What is Boson Protocol

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About Boson Protocol


  • What is Boson Protocol (BOSON)?

    : Web3’s decentralized commerce layer, allowing physical items to be sold as redeemable NFTs.

  • Founders:

    Justin Banon (CEO) and Gregor Borosa (CTO)

  • Unique features:

    • ERC-20 “Thing” tokens for purchasing physical assets
    • Secure, privacy-preserving e-commerce data collection
    • Game theory-based mechanism for incentivizing honest behavior

  • Token supply:

    200 million BOSON tokens</li

About Boson Protocol: Unlocking the Power of Decentralized Commerce

Introducing Boson Protocol (BOSON): A Revolutionary Decentralized Commerce Ecosystem

Unlock the Potential of Web3’s Decentralized Commerce Layer. Seamlessly sell physical goods as redeemable NFTs across online, in-game, and metaverse platforms. By solving the complex technical challenges of tokenizing and twinning physical items, we empower you to focus on crafting innovative Web3 commerce experiences for your customers. Our intuitive, low-cost, no-code tools enable effortless tokenization and sale of physical products as NFTs across various platforms, including your own Web3 store, the Metaverse, or NFT marketplaces. Redemption can be seamlessly integrated into your website, granting your brand full control over the customer experience. With Boson, you can create phygital assets and token-gate purchases, allowing you to effortlessly develop engaging and rewarding digi-physical commerce experiences. Buyers can redeem the NFT for the physical item with the assurance of receiving the item or a full refund, all without relying on intermediaries or sellers – just code and independent dispute resolvers. Alternatively, buyers can transfer, gift, trade, or hold the NFT, just like any other NFT. As a groundbreaking technology recognized as a Technology Pioneer by the World Economic Forum, Boson is a decentralized protocol built for the benefit of and governed by its users. Consequently, Boson only charges a minimal 0.5% per transaction protocol fee.

The Visionaries Behind Boson Protocol: Meet the Founders

Justin Banon, a seasoned entrepreneur, serves as the CEO and co-founder of Boson Protocol (BOSON). His impressive repertoire includes founding Meltfactory, a blockchain strategy consultancy, and Redeemeum, a pioneering crypto-native rewards platform. Additionally, he has held the position of Head of Travel Experiences Division at Collinson Group, a renowned global loyalty and benefits company.

Boson Protocol’s chief technical officer (CTO) and co-founder, Gregor Borosa, is a seasoned engineer who holds a master’s degree in Business Informatics from the University of Ljubljana and an MSc in Digital Currency from the University of Nicosia. Prior to his current role, he worked as a lead software engineer at the Central Bank of Slovenia and served as a blockchain technologist at VEVArica s.p., leveraging his expertise to drive innovation.

Unveiling the Unparalleled Boson Protocol: A Revolutionary Approach

Boson Protocol (BOSON) seeks to revolutionize e-commerce by integrating decentralized technology and fostering an open, tokenized economy. At the heart of the protocol lies the ERC-20 “Thing” tokens, which facilitate the purchase of specific, fungible commitment tokens on the platform. These Thing tokens can be seamlessly transferred and traded using conventional DeFi tools, ultimately giving rise to liquid digital markets for the corresponding physical assets.

Boson Protocol champions the secure and privacy-preserving collection of e-commerce data, incentivizing users with monetary rewards in exchange for their voluntary data sharing. By leveraging Ocean Protocol, the platform establishes a Web 3.0 commerce data marketplace, empowering information buyers to glean valuable insights into consumer behavior and conduct in-depth analyses of their business strategies.

Boson’s core mechanism is predicated on game theory principles, carefully crafted to foster honest behaviour among trade participants. As a sequential game, it incorporates a two-sided deposit structure, which facilitates the automated resolution of disputes and minimizes reversal losses.

The platform is deliberately designed to be community-driven, with a strong emphasis on ensuring the equitable distribution of control and value. The governance of the platform is envisioned to evolve through three distinct stages: startup, scale-up, and decentralized autonomous organization (DAO). During the startup phase, Boson will be centrally controlled to achieve protocol-market fit. As it scales up, the platform will impose minimally extractive fees to fuel further development. Ultimately, it will transition to a decentralized autonomous organization (DAO), thereby attaining full community-led governance and relinquishing control to the community.

The Circulating Supply of BOSON Coins: A Closer Look

The Boson Protocol Network’s Robust Security Framework: A Comprehensive Overview

Boson Protocol (BOSON) is an ERC-20 token, meticulously deployed on the Ethereum (ETH) mainnet, leveraging the robust infrastructure of this pioneering blockchain.

BOSON Trading: Anticipated Launch Timeline

The inaugural token sale of Boson Protocol (BOSON) successfully launched in April 2021.

Will BOSON Soar to $10?

The price of Boson Protocol (BOSON) experienced a remarkable surge, skyrocketing from an initial $0.75 to a staggering $5.3319 shortly after its token release. Following the mainnet launch in November 2021, the token’s price exhibited a promising upward trajectory, demonstrating renewed growth momentum. Given the project’s ongoing active development, BOSON appears poised to sustain this upward trend, driven by the successful delivery of its forthcoming objectives.

Where to Acquire BOSON: A Comprehensive Guide

Boson Protocol (BOSON) is presently listed on a diverse range of esteemed exchanges, including KuCoin, Gate.io, Bittrex, Bitfinex, MEXC, Crypto.com Exchange, LBank, Uniswap (V3), FMFW.io (Bitcoin.com Exchange), CoinEx, Hoo, AEX, Hotbit, HitBTC, Hotcoin Global, CoinW, ZT, and Jubi, where it is available for purchase.

New to the world of cryptocurrency? You can delve deeper into the process of entering the market and discover how to acquire Bitcoin (BTC), Boson Protocol (BOSON), or any other token on CoinMarketCap’s comprehensive education portal — Alexandria.

Associated Resources:

Delve into the intricacies of Bosun Protocol by exploring our comprehensive overview of this innovative project.

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Introducing Safex Token (SFT), the native cryptocurrency of Safex, a pioneering, open-source decentralized marketplace platform that prioritizes user privacy.

Discover Elysian (ELY), the native cryptocurrency powering a revolutionary blockchain-based platform designed to empower online stores, aptly named Elysian.

The total token supply is capped at 200 million Boson tokens.

Protocol](https://coinmarketcap.com/currencies/boson-protocol/) (BOSON). According to its official website, the allocation of BOSON tokens is distributed as follows:

  • A substantial 43.4% allocation is designated for network rewards
  • The founders and team retain a significant 25% stake
  • A further 11.5% is reserved for private sales under the SAFE and SAFT frameworks
  • Early investors have been allocated 7% of the total
  • A 5% allocation has been assigned to advisers
  • A notable 5.1% is devoted to the pre-sale phase
  • A limited 3% is distributed through the public sale
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