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Highlights
- The Billionaire Coin aims to become one of the best cross-chain launchpad within the cryptocurrency domain.
- The Billionaire Coin projects itself as a coin that provides maximum transparency and fairness to the community.
- Billionaire Coin will permit both smaller and bigger investors to participate on its platform.
The Billionaire Coin (BLC) aims to become one of the best cross-chain launchpad within the cryptocurrency domain and operates in decentralized financial (DeFi) ecosystem. Through its automatic liquidity pools, manual burns, pump and dump proofs, the Billionaire Coin projects itself as a coin that provides maximum transparency and fairness to the community.
According to the website, the Billionaire Coin (BLC) will permit both smaller and bigger investors to participate on its platform and due to its controlled parameters, it gives everyone to be the part of the ecosystem.
Also read: Guess who these 10 billionaires are with crypto holdings?
What makes Billionaire Coin so unique?
Being a community first, the Billionaire Coin works through the automated liquidity pools (LP). It operates in two steps – first by locking the coin to generate benefit from both seller and buyers, which helps in creating solid floor price. Secondly, through the arbitrage resistant mechanism, which ensures volume in the coin and can be used to reward the holders.
In short, this is what creates the stability from the supplied LP by taxing the overall liquidity of the token. It’s unlike burning a token or coin, which only gives a short-term gain. This coin is in fact one for the long-term as it provides more benefit for users who tend to hold for a longer duration.
Besides, the users also stand a chance to earn passive income made on the PancakeSwap, which allows the balance of Billionaire Coin grow indefinitely. Having the controlled burning of the coin ensures that the supply of the coin reduces, and the prices go up, thereby benefitting the users who tend to hold it for a long duration.
Also read: Who Are the Crypto Billionaires of 2021?
An 8% of transaction fee is charged within the investment, out of which 3% goes to the developers’ wallet and the holders get 1% from every registered transaction and gets divided among all holders, while the other 4% is added upon the LP acquisition.
Besides, it develops trust between developers and holders and its solid price rate cannot be manipulated. The main aim of the goal is to prevent whales from entering the segment and transfer it others account.
Conclusion
Although there is very little information on the Billionaire coin, the market saw interest in the coin. As per Billionaire Coin’s whitepaper, it’s volume in the last seven days has been US $134.27k and is priced at US $0.0000000260. It went live on PancakeSwap on 1 September and it comes across as a coin that will redefine the future of cryptocurrencies.
