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BHO NETWORK OVERVIEW

  1. WHAT IS BHO NETWORK?
  2. BHO NETWORK’S OBJECTIVES AND VISION
  3. BHO - BHO NETWORK’S OFFICIAL TOKEN
  4. About BHO token
  5. BHO Token Allocation
  6. BHO Token Use Case
  7. How to trade and store BHO tokens
  8. BHO NETWORK’S KEY PRODUCTS AND DEVELOPMENT ROADMAP 2022-2023
  9. BHO Chain
  10. BHO Chain’s objectives
  11. BHO Chain’s highlights
  12. Development and updates roadmap
  13. BHO Pad
  14. BHO Pad’s objectives
  15. BHO Pad’s highlights
  16. Development and updates roadmap
  17. 3S Wallet
  18. 3S Wallet’s objectives
  19. 3S Wallet’s highlights
  20. Development and updates roadmap
  21. DEX
  22. DEX’s objectives
  23. Development and updates roadmap
  24. NFT Marketplace
  25. Marketplace’s objectives
  26. Development and updates roadmap
  27. PROJECT TEAM
  28. PARTNERS
  29. ConsenSys
  30. MoonPay
  31. COMMUNITY
  32. SUMMARY

WHAT IS BHO NETWORK?

BHO Network is a blockchain ecosystem with many diverse products, built and developed with the ideal of “Bring Blockchain To Life” - promoting the application and bringing blockchain technology to real life.

BHO Network's ecosystem includes core technology products such as: BHO Chain - high-speed blockchain network with low cost; BHO Pad - multichain Launchpad; 3S Wallet - multichain crypto wallet; BHO DEX - Decentralized exchange, and BHO NFT Marketplace.

BHO NETWORK’S OBJECTIVES AND VISION

Drives applications and brings blockchain technology to life!

Supports any business that wants to optimize productivity and accelerate digital transformation with blockchain technology, while minimizing financial risks and providing financial solutions for businesses.

BHO - BHO NETWORK’S OFFICIAL TOKEN

$BHO is the utility and governance token of the project. Currently $BHO is issued on 2 chains, BNB Chain (BEP20) and BHO Chain (BHC-20). Users can easily switch via the bridge between these two networks at https://station.bho.network.

With BHO token (BEP20) users can stake to earn rewards and have the opportunity to invest early in potential blockchain projects on the BHO Pad platform.

About BHO token

  • Token Name: BHO token.
  • Ticker: BHO.
  • Blockchain: Binance Smart Chain.
  • Token Standard: BEP-20.
  • Contract: 0x8717e80eff08f53a45b4a925009957e14860a8a8
  • Token Type: Utility, Governance.
  • Total Supply: 10,000,000,000.

BHO Token Allocation

_Liquidity, Ecosystem & Market: 34%

  • Liquidity: 2%
  • Ecosystem: 20%.
  • Marketing: 12%

_Strategic: 21.1%, wherein:

  • Strategic Business Partnerships: 11.1%
  • Strategic Tech Innovation: 10%

_Founding Team: 15%

_Community Treasury, Talent acquisition & Advisor, Legal & Compliance: 16.2%, wherein:

  • Community Treasury: 5%
  • Talent acquisition & Advisor bonus: 6%.
  • Legal & Compliance: 5.2%

_Token sale: 13.75%, wherein:

  • Private Sale: 3.8%.
  • Early Bird: 7.85%.
  • Public Sale: 2.1%

BHO Token Use Case

BHO coin (BHC20) is used in the following cases:

  • Governance: Governance rights for investors holding BHO tokens. Specifically, investors holding BHO will have the right to vote, and vote on project governance issues.

  • Gas fee: $BHO is used to pay for network transaction fees

  • Receive rewards (in development): BHO Network allows users to join farming pools by creating liquidity for BHO. The amount of BHO farmed out will be proportional to the amount of liquidity pool (LP)

  • Lending Fee (in development): BHO is also used for loans on BHO Lending (in development on Dex), of which 50% is sent to users (discounts) the rest will be burned for deflation

How to trade and store BHO tokens

To trade $BHO tokens (BEP20), you can purchase at centralized exchanges MEXC and decentralized exchange PancakeSwap.

Regarding storage, you can use 3S Wallet to store $BHO tokens quickly through the following three steps:

  • Step 1: At the main interface of 3S Wallet, select Receive.
  • Step 2: Enter BHO token in the search box.
  • Step 3: Copy your BHO wallet address, then you can send $BHO from centralized exchange to that address for storage.

BHO NETWORK’S KEY PRODUCTS AND DEVELOPMENT ROADMAP 2022-2023

Currently, BHO Network has launched 3 core products of the ecosystem: BHO Chain, BHO Pad and 3S Wallet. Each product represents the ambition and long-term vision of the project.

BHO Chain

BHO Chain is a high-speed, low-cost, open source blockchain network that is easily scalable. Built on the Substrate platform, BHO Chain achieves high stability, performance and security. At the same time, by using the proof-of-stake (nPOS) consensus mechanism, BHO Chain is less power-hungry, and is green - much more beneficial to the environment than proof-of-work (POW) mechanism.

BHO Chain’s objectives

The project aims to be a blockchain network with fast speed & low fees, which helps to reduce the funding pressure that Builders are facing on other blockchain networks.

At the same time, BHO Network also aims to support SMEs (small and medium enterprises), helping businesses apply blockchain technology to digital transformation in the easiest way, thereby saving manpower and budget for accounting, auditing, appraisal, traceability, etc.

BHO Chain’s highlights

  • The transaction processing speed allows BHO Chain to process thousands of transactions per second, making it compatible with thousands of validators without sacrificing performance.

  • BHO uses a weight-based fee model, so fees are charged before a transaction is executed. Once the fee is paid, the transaction will be processed.

  • BHO Chain's NPoS consensus mechanism is flexible, efficient, and "green" - making it sustainable and a platform of choice for many developers and innovators for the long term.

In short, applications and products in the long run will all be built on BHO Chain, which will take advantage of the speed and transaction fees, as well as the scalability of the "home turf".

Development and updates roadmap

_EVM compatible is being deployed on mainnet:

  • Documents: In progress
  • EVM station: In progress, support connection with: 3S Wallet, Trust, Metamask

_BHO explorer/scan:

  • BHO native chain (BHO Chain): 100%
  • BHO EVM Chain (BHO-E Chain): 50%

_Multi cross chain:

  • Core Bridge: 80%
  • Relayer: 20%

BHO Pad

BHO Pad - The comprehensive Launchpad that provides crowdfunding solutions for blockchain startups.

BHO Pad’s objectives

  • The project aims to create a launch pad for blockchain startups. Through this launcher, projects can easily raise capital, access and promote products to the BHO community, while helping to accelerate the implementation of project and product development activities.

  • Investors will have the opportunity to invest early in projects that are rigorously appraised, helping investors earn safe profits from new projects.

  • Through the BHO Pad launchpad, BHO Network also selects products and teams with long-term visions to conduct training and build on BHO Chain, helping the BHO Network ecosystem to grow even more.

BHO Pad’s highlights

  • BHO Pad is a 3-in-1 integrated solution (support to raise capital, provide operational resources, provide marketing and branding services) for projects, providing necessary resources for the success of startup projects.

Development and updates roadmap

  • BHO Pad support BEP20: 100%
  • Support multi chain: in-progress 40%
  • Enhance UX.
  • Optimize smart contract to reduce fees: 100%

3S Wallet

3S Wallet - A multi-chain-enabled non-custodial crypto wallet that provides secure and convenient storage and management of crypto assets in accordance with Web3 standards.

3S Wallet’s objectives

  • With 3S Wallet, the team identifies this as a strategic product in the BHO Network ecosystem. With the motto "Think big, do simple and look for the long term", 3S Wallet is oriented to be a simple, secure and safe Defi wallet product. New users will not have too many difficulties when they first use this wallet.

  • Through 3S Wallet, the project will bring in a lot of users & investors, with abundant financial flow. And that is the most practical value to help the BHO Network ecosystem grow strongly, aiming to become a technology "unicorn" that touches billions of dollars in capital.

3S Wallet’s highlights

  • 3S Wallet is integrated with many advanced technologies to help users swap and trade with low transaction fees, low slippage rate, and high speed.

  • 3S Wallet is a multichain wallet, allowing users to connect to many different blockchain networks such as Ethereum, Binance Smart Chain, Polygon, Fantom, Avalanche, Optimistic, Arbitrum, Cronos, Solana, Polkadot, BHO Chain, etc.

  • In addition, 3S Wallet is also designed with a streamlined and user-friendly interface.

Development and updates roadmap

_Multi-chain supports:

  • EVM chains: Fantom, Avax, Cronos, BSC, ETH, etc. 100% complete
  • Cardano: Done
  • Tron: Done
  • Polkadot: Done

_Memo: 100%

_Dapps Browsers: 100%

  • Chongluadao.vn integration: testing
  • Category indexing: in progress

_Push notification: 90%

_Reward feature: 100%

_Shop-to-earn: planned for implementation - Q4/2022

DEX

DEX is where the financial flows in the BHO Network ecosystem intersect.

DEX’s objectives

  • Creating profitable values for participants who are investors, developers, project owners, etc.

Development and updates roadmap

_EVM contract: 100%

  • Swap
  • Pool / Liquidity

_UI Development & Integration: 50%

_Backend APIs: 60%

NFT Marketplace

NFT Marketplace, shaped as an Ecommerce Web3 product, offers the best and simplest experiences.

The project is currently in the process of completion, currently 70% developed.

Marketplace’s objectives

  • Supporting content creators to earn profits in more categories instead of just buying and selling NFTs products as before.

Development and updates roadmap

_Layer 1: Core blockchain

  • Back office CMS: 70%
  • Seller platform: 70%
  • API backend: 30%

_Layer 2: Smartcontract

  • NFT smart contract ERC721: 100%
  • NFT marketplace: 50%

Through the development roadmap 2022 - 2023, the BHO team announced to the community that the project has decided to hold back 2 products, DEX and NFT Marketplace, and these two products will be launched in 2023.

Holding the above two products will help the BHO Network team to focus on operating and profiting from the existing products, which also avoids waste when launching too many products during Bear Market.

At the same time, the team also had more time to research and update for better and more diverse DEX & NFT Marketplace products.

PROJECT TEAM

BHO Network's highly specialized staff is also an asset that the project is proud to possess. The project development team are individuals and experts with extensive experience in the field, always accompanying the project towards the common goal.

For BHO Network, the biggest asset of the project is the people who have contributed day and night to the success of BHO.

PARTNERS

ConsenSys

ConsenSys plays an important role in the development of blockchain technology. Its founder, Joseph Lubin, has extensive experience in blockchain development and has been critical to the development of decentralized finance (DeFi) from design to implementation.

Using Ethereum as the base, the company uses a number of different approaches to help achieve its goals:

  • Solutions - Consulting for large companies like Microsoft, Smart Dubai, and Shell, who are looking to build their blockchain solutions.
  • Labs - An incubator and venture studio designed to help grow companies in the ConsenSys ecosystem. These include startups like MetaMask, uPort, Truffle Suite, and Civil.
  • Capital - The company provides capital and advice on how to build and launch an ICO.
  • Academy - A learning resource to help teach the next generation of developers to build on Ethereum.

Today, ConsenSys has created many successful applications, and the most famous product is MetaMask with more than 31 million monthly users.

In addition, ConsenSys provides audit services with ConsenSys Diligence, and development for businesses through ConsenSys Codefi. The company is extremely influential in the blockchain industry. As a result, ConsenSys is a strong brand in developing innovative tools and applications for businesses.

BHO Network is proud to become an official partner with ConsenSys in May 2022. Since then, that has been creating more motivation and strength for the BHO Network team to continue to grow with its goals and vision in the future.

MoonPay

In April 2022, BHO Network and MoonPay officially became strategic partners in the decentralized wallet product development project. Through this partnership, millions of BHO Network users around the world have an extra convenient and secure payment method when buying cryptocurrency.

Furthermore, BHO Network also has a large and multi-field partner network such as investment funds, technology alliances, media partners, blockchain projects, traditional businesses, etc.

COMMUNITY

BHO Network has also built a strong community of 100,000+ active participants on platforms such as Telegram, Twitter, Facebook, LinkedIn, Youtube, etc., including investors and users who have placed their trust firmly in the vision, enthusiasm and efforts of the project.

SUMMARY

Above is the overview about BHO Network to help investors have a general view of the project. BHO Network's goal is to create a friendly ecosystem with easy scalability, high transaction speed and low transaction fees.

The project is still trying to perfect the products in the BHO Network ecosystem to provide users with the best experience. Hopefully, through this article, you will get full information on the project, and will always support to make the project develop even more in the future.

Published on November 17, 2022

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