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Black Mountain Coins are made of 99.975% pure silver and come in denominations ranging from a 1/100 ounce to 1 kilo. Black Mountain Coins are beautifully crafted, made with care and attention, with the finest quality materials, to create a genuinely collectible series of coins above the ordinary.

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Table of Contents
1
Products and Services
2
Ownership
3
Rating
4
Pros & Cons of Black Mountain Coins

Products and Services

Black Mountain Coins Review

The Black Mountain Coins platform offers three different types of currency that can be used on the blockchain they are Gold, Silver, and Bronze:

  • Gold- can only be spent on purchases and cannot be traded or withdrawn.
  • Silver- can either be deposited in your account for spending or transferred out of the platform.
  • Bronze- can be transferred into accounts.

When a user transfers his coins from one currency to the other, he may incur transaction costs, which are charged in Silver coins. Transaction costs are very low for Silver and Bronze transactions; however, if a user transfers Gold coins, he will have to pay a higher transaction fee.

Black Mountain Coins also have their capacity; as bandwidth increases, there is more in the network, and the overall value increases. An individual with a large amount of bandwidth has a higher rank and can act as a transaction validator.

The levels are:

  • Black- can be traded for Bronze coins but will not incur any fees.
  • Red- can be sold for Silver coins but will not incur any costs.
  • Green- can only be used in the network to create blocks or conduct notable transactions. With each block made, the individual gains 100% of the block reward in addition to any transaction fees.

Ownership

Black Mountain Coins Review

Black Mountain Coins are initially owned by the currency providers in Florida and are in charge of the sales of Black Mountain Coins. Black Mountain Coins Inc owns 33.9% of Black Mountain Coins.

The creators of Black Mountain Coins have a background in finance, with knowledge and understanding of how networks operate and how to deploy a network that offers incentives to stakeholders. This background has been an essential tool during the development of the platform.

Rating

Black Mountain Coins is a highly rated ICO on ICO Bench with a score of 4.4 stars out of 5. The high rate is due to the team, the vision, and the roadmap; each aspect is rated highly. The ICO has much social traction, with over 60,000 members on Telegram and over 20,000 followers on Twitter.

Black Mountain Coins can be used on any digital system, whether a mobile gaming platform or social media website. Black Mountain Coins are already in operation and were officially released on 2nd May 2017.

Pros & Cons of Black Mountain Coins

Black Mountain Coins has some pros and cons, which include;

Pros:

  • The application is already operational.
  • The token value is highly rated.
  • The model used by Black Mountain Coins is unique, as not many networks have a bandwidth system.
  • Black Mountain Coins has a large following on social media, one of the largest followings of any ICO out there at the moment, with over 60,000 members on Telegram alone and over 20,000 followers on Twitter.
  • Black Mountain Coins has already been listed on Coinmarketcap.com

Cons:

  • The Black Mountain Coins are only transferable into the platform and cannot be spent.
  • There is no exchange platform to support the tokens; however, the ICO has a large amount of social traction, which will attract attention on exchanges.
  • One cannot withdraw.
  • There are no other retailers selling products with Black Mountain coins.
  • The website is not very informative, there is little information on the white paper, and the roadmap lacks details on how the network will grow through the years.
  • There is very little information on the developers' and founders' backgrounds.
  • There is almost no information on how to use Black Mountain Coins in a game or how to use them on social media platforms.
  • The network has not yet been launched. However, users are already transferring their coins from Gold to Silver and have already raised funds from several social media platforms.
  • The project does not give any information as to what happens if the blockchain is hacked; who controls and supervises it?
  • The biggest problem with Black Mountain Coins is the lack of information on what will happen with tariffs, fees, and transaction costs.
  • Lack of information on using and implementing Black Mountain Coins in a game or social media site.
  • The market cap is tiny, with less than 1 million BAM coins and not even close to the fifty million dollar mark.
  • The platform lacks information on the technology and how shards operate.

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