🚉 BSC Station; The DeFi NFT Auction Platform on Binance Smart Chain
The next-generation infrastructure for Defi and NFT’s
BSC Station is building a Decentralized Finance (DeFi) and NFT Auction platform on the Binance Smart Chain (BSC). The aim is to produce a user-friendly interface that allows for an easy to use experience. Transactions made on Binance Smart Chain are currently much cheaper and the execution time is much faster than transactions on Ethereum.
🔓 How does it work
BSCStation is a Decentralized Exchange as well as an incubator for DeFi and NFT startups. The project starter in the form of an auction platform will be the fuel for the BSCS ecosystem.
The token economics are modeled into a membership system with a fee sharing mechanism. BSCS token holders can participate in NFT auctions. They will receive Hodler airdrops as well as reduced trading fees.
BSC Station will launch a wallet and app for storing, transferring, swapping and protecting crypto assets.
BSCS token supply is fixed at 500 million. The token standard will be BEP20.
The token supply will be:
· Public sale 8,000,000 tokens
· Private 125,000,000 tokens
· Seed 60,000,000 tokens
Raised funds will be allocated to:
· Products development: 40%
· Liquidity and Exchange: 30%
· Ecosystem: 20%
· Operations: 10%
BSCStation has been funded by industry heavyweights like Spark Digital Capital, Morningstar Ventures, NGC Ventures, DFG, AU21 Capital, X21, Chain Capital, BSCPad, NEBIT Ventures, Carbon Blue Ventures and M6.
🔊 Concluding remarks
In the current market, DeFi auction platforms and NFT collectibles are hot topics. There are still a lot of projects that are eager to launch their products on a launchpad.
BSC Station already has a deep connection to one of the DeFi launchpad pioneers, BSCPad. By combining their research and knowledge they can add long-term value to the Binance Smart Chain ecosystem.
The short term history, with newly launched DeFi projects that have a low initial cap, are thriving in this market. BSCS tokens can benefit users with future incentives, for that reason I believe token holders will hodl their tokens, that combined with the low initial market cap of $ 480k dollars is a recipe for success.
Looking forward to seeing this project launch.
More information on BSCStation:
Disclaimer: I would like to state that I am not being incentivized for writing this article. This article is not intended as investment advice. You should always do your own research. All the information provided in this article is based on my own personal opinion. If you do decide you want to invest, only invest money you can afford to lose.
If you like my content about blockchain and cryptocurrencies, you can give me a follow. I also have an account on Steemit and Twitter. You are welcome to follow me there as well. On my LinkedIn page you will find a bit more personal information. You can ask me questions on Telegram: @LindaCrypto.
I hope you have enjoyed this article, and please comment in the allocated section below if you have any further questions.