissions generated by operations from the Wallet product, reaching up to 100% bonus.
- Higher APY on Earn: multiplying by 100x the base APY of some of the user's currencies.
- Exclusive APY in B2M: by keeping your B2M in Earn, being superior in each additional user level and exceeding 10% annually.
- Cashback on the Cards product: obtain cashback in B2M on all your purchases with the Bit2Me Card; reaching 9% maximum.
B2M Utility in Earn
One of the main advantages for B2M holders, beyond the APYs linked to Space Center levels, is the possibility of getting an additional +2% APY on all Earn coins (except B2M) if the user decides to cash out. said APY in B2M.
In addition, a B2M pool has been established with 100M of B2M to be distributed among all those B2M holders who store their B2M in Earn.
Finally, to get one of the highest Bitcoin APYs in the world, our B2M holder can decide to charge their B2M APY in BTC automatically.
B2M Utility in Bit2Me Pro
The only usefulness of B2M in Bit2Me Pro for now is the ability to use your B2M to cover the commissions generated by the operations in this product, getting a 25% discount on said commissions.
We continue working to include new and better B2M utilities in the product.
Advantages in Bit2Me Launchpad
B2M holders have exclusive access to projects launched from Bit2Me Launchpad.
In addition, they have priority in the reservation of tokens. The more B2Ms are owned, the better the position you are in to be able to participate and be eligible to acquire tokens from the launched project.
B2M Utility on Bit2Me Card
In addition to the Bit2Me Card cashback achieved by the user's level in Space Center, the B2M holder can get a greater additional cashback if they pay for their purchases using B2M as currency. The combination of cashback per level and additional cashback per payment in B2M is what makes it possible to reach a maximum 9% cashback on all your purchases.
Priority access to new products and services
In addition to continuous and stable benefits, B2M holders can also take advantage of more specific benefits, such as:
- Early access to new products launched by Bit2Me. An example is the case of the Web3MBA course, in which B2M holders were able to access weeks before the official launch. As well as Bit2Me Card.
- Ability to discount new Bit2Me products and services. An example of this point is the Bit2Me Tax product, in which, depending on the amount of B2M held by the user, the user obtained a greater or lesser discount when hiring a tax consulting session.
- Although they are not decisive surveys, B2M holders have the ability to vote regarding preferences for new products, services or changes to the platform.
These actions are part of an operation that we want to maintain in the long term, always giving priority and exclusivity on the platform to B2M holders.
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