What is BlowFish (BLOWF) | What is BlowFish token | What is BLOWF token

What is BlowFish (BLOWF) | What is BlowFish token | What is BLOWF token

BlowFish (BLOWF) is a meme token with a new model of reducing total supply (i.e. causing deflation). BlowFish aims to be used in DApp events and games that reward players while burning tokens. Fun for the community and long-term benefit for holders. What is BlowFish (BLOWF) | What is BlowFish token | What is BLOWF token

BlowFish is as simple as a meme should be. It is a community-run BSC token with ambitious goals and a new outlook on the deflationary meme coin trend.

A_ fair, safe start_ was our priority.

Thus, we launched BlowFish on DxSale's standard sale. This generated a contract pre-defined by the DxSale DAO, so you know there's no funny business here. No developer tokens were minted, and the token contract has renounced ownership. There's nothing to fear!

In other words, everyone who owns BLOWF must have bought in. There are no free tokens.

This fish is getting ready to blow up.

THE PURPOSE

At its core, Blowfish is a fun meme token, and our community projects will reflect that. We embrace speculation.

BlowFish aims to be deflationary without having a large built-in transaction fee. We want BLOWF to be liquid and freely usable in DApps, and we think a huge transaction fee discourages token activity.

We envision hosting events and games that burn tokens and deflate the supply BLOWF; thus increasing value for BLOWF holders while providing fun for the community. We are on the outlook for high value projects with minimal development time. Now, that's deep value.

CURRENT PROJECTS

MILLIONAIRE MAKERS

The BlowFish Lottery. A BlowFlottery.

The Millionaire Maker's project launched on April 6th, 2021, just under 2 weeks after BlowFish became available on PancakeSwap. The lottery allows players to submit tokens to a lottery pool during a 3 day runtime. At the end of the lottery period, a winner is randomly selected to win 95% of the pool. 5% of the pool is burned to slowly deflate the BlowFish supply.

Millionaire Makers integrates with BogTools' RNG Oracle to obtain verifiably secure random numbers. We're excited to be the first project officially onboarded with BogRNG.

Check it out at https://blowfishlottery.app/

FUTURE PROJECTS

(Disclaimer: the following projects are pre-development ideas. No guarantees at this point. Just healthy speculation.)

NFT AUCTIONS

Algorithmically generated blowfish art for sale.

Every fish is unique, but there are shared characteristics with varying levels of rarity. Community votes to determine the most popular characteristics, and those become the rarest spawned features.

All auction proceeds are burnt.

User-submitted artwork could also be auctioned!

MEME COMPETITIONS

BlowFish holders pool tokens, and contestants submit BlowFish memes.

BlowFish holders will vote on the best memes. The top memes receive prize pool tokens, and a portion of the pool is burnt.

TRANSPARENT PYRAMID

Trade in 1 BLOWF to get 1 BLOWFAKE in return. 10% of the traded in BLOWF is burnt as a fee.

Every time someone trades in BLOWF for BLOWFAKE, the existing BLOWFLAKE holders get a proportional % increase in their BLOWFLAKE.

The traded-in BLOWF accumulates in a pool, and you can trade back your BLOWFAKE for BLOWF at a 1:1 ratio as long as the pool has tokens.

Withdraw too early, and you lose to the burn fee. Withdraw later, and you could multiply your bet. Withdraw too late, and the BLOWF pool will be empty.

THE BLOWFISH CONTRACT

The BlowFish presale and token contracts guarantee the following:

  • The presale and PancakeSwap original listing price
  • Locked liquidity until June 2022
  • No developer wallets get free tokens at launch, no more tokens are minted after PancakeSwap listing
  • Your ability to trade tokens with zero BLOWF fees
  • This contract is generated by the DxSale DAO. We started with DXSale's pre-audited standard contract for safety. There's no risk of rug-pulling or the contract owner minting new tokens arbitrarily. The contract source code is published, and ownership of the contract has been renounced.

The token contract source code is available on BscScan. You can see the details of the presale contract at this DxSale link. As a memorable meme token, there's a beauty to starting simple.

THE NEXT STAGE & TOKENOMICS

We launched BlowFish on the Binance Smart Chain with a simple contract to capitalize on the low BNB fees and encourage liquidity. However, our long-term vision lies with Ethereum, the OG smart contract blockchain. We wish to live on the forefront of smart contract development.

When Ethereum Gas fees return back to Earth (via L2 developments), we will release a cross-chain token swap with the Ethereum blockchain. This means you can send in your Binance-based BlowFish tokens and get back ERC-20 BlowFish tokens in return. There will initially be a 1:1 ratio between the two token types.

To encourage swaps to the Ethereum-based token, the ERC-20 token will offer mild deflationary properties. Every transaction will cost 2% in fees, 1% of which will be redistributed to ERC-20 BLOWF holders and 1% will be burned. The trade-in ratio between the ERC-20 Blowfish and the BSC-based Blowfish will slowly decrease as the ERC-20 token becomes more valuable.

Releasing deflationary tokenomics at a later stage allows us to launch on a pre-audited DxSale contract and initially offer zero-fee liquidity.

How and Where to Buy BlowFish (BLOWF)?

BLOWF is now live on the Binance mainnet. The token address for BLOWF is 0xa55bb91de33b4abdf3ac64913d98a55ad84dc3a8. 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 BLOWF token

Contract: 0xa55bb91de33b4abdf3ac64913d98a55ad84dc3a8

Read more: What is Pancakeswap | Beginner's Guide on How to Use Pancakeswap

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 BLOWF 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  ☞ https://www.mxc.ai  ☞ https://www.probit.com  ☞ https://www.gate.io  ☞ https://www.coinbase.com

Find more information BLOWF

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🔺DISCLAIMER: The Information in the post is my OPINION and not 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 ⭐ ⭐ ⭐

I hope this post will help you. Don't forget to leave a like, comment and sharing it with others. Thank you!

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