#BitwiseBitcoinETF

The BioCoin platform runs a loyalty program that rewards the users for every transaction. The users automatically receive an average of 10 percent of the transaction amount in the crypto wallet. The reward amount depends on the token exchange rate at the transaction time. The users can also make payments with the accumulated points turned into tokens in their wallets. Further, businesses that have joined the platform can accept payments in cryptocurrency and real-world currency. Businesses can also receive an average reward of 10 percent of the amount transferred in their wallets when they accept payments in cryptocurrencies.

BIO is the token of the BioCoin platform based on Peercoin's proof-of-stake (PoS) consensus mechanism. Peercoin is an alternative cryptocurrency derived from the fork of Bitcoin. The PoS mechanism ensures minimal energy consumption. The users can utilize BIO tokens to make payments within the platform.