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Boom calls on investors to acquire Multicoin

By Eniola Daniel
16 July 2022   |   4:00 am
An e-commerce platform, Boom, has called on investors to acquire Multicoin blockchain, after its successful launch in Nigeria and France.

Advisory Board Member, Boom Nigeria, Ladi Soyode (left); Chief Marketing Officer, Boom, Gebsy Villarroel and Advisory Board Member, Boom, Nigeria, Elvina Baby Ibru, during the launch in Lagos.<br />

An e-commerce platform, Boom, has called on investors to acquire Multicoin blockchain, after its successful launch in Nigeria and France.
 
The new e-commerce platform enables consumers to buy, sell and pay for everything online without a bank account, thanks to the power of blockchain technology and a token called Multicoin, a Money Transfer Control Number (MTCN).

Boom is a blockchain-powered ecosystem that connects the 1.7 billion unbanked persons in the world, as well as those seeking a safe, no-fees alternative to existing commerce, to global brands and merchants, that now have a new sales channel to address this neglected audience.
  


The MTCN is an Ethereum Request for Comment 20 (ERC-20) utility and governance token, built on the blockchain. MTCN is Boom’s native utility token, which transmits value between transacting parties within the Boom ecosystem.
 
MTCN is required to process all transactions within Boom.
   
The Founder of the platform, Peter Adekeye, said governance rights were attached to MTCN allowing holders to participate in decisions regarding Boom’s development and technology roadmap.

He said: “Our mission at Boom is to provide the world’s 1.7 billion unbanked consumers, as well as those seeking a safe alternative to traditional commerce, with the unprecedented ability to buy, sell and pay for everything online without a bank account, fostering financial and business inclusion for all, thanks to the power of blockchain and a native token called the Multicoin (MTCN).
  
“To ensure a safe and secure ecosystem, all users on Boom are verified during Know Your Costumer (KYC) signup.
 
“To inject liquidity into the eco-system, Boom will be offering a limited number of MTCN to qualified investors between July 18, 2022, and July 31, 2022. The out-of-beta version of Boom will be available for all in October 2022.
 
“All prospective qualified investors satisfying Boom investment requirements are invited to connect to the investors’ page
 
“Our mission at Boom is to provide the world’s 1.7 billion unbanked consumers, as well as those seeking a safe alternative to traditional commerce, with the unprecedented ability to buy, sell and pay for everything online without a bank account, fostering financial and business inclusion for all, thanks to the power of blockchain and a native token called the Multicoin (MTCN).
  
“To ensure a safe and secure ecosystem, all users on Boom are KYC’D at signup.
 
“Our headquarters is located in Paris. Philippe Leroi is Vice Chairman; Aurelien Bricout is the Chief Financial Officer (CFO); Gebsy Villarroel is the Chief Marketing Officer (CMO). Boom’s Advisory Board members in Nigeria are Elvina Ibru, Ladi Soyode and Raymond Dokpesi.

All prospective qualified investors satisfying Boom investment requirements are invited to connect to the Investors page at https://boom.market/investors for more information and confirm their intention by emailing waitlist@boom.market.

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