Innovation Factory has already deployed its BFIC Blockchain and rolled out the BFICoin along with 3 of its ecosystem projects. It has just been a couple of months and the projects have already started to mark their success in the world of crypto.
The Distribution plan for BFICoin spans out to a time period of 5 years starting from the 3rd Quarter of 2021. The project’s website comprises a bunch of projects listed in the ecosystem and a roadmap that reflects the future plans at a macro level.
The Roadmap:
BFICoin’s roadmap has been defined in quarterly and monthly terms for the next couple of years. The main highlights of this roadmap hint at the time of launch for various ecosystem projects. By far, we have already witnessed the launch of 3 out of 15 listed projects namely BFIC Network, XchangeOn & 1st Investment. This makes around 12 outstanding projects and as per the planned intentions of monthly launches, these will be live within the next 12 months.
Project Launch Pace: One project each month
Already launched: 3 Projects
Upcoming: 12 Projects
Launched Projects: BFIC Network, XchangeOn, 1st Investment
Upcoming Projects: BlockHub, BFIC Store, BBonds, Bulleto, Insured Trading, Crypto Cash, Time2Travel, Trump Card, SnakeNLadder, Virtual Meet, IdolBlocks
The Journey Ahead:
BFIC’s journey has only just begun. These are just baby steps after the launch. The next two years will bring in massive growth and expansion to the entire BFIC ecosystem. Not just that, the coin will also experience an impressive market cap and price growth in the upcoming 12-24 months. Let’s distribute the expected two-year plan of BFICoin into micro sections and analyze them individually.
Supply Distribution:
BFICoin has a total supply cap of only 21 Million coins. As per the supply distribution plan, almost 10 million BFICoins will be in circulation by the end of the next two years. The major volume of this distribution will come from BFIC Network, R&D and Reward systems.
Price Targets:
Currently, the BFICoin is trading at around $5.00 per coin. The coin is only listed on XchangeOn. The company plans to list the coin on other exchanges as well. BFICoin will be targeting to achieve a price value of over $150 in the next two years.
BFICoin Listings:
Innovation Factory is planning to list the cryptocurrency exchanges such as Binance, KuCoin, Okex, LaToken, Bitmax and others throughout the time span of 12-14 months.
Ecosystem Project Launches:
As mentioned earlier, the official BFIC website has already listed a wide range of utility projects for BFICoin. With 3 of these projects already launched. A lot more are still in the pipeline and will be launched at a monthly pace through the next year or two. Furthermore, an addition of more projects in the ecosystem is also expected. Amongst the listed projects, BFIC Store, BBonds, BlockHub and Insured Trading are the ones that will be rolled out in the immediate upcoming months.
Market Cap Targets:
With all the above-mentioned listing, distribution and project launch targets, BFICoin is eyeing a massive inflow of investments. The coin is expected to attain a position in the top 10 cryptocurrencies with respect to market cap. With almost half the supply released and multiple utility projects afloat, the market cap for BFICoin is expected to hit billions of dollars in the next two years.
Expectations Vs Reality:
In often cases, the reality check is bitter than the expectations. Yet, for BFICoin it’s the other way around. The expected numbers & growth for the next two years as mentioned above is only speculation based on the currently available information. In reality, there’s a lot more information that the firm behind the project has still not revealed. The user base will also expand massively with time. So, keep your fingers crossed as BFICoin might outperform this two-year expectation.