Blue Ocean Mining (BOM), a hash power tokenization and a trading platform, is planning for its global launch in the coming days.
BOM.finance was created to help retail users solve the high threshold of participation caused by the global pandemic and various national policies. The decentralized cloud mining platform also provides hash power liquidity for retail users through NFT tokenization. This reportedly helps these users solve the pain points of many users participating in mining.
The platform is led by miners around the globe, including South America, South Korea, Germany, Southeast Asia, and many others. These miners were joined by global mining farms, traditional finance, and the DeFi concept to create the platform.
Serving the global market at large, BOM.finance allows its users to participate in the platform governance, allowing them to join in the runnings of the platform. To participate in the governance process, users must hold the platform s native token, BOM. BOM holders are allowed to participate in the development and governance of the platform. Notably, Any miner who achieves exclusive ownership by burning and using BOM can join the ecosystem development “ocean paradise” ecosystem. BOM.finance also allows users access to strong liquidity through the exchange of tokenized hash power.
The platform has many unique features and functionalities. These include the BlueOcean NFT Farming, the trading of BlueOcean NFT products, the BlueOcean store, and the BlueOcean NFT collateralized loan.
These features make it possible for users to sell Hash power after being approved through DAO on-chain voting. To facilitate NFTs sales, the platform supports two sales forms, fixed price, and auctions. In addition, users can use the BlueOcean store to obtain the NGFT certificate from a “mystery box mining machine.” BOM users can also commit the hash power NFT’S mining income until a certain set period. This allows them to become eligible for a loan in USDT. Once a user takes the loan, they can repay the principal and interest as it matures.
BlueOcean will come to the first platform to support merging the traditional mining industry and the DeFi innovations. In the coming days, the platform will release traditional games, videos, artworks, and music. The platform also plans to expand the BlueOcean to eco friendltt=y NFT through its “build your paradise” initiative. BOM will be a powerful incentive for users as 40% of platform revenue will directly go to the BOM liquidity pool. 30% of platform profits will be used for buyback and burn, 20% to connect core community promoters with miners, while 10% will be used for early community and core code contributor incentives.