IT FIRE, a visionary crypto project presented by BOF ITFire LLC
is set to revolutionize the digital banking and trading landscape through its utility token, ITFIRE (ITF)
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We are Backed by Bof Group
Project Overview
IT FIRE is a strategic initiative launched by BOF Group, a company with extensive operations in trading and digital banking. The project centers on the development of BOFCOIN, a utility token designed to streamline trading, settlements, and foreign exchange transactions. BOFCOIN’s versatility aims to support a new economic model that not only enhances operational efficiency but also adapts to the unique cultural and financial dynamics of emerging economies within the digital currency ecosystem.
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Why choose ITF token?
IT FIRE is focused on developing a blockchain tailored for the issuance, utility, and governance of BOFCOIN. This proprietary blockchain will harness advanced cryptographic techniques to ensure secure and transparent transactions, while optimizing the efficiency needed for BOFCOIN’s diverse use cases across trading, settlements, and digital services within the ecosystem.
Smart Contracts
To automate the distribution and management of ITF transactions and security.
Decentralized Governance
Utilizing a Decentralized Autonomous Organization (DAO) to allow token holders to vote on critical decisions, ensuring a democratic governance structure.
High Scalability
Capable of handling large volumes of transactions without compromising speed or security.
ITF Blockchain
Imagine a world where financial services are not only secure and efficient but accessible to everyone, regardless of geographical location or socio-economic status. This is the future we are building with ITFIRE. By leveraging our proprietary blockchain technology, we aim to create a decentralized financial ecosystem that provides seamless access to a wide range of financial services globally.
At the heart of this ecosystem is the ITFIRE blockchain—an innovative tool designed for quick and easy operations. It serves as a robust and highly efficient platform powering all financial services and utility functions. This blockchain will support BOFCOIN, a utility token pegged to a basket of BRICS currencies, ensuring stability and versatility for various financial applications. BOFCOIN is more than just a stablecoin; it is the gateway to fast, real-time trading, payments, settlements, and governance participation, offering users a reliable, multi-functional tool for both everyday transactions and more complex operations within the digital economy.
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Token Allocation & Funds Distribution
Token Allocation
9.52%
Private Sale
61.90%
Presale
4.76%
Marketing
9.52%
Liquidity
14.29%
Team & Advisor
Fund Distribution
60%
Technology Development
20%
Marketing and Legal Compliance
10%
Operational Cost
10%
Reserve Funds
Tokenomics
Token Name
ITFIRE
Total Supply
15 Billion ITF
Sale Start
July 2024
Token Symbol
ITF
Number of token for sale
600 Million
Token for Private sale
2 Billion ITF
Road map
Q2 2024
Completion of the IT FIRE white paper and website development.
Q2 2024
Presale of ITF tokens.
Q3 2024
Public ICO of ITF, aiming to raise $15 million USD.
Q4 2024
Development and testing of the IT FIRE blockchain. It will done within Q1 2025
Q2 2025
Launch of BOFCOIN with the initial "5C" currency basket.
Q3 2025
Expansion of currency basket and additional features for BOFCOIN.
Meet Our Experts
We are proud of our great team. He is one of the most motivated and enthusiastic people we have, and is always ready.
Have Any Questions?
Frequently asked questions (FAQ) or Questions and Answers (Q&A), are listed questions and answers, all supposed to be commonly.
IT FIRE is a crypto project by BOF IT Cards Ltd focused on revolutionizing digital banking and trading by creating a proprietary blockchain and launching BOFCOIN, a utility token pegged to a basket of BRICS currencies. BOFCOIN is designed to facilitate a range of financial operations, including transactions, trading, and settlements, providing users with a stable and versatile tool that enhances efficiency and accessibility within the digital economy.
The primary goal of ITFIRE (ITF) is to fund the development of BOF IT’s own blockchain and facilitate the launch of BOFCOIN, which will serve as a stable medium of exchange and store of value.
The total supply of 15 million ITF tokens is distributed through a presale to family and friends, followed by a broader Initial Coin Offering (ICO) to the public.
ITFIRE offers investors dual exit strategies: doubling the investment value in BOFCOIN after two years or converting the ITFIRE tokens into shares of BOF IT Cards Ltd within three years.
The IT FIRE blockchain will feature advanced cryptographic techniques, smart contracts for automating transactions, a decentralized governance model via a DAO, and high scalability to handle large transaction volumes.
BOFCOIN will be issued in different editions, starting with the “5C” edition that includes five freely convertible currencies from the IMF’s SDR basket. Future editions will expand the basket to include more currencies.
Funds from the ITF token sale are allocated for technology development (60%), marketing and legal compliance (20%), operational costs (10%), and a reserve fund (10%) to stabilize the token in market downturns.
Security measures include regular independent audits, advanced encryption, and the use of multi-signature wallets to enhance the security of token storage and transactions.
IT FIRE collaborates with regulatory bodies to ensure adherence to relevant laws, incorporates Anti-Money Laundering (AML) practices, and implements Know Your Customer (KYC) procedures. These measures are integral to maintaining a secure investment environment for BOFCOIN, our utility token. By verifying the identity of investors and enforcing robust compliance protocols, we ensure that BOFCOIN remains a reliable and trustworthy tool within the digital financial ecosystem.