DeepBrain Chain DBC to Binance Coin BNB Exchange

Crypto Pair Details: DBC to BNB

DeepBrain Chain DBC

Leveraging on blockchain technology, we develop a decentralized, low-cost, and private AI computing platform and also provide perfect peripheral products. The DeepBrain Chain token is traded via smart contract based on NEO, and our token is called DeepBrain Coin (DBC), and the mining node is encouraged according to the incentive system designed by the smart contract. The DeepBrain Chain is a decentralized neural network. The calculating demands of enterprises will be distributed to countless mining nodes all over the world. It will get DBC as a return when the nodes deployed computational mirror image successfully and the GAS fee each enterprise need to pay is far less than the intrinsic fee. The DeepBrain Chain is also a secure data trading platform. Both of the trading parties don’t need to worry about data leakage or reselling. Blockchain technology is used to realize the separation of data ownership and usage rights drastically. Thus, the value of data will be promoted greatly. “the Uber in AI computing”

Binance Coin BNB

Binance Coin is the cryptocurrency of the Binance platform. It is a trading platform exclusively for cryptocurrencies. The name 'Binance' is a combination of binary and finance. Thus, the startup name shows that only cryptocurrencies can be traded against each other. It is not possible to trade crypto currencies against Fiat. The platform achieved an enormous success within a very short time and is focused on worldwide market with Malta headquarters. The cryptocurrency currently has a daily trading volume of 1.5 billion - 2 billion US dollars and is still increasing. In total, there will only be 200 million BNBs. Binance uses the ERC20 token standard from Ethereum and has distributed it as follow: 50% sold on ICO, 40% to the team and 10% to Angel investors. The coin can be used to pay fees on Binance. These include trading fees, transaction fees, listing fees and others. Binance gives you a huge discount when fees are paid in BNB. The schedule of BNB fees discount is as follow: In the first year, 50% discount on all fees, second year 25% discount, third year 12.5% discount, fourth year 6.75 % discount, and from the fifth year onwards there is no discount. This structure is used to incentivize users to buy BNB and do trades within Binance. Binance announced in a buyback plan that it would buy back up to 100 million BNB in Q1 2018. The coins are then burned. This means that they are devaluated to increase the value of the remaining coins. This benefits investors. In the future, the cryptocurrency will remain an asset on the trading platform and will be used as gas. Other tokens that are issued by exchanges include Bibox Token, OKB, Huobi Token, and more.

SOURCE: COINGECKO

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