What is Binacaps (BCAPS) | What is Binacaps token

In this article, we’ll discuss information about the Binacaps project and BCAPS token

The Bottlecaps project is an experiment in natural price development and community growth. It’s mixing BTC total supply with Safemoon Tokenomics and adding a multichain synergy effect approach. It’s innitially launching on Binance Smart Chain, but this is just the beginning. Here the roadmap to get a brief look where this project stands right now and where we’re heading:

This project basically starts from nothing with very low market cap and tries to build a community and an multichain token ecosystem. Everyone has the same opportunity on this. There are no team tokens and no presale.

Features

CROSSCHAIN HIGH-YIELD PROTOCOL

AIRDROPS FOR LPS

Every new token chainlaunch will have airdrops for liquidity providers of other caps tokens within the ecosystem.

AUDITED

Every token launching in the caps ecosystem are forks based on audited projects. Nonetheless each token will get it’s own audit as soon as it is affordable.

TINY START MARKETCAP

All caps tokens start with very low market cap and have a lot of potential to grow.

YIELD PROTOCOL

Caps are high-yield frictionless farming tokens. There is a 2% tax on every transaction that is distributed to caps holders proportional to the amount of caps held.

ARBITRAGE YIELD

On chains with many automated market makers, liquidity is split to more than one AMM to create volume yield by arbitrage.

LIQUIDITY LOCK

On chains with only one AMM, the protocol permanently locks 3% of every tx in liquidity.

FAIR LAUNCH

All caps tokens have a low market cap stealth launch. 100% of all supply is seeded as liquidity. That means no presale and no allocation to team members.

UNRUGGABLE

Liquidity is burned forever and the ownership of the contract has been transferred to the burn address.

100% DECENTRALISED

No team allocation at launch means that caps tokens are 100% community led.

NFT LIQUIDITY BURN AUCTIONS

Super-rare NFT collections are distributed on regular basis as lottery to liquidity providers and are also sold in auctions against burned liquidity.

CROSSCHAIN SYNERGY EFFECTS

Caps tokens will be released on many different chains and this will create name and ecosystem synergy effects.

HYPERDEFLATIONARY BLACK HOLE

50% of the supply has been sent to the Black Hole at launch . Because it is so massive, it will absorb a significant amount of the 2% tax distribution, resulting in exponential hyperdeflation!

But what is special about the Bottlecaps project?

The trend shows that the future of blockchain technology is not limited to one chain, but consists of a network of blockchains. Each of them with its own ecosystem and members. But the Bottlecaps community is meant to be different. It is meant to be a crypto community that is settled on many different chains. We don’t want to be tied to one token or one chain, but to the community.

There will only ever be one bottlecaps token per blockchain, but we will be on many blockchains. On each blockchain we will start with a very low market cap, but with each new blockchain our market power will grow.

The rules will always remain the same. Liquidity will be burned, 50% of supply will be burned and the total supply will always be 21 million as a reference to our everlasting King Bitcoin.

But there is a long road ahead before we get there, because we are still at the very beginning. Please note, that this is a very low profile project and it can only growth with the help of everyone participating. Whoever is enthusiastic about this vision, please stay and help to make it a reality. Only together we can do it and only together we are strong.

Synergy effects of crypto narratives

Long term we’re betting on something we call the synergy effect, which is often seen when a particular group of altcoins performs strongly. People look for alternatives that have a lower market cap with similar name and tokenomics, that haven’t had a run yet. This is how it happened that after the extreme rise of Dogecoin, many people speculated on a rise of Shiba Inu, or how other safe coins emerged after the sucess of Safemoon. We want to build a massive ecosystem of caps coins where similar synergy effects will be possible.

NFTs

We will do NFT drops as community rewards. This will be done manually. NFT rewards can be earned by several ways. They can be earned as airdrop to liquidity providers or in special liquidity burn auctions.

How and Where to Buy Binacaps (BCAPS)?

BCAPS is now live on the Binance mainnet. The token address for BCAPS is 0xfed2b9ed4f3a6baa02543a9db86524dd790fcc65. Be cautious not to purchase any other token with a smart contract different from this one (as this can be easily faked). We strongly advise to be vigilant and stay safe throughout the launch. Don’t let the excitement get the best of you.

Just be sure you have enough BNB in your wallet to cover the transaction fees.

You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…

We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.

Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…

☞ SIGN UP ON BINANCE

Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)

Next step

You need a wallet address to Connect to Pancakeswap Decentralized Exchange, we use Metamask wallet

If you don’t have a Metamask wallet, read this article and follow the steps

☞What is Metamask wallet | How to Create a wallet and Use

Next step

Connect Metamask Wallet to Pancakeswap Decentralized Exchange and Buy BCAPS token

Contract: 0xfed2b9ed4f3a6baa02543a9db86524dd790fcc65

The top exchange for trading in BCAPS token is currently PancakeSwap, JulSwap and BakerySwap

Apart from the exchange(s) above, there are a few popular crypto exchanges where they have decent daily trading volumes and a huge user base. This will ensure you will be able to sell your coins at any time and the fees will usually be lower. It is suggested that you also register on these exchanges since once BCAPS gets listed there it will attract a large amount of trading volumes from the users there, that means you will be having some great trading opportunities!

Top exchanges for token-coin trading. Follow instructions and make unlimited money

☞ https://www.binance.com
☞ https://www.bittrex.com
☞ https://www.poloniex.com
☞ https://www.bitfinex.com
☞ https://www.huobi.com

Find more information BCAPS

☞ Website ☞ Explorer ☞ Social Channel ☞ Social Channel 2 ☞ Social Channel 3 ☞ Message Board ☞ Coinmarketcap

🔺DISCLAIMER: The Information in the post isn’t financial advice, is intended FOR GENERAL INFORMATION PURPOSES ONLY. Trading Cryptocurrency is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money.

🔥 If you’re a beginner. I believe the article below will be useful to you ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner

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#blockchain #bitcoin #bcaps #binacaps

What is Binacaps (BCAPS) | What is Binacaps token | What is BCAPS token