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Boson Protocol Stock

Boson Protocol

BOSON

Price

0.04
Today +/-
+0
Today %
+0 %

Boson Protocol Whitepaper

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Börse Marktpaar Preis +2% Tiefe -2% Tiefe Volumen (24H) Volumen % Typ Liquiditätsbewertung Aktualität
HTXBOSON/USDT0.089.98351.38683,693.610.04cex1
CoinWBOSON/USDT0.08141.8168.04123,289.490.01cex2
GateBOSON/USDT0.081,2311,410.61101,663.030cex250
XT.COMBOSON/USDT0.0873.4439.0991,180.110.01cex16
GateBOSON/ETH0.08121.61166.2770,582.830cex105
LATOKENBOSON/USDT0.08346.08445.5416,021.070.02cex108
KuCoinBOSON/USDT0.083,895.13,349.1812,947.490cex257
XXKKBOSON/USDT0.083,549.983,349.1512,596.480cex1
MEXCBOSON/USDT0.08751.5637.311,518.880cex179
Crypto.com ExchangeBOSON/USD0.086,727.383,807.137,789.670cex280
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Boson Protocol FAQ

What is Boson Protocol (BOSON)?

**Web3's Decentralized Commerce Layer** Facilitate the sale of physical products as redeemable NFTs across online platforms, games, and virtual environments. We have addressed the complex technical challenges of tokenizing and twinning physical items, enabling you to focus on creating innovative Web3 commerce experiences for your customers. Our no-code, cost-effective tools simplify the process of tokenizing and selling physical products as NFTs on various platforms, including your own Web3 store, the Metaverse, and NFT marketplaces. Redemption options can be seamlessly integrated into your website, granting your brand full control over the customer experience. With Boson Protocol, you have the ability to create phygital assets and token-gate purchases, facilitating the development of engaging and rewarding digital-physical commerce experiences. Buyers can redeem NFTs for physical items with the assurance of either receiving the item or getting their money back—without relying on intermediaries or sellers—thanks to secure code and independent dispute resolution. Alternatively, buyers have the freedom to transfer, gift, trade, or hold the NFT, as they would with any other NFT. Boson Protocol is recognized as a groundbreaking technology and was named a Technology Pioneer by the World Economic Forum. As a decentralized protocol, it is designed for the benefit of and governed by its users, charging only a minimal 0.5% protocol fee per transaction.

Who Founded the Boson Protocol?

Justin Banon serves as the CEO and co-founder of Boson Protocol (BOSON). With a strong entrepreneurial background, he established Meltfactory, a blockchain strategy consultancy, and founded Redeemeum, a rewards platform native to the cryptocurrency industry. His experience also includes leading the Travel Experiences Division at Collinson Group, a prominent global company specializing in loyalty and benefits. The role of Chief Technical Officer (CTO) and co-founder of Boson Protocol is held by Gregor Borosa. He is an accomplished engineer with a Master's degree in Business Informatics from the University of Ljubljana and an MSc in Digital Currency from the University of Nicosia. Gregor has extensive experience, having been a lead software engineer at the Central Bank of Slovenia and serving as a blockchain technologist at VEVArica s.p.

### Distinctive Features of Boson Protocol Boson Protocol sets itself apart through a variety of unique attributes. It utilizes decentralized commerce infrastructure to automate the exchange of digital assets for physical goods, which streamlines the trading process by minimizing the need for intermediaries. By employing smart contracts, Boson ensures efficient and secure transactions. The protocol's commitment to reducing transaction costs and enhancing market accessibility underscores its innovative approach. For further details about its market data and valuation, refer to Eulerpool.

Boson Protocol (BOSON) seeks to integrate decentralized technology into e-commerce while establishing an open, tokenized economy. The protocol incorporates ERC-20 "Thing" tokens, which are utilized to acquire specific, fungible commitment tokens within the platform. These Thing tokens are transferred and traded using standard DeFi tools, facilitating the creation of liquid digital markets for corresponding physical assets. Advocating for the secure and privacy-preserving collection of e-commerce data, Boson Protocol incentivizes users by offering them monetary benefits for voluntarily sharing their data. The platform leverages Ocean Protocol to develop a Web 3.0 commerce data marketplace, enabling information buyers to gain insights into consumer behavior and conduct comprehensive analyses of their business strategies. Boson's core mechanism is designed using game theory concepts, aiming to encourage honest behavior among parties involved in a trade. Structured as a sequential game, it includes a two-sided deposit system that automates dispute resolution and minimizes reversal losses. The platform is designed to be community-owned and emphasizes the fair distribution of control and value. There are three phases for the platform's governance evolution: startup, scale-up, and decentralized autonomous organization (DAO). During the startup phase, Boson is centrally controlled to achieve protocol-market fit. In the scale-up phase, it applies minimally extractive fees to further project development. Ultimately, it will decentralize to establish a DAO and achieve complete community-led governance. For more information on Boson Protocol, please visit Eulerpool.

How is the Boson Protocol Network Secured?

Boson Protocol (BOSON) is an ERC-20 token operating on the Ethereum (ETH) mainnet. Please refer to Eulerpool for additional information.

When is the commencement of BOSON trading scheduled?

The inaugural token sale for Boson Protocol (BOSON) occurred in April 2021.

Is it Possible for BOSON to Reach $10?

The value of Boson Protocol (BOSON) surged from an initial price of $0.75 to $5.3319 soon after the token's release. In November 2021, following the launch of Boson Protocol on its mainnet, the token's price once again demonstrated positive growth dynamics. Given the ongoing development of the project, BOSON has a reasonable opportunity to sustain this upward price trend as it achieves its future objectives.

Where Can You Purchase BOSON?

Boson Protocol (BOSON) is currently available for purchase on the following exchanges: 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. If you are new to cryptocurrency, you can learn more about entering the market and purchasing Bitcoin (BTC), Boson Protocol (BOSON), or any other token on Eulerpool's education portal — Alexandria.

The total token supply for [Boson Protocol](https://eulerpool.com/currencies/boson-protocol/) (BOSON) is 200 million. According to the information available on its official website, the distribution of BOSON tokens is as follows:

- 43.4% allocated for network rewards - 25% retained by the founders and team - 11.5% reserved for SAFE and SAFT private sales - 7% allocated to early investors - 5% designated for advisers - 5.1% allocated for pre-sale - 3% distributed via public sale

Investors interested in Boson Protocol are also interested in these Cryptos

This list presents a carefully selected selection of Cryptos that might be of interest to investors. We have our own crypto analyses for all listed Cryptos on Eulerpool.

Beginnings and the Rise of Cryptocurrencies

The history of cryptocurrencies began in 2008 when an individual or group using the pseudonym Satoshi Nakamoto published the whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid the foundation for the first cryptocurrency, Bitcoin. Bitcoin utilized a decentralized technology known as blockchain to enable transactions without the need for a central authority.

In January 2009, the Bitcoin network commenced with the mining of the Genesis Block. Initially, Bitcoin was more of an experimental project for a small group of enthusiasts. The first known commercial purchase using Bitcoins occurred in 2010, when someone spent 10,000 Bitcoins on two pizzas. At that time, the value of one Bitcoin was just fractions of a cent.

The development of other cryptocurrencies

Following the success of Bitcoin, other cryptocurrencies soon emerged. These new digital currencies, often referred to as "Altcoins," sought to use and improve blockchain technology in various ways. Some of the most well-known early Altcoins include Litecoin (LTC), Ripple (XRP), and Ethereum (ETH). Ethereum, founded by Vitalik Buterin, was particularly distinct from Bitcoin, as it enabled the creation of smart contracts and decentralized applications (DApps).

Market Growth and Volatility

The cryptocurrency market grew rapidly, and with it public attention. The value of Bitcoin and other cryptocurrencies experienced extreme fluctuations. Highlights such as the end of 2017, when the Bitcoin price nearly reached 20,000 US dollars, alternated with sharp market crashes. This volatility attracted both investors and speculators.

Regulatory Challenges and Acceptance

As the popularity of cryptocurrencies rose, governments around the world began to grapple with the regulation of this new asset class. Some countries adopted a friendly stance and encouraged the development of crypto technologies, while others introduced strict regulations or outright banned cryptocurrencies. Despite these challenges, the acceptance of cryptocurrencies in the mainstream has steadily increased, with companies and financial institutions starting to adopt them.

Recent Developments and the Future

In recent years, developments such as DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) have broadened the range of possibilities offered by blockchain technology. DeFi enables complex financial transactions without traditional financial institutions, while NFTs allow for the tokenization of artwork and other unique items.

The future of cryptocurrencies remains exciting and uncertain. Questions about scalability, regulation, and market penetration remain open. Nevertheless, interest in cryptocurrencies and the underlying blockchain technology is stronger than ever, and their role in the global economy is expected to continue growing.

Advantages of Investing in Cryptocurrencies

1. High Return Potential

Cryptocurrencies are known for their high potential returns. Investors who got in early on projects like Bitcoin or Ethereum have made substantial gains. This high return makes cryptocurrencies an attractive investment opportunity for risk-seeking investors.

2. Independence from Traditional Financial Systems

Cryptocurrencies offer an alternative to the traditional financial system. They are not bound to the policies of a central bank, making them an attractive hedge against inflation and economic instability.

3. Innovation and Technological Development

Investing in cryptocurrencies also means investing in new technologies. Blockchain, the technology behind many cryptocurrencies, has the potential to revolutionize numerous industries, from financial services to supply chain management.

4. Liquidity

Cryptocurrency markets operate around the clock, which means high liquidity. Investors can buy and sell their assets at any time, which is a clear advantage compared to traditional markets that are tied to opening hours.

Disadvantages of Investing in Cryptocurrencies

1. High Volatility

Cryptocurrencies are known for their extreme volatility. The value of cryptocurrencies can rise or fall quickly and unpredictably, posing a high risk to investors.

2. Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still emerging and varies greatly from country to country. This uncertainty can lead to risks, especially when new laws and regulations are introduced.

3. Security Risks

While blockchain technology is considered very secure, there are risks associated with the storage and exchange of cryptocurrencies. Hacks and fraud are not uncommon in the crypto world, which requires additional precautions.

4. Lack of Understanding and Acceptance

Many people do not fully understand cryptocurrencies and the underlying technology. This lack of understanding can lead to misguided investments. Additionally, the acceptance of cryptocurrencies as a means of payment is still limited.