- BlockBeats is prepared to become the go-to platform in the large market for cryptocurrencies and blockchain.
- As blockchain can be applied to multiple industries, BlockBeats is primed to tap into all those industries by offering a variety of dApps.
Ever since blockchain gained global attention, companies, individuals, and startups have been rushing toward adopting the technology for themselves by applying decentralized ledger technology to their companies’ operations.
Dubai-based blockchain company BlockBeats is already working on this trend and is working on creating a new blockchain technology to play its part in the digital economy of the 21st century. Being an all-inclusive decentralized application platform with futuristic smart contracts, BlockBeats aims to create an impact on the world of blockchain.
With its vision to empower the advancement of the blockchain industry, BlockBeats has significantly contributed to the cause in the form of a wide array of product offerings- for instance, a native blockchain, a native token, an NFT marketplace, and more.
The Bitica Blockchain
Developed to be the foundation of the BlockBeats network, the Bitica Blockchain boasts high scalability, faster speed, and robust security with low transaction costs. The blockchain is specially designed to cater to the needs of the wide spectrum of advanced Web3 applications that the BlockBeats ecosystem offers.
The USP (Unique Selling Proposition) of the Bitica blockchain is that it can handle vast amounts of data and process multiple programming languages. This enables the blockchain to enhance its data transaction capabilities while allowing seamless access to the blockchain for developers.
The Bitica blockchain can process 1,000 transactions per second. It prioritizes security, customizability, scalability, and extensibility. It’s the Bitica blockchain that empowers BlockBeats to venture into newer applications.
BBDC- The Native Token of BlockBeats
A native token is the premier feature that any blockchain has to offer. It’s like the native token is the main character of any blockchain’s story. Blockchain protocols derive their value from the utility and applicability of their native token, meaning whether it is available to investors, traders or users for its application
Being a recent creation in 2023, the BBDC is the native token of the BlockBeats blockchain. BBDC is not just limited to utility; it acts as the platform, transactional, trading, and payment token for all BlockBeats products like Bitica Swap, Bitica NFT Marketplace, and more.
The platform has planned to enhance BBDC’s application by allowing its integration with other blockchains. In addition, BlockBeats has planned on synthesizing its ecosystem and BBDC with the traditional banking system by establishing its own licensed bank, Bitica Crypto Bank.
BlockBeats in the Crypto Market
The crypto market is not small. It is valued at over a trillion dollars and boasts nearly 400 million users globally. If we talk specifically about the decentralized finance market, it alone is valued at over $40 Billion.
Under this, the decentralized exchanges hold a TVL (Total Value Locked) of over $12 Billion, derivatives hold $1 Billion, and payments hold $180 Million. On the page of blockchain and NFTs, the global market for blockchain technology is valued at over $10 Billion, while the NFT market is in the range of $300 Million.
This has led BlockBeats to create a platform that will tap into this market and harness its true value.
