BIB Exchange: A Web3 Compliant Exchange!

Introduction

All of a sudden after a recent update, I noticed my browser became more powerful. It now accepted plugins that made it perform unimaginable operations. My browser could now conveniently carry out Decentralized Finance Transactions, Non Fungible Tokens purchases and sales and then GameFi operations. I became amazed and discovered that my Browser has being transformed to a Web3 ecosystem. “Web3 can be defined as a website that converts the internet into a pantheon of databases; cross-browser and hyperbrowser content distribution and requesting mechanism integrated with artificial intelligence technologies; the semantic web; the geographic mapped web; websites erected using 3 Dimensional technologies and virtual worlds.” Technically, Web3 constitutes read-write with information. In regards to cryptocurrency, Web3 acts as an ecosystem that hosts lists of projects such as Defi, NFTs and GameFi to mention a few. But one aspect where Web3 development needs to expand to is in the integration of exchanges and BIB is doing just that.

BIB Overview

BIB brings its advanced technology to BIB Meta Web3 ecosystem and centres its activities on the ideologies of openness and fairness. BIB is built to deliver to users a profound ecological experience with Decentralized Finance, Non Fungible Token and GameFi. The main reason the core team is carrying out this integrations is to achieve its goal of NFT sales, Cryptocurrency Trading, Football match prediction, Card Collection, Community nodes and Virtual sport games all using Blockchain technology. These activities are meant to expand the blockchain world. BIB is become the ultimate passage which users use to navigate the Web3 interface.

BIB Exchange's Core Strengths

What fascinates me about the BIB project is that it would be the globe’s first exchange to posses a Web3 ecosystem. The entire ecosystem would be powered by BIB Tokens which would be used to execute transactions and carry out other functionalities.  

Ecological Functions

In this ecosystem, BIB Meta works with the BIB Exchange to build a Web3 ecosystem that brings dual empowerment. BIB Exchange presents numerous ecological functions in the likes of discounts from trading fees, Initial Exchange Offering Whitelist and token dividends to authorize BIB Meta. The two main classes of Ecological Functions are; Eco- Functional Segments of BIB Token and Eco-Functional Segment of NFTs.

Technological Competitive Advantages and Innovation

► First Innovative Advantage: High Performance and Stability

BIB Fuses internal memory matching algorithms, asynchronous non-blocking read and write mechanism, distributed real time information transfer and closely linked advanced technologies to sustain high reliability, performance, security and simplicity of operations.  

► Second Innovative Advantage: Multiple Security Measures

BIB Meta functions with SlowMist and has been submitted by CertiK. SlowMist is a worldwide popular Blockchain security audit for code audit to secure security audit reports. BIB also intends to provide an array of security solutions with the expertise and professionalism of its technical team to ascertain the security of digital assets. Regarding the system security level, a threat-aware system, vulnerability management system and emergency response system are constructed. BIB prioritizes the security of clients data and have implemented a strict multi-level employee verification system, erected according to CCSS related data protection and privacy regulations. Other security measures that have been put in place include digital encryption, invisible watermark, access control and manufacturer check security system. The core team has also included an alarm system for asset flow to prevent unauthorized intrusions. Numerous Firewalls are segregated to achieve border protection and authority control to inhibit cyber attacks.

► Third Innovative Advantage: Decentralized Prophecy Machine Systems

Data forgery is another aspect security experts need to look at and BIB is doing just that. BIB employs a prophecy machine system to ascertain that smart contracts are docked to the off-chain real0-time data. These technical operation is executed to prevent data nodes from being manipulated, ascertaining the authenticity and reliability of data interactions with smart contracts.

► Fourth Innovative Advantage: Distributed Storage of Metadata

Metadata are basically applied to record the characteristics of images and that is the case with NFTs. Metadatas are usually applied to store NFT images. NFT collectors have the ability of viewing their collections in wallets only given that the metadata is absolute and permanent. Corrupted or lost metadata files will prevent collectors from seeing their stored images. To circumvent such mishaps, BIB Meta employs the token URI function of NFT in a distributed storage mechanism to ascertain the asset proprietorship!

 BIB Meta Exchanges and Coinmarketcap Listings

BIB Meta has their own custom and unique exchange which is built to function on a Web3 ecosystem. BIB Meta has also been listed on Pancakeswap which operates using Binance Smart Chain and using BNB to execute transactions. BIB has also been listed in Coinmarketcap which is the No 1 website for coin and token analysis, trade volume, exchange listings display and access and Potential investor capabilities. The BIB Meta core team is also in talks with more meaningful exchanges to list their token BIB Token and supporting the entire project!

Strategic Investments and Partnerships

Synergy has always been the way to go in my opinion because it brings out the best from two or more parties involved. Now, BIB Meta has secured meaningful partnership with a technological giant firm from Southeast Asia. Their union birth a strategic investment that would benefit BIB Meta and its community at large. BIB Meta aims to continue expanding its market share and secure more meaningful partnership around the globe.

Ecological Roadmap

The Roadmap of any organization shows the team’s near and distant plans and these plans are clearly spelt out below. Kindly get acquainted to it.

 Tokenomics of BIB Tokens

Total number of issues: 100,000,000,000 tokens (100 billion pieces)

Initial issue price: 0.0002 USDT

Token Address: 0x2b339d46e157cf93de6a919aa05350e952f67359

Exchanges: Pancakeswap, BIB Exchange.

 Conclusion

BIB Meta is a big project with a maximum token supply of 100 Billion tokens to boot! It also distinguishes itself from other project because it is built to function in a Web3 ecosystem with usually involves integration from a web browser. The team auctioned BIB Meta super trading cards in October last year which was successful. BIB Token can also be staked to earn passive income; this is ingenious because it reduces the circulating amount of token supply which ensures a healthy network. Stakers are thereby rewarded handsomely for it. The core team will be launching more Decentralized games during the first Quarter of 2023 which is a big deal. Play2earn games have become a chief corner stone in today’s Blockchain industry and can increase the awareness of a project as well as bring in income for the participants. BIB Meta cross-chain protocol would also be launched sometime this year, making it easier for investors to swap from one Blockchain network to another without having to transfer their tokens. All these innovations would make BIB Meta a force to reckon with. The token price is still in its infancy today, you can buy it to make a reasonable amount of profit in the nearest future.

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Author's Details

Name: Mr. David Okocha

Forum Name: Daveprofile