Bithemoth

What is Bithemoth?

Bithemoth is a South African registered company designing an all-encompassing digital currency platform positioned for mainstream user adoption. They will create a user-friendly system that incorporates both traditional markets and blockchain based assets. The Bithemoth ecosystem will offer the following; a fast and intuitive exchange, a rich trading platform embedded with digital asset investment opportunities, and a turnkey ICO incubator. Bithemoth is setting out to create a revolutionary all-encompassing exchange platform. The goal is to empower the users while solving the common issues that plague current exchanges. They have a global team of specialists, entrepreneurs, and developers that are dedicated to our project to ensure success and that Bithemoth becomes a long-term player in this field. You will be able to utilize your BHM coins to pay for any fees on our exchange platform. This will include exchange fees, withdrawal fees, listing fees etc. There will be specific discount incentives that we will be introduced for the initial promotion of BHM usage on the exchange; this will be effective immediately but limited to a period of 5-years. Quarterly, the BHM team will use a portion of our profits to exercise a buy back on BHM tokens that will be destroyed. This will continue until 50% of the entire BHM coin amount has been destroyed, leaving (100,000,000) coins in circulation. 

Market Analysis

Through there external analysis, they recognized a substantial opportunity for Bithemoth from the projected growth, and foreseeable future for all cryptocurrency related aspects given the potential of blockchain. When there main features are implemented into the platform, it will allow users worldwide to be able to easily integrate Bithemoth into their everyday lives. Risks Our largest risk lies within user engagement and gaining a user backing. The major competitors from our analysis are Binance, Bitfinex, Bittrex, KuCoin, Altcoin Trader and Luno. To mitigate these risks, we have a dedicated marketing plan to gain traction and a market entry strategy to gain a foothold in the industry.