BGOGO was launched in 2018 as a digital asset exchange designed to be "by the community, for the community." Its key differentiating features included a governance model where 21 "supernodes," composed of leading blockchain VCs, had the authority to list one cryptocurrency each. The platform also implemented a "trade-to-mine" mechanism with 105% trading fee rebates paid in its native BGG token and a token buyback-and-burn program funded by platform fees. Despite initial hype and high trading volumes, the platform's activity and reputation declined sharply after 2019 amidst community accusations and operational issues, and it is now considered inactive.

Founded in

United States