Announcement on BKEX Global about the details description of the latest rules for BKEX Tribe

Dear BKEXer:

Since it's established, the BKEX Tribe has contributed to BKEX's ecological development and benefits to its members. The details description of the latest rules for BKEX Tribe are as follows:

BKEX TRIBE Members:

A BKEX user can join any tribe when in the state non-BKEX TRIBE to be a member of BKEX TRIBE. Join BKEX TRIBE need to lock more than 3000BKK for 30 days.

BKEX TRIBE Sheik:

A BKEX user can create tribe when in the state non-BKEX TRIBE to be a Sheik after creation a tribe(90-day of a period), create a tribe needs to lock more than 600,000BKK for 90-day.

TRIBE & Rank:

Each tribe can add up to 500 members, the amount of locked BKK for members and Sheik join the tribe is called tribal contribution. The sum of tribal contribution is the wealth of the tribe, and the ranking of the tribe is ranked from highest to lowest according to the wealth of the tribe.

Institutions Tribe:

Tribes invested by the capital side or the project side are called Institutions Tribes;

The election for Sheik:

After the term of office expires, the sheik of a tribe may choose whether to continue his term. If the sheik gives up his reelection, the sheik exit the tribe and the tribe enters the "Election for Sheik status".

1. The election status keep 24 hours;
2. The tribe cannot join during the election;
3. BKEX users can join bid for Sheik when in the status of non-BKEX TRIBE, and users who join the election for sheik can`t join or create other tribes during the election;
4. If nobody joins the tribe election, the election status will be changed to "bid" state, until someone bids to become the Sheik;
5. This tribe will dismiss if all members of this tribe are unlocked.

Election Rules for Sheik:

1. Each bidder has one and only one chance to bid;
2. The bidder has one and only one opportunity to set the tribe name and bid amount during bidding;
3. After the election, the highest bidder becomes the Sheik of the tribe;
4. During the election campaign, the bid amount will be locked, and after the election, unsuccessful bidders will be automatically unlocked;
5. If nobody joins the election, the election status will be changed to "bid" status until someone makes a bid and becomes the sheik.

BKEX TRIBE Rights for Members:

1. Enjoy the income of BKEX TRIBE members;
2. Currency price remind (developing);
3. WeChat voice customer service;
4. More rights......

BKEX TRIBE Rights for Sheiks:

1. The sheik enjoys all rights of members;
2. Monthly income;

Sheik Income= Tribe Income – Member Income

The income of sheiks will be settled and distributed on 1—3 days of the next joined month;

3. Right of priority to Join Seed Incubator;
4. Have the right to apply for BKEX fiat transaction authentication merchant;
5. Right of currency transaction for free;
6. Edit totem of the tribe;
7. Edit announcement of the tribe;
8. Open the channel of recommended projects;
9. One-on-one exclusive BKEX customer service;
10. Right of joined the closed meeting of BKEX founders;
11. Have the right to distribute additional tribal revenue;
12. More rights......

BKEX Tribe income rate:

Tribe annual income rate is: 24.27%(daily income rate=annual income rate/365≈0.0665%)

BKEX TRIBE Valid income:

User joins the tribe before 20:00 starts to bear interest from 20:00 that day and receives interest at 20:00 the next day. Users join the tribe after 20:00 starts to bear interest from 20:00 next day;

BKEX TRIBE Income for Members:

Member Income = Member contribution volume* Daily tribal rate of income * 62.5% * Joined days；

The income and principal for members are distributed at 24:00 on the release date.

Ex. :

User A joined AAA tribe lock 10000BKK at 19:00 on July 1, 2019;

User A invested in AAA tribe and lock 20000BKK again at 21:00 on July 2, 2019;

User A will automatically exit the tribe at 24:00 on July 31, 2019, and unlock 10000BKK.

Awarded 10000BKK*0.0665%*62.5%*30 days =124.6875BKK

User A will automatically exit the tribe at 24:00 on August 2, 2019, and unlock 20000BKK.

Awarded 20000BKK*0.0665%*62.5%*30 days =249.3750BKK

BKEX TRIBE monthly income of Sheik:

BKEX TRIBE monthly income of Sheik = TRIBE monthly income *37.5%

The BKEX TRIBE monthly income of Sheik will be distributed from 1-3 days of the following month.

BKEX TRIBE monthly income:

BKEX TRIBE monthly income = contribution of TRIBE members * BKEX TRIBE daily yield rate

Ex. :

User A joined AAA tribe lock 10000BKK at 19:00 on July 1, 2019;

User B joined AAA tribe lock 10000BKK at 21:00 on July 2, 2019;

User C joined AAA tribe lock 10000BKK at 19:00 on July 3, 2019;

The income of AAA tribe in July 2019 is:

User A contribution +User B contribution +User C contribution =199.5+192.85+186.2=578.55 BKK

Among them

User A`s contribution in July = 10,000bkk *0.0665%*30 days = 199.5bkk

User B`s contribution in July = 10000BKK*0.0665%*28 days = 186.2bkk

User C`s contribution in July = 10000BKK*0.0665%*28 days = 186.2bkk

BKEX Global 

2019/06/30