What is BICO and how does it work?

BICO is the network’s native utility token with a total supply of 1 billion. Node operators on the network pay a transaction fee in BICO to add information to the blockchain. Token holders can earn rewards from staking and securing the network.

How does crypto work?

So when people carry out any daily activity (work, shopping, sports, etc) they would automatically receive this cryptocurrency. The centralized system that creates this crypto detects people's bodily activities and distributes money based on the person's tasks.

Is bitcoin still the largest cryptocurrency?

Even after Bitcoin has lost its undisputed dominance, it remains the largest cryptocurrency, with a market capitalization that fluctuated between $100-$200 billion in 2020, owing in large part to the ubiquitousness of platforms that provide use-cases for BTC: wallets, exchanges, payment services, online games and more.

What is the biconomy (Bico) price?

If the Biconomy (BICO) platform manages to gain the trust of major investors and the cryptocurrency community, a huge chunk of ETH users can jump onto its platform, causing the BICO token’s price to skyrocket. Currently hovering at the price of $5.81, the BICO token has dropped about 70% from its all-time high.