BITBCN and TEDDY tokens are trending. Why’s that?
BITBCN DAO is a flourishing investment community. Its native token, BBCN, is currently very popular. The team designed the BITBCN platform specifically for cryptocurrency traders and hodlers who want to achieve big returns on their portfolios. The BITBCN token will give users access to a multi-tiered platform where they will be able to participate as P2P nodes of a structure organized as a DAO.
The company stated that the BITBCN tokens would be fungible utility tokens minted on the Binance Smart Chain. The latter provides great liquidity thanks to its high number of participants. In addition, it has the advantage of having much lower gas costs than those of the Ethereum Platform. Token holders will be able to manage BITBCN tokens easily through a Metamask wallet, though.
BITBCN will offer special benefits at different levels. They will become available by purchasing a limited series of NFTs designed to grant voting rights to the holder over the structuring of investment groups. For each of the five levels (from tier 0 to tier 4), investors will participate as members simply by holding the minimum amount of BBCN tokens for each level. They can also take part as managers if they buy one of the limited series NFTs corresponding to the level in addition to owning the minimum number of BIT tokens.
Moreover, the project plans to create a Launchpad. Users will launch selected ideas and projects there for the development of the cryptographic ecosystem, as well as for the benefit of the members of the BITBCN Platform.
What about the BITBCN’s special NFTs?
In addition to the BBCN fungible utility tokens, the company will release for sale a limited series of NFTs, distributing them according to the military hierarchy of the Ghengis Khan army. According to the team, Tier 4 NFTs will correspond to army generals. They will go down in ranks until they reach soldiers for tier 0.
The founding team plans to reserve five additional Tier 4 NFTs for the 10, offering the latter for sale. Still, these five additional NFTs will not be able to participate in the random drawing. Instead, they will be able to represent BITBCN in international Bitcoin and Blockchain conferences.
The platform will calculate the proportional allocation to each member of the launchpad Tiers based on the percentage of tokens that each project decides to put up for sale. It will follow the following proportion: all BBCN token holders will have Staking allocations proportional to the amount of coins they hold. The company has allocated a number of 300 million BBCN tokens for distribution in Staking in a proportional way to all token holders. Moreover, out of the total of 2 trillion tokens, there will be initially a number of 1.7 trillion coins in possession of the holders. As a result, the Staking percentage will be 17.64%. The team plans to distribute that amount over a period of 3 years at a Staking APR yield of 5.88% per annum.
BITBCN launched its initial coin offering on June 1, 2022. Its hot coin, BBCN, is trading for 0.009 USD during the initial coin offering. The total amount of these BEP-20 tokens is 2,000,000,000, but only 30% is available at this stage. The company aims to raise 300,000,000 with the sale and accepts USDT in exchange for BBCN.
BITBCN offers additional benefits to the NFT holders
For each of the levels, the platform will mint a limited NFT series. Once it has sold the initial number of NFTs issued, it won’t release more of the same series with the same rights. However, NFT holders will be able to exchange and sell their non-fungible tokens to other participants who wish to be at the same level or equivalent Tier of the platform.
The users will start participating at an entry-level and scale by either buying more BITBCN tokens, buying an NFT of a higher level/ Tier, or receiving staking rewards for their holdings. Once customers reach a new level, they will be able to move to a new level. In such a case, they will remain only as a participant (this is for those users who only have the minimum number of BIT tokens but no NFT); Or they will migrate to the new tier and purchase a limited series NFT, thus becoming a member of the tier’s management team.
The user only needs to have an NFT at one single level. But the members may own an NFT at various levels if they wish. The company wants to facilitate a liquid market for NFTs. It also boasts a well-developed roadmap and an experienced team.
What does Teddyswap offer to its investors?
Teddyswap is a community-driven organization. The team has built it to offer its users what might be called the “One-stop full-featured decentralized exchange.” It intends the platform’s progress to create a broader range of network effects. Instead of limiting itself to a single solution, this project intertwines many decentralized markets and instruments. So far, the core products include swap, liquidity, aggregate transactions, Farm, and 15 mainstream cross-chain. There are also 15 mainstream chain transactions, 15 mainstream chain chart systems, Token and liquidity multi-scheme locking, and lastly – TeddyWallet and derivatives.
The company configured Teddyswap’s products in a way that allows the entire platform to maintain decentralized governance of TEDDY token holders. It also continues to offer innovative ideas. The community votes on major structural changes. But the Teddyswap team makes decisions about the day-to-day operations, rebalancing of pools and ratios, business strategy, and overall development.
As an automated market-making (PMM) decentralized exchange (DEX), TeddySwap offers its native utility token TEDDY. The company launched its ICO sale on June 27, 2022. However, it will end today. So, investors wishing to acquire these tokens have little time left. While TEDDY is an ERC20 token and it’s quite trending, it’s always better to make sure you are investing safely and wisely, though. The price of 1 TEDDY is 0.0002 USD during the initial coin offering. The total amount of the tokens is 15,000,000,000.
In addition to DEX, the project involves a collection of governance, operations, and reward contracts. They will help the TeddySwap ecosystem grow and bring more profit to its members.
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