How to apply for the BCTF membership and qualify to receive the BCTF tokens
To obtain the BCTF membership and receive membership tokens, the applicant must destroy the tokens he or she claims to have been issued by a fraudulent or default cryptocurrency project. This is necessary to avoid reusing tokens to obtain membership tokens and BCTF membership.
The entire process of destroying tokens and issuing membership tokens after the applicant's entry onto the blockchain-based list of applicants is fully automated. The process is initiated by the applicant (by transferring of “bad” tokens to the specified wallet) and does not require third-party interference.
Confirmation of the right to own relevant tokens and confirmation of bad investments occurs by submitting scans of the electronic wallet, receipts of online payments, etc.whitepaper
A basic smart contract for BCTF token distribution
Tokens intended for distribution among investors affected by the cryptocurrency bubble will be automatically transferred to a Base smart contract after emission. Access to the tokens located in the Base smart contract will be granted to a blockchain-based roster of eligible BCTF membership applicants who will be confirmed as victims of unscrupulous cryptocurrency projects. At the end of the five-year period, all BCFT tokens that are not distributed among the affected crypto investors are sent to the Genesis account (digitally discarded or "burned").
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