Consumed BCOT Tokens


#1

Was going through all your recently published documentation and I had a question about BCOT Tokens that are consumed. Are they converted to Catenis Credits or real Bitcoin value?

When referenced in your Token Sale Structure and White Paper, they say two different things.


#2

They get converted 1 to 1 to Catenis credits in the system. When services are used then the Catenis credit gets used up. The system uses the bitcoin blockchain so the system needs to pay fees and transfer dust amounts. So Catenis credits map to bitcoin value under the covers.