Dear users,
Today is the 2nd anniversary of BigONE.
On Christmas Eve 2017, with the support of crypto enthusiasts who care for us, BigONE officially launched. On Christmas Eve 2018, our CEO, Tian, had his first live broadcasted in front of BigONE users and ONE holders, after newly taking the role.
BigONE has changed a lot in 2019. While busy realizing our dreams, we still want to share our thoughts with our users.
What we have achieved in 2019 was game-changing.
As a trading platform that holds craftsmanship dear, we'd like to make a detailed report on the work of the past year.
In BigONE, we always strive for continuous improvements with uncompromised stability. In 2019, under the leadership of CEO Tian and COO Jun Cheng, we have realized great improvements in product security, daily operations, and the number of projects launched.
In terms of products, we launched Fiat OTC at the beginning of this year to ease deposits and withdrawals that were previously difficult for users. PoS Mining Pool was introduced to provide better storage for coin holders' assets. The second half of the year saw the launch of BigDEX to gain a foothold in the decentralized exchange industry for us. Then we launched AngelONE to better connect our users to promising projects.
Also, our industry-leading wealth management products such as decentralized mining pool "BigProxy" and "Dual Currency" have truly provided users with ways to invest and manage their assets in different scenarios. As we speak, the "BigONE" wealth management matrix has begun to take shape, our "Financial Strategy" is gaining speed.
In terms of daily operations, we had our 2019 focused on building the brand and other marketing efforts. This allowed us to introduce BigONE to more users and make them understand who we are and what we are doing. Our products' outstanding performance has also obtained the attention of media outlets. More than 40 traditional and blockchain media outlets have covered our stories, totaling more than 10 million views.
The year 2019 saw over 200% of user growth in our WeChat, Mixin, and Telegram communities, and a total of 22 live broadcasts were held in the communities throughout the year to help users better understand BigONE and related online projects. Starting in the second half of the year, we spent more time to attend offline conferences to meet more friends and introduce ourselves. "Bass Perch" and "Wuzhen Night" are our two major events. Participating in the World Blockchain Conference showed the industry our uniquenesses, and allowed more potential partners to know about us. Currently, our Global Roadshow is being planned as we speak.
While fake trading volume is very much an open secret in this industry, we strongly despise such a way of doing business and hereby promise that all of our trading volume data are real. At the beginning of this year, our daily trading volume was around 50 million U.S. dollars. We later reached the threshold of 100 million U.S. dollars in August. At the beginning of October, the trading volume started to stabilize at 200 million U.S. dollars, and now it is at 400 million U.S. dollars.
We believe our efforts will eventually be celebrated by the larger global crypto community. In CoinMarketCap's recently released liquidity rankings, we have stabilized in the top 20s among trading platforms.
In addition to better serving users, we are also constantly seeking to achieve a win-win situation with users. Since June of this year, in the "Repurchase with 100x Price" plan, we have distributed digital currency with a cumulative value of 5 million CNY to users who participated in the platform's construction through "Contribution Value", and we will continue to repay our users in the future.
Be a reliable trading platform is all we ever wanted.
It is really ironic that in the early stage of the industry's development, TRUST, a concept this industry suppose to define, was the only thing the industry lacked. It is not uncommon for projects to swindle money and disappear. Centralized trading exchanges randomly drawing K-line, losing users' coins, and other terrible news filled blockchain news media. All of these made us rethink what kind of platform is worthy of users' trust, and can be trusted by users. How are we doing now? Where can we do better?
There are a lot of temptations in this industry due to its young age. Some exchanges will simply "add your coin with a price". In the past 12 months, we have “only” listed 92 trading pairs with 58 currencies. We rejected many temptations because we want to do the right thing.
The risk control team strictly adheres to the front line and guarantees the safety of users' assets through cutting-edge technology and well-established mechanisms, and continues to maintain a "no coin loss" record. In the testing report of Slow Fog Technology in September of this year, we obtained the full excellent rating of 29 items in 6 security modules. We have also added comprehensive security reminder mechanisms such as device management, remote reminder, and anti-fishing code.
But we will not stop here. There is always more we can do. Maybe we can be more transparent; maybe we can respond to our communities and support tickets faster; maybe we can provide a better user experience. It's a never-ending path, and we have the determination to take it.
Currently, we have project partners across Southeast Asia, Turkey and more regions in the world, and distributed office and compliance work in multiple countries are also being promoted.
Our team appreciates your support along the way. Because of you, we can stand firm against all the temptations and do what we do best, and that is being a trading platform that worth your trust.
You made us into who we are.
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